Gold has nudged lower as a stronger US equities market and shifting expectations for US interest rates hemmed in traders' appetite for the haven asset.
Accounting firm KPMG is launching a business ‘accelerator’ that is designed to assist early-stage technology ventures and bring them together with major companies in the energy and resources sector.
Private house sales rose 13.4 per cent in Western Australia in the December quarter, the highest three-month achievement in more than a decade, new figures from the Housing Industry Association have revealed.
Australia’s latest political crisis, the potential dumping next week of the prime minister, Tony Abbott, is masking a far greater threat to the country – a fresh outbreak of the GFC caused by the dramatic build-up of private and public debt.
The Department of Immigration and Border Protection has raided the office of mining sub-contractor Murphy Pipe & Civil over allegations it has been assisting foreign employees fraudulently obtain work visas.
All four of the major banks will pass on the Reserve Bank of Australia rate cut, though customers will have to wait at least another week for the cheaper rates to apply.
Perth-based Macmahon Holdings has flagged a $125 million to $135 million impairment in first-half profit on the back of challenging market conditions in the mining services sector.
US stocks have given up late gains after the European Central Bank put fresh pressure on Athens by lifting its waiver on the use of Greek bonds as collateral.
Gold prices have ended higher as investors hunker down for drawn-out debt negotiations with Greece, boosting demand for the precious metal as a haven asset.
There was a welcome rebound this week with reported activity up 25 per cent which takes sales back to their highest level for two months and similar to the beginning of December 2014.
Perth technology company APE Mobile has made it into the shortlisted top 5 in the 2014-15 OzAPP Awards, which seek the most innovative tech startup companies from the Asia Pacific region.
The next stage of LandCorp’s Claremont on the Park has been unveiled, with developer Mirvac Group launching sales for a luxury 142 apartment project today.
New York-based resource investment company Sigur Minerals has taken a $1.9 million placement in Walkabout Resources, representing 19.9 per cent of the Perth-based junior exploration firm’s stock.
With US and Australian investigators’ enthusiastic assistance, China is tracking down corrupt officials’ ill-gotten gains; but the playbook calls for a familiar ending.
Perth-based safety equipment developer Mobilarm has completed a $2 million convertible note issue, as it cranks up a new strategy focused on rental rather than sale of its man-overboard safety beacons.
The Department of Mines and Petroleum has finalised new environmental assessment fees for mining proposals and program-of-work applications, to take effect from July 1.
Liberal backbenchers aren't rushing to back a disgruntled colleague's call to dump Tony Abbott as leader next week, even after former Victorian premier Jeff Kennett described Mr Abbott's leadership as terminal.
