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PODCAST: Mark Pownall and Mark Beyer discuss Perth’s luxury suburbs, crayfishing drama, tourism downturn, bumper grain harvest, Minderoo’s new CEO and our special report on the increasingly important and newsworthy aged care sector.

Vector acquires African gold project

Vector Resources has acquired a 60 per cent stake of the Adidi-Kanga gold project in the Democratic Republic of Congo, in a cash and scrip deal worth about $14 million.

Ichthys safe: regulator

The national petroleum industry regulator has responded to media reports that Inpex’s Icthys LNG operation is unsafe, saying it gave the all clear for gas to flow at the $US45 billion ($62 billion) facility.

Female CEO for WA Treasury Corp

The state government's trend of appointing female leaders to run key agencies has continued, with Kaylene Gulich appointed chief executive of the Western Australian Treasury Corporation today.

Uranium miners' shares soar on good news

Shares in uranium stocks Berkeley Energia and Eclipse Metals have risen sharply amidst positive news relating to the companies’ respective flagship projects.

WA graduate employment behind national uptake

Western Australian university graduates have a tougher time finding full-time employment than the national median, according to the 2018 Graduate Outcomes Survey by the Australian Department of Education and Training.

Black Friday boosts retail spend

Retail spending rose 0.4 per cent in November, beating market expectations, in a sign that Australians have well and truly embraced the Black Friday and Cyber Monday discount sales.

Asia stocks gain, focus on US-China talks

Asian stocks have inched upwards to one-month highs after US Federal Reserve Chairman Jerome Powell reiterated the US central bank can be patient on raising interest rates further.

Morning Headlines

WA workers face gas explosion risk

Oil eases after rally as trade hopes fade

Oil prices are slightly lower in see-saw trade, easing the day after a strong rally as investors were no longer encouraged by US-China trade talks and as weak Chinese economic data dampened risk appetite.

Gold dips as $US rise offsets Fed minutes

Gold has slipped, holding below $US1,300 an ounce as the dollar bounced up off lows as investors pared back bearish positions on the US currency.

Wall St rallies for fifth session

Wall Street has extended its rally into a fifth straight day in a session of whipsaw trading as investors responded to mixed comments by US Federal Reserve Chairman Jerome Powell, while a warning from Macy's pummelled retail stocks.

Longworth to lead Metalicity

Former Heron Resources boss Mathew Longworth will take the helm of mining hopeful Metalicity, as managing director Matt Gauci announced he will move on after more than six years in the role.

Rottnest attracts more visitors

The number of visitors to Rottnest Island grew by 15 per cent to 769,000 in 2018 as construction of the Discovery ‘glamping’ village approaches completion.

Property Council urges policy certainty for WA sector

The property industry is more confident in Western Australia than many other parts of the country, but some in the sector are warning that major policy changes could damage this outlook.

Aussie shares weighed down by BHP

The Australian share market has had a flat finish to the day, as a 3.4 per cent fall in BHP shares after market giant went ex-dividend, offset any gains elsewhere.

Aus Vanadium raises $6.2m

West Perth-based Australian Vanadium has raised nearly $6.2 million from the recent exercising of approximately 204.6 million options.

Crothers secures $31m of school work

Crothers Construction has won the main contract for works at Grandis Primary School, less than a month after it secured a $17 million contract to build the Byford South East Primary School.

Lycopodium wins $132m Perseus contract

Perseus Mining has awarded the engineering and supply contract at its Yaouré gold project, located in the West African country of Côte d’Ivoire, to fellow Perth-based company Lycopodium.

Tech firm ramps-up cost cutting

Family Zone Cyber Safety says it aims to break even by the end of the year, led by record sales, a restructure of board and senior executive pay, and staff reductions.

Giants keep ASX subdued despite oil surge

Early losses for market giants BHP and Commonwealth Bank have offset oil-driven gains for the Australian share market, which is flat at the open despite renewed global trade optimism.

Morning Headlines

Overhaul to boost super by $3.8bn

Oil surges on trade talk hopes, OPEC cuts

Oil prices have jumped more than four per cent as the extension of US-China talks raised hopes of easing trade tensions between the two superpowers, while OPEC-led crude output cuts also provided support.

Wall St extends rally, chipmakers rebound

Wall Street has rallied for a fourth session, propelled by Apple, chipmakers and other trade-sensitive stocks after signs of progress in trade talks between the United States and China.

Feds approve mine, waste storage in outback WA

Plans for a kaolin mine and low level nuclear waste storage facility in the Shire of Coolgardie have taken a step forward, after Sydney-based Tellus Holdings received approval from the federal environmental regulator for the project.

Strong growth for Perth’s luxury suburbs

Seven out of the 10 Perth suburbs to have achieved the largest median house price increase in 2018 have at least a 37 per cent higher sale price than the overall Perth median of $505,000, according to the latest Reiwa data.

Former NAB exec to lead Minderoo

Andrew and Nicola Forrest have recruited a former banking executive as the inaugural chief executive of their private company Minderoo, while also disclosing its total assets more than doubled last ye

Australian shares close at eight-week high

The Australian share market has closed at an eight-week high, thanks to growing optimism about the US-China trade negotiations and the continued surge in oil prices.

Balance wins solar EPC contract

Welshpool-based Balance Utility Solutions has been selected as the engineering and construction contractor for Terregra Renewables’ five-megawatt Mobilong solar farm, located north of Murray Bridge in South Australia.