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Australian shares are slightly negative in early trade following falls on Wall Street's main indexes overnight and a decline in the shares of mining giant Rio Tinto following its half-year results.

Rio flags asset sales as returns soar

Oil prices fell about 2 per cent as a surprise increase in US crude stockpiles fed concerns about global oversupply, while investors worried that trade tensions could hit energy demand.

The S&P 500 and Dow have slipped as gains in Apple shares were offset by a drop in energy and industrial companies with the US Federal Reserve remaining on course for an expected interest rate hike in September.

The worst may be over for Perth's office market, with the latest statistics pointing to another fall in vacancies, dropping slightly from 19.8 per cent to 19.4 per cent in the six months to July, according to the Property Council of Australia's mid-year office market report released today.

Marine services company Bhagwan Marine has expanded its fleet with the purchase of two specialist vessels that are larger than others in its current fleet.

The Australian share market has closed slightly lower as falls in banking and energy stocks offset gains in miners BHP and Rio Tinto, industrials and healthcare companies.

The Esplanade Hotel in Fremantle is up for sale, with its owners hoping for a big premium on their $88.5 million purchase price in 2013.

Apartment developer Blackburne has sketched out ambitious plans for one of Perth's most contentious properties, after paying $25 million for the Subiaco Pavilion Markets site.

Belmont-based remote power provider Zenith Energy has won a contract to provide a 20 megawatt power station at Chevron's oil operations on Barrow Island.

Landgate chief executive Jodi Cant has been appointed as the new director general of the Department of Finance, but the state government is still looking for a permanent boss for the Department of Jobs, Tourism, Science and Innovation.

The Prendiville Group has confirmed it is the owner and operator of inner-city pub The Brisbane Hotel after former licensee Geoff Hayward placed his private company into voluntary liquidation.

Scentre Group is set to lift the curtain of its $350 million Westfield Carousel redevelopment at the end of this month, which will feature a new rooftop dining and entertainment precinct as well as an additional fashion mall, anchored by David Jones.

The environmental watchdog has recommended approval to TSX-listed LeadFX to restart the Paroo Station lead mine near Wiluna, which was placed on care and maintenance in 2015.

PwC Australia has completed a deal to acquire key partners and staff from PPB Advisory, bolstering the firm's corporate restructuring and deals business, as well as partners and staff from Litmus G

The state government has today announced a host of local government reforms, including provisions related to councillors and chief executives receiving gifts.

ASX-listed property group Vicinity Centres, which is looking to sell six shopping centres in WA, has exchanged contracts with a private Australian property syndicator for Flinders Square in Yokine.

Paladin Energy has announced plans to move to full ownership of fellow Perth-based uranium company Summit Resources, in a scrip deal worth around $7.8 million.

New APM chief executive Michael Anghie has bolstered his team by recruiting Youth Focus chief executive Fiona Kalaf to take a newly created role with the human services company.

Perth house prices suffered their largest monthly decline in almost a year, after slipping 0.8 per cent in July, according to the latest data from CoreLogic.

Peter Quinlan has been appointed Western Australia's 14th chief justice of the Supreme Court, effective August 13.

The science-fiction comedy Skylab will premiere in Perth this August in a production that marks a first-time collaboration between Yirra Yaakin Theatre Company and Black Swan State Theatre Company.

The city's pipeline of hotel developments is providing immense opportunities for local artists and art dealers.

Palmer fight with Sino Iron a threat to WA's mining future, CITIC warns

US stocks have risen as technology stocks rebounded and a report said the United States and China were trying to restart negotiations to defuse a trade war between world's two largest economies.

Two large englobo sites, ripe for residential development and comprising 171.7 hectares in Eglinton, have been listed for sale.

Western Australia's improving economic outlook was a driving factor behind the decision by national design firm Architectus to open a Perth office, headed by former Woods Bagot executive Mark Mitcheson-Low.

Minderoo Foundation has today announced a $100 million research initiative designed to study and protect global marine life and its chairman Andrew Forrest has used the occasion to attack the federal government's new marine parks plan.

Australian shares have finished near-flat with solid gains for energy stocks and BHP failing to overcome weakness in industrial and consumer stocks.

Updated: State opposition leader Mike Nahan has revealed that his attempts to renounce his US citizenship in 2008 failed due to an ongoing tax dispute with the US government.

Executive search firm Gerard Daniels has updated its leadership structure, with the appointment of Alison Gaines as chief executive and the recruitment of Steve Scudamore as chairman of its advisory board.