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Heavyweights drag ASX down at the open

Heavyweight banking and mining shares dragged on the market during early trade, with Australian shares opening the new week lower in the wake of a Wall Street sell-off and concerns over a Chinese economic slowdown.

Morning Headlines

Coalition continues to slide down a slippery poll

Gold falls to one-month low on strong $US

Gold has fallen by more than a percentage point to a one-month low as the US dollar strengthened after the Federal Reserve reaffirmed its monetary tightening stance, seen as a negative for non-yielding bullion.

US crude on longest losing run since '84

Oil prices have fallen nearly a percentage point as global supply increased and investors worried demand growth could slow, pressuring US crude to its longest stretch of daily declines since 1984.

Morning Headlines

$1b lithium jobs boost

Tech dominates encouragement awards

Tech platforms have dominated the Innovator of the Year encouragement awards, presented last night, with winners including a video conferencing device for remote communities, groundwater management software, business scheduling software, and a new transmission system for bikes and vehicles.

Gut health and cancer care win big

The Noisy Guts Project and Chemo@home have taken home the respective Emerging Innovation and Growth categories at last nights Innovator of the Year awards, marking a big win for Perth-based healthcare and research.

Building platform tops award winners

Tom Young says interest in his udrew interactive building approvals system - the overall winner of the Mitsubishi Western Australia Innovator of the Year award - is growing ahead of its market launch early next year.

Morning Headlines

Ichthys facing claims ‘well in excess of $US1b’

Geopacific releases DFS for $198m Woodlark project

Geopacific Resources has detailed a capital expenditure of $198.5 million for its Woodlark gold project and is set to commence in early 2020.

BDO announces new chair

Accounting firm BDO has announced the appointment of Pippa Hobson as chair of the Perth office.

New MD for Chevron Australia

Petroleum giant Chevron today announced that Australian boss Nigel Hearne will move to the US, to be replaced by company veteran Al Williams.

ECU announces $48m science building

Multiplex has been awarded the construction contract for a $48 million science building at Edith Cowan University’s Joondalup campus.

Morning Headlines

Cooper & Oxley debts rise to $45m

Morning Headlines

Payne’s trip ends Chinese freeze

Morning Headlines

Treasurer injects $60m into bank watchdog

Morning Headlines

Data stolen in cyber-attack on shipbuilder

Morning Headlines

Offshore drilling ‘is a national priority’

Osborn receives AICD excellence award

Two major organisations have recently honoured successful Western Australians, with the Australian Institute of Company Directors presenting exellence awards to Wayne Osborn and Erica Smyth, while Curtin University has recognised the achievements of two former 40under40 winners.

Malone to chair satellite company

iiNet founder and 40under40 winner Michael Malone has been appointed chair of ASX-listed satellite company Sky and Space Global (SAS).

Morning Headlines

WA in $290m project pitch

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