Oil prices have eased after topping $US50 a barrel for the first time in about seven months, while US stocks ended near flat after two days of strong gains.
Wall Street has trodden water following two days of strong gains as advancing defensive sectors offset declines in materials, banks and other cyclical industries.
Mining group South32 has made about 270 roles redundant across its Australian and South African offices, on top of more than 1,000 job cuts earlier this year.
An audit of registered training organisations specialising in high-risk work licences has found an alarmingly high level of non-compliance with regulatory standards.
Western Australia’s top tourism lobby group says the Perth Convention and Exhibition Centre needs to grow by at least 60 per cent, otherwise the state risks falling behind its eastern counterparts
Shoppers will no longer be slugged with excessive surcharges on credit card payments under new rules, but could face other fees as banks look to make up for lost revenue.
Gina Rinehart has lost her position as Australia's richest person due to plunging iron ore prices and a bitter court battle with her two eldest children.
This week, Reiwa members reported an increase in weekly sales to 579. The overall 3 per cent increase in sales over the week is attributed to a 7 per cent increase in sales for houses and 1 per cent for units.
The prospects of a Perth consumer newspaper monopoly are firming, with the Australian Competition and Consumer Commission preparing to review a tie-up between The West Australian and The Sunday Times.
Two Perth-based resources companies are planning to switch sectors with the acquisition of cancer-based biotechnology firms, with one planning a backdoor listing and the other seeking support for an IPO.
The competition watchdog has further delayed its decision on the $9 billion takeover of rail and ports giant Asciano, after receiving complaints that the deal would reduce competition in the container logistics business.
Wall Street has risen robustly for a second straight session, helped by higher oil prices and investors becoming more comfortable with the prospect of an interest rate hike as early as next month.
Gold has fallen to a seven-week low after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate rises in the near term.
Oil prices have climbed to just shy of $US50 ($A69.62) a barrel after a sharper-than-expected fall in crude inventories, lifting energy shares and world stock markets.
THE sale of major public assets is looming as the only realistic option for a government of either stripe hoping to reclaim the state’s AAA credit rating and fund infrastructure needs in the decade
A balancing act between the science of plant breeding and consumer preferences has produced a new apple variety, developed in Manjimup, in WA’s South West.
WHEN a truck drives over one of Mike Kenny’s units he knows all about it, or at least a customer of his North Coogee business does. The same goes for a car, a motorcycle or even a bike.
The state government has released details of its new digital innovation framework on the same day the auditor general slammed the state for letting its ICT strategy fall behind the rest of the country.
German company K+S Group is planning to evaluate development of a $350 million salt project south-west of Onslow, six years after another salt project in the area was scrapped after facing widespread opposition.
