Gold prices surged to a near six-year peak overnight after the US Federal Reserve bank signalled it was ready to cut interest rates as early as next month to boost growth, triggering a sharp fall in the US dollar.
Oil soared more than five per cent overnight after Iran's army shot down a US military drone, raising fears of a military confrontation between the two countries.
Neometals will be considering India as the location to build a lithium hydroxide refinery, but previously announced plans for the project to be built in Kalgoorlie will remain as an option.
Lynas Corporation chief executive Amanda Lacaze says the company is around two months away from deciding on a Western Australian site to expand its processing operations.
Canning Bridge IGA owner Greg Brindle’s efforts to overturn the approval of a $60 million Woolworths-anchored retail development in Mount Pleasant have been knocked back for a second time by the Supreme Court of Western Australia.
The Australian share market has closed higher for a third day, with gains in most sectors and gold miners a standout as the price of the precious metal jumped to a six-year high.
The Australian dollar gold price has passed $2,000 an ounce for the first time, according to The Perth Mint, with five WA-linked goldminers putting on a combined $1.3 billion of value in today’s trading.
Australia’s annual population growth rate increased to 1.63 per cent in 2018, and while WA’s growth rate has improved, it continues to be one of the slowest growing states.
Kalium Lakes has awarded Toll Group a key haulage contract to move product from its Beyondie sulphate of potash project south-east of Newman to port facilities at either Fremantle or Kwinana.
National Australia Bank says it's putting its money where its mouth is by allocating $2 billion to boost high-growth tech companies over the next five years.
Rio Tinto has experienced iron ore mine operational problems, particularly in its Greater Brockman hub in the Pilbara, causing the mining giant to cut its shipments forecast for the second time in around two months.
Oil futures were mostly steady overnight as price support from a larger-than-expected decline in US crude inventories was countered by a lull in equities.
Gold prices climbed overnight after the US Federal Reserve signalled interest rate cuts were possible later this year as it responded to increased economic uncertainty and tepid inflation.
Perth’s inferiority complex is holding it back from potential growth and development, as it is viewed to be as appealing as Australia’s largest cities, a new report has found.
The Supreme Court of Western Australia has given a Nedlands sports club the green light to appeal its failed attempt at regaining a liquor licence, after its facilities where deemed not to constitute a sports arena.
The Australian share market has surged by more than a percentage point to hit another 11-year high amid indications Chinese-US trade tensions could be easing.
The Office of the Auditor General has found a project to replace PathWest’s ‘laboratory information system’ is now expected to be two years late and cost nearly double the project’s original $26.8 million budget.
PODCAST: Mark Pownall talks to market researcher Kristen Turnbull from CoreData about WA consumer sentiment and impact of Federal Election result on consumer perception/behaviour, as well as the fallout from the failure of the polls to predict the outcome.
Andrew Forrest has invested $15 million on Fremantle property assets in the past 15 months, as the biggest regenerative project in local history nears completion
OPINION: Growing demands on school leaders have led to a lack of confidence among many, fuelling the onset of ‘impostor syndrome’ within school communities.
The tally of new ASX listings from Western Australia remains at just two this year, with Gold Tiger Resources (Australia) canning its IPO after being hit by weak equity markets and gold sector woes and having to issue a supplementary prospectus.
