Oil prices settled higher overnight after the International Energy Agency (IEA) forecast lower global stockpiles in the second half of 2020, although worries remain that a second surge in coronavirus infections could occur in coming months.
Gold climbed to a three-week high overnight, propelled by safe-haven demand, as investors ditched riskier assets on concerns over long-drawn economic weakness and renewed US-China trade tensions.
Andrew and Nicola Forrest have rebranded their private company as Tattarang, with the change of name coming soon after several board and executive changes.
All school students in Western Australia are required to return to the classroom on Monday, with some exceptions. The state reported one new coronavirus infection overnight. There were 13 new COVID-19 cases reported nationally.
Private investment group Viburnum Funds has acquired a majority shareholding in Henderson-based Cranecorp Australia in a deal believed to be worth about $50 million.
Few businesses in Western Australia have felt the impact of the COVID-19 pandemic in the way that Brightwater Care Group has, with aged care being challenged like almost no other sector while other income streams for the organisation have been severely curtailed.
The number of homes being built in Western Australia has fallen by 25.2 per cent since coronavirus-related restrictions were implemented in late March, according to Housing Industry Association (WA), which has predicted the state will be the first to experience a homebuilding downturn.
Virgin Australia's administrators at Deloitte will have a better sense of which parties are interested in buying the beleaguered airline, when non-binding indicative offers are made tomorrow.
Chalice Gold Mines chairman Tim Goyder has sold 20 per cent of his shareholding in the company to accommodate strong demand for shares in this week's $30 million capital raising.
Gold explorer Middle Island Resources has received commitments to raise $4 million under a share placement, with the proceeds to fund continued drilling at the company's Sandstone project in Western Australia.
The number of Australians in employment have fallen by 594,300 people in April, with Western Australia recording 62,300 fewer people in full- or part-time work following coronavirus-related lockdowns.
NBN Co says it has connected 670,000 premises in the March quarter, with 11.2 million homes and businesses connected to the broadband network by March 31.
Graincorp has swung to a half-year profit of $388 million following the sale of its Australian Bulk Liquid Terminals business and demerger of United Malt.
Oil prices fell about 2 per cent overnight despite the first decline in US crude inventories since January, as the US Federal Reserve chairman stoked demand fears with a warning the economy would take many months to recover from the coronavirus pandemic.
Gold rose overnight after US Federal Reserve Chairman Jerome Powell pledged more stimulus measures, if required, to ease the economic blow from the novel coronavirus.
No new cases recorded in Western Australia overnight, Prime Minister Scott Morrison calls for investigation into COVID-19-linked disease, and The Department of Health announces drive-through vaccination clinic for over-65s.
Stirling Capital's Cirque Mount Pleasant and Armadale Fitness and Aquatic Centre by the City of Armadale were recognised at today's UDIA National Awards for Excellence 2020.
Osborne Park-based edtech company Schrole Group has successfully raised $5 million through a share placement and convertible notes ossie, with US-based Faria Education Group set to acquire a 20 per
The state government has unveiled reform packages designed to improve procurement processes and environmental approvals, with the latter seen as an important step towards a keenly awaited bilateral approvals plan with the federal government.
ASX-listed agribusiness Alterra has sold 913 hectares of its Dambadgee Springs property for $3.1 million to a local farmer, and will use the funds to support its avocado development projects and pay debts.
Australian Finance Group has announced a capital raising to strengthen its financial position ahead of an expected softening of the housing loan market and to support the growth of its subsidiary AFG Securities.
China has ignored Australia's attempts to discuss trade tensions over beef and barley imports, and state governments fear they could become the meat in the sandwich as the trade tangle heats up.
The state government has announced millions of dollars in grants for Western Australia's tourism businesses, ahead of a staged reopening of the state's regions and businesses in the coming weeks.
Consumer confidence received a much needed boost from last Friday's three-step plan from the national cabinet to lift coronavirus-related restrictions in the months ahead.
