Gold is little changed with the US dollar paring gains, after bullion inched down to the lowest in more than three months following the previous day's sharp sell-off and a technical break well below the key $US1,300-an-ounce level.
Oil prices have settled up about two per cent, hitting their highest since June, after the fifth unexpected weekly drawdown in US crude inventories added to support on hopes that major producers will agree to cut output next month.
IMF warns nation on debt ‘binge'Global public and private debt has blown out to a record $US152 trillion ($199 trillion) and Australian households are bingeing on borrowed
Perth's first innovation hub dedicated to the resources sector plans to focus on the impact of disruptive technologies after its official opening last night.
Continuing investment in major resources projects nearing completion contributed $35 billion to the Western Australian economy in 2015-16, around two thirds of Australia's resources investment spend in the year, according to the Department of Mines and Petroleum.
The share market recovered some of its early falls but still closed in negative territory as sentiment remained subdued on strengthened expectations of a rate hike by the US Federal Reserve.
One Nation Senator Rod Culleton has again failed in his bid to challenge a three-year-old court judgment ordering him to pay $205,000 in damages to former Wesfarmers director Dick Lester.
ANZ Banking Group has pledged to consider cutting credit card rates and stopping its millions of dollars in political donations, as its boss apologised for failing customers.
Perth leadership and strategy consultant Kia Dowell has become the first Australian to be selected for a global mentoring program she hopes will help propel her business to international markets.
Western Australia is emerging as a market leader in the uptake of microgrid technology in electricity markets, with recent announcements by Horizon Power and Carnegie Wave Energy part of broader moves across the sector.
Perth has taken the biggest slice of global franchise California Pizza Kitchen, with the opening of the group's Australian flagship restaurant at Hillarys Boat Harbour.
Independence Group has put forward a $20.5 million bid for emerging nickel play Windward Resources, competing against a previous deal put forward by Michael Fotios's Eastern Goldfields.
The Australian dollar is half a cent lower against its US counterpart after risk sentiment soured on the back of a report saying the European Central Bank would taper its bond buying program.
Oil has settled slightly lower in choppy trade as a surging US dollar and anticipation of higher US crude stockpiles offset optimism about planned OPEC output cuts that initially took Brent to four-month highs.
Gold has slumped more than three per cent, reaching its lowest price since Britain's shock vote to leave the European Union in June, as the US dollar has rallied after upbeat US data.
Regulating profits ‘dangerous'Commonwealth Bank of Australia chief executive Ian Narev has warned politicians against regulating bank profitability while
Mining software supplier Micromine has promoted Claire Tuder to the role of director and chief executive while also establishing an advisory board with two industry veterans.
Commonwealth Bank of Australia boss Ian Narev would be the first to admit his bank could improve in some areas, but he has told a parliamentary committee the bank was doing better at listening to customers and was committed to efficient redress.
Innovation Minister Bill Marmion has named the three inaugural winners of the Start IT Up WA Challenge, with the teams to share in a $100,000 prize pool to develop their projects in collaboration with the state government.
RCR Tomlinson managing director Paul Dalgleish is no longer a substantial shareholder in the engineering group after selling $5.2 million worth of shares.
