Engineering contractor Downer has been awarded contracts worth $420 million to maintain roads in South Australia's Metropolitan Zone and Regional North Zone.
Shares have gained about 1.0 per cent early in trade on the Australian market after solid gains on Wall Street overnight following a rebound in US services industry activity.
Oil futures ended largely steady overnight as positive economic data supported prices, while a spike in coronavirus cases in the United States that could curb fuel demand pressured prices.
Gold overnight edged towards a near 8-year high hit last week as a spike in coronavirus cases kept safety demand elevated, although robust equities and positive US services sector data limited the metal's advance.
Hopes of a sellout 60,000 crowd for the July 19 western derby is under threat after the state government announced it is considering delaying the relaxation in COVID-19 restrictions.
Premier Mark McGowan has written to the prime minister urging the federal government to withdraw its support for Clive Palmer's Federal Court challenge against the state's border closures.
The state government and local farmers are pressing ahead with planning for a $30 million cotton gin in WA's north despite a recent PwC study finding Katherine in the Northern Territory was a better location.
The Australian share market has snapped its four-day winning streak, bypassed by broader gains in the Asia-Pacific region including a big rally in China.
Gage Roads Brewing Company is raising $5.2 million through an institutional placement, with the funds being used to strengthen its balance sheet and position the company for growth.
Auteco Minerals is set to ramp-up exploration activities at its flagship Pickle Crow gold project in Canada using funds raised from a $30.4 million share placement.
Torian Resources, Avenira and Element 25 have each launched capital raisings today, with the proceeds to go towards gold and manganese projects in Western Australia.
Strong demand for iron ore will ensure WA makes a solid recovery in the aftermath of COVID-19, according to new research from Deloitte Access Economics.
Qantas and Afterpay are partnering in a project that will allow Afterpay customers to earn Qantas Points on their purchases using the buy now, pay later platform.
Australia's recycling industry is on the brink of an overhaul as the federal government hopes to create more than 10,000 jobs through a $190 million fund.
Cinema and hotel operator Event says a majority of its cinemas in Australia and New Zealand have now reopened after being closed since March due to COVID-19 restrictions.
Shares have edged lower early on the Australian market after global markets closed weaker last week on concerns about continuing growth in COVID-19 cases in the US.
Oil fell below $US43 a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although crude was still headed for a weekly gain on lower supply and wider signs of economic recovery.
After commuting thousands, if not millions of kilometres from his home in Perth to Canberra since 2007, Finance Minister Mathias Cormann is calling it a day.
Gold developer Ora Banda Mining has launched a $55 million equity raising following the completion of a definitive feasibility study (DFS) at its flagship Davyhurst project in Western Australia's Eastern Goldfields.
Adbri subsidiary Cockburn Cement is expected to cut up to 50 jobs after Alcoa of Australia did not renew its contract to purchase about $70 million of lime each year.
In their weekly podcast Mark Pownall and Mark Beyer discuss residential property, Fini and Lisle, Perdaman, City of Perth, Cormann, the Ord River Irrigation area, and the Business of Local Government.
