Despite a good start to the session, the Australian share market has closed steady as investors worry about the possibility of another North Korean missile test on Saturday, the anniversary of the country's founding.
Payroll tax shockBusinesses will be slugged with higher payroll taxes in today's Budget as the State Government pursues a revenue windfall to help neutralise burgeoning
The Australian dollar has crept higher against its US counterpart, recouping a little of its loss following weaker-than-expected economic growth figures and gains in the greenback.
Oil prices have risen more than per cent as strong global refining margins and the reopening of US Gulf Coast refineries provided a more bullish outlook after sharp drops due to Hurricane Harvey.
Gold prices have fallen from the one-year high hit in the previous session as concerns over a potential US government shutdown eased and the dollar rose against the safe-haven yen.
Balcatta-based electrical, fire and security service provider Global Electrotech has gone into liquidation after creditors appointed DCS Advisory to the failed business, which owes about $1.2 million.
Gold prices have climbed to a one-year high on Tuesday as the US dollar eased and safe-haven buying demand remained robust due to continued concerns over North Korea's nuclear tests.
Key policy pay shake-up is ‘ludicrous and not fair'Top bureaucrats want the McGowan Government to break its election promise to hold them accountable to shared goals, a
Crude oil prices rose and gasoline fell by about three per cent on Tuesday as the gradual restart of refineries in the US Gulf that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.
The Australian share market has overcome a poor start to close slightly higher, helped by a late rally in bank stocks and support for the miners on the back of recent improvements in commodity prices.
The Australian market has opened lower, following the negative lead of international bourses with investors unnerved by North Korea's nuclear missile test.
Bid to revive Diploma GroupThe family behind the failed Diploma Group and its provisional liquidators are seeking to have the company excluded from a potential wind-up
Brent crude prices have fallen while US crude oil prices have edged higher and petrol prices have slumped to pre-Hurricane Harvey levels, as oil refineries and pipelines in the US Gulf Coast slowly resumed activity, easing supply concerns.
The Australian dollar has slipped against its US counterpart, which also fell, but less so, as gold and defensive currencies fared better than equities and bonds amid quiet markets.
Gold prices have shot up to their highest levels in close to a year as investors bought safe-haven assets on worries that North Korea might launch more missiles after Sunday's nuclear test.
Gold has risen to its highest in nearly 10 months after US jobs growth slowed more than expected in August, but pared gains when investors judged that the figures were unlikely to change the outlook for US interest rate rises.
WA Libs press for fiscal secessionThe West Australian Liberal Party will explore what it would take to make the state financially independent from the rest of Australia
The Australian dollar is higher against its US counterpart which itself has lifted against a basket of currencies despite disappointing key US jobs figures.
The Australian share market has closed slightly higher on Friday after strong gains on Thursday, with heavyweight Commonwealth Bank weighing on the index and blood products and vaccines giant CSL providing some lift.
Australian shares have opened higher, boosted by a strong overnight lead from Wall Street, with the local market currently on track to recover the week's losses.
GST increase key for new political partyOne of Perth's top businessmen has revealed WA business leaders are behind a political party that is being set up to fight for a
Petrol futures have surged more than 13 per cent, and crude oil has settled nearly 3 per cent higher, as almost a quarter of US refining capacity remained offline and traders scrambled to reroute millions of barrels of fuel.
Gold has steadied, as a stronger US dollar pushed the metal off Tuesday's nine-and-a-half-month high, but the precious metal remains above $US1,300 on renewed tensions between Washington and North Korea.
