Rio Tinto has reaffirmed its guidance for iron ore shipments in 2016 but slashed production guidance for next year after saying it was facing delays with its AutoHaul driverless trains project in the Pilbara.
The Dow Jones industrial average has climbed to a nine-month high in a market buoyed by Hasbro and Disney, as investors braced for a flurry of quarterly earnings reports through the week.
Oil prices edged lower on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets rose and the Dow Jones industrial average closed above 18,000 for the first time since July.
Gold has steadied as the US dollar fell against a basket of major currencies, world stock markets edged higher, and oil prices pared earlier losses that had been triggered by the failure by oil producers to agree an output freeze.
Supermarket giant Aldi has confirmed its first Western Australian shops will open on June 8, at Lakeside Joondalup Shopping City, Mirrabooka Square Shopping Centre, Kwinana Marketplace and Belmont
The corporate watchdog has permanently banned two local brokers from providing financial services for misconduct, while winding-up three abandoned companies based in Western Australia.
The state’s shipbuilding industry has had a big win, with the federal government selecting Austal to build 21 Pacific Patrol Boats at its yard in Henderson in a contract worth at least $500 million.
The developer of a gun safety device has become the fifth Israeli company in the technology or medical cannabis sectors to pursue a listing on the ASX through either an IPO or a reverse takeover of a moribund WA mining company.
The state government is making a mistake cutting tourism funding by more than $20 million at a time when it should be boosted to make up for the loss of the mining boom's riches, a national industry group says.
Saudi Arabia has demanded Iran join a global deal on freezing oil output, jeopardising an agreement between OPEC and non-OPEC producers that was supposed to help ease a glut and prop up the price of crude.
Gold has risen after three days of declines as the US dollar and major stock markets weakened, but bullion was headed for its first weekly drop in three.
In this Business News podcast Mark Pownall and Mark Beyer discuss Unemployment and the markets, Rio Tinto, Freightlink, LNG 18, our special report Apprentices and Training.
The Australian share market closed higher for a fourth consecutive day, thanks to gains in resource giants BHP Billiton and Woodside Petroleum, plus retailers Wesfarmers and Woolworths.
The state government has shortlisted six companies in the latest phase of its GovNext project to outsource its information and communications technology.
Each of us likes to think we have the silver bullet solution to the pressing issues of the day – from the environment to superannuation to tax. However political reality most often means good policy ideas get thrown into the too-hard basket in the face of pressure from lobby groups and vested interests.
Creative agency RARE and media buying business Carat have won major contracts with Seven West Media, ending Marketforce’s 40-year run as the go-to marketing communications agency for SWM's The West Australian.
Former police minister Rob Johnson has fired a parting shot at Premier Colin Barnett as he resigned as a member of the Liberal Party, saying the state’s debt burden was out of control, among other issues.
DEXUS Property Group's $2.5 billion takeover of ASX-listed Investa Office Fund has fallen over after it failed to get enough support from the target's shareholders.