Western Australia's cruise industry is set to surge as it seeks to capitalise on the state's proximity to Asian holiday destinations, according to cruise ship operator Princess Cruises.
The Deloitte WA Index declined in June after positive performance in the previous month, with the market capitalisation of Western Australian listed companies decreasing by 3.1 per cent to close the month at $149.3 billion.
At 1010 AEST on Friday, the benchmark S&P/ASX200 index was down 19.2 points, or 0.35 per cent, at 5,445.2., while the broader All Ordinaries index was down 18.0 points, or 0.33 per cent, at 5,4
The Australian sharemarket ended a three-day run of losses with modest gains, despite a rise in the unemployment rate, with the benchmark S&P/ASX200 index 11.9 points, or 0.22 per cent, higher at 5,464.4.
Knight Frank has been appointed to sell the office building at 47 Ord Street, with the property expected to appeal to owner-occupiers as well as investors.
Their focus might be on the forthcoming Commonwealth Games, but hockey stars Rachael Lynch and Ashleigh Nelson also have an eye on the future with a plan to attract corporate interest in their speaking talents to raise funds for charity.
Losing one contract is not the biggest problem confronting locally based education provider Navitas, even though Macquarie University's decision to end a near 18-year relationship wiped $800 million off the value of the stock yesterday.
Australia's Export Finance and Insurance Corporation has found that exporters are growing in confidence, with 95 per cent of small and medium enterprise exporters predicting their overseas sales to either remain the same or grow in the next 12 months.
Apartment developer Finbar Group is set to lodge another record net profit, with a $36 million result in FY14 to be its eighth consecutive year of profit growth.
The Australian Competition and Consumer Commission has raised concerns about the sale of four Western Australian Supa IGA stores to the Wesfarmers-owned Coles.
Perth technology entrepreneur Zhenya Tsvetnenko is taking another of his ventures public with a second reverse takeover of a struggling mining stock in four months.
US stocks have scored moderate gains following a solid kickoff to earnings season from Alcoa, and Federal Reserve meeting minutes signalling an end to its bond-buying program in October.
Gold prices have extended earlier gains after Federal Open Market Committee meeting minutes showed that central bank officials were shifting focus away from raising interest rates as the key strategy for tightening monetary policy.Gold lifts after FOMC minutes
The Australian dollar is higher on greenback weakness after the US Federal Reserve's policy committee said it would not begin raising interest rates for "a considerable time".
