Oil has settled slightly lower in choppy trade as a surging US dollar and anticipation of higher US crude stockpiles offset optimism about planned OPEC output cuts that initially took Brent to four-month highs.
Gold has slumped more than three per cent, reaching its lowest price since Britain's shock vote to leave the European Union in June, as the US dollar has rallied after upbeat US data.
Regulating profits ‘dangerous’Commonwealth Bank of Australia chief executive Ian Narev has warned politicians against regulating bank profitability while
Mining software supplier Micromine has promoted Claire Tuder to the role of director and chief executive while also establishing an advisory board with two industry veterans.
Commonwealth Bank of Australia boss Ian Narev would be the first to admit his bank could improve in some areas, but he has told a parliamentary committee the bank was doing better at listening to customers and was committed to efficient redress.
Innovation Minister Bill Marmion has named the three inaugural winners of the Start IT Up WA Challenge, with the teams to share in a $100,000 prize pool to develop their projects in collaboration with the state government.
RCR Tomlinson managing director Paul Dalgleish is no longer a substantial shareholder in the engineering group after selling $5.2 million worth of shares.
Mining giants Rio Tinto and BHP Billiton say they have no intention of taking up the state government's offer to change how they pay the controversial iron ore lease rental that Nationals WA leader Brendon Grylls wants to hike.
New Reserve Bank governor Philip Lowe kept a steady hand at the tiller using his first monthly board meeting to leave the cash rate at record low 1.5 per cent.
Heavy earthmoving equipment supplier Emeco Holdings has shrugged off a credit rating downgrade from Fitch Ratings, with managing director Ian Testrow saying the market should focus on the big picture of the company’s merger and restructuring plan.
A lack of clear information in Australian broadband advertising is contributing toward unrealistic expectations of internet speed, the chairman of the consumer watchdog says.
Netflix rival Presto will close at the end of January after Seven West Media agreed to sell its 50 per cent stake in the streaming service to co-owner Foxtel.
The Australian share market is lower, reflecting the weakness in global markets overnight and nervousness by investors ahead of the Reserve Bank's decision on local rates.
Oil has risen more than one per-cent, with Brent settling above $USUS50 a barrel the first time since August and US crude hitting three-month highs, after Iran exhorted the need for other oil producers to join OPEC in supporting the market.
Gold prices have slipped as the US dollar gained on stronger-than-expected US manufacturing data and investors awaited jobs data later this week for clues about whether US interest rates would rise by the year-end.
The Australian dollar is slightly higher against the US dollar on increased risk appetite, with the Reserve Bank of Australia widely expected to keep the cash rate on hold later on Tuesday.
Jail time for rate riggersThe federal government will introduce criminal penalties and new regulations to prevent the manipulation of the bank bill swap rate, an alleged p
On October 15 the Perth Concert Hall will again unveil some of the state’s most innovative thinkers, with the first eight speakers of this year's TEDxPerth announced today.
Strong gains among financial and energy stocks have driven the share market higher despite lower trading volumes as most states break for a public holiday.
A Karratha-focused property developer that was jointly established by Boom Logistics director Terence (Jack) Hebiton has been placed into voluntary administration.
If the Western Australian government is seeking a marketing advantage over other states, it has just been handed one in the form of the disastrous energy policy destabilising the rest of the country.
Perth dwelling values tumbled by 2.5 per cent last month to their lowest level in nine years as weak demand continued to cripple the housing sector in Western Australia.
Woolworths has completed the sale of its profitable Home Timber and Hardware franchise as part of its $1.5 billion exit from the home improvement sector.
National Australia Bank has completed the sale of 80 per cent of its life insurance business to Nippon Life, and expects a loss of between $1.2 billion and $1.3 billion on the deal.
Perth's ‘Taj Mahal on the Swan’, the unfinished, derelict mansion owned by Pankaj and Rhadika Oswal, is finally being demolished. CLICK THROUGH TO SEE MORE PHOTOS.
Perth-based biotechnology company Metavone hopes to list on the ASX next month after raising up to $5 million from investors in an initial public offering.
