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Supermarket giant Woolworths allegedly pressured more than 800 of its suppliers for make extra payments worth up to $60 million to shore up the retailer's profits, the consumer watchdog says.

The Australian share market has closed lower as big investors look to markets overseas for better value shares.

Perth company directors Ian Middlemas and Domenic Martino have joined a flurry of pre-Christmas M&A deals that are valued at nearly $300 million, and designed to revive moribund resources companies.

A number of Perth’s leading community sector experts have spoken candidly about why it is so difficult to measure the impact their work has on those they’re helping and society at large.

Mining and debt have always been a deadly combination, especially for investors, but toss in a stiff dose of politics and you have a brew infinitely more volatile for everyone, including government.

Wellard chief executive Mauro Balzarini rung the bell at the ASX’s Perth office this morning as the company’s shares began trading for the first time.

Property Council of Australia’s long-serving Western Australian executive director Joe Lenzo has announced he will retire next March, with the search for a successor to begin immediately.

Western Australians lead the nation in charitable giving according to recent Roy Morgan Research which has revealed 71 per cent of the state’s population gave to charity in the past year, compared with the national average of 66 per cent.

Western Australia’s unemployment rate has lifted 0.2 per cent in November to 6.6 per cent in seasonally adjusted terms and employment eased back from a record high, in contrast to strong employment growth in the rest of the country.

The Australian share market is lower despite strength in materials and energy stocks, after Wall Street fell as a brief rally in oil prices fizzled.

Coal mining crisis to hit at home

The prime minister wants the Perth Freight Link completed as soon as possible, despite controversy continuing to dog the project.

The Australian dollar has edged lower ahead of key jobs figures.

Gold prices have flattened, giving back earlier gains as oil prices fell and shrugging off support from the weak US dollar and shares as investors remained cautious ahead of an anticipated Federal Reserve rate rise next week.

US stocks have closed lower in a choppy session as oil resumed its decline and the S&P 500 index fell through a technical support level ahead of a Federal Reserve meeting next week that is expected to result in an interest rate hike.

This week REIWA members reported a significant decrease in the weekly sales to record 552 sales. The 19 per cent decrease in sales over the week is mainly attributed to a decrease in sales across house, unit and land sales of 20 per cent, 18 per cent and 16 per cent.

The University of Western Australia is set to cut staff numbers by around 300 places next year in a bid to rein in costs and re-target resources to more competitive divisions.

An arrangement struck two years ago allowing Perth electrical, fire and security service provider Global Electrotech to slowly repay some of its $9 million plus debt to creditors has hit a snag.

Australian mining contractors Murray Engineering and Byrnecut have been involved in the delivery of the first automated underground mine in Africa, for Randgold.

Gold miner Northern Star Resources says its recently acquired Hermes deposit in the Bryah Basin could make a ‘significant’ contribution to its annual production.

A company has been fined $80,000 plus $6,000 in costs after a worker was severely burned when a tractor engine caught fire during an apprentice "challenge" in Western Australia.

Australian shares have closed lower as investors worry about global growth prospects and falling commodities prices.

Canberra’s aversion to pro-active, targeted spending on military hardware has diminished the nation’s role in the region, and will do so in the future.

Carbon Conscious plans to expand its business into the dairy sector, announcing plans to purchase a South West dairy property and link up with a Chinese trading group.

The corporate watchdog has banned a third former Get Approved Finance broker from providing credit and financial services, after she was found to have engaged in misconduct.

Billionaire Gina Rinehart is excited about the Roy Hill project's expected first iron ore shipment this week despite the commodity trading at a fresh 10-year low.

Engineering contractors Monadelphous Group and Wood Group have secured new contracts with Woodside Petroleum and ConocoPhillips to service existing oil & gas facilities.

Labor has urged the prime minister to redistribute federal government infrastructure funding, beginning with the Perth Freight Link.

Premier Colin Barnett has warned the state government's mid-year budget review would be 'horrible' as the state continues to suffer from a downturn in revenue.

The Royal Flying Doctor Service is seeking to buy what will be the first flight simulator of its kind in the Southern Hemisphere, as part of plans to develop a state-of-the-art training centre in Western Australia.

Gleneagle Gold will make a second attempt at a reverse takeover with plans to buy a local unlisted medical cannabis company in a deal worth about $8 million.

The Australian share market is lower and under pressure from the continuing commodities rout and weaker US markets.