Politics & the Economy

Perth Freight Link cost $140m+

More than $140 million was spent on the cancelled Perth Freight Link project, the state government has revealed.

Liberals have plans for Honey

Opinion: Local branch members got their man when David Honey won the recent Cottesloe by-election.

Oil retreats after failing to hit $US70

Oil prices have dropped after investors took profits after this week's rally and as US stock markets fell, but losses were limited by the continuing efforts of OPEC and its allies to curb supplies.

Morning Headlines

Trump to slap China with $US50b in trade sanctions

Wall St drops 1 pct on trade war fears

US stocks have fallen about 1 per cent on the growing threat of a global trade war as the Trump administration plans to impose import tariffs on China and as technology stocks stayed under pressure.Pr

New World Trade Centre plan developed

The private group behind ambitious plans for a $1 billion-plus World Trade Centre development in Perth has prepared updated designs focused on the Megamart site it already owns in Northbridge.

Strong national job growth continues

Western Australian unemployment was up 0.2 per cent in February to be 6 per cent in seasonally adjusted terms, according to the Australian Bureau of Statistics, while Australia-wide employment grew by a record amount.

$A hits rallies after US rate hike

The Australian dollar has rallied almost one US cent, after the US Federal Reserve raised its interest rate for the first time this year and paved the way for more rate hikes later this year.

Morning Headlines

$30b in WA projects rest on tax

Gold up after Fed flags fewer rate hikes

Gold rose more than one per cent from a three-week low after the US Federal Reserve increased interest rates and forecast at least two more hikes for 2018, falling short of the three more increases ma

Oil hits six-week high on inventory data

Oil prices hit a six-week high on Wednesday, closing in on a three-year peak set in late January, on a surprise decline in US inventories, strong compliance on OPEC production cuts, and persistent con

Strengthening business ties

Two new business groups plan to strengthen Western Australia’s economic links with innovative overseas economies, with the Swedish Australian Chamber of Commerce and WA Singapore Business Connect opening Perth chapters.

WA job ads hit 2.5-year high

Online job advertising is growing at its fastest rate in 2.5 years in Western Australia, with the latest figures showing a 14.8 per cent surge in ads over the past 12 months.

Morning Headlines

Company tax cut deal edges closer

Oil prices rise to three-week high

Oil prices have climbed to their highest level in three weeks as tension in the Middle East and the possibility of further falls in Venezuelan output helped offset the impact of growing US crude produ

$A follows metals prices lower

The Australian dollar is back below 77 US cents, under pressure from falling metals prices, amid market caution about higher US interest rates and worries about a possible trade war.

Gold fall ahead of US rate decision

Gold prices fell on Tuesday as the US dollar strengthened ahead of a Federal Reserve meeting at which the US central bank is expected to raise interest rates for the first time this year.

Labor workplace shake up on horizon

Domestic violence leave and a capacity for court-made equal remuneration orders look more likely after an interim report of the state government’s industrial relations review recommended some significant changes to the current workplace relations system.

Morning Headlines

Port jobs fear as mine closes

Gold bounces from 2-week low

Gold prices turned positive on weakness in equity markets after touching their lowest in more than two weeks on Monday ahead of a US central bank meeting that could raise interest rates and signal thr