Global equity markets rallied on Tuesday as investors engaged in bargain hunting and shrugged off a downturn in oil prices after hopes for an agreement among top producers to freeze output faded.
Gold has fallen for the third straight session, as global equity markets and the US dollar rose, depressing interest in gold as a safe-haven asset and taking it further below last week's one-year high.
Wall Street minted its second straight session of solid gains on Tuesday, as investors snatched up beaten-down consumer discretionary, industrial and tech shares.
A public sector wage freeze, amalgamations of major departments and a reform of health would be key moves to fix the state government’s worsening debt position, according to Chamber of Commerce and Industry of WA’s pre-budget draft submission.
The Lions Eye Institute is developing a study aimed at ameliorating high rates of short sightedness among Asians, while at the same time attracting more overseas students to Western Australia’s universities.
Prominent Labor MP and former resources minister Gary Gray has dropped another bombshell, announcing last night he will retire at the next federal election, meaning all three of Labor’s sitting mem
Local manufacturer Matrix Composites & Engineering lost a fifth of its value on the ASX today after announcing it had received a cancellation notice for two contracts worth a combined $US21.8 million ($A30.5 million).
Innovative IGA owner James Kelly will open his third 24-hour supermarket in July, signing up to be the anchor tenant at a redeveloped Boulevard Shopping Centre City Beach.
Metals X has once again stepped up its pursuit of Aditya Birla Minerals, announcing today that its off-market $68 million takeover offer is now unconditional, with a quarter of Aditya shareholders already accepting the offer.
Two separate UWA studies have unearthed surprising findings about what drives frustrations between drivers and cyclists, and how liveable Perth is (and could be) in terms of ‘walkability’.
Engineering company Monadelphous Group has posted sharp falls in profit and revenue for the six months to December, but says there is a growing pipeline of work in its maintenance services division.
Takeover target Asciano has recommended shareholders accept a $9.01 billion offer from a consortium led by QUBE Holdings after failing to attract a rival matching bid.
A visiting Sydney-based infrastructure adviser has suggested Western Australia undertake a pilot project to recapture some of the value created by publicly funded capital works developments.
Two apartment projects on the outskirts of Northbridge have provided a window into the challenges facing developers in Perth’s multi-residential sector.
Perth is now home to 19 Piddington Justice Fellows, the first graduating cohort of a program that connects recent law graduates struggling to find compulsory work experience with cash-strapped comm
Diversified contractor AusGroup has shocked the market with a $69.8 million quarterly loss, admitting it has been forced to write off long-standing contractual claims in order to boost its cash reserves.
Marine services provider Bhagwan Marine has won a contract to provide its services to American company Foss Teras Marine on an oil and gas construction project in Russia.
Subiaco-based gold miner Perseus Mining has posted a fall in half-year profit to $12 million on the back of the weaker Australian dollar, but grew revenue by 5 per cent.
