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Ambulance ramping at Perth hospitals has not eased since the opening of the new $2 billion public facility at Murdoch, the state government concedes.

A six-kilometre extension to the Mitchell Freeway will begin in the coming months, with Leighton Holdings awarded a $160 million contract for the construction work in Perth’s north-west corridor.

Metals X has issued a stern warning to Tanami Gold claiming it would be financially unwise to accept Northern Star Resources' bid for the Central Tanami gold project over its own proposal.

Global aluminium giant Alcoa has swung back to profit and struck a new energy supply deal in a positive sign for its Australian business.

Private driving service Uber has announced it will reduce fares for its budget UberX service in Perth by 20 per cent, making trips with the company up to 50 per cent cheaper than a taxi.

The Australian stock market is flat with energy stocks weaker on heavy oil price falls.

Western Australia might end co-operation with Canberra if it fails to win changes to the way GST revenue is distributed to the states and territories.

The Australian dollar is slightly higher after the US central bank failed to give a clear indication on when it will raise its interest rate.

Gold has extended losses, falling below $US1,200 an ounce after US Federal Reserve minutes revealed an interest rate rise could take place as early as June, causing the US dollar to turn higher.

Macquarie Capital and Brookfield Asset Management have agreed to buy Apache Corporation's Australian oil and gas operations for $US2.1 billion ($A2.7 billion), with the deal underpinned by a long-term gas sale agreement with Alcoa.

Another huge rise in US stockpiles and record oil output in Saudi Arabia has sent crude prices tumbling.

US stocks have risen as a big Royal Dutch Shell acquisition and a large potential pharma deal offset concerns about earnings season and US monetary policy.

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Australians would pay more for power at peak times, like hot days, and fork out extra at petrol stations under a government blueprint to grow the energy sector.

Myer could have a new owner by Christmas, with billionaire Solomon Lew and private equity groups engaged in a bidding war for the troubled department store.

Labor has thrown its weight behind an industry compromise on the renewable energy target, but the federal government isn't budging on its lower aim.

The share market has been boosted by stronger iron ore and crude oil prices.

Lawyers suing Australia's banks over hundreds of millions of dollars in excessive fees have vowed to go to the High Court after a landmark win against ANZ Banking Group was overturned.

March was slow month for new vehicle sales in Western Australia, adding to a slow quarter for the majority of the top industry players, with Nissan being one of the few exceptions.

Bill Shorten is coming under greater scrutiny and growing pressure due to his underwhelming performance since becoming opposition leader.

RNI shares lost more than a fifth of their value after the company announced its financing deal with a London-based fixed interest fund had fallen through.

The federal government has approved the $1.15 billion sale of construction giant John Holland to Chinese interests.

Shares in gold explorer Rubianna Resources skyrocketed on news it plans to exit the resources industry by acquiring a young cloud-based retail finance business.

The takeover negotiations facing mining equipment supplier Emeco Holdings got more complex today after it received a merger proposal from Queensland-based competitor Orionstone, which has also pushed for Emeco to scrap its planned purchase of truck rental company Rentco.

Singapore’s Fragrance Group has won approval for a massive apartments and hotel complex on Murray Street,  despite the City of Perth recommending it be refused planning approval.

Investors are welcoming news that Woodside Petroleum has made a gas discovery just north of its Pluto LNG project in the Carnarvon Basin.

Gold miner Evolution Mining says it will make a voluntary debt repayment of $35 million as a falling Australian dollar helps it generate cash.

The Australian share market has opened higher.

The Australian dollar is lower after briefly hitting a one-week high on the back of the Reserve Bank's decision to keep the cash rate unchanged.

Gold has edged lower as the US dollar recovers and global shares rise, but uncertainty about the timing of a US interest rate increase has $kept bullion not far from a seven-week high above $US1,200 an ounce.

US stocks have finished modestly lower as cautious sentiment about earnings season offset major deals involving FedEx and Informatica.

Crude oil has closed solidly higher, with the US futures contract hitting their highest point so far this year on expectations of a decline in US production.