Latest Headlines

Gold firmed near a one-week high as investors cast doubts over the pace of interest rate hikes next year by the US Federal Reserve which kicked off its two-day meeting earlier in the day.

The benchmark S&P 500 stock index has ended little changed in a choppy trading session on Tuesday as the possibility of a partial US government shutdown raised investor jitters ahead of a highly anticipated meeting of the Federal Reserve.

Oil prices tumbled more than five per cent overnight, falling for the third straight session as the market grappled with reports that US supply would continue to surge even if demand weakens as global growth deteriorates, which many expect.

Acclaimed international architecture group WOHA has landed in Perth, providing design works for Mustera Property Group’s $105 million Forbes Residences proposal in Applecross.

Losses across the board dragged the Australian share market lower, with energy stocks weighing the heaviest amid looming interest rate hikes in the US and tumbling oil prices.

The board of Explaurum has backed a revised takeover offer from Mark Zeptner-led Ramelius Resources for the gold explorer.

Private equity investor Potentia Capital has acquired a majority stake in Nedlands-based Micromine, eight months after the mining software developer hired PwC to find a new owner.

Domestic gas has started flowing from Woodside Petroleum’s Pluto plant near Karratha today, around six years after LNG exports from the facility got under way.

National group McGees Property has been awarded a $5.5 million state government contract to provide leasing services for the Department of Transport.

WestStar Industrial has won a $4.5 million contract with Rio Tinto for works at the Cape Lambert port facility, taking the local contractor’s order book to $30 million.

After being "bashed" for nine miserable months on the field and off it, Australia have defeated India by 146 runs in Perth to celebrate their first Test win under Tim Paine and Justin Langer.

The state government has announced a delay of up to 12 months at the Forrestfield-Airport Link due to tunneling issues, but says the rail project’s $1.9 billion budget will not be impacted.

Mission Australia and APM are planning to recruit 370 people in Western Australia after being selected earlier this month as local area coordinators by the National Disability Insurance Agency.

AGL has appointed former chief financial officer Brett Redman as chief executive on a permanent basis.

Opinion: Los Angeles and Miami should inspire Western Australians hoping to ignite tourist attention, but our state needs to consider how to generate the most value from the industry.

Perth startup Humm is setting its course for the next year after participating in Berkeley’s eminent Skydeck accelerator program.

A Perth technology startup backed by mining entrepreneur Kerry Harmanis has developed an artificial intelligence platform it believes can be applied to nearly any industry.

Domestic and international events are on a collision course, with 2019 to pose a plethora of challenges for business leaders.

Australian shares have tumbled amid wider global uncertainty, diving into the red during a bleak open to the session.

PM’s $9.2bn tax cut plan for election

Gold has risen as a slide in the US dollar makes bullion more attractive for holders of other currencies, while some investors have taken cover as stocks globally slipped into the red ahead of the US Federal Reserve's two-day policy meeting.

Wall Street’s major indices have slid more than two per cent, with the benchmark S&P 500 closing at its lowest level in 14 months, on concerns of slowing economic growth before a decision from the Federal Reserve this week on the course of interest rate hikes.

Oil prices fell about one per cent overnight on signs of oversupply in the United States and as investor sentiment remained under pressure from concern over global economic growth and fuel demand.

The state government has selected former Rio Tinto boss and current Mitsui & Co director Sam Walsh as the new chair of Perth Mint operator Gold Corporation.

The Australian share market has closed higher after an afternoon rally led by the materials sector.

India have crashed to 2-15 after being set a target of 287 runs to win the second Test and take an unassailable 2-0 series lead in Perth, where a demonic pitch has Australia's quicks licking their lips on day four.

Perth Airport has commenced legal action in the Supreme Court of Western Australia against Qantas to recover $11.3 million in unpaid charges for using its facilities.

Front end engineering and design work for Woodside Petroleum’s SNE oil development in Senegal has been awarded to Subsea Integration Alliance, with a final investment decision penciled in for mid-2019, after a long dispute among the project’s partners.

Austal has secured a contract to build two vessels for the US Navy, while also announcing that the Commonwealth has agreed to loan the government of Trinidad & Tobago $80 million to support a purchase from the local shipbuilder.

BHP is handing back the last of the $US5.2 billion from the sale of its onshore US assets through a special dividend.

SPECIAL REPORT: Three businessmen will have more impact than most on the state’s economic future, with Peter Coleman leading an oil and gas revival, Chris Ellison building a lithium empire, and Rob Scott reshaping Wesfarmers.

SPECIAL REPORT: As he takes his final bow next year, Marcus Canning will leave a legacy of major change to the artistic and cultural vibrancy of Perth.