Perth's median house price fell by 1.1 per cent in January, contributing to a 5.6 per cent fall in the last 12 months according to the latest data from market analysts CoreLogic.
Lithium producer Altura Mining has entered a trading halt, with a plan to raise about $30 million for working capital, a day after it reported production at its Pilgangoora processing plant was improving.
Three local junior resources companies are undertaking capital raisings, with Sovereign Metals to raise up to $5.3 million, Global Energy Ventures up to $5 million, and Northern Minerals to raise $3 million.
Insurance broker Gallagher has recently completed two bolt-on acquisitions in Perth as the sector readies for a merger of two of the largest global players.
Having spent years working overseas in Europe and the UK, director and lighting designer Mark Howett is acutely aware of the need for art to appeal far beyond its own cultural base.
Healthscope has agreed to a $4.5 billion takeover by Canadian investment firm Brookfield, despite rival bidders suggesting they could increase their offer.
Wall Street has ascended, with the S&P 500 wrapping up its biggest monthly increase since 2015 after strong earnings from Facebook Inc added to optimism after the Federal Reserve's dovish remarks.
Gold prices were steady overnight, having earlier hit their highest in nine months after the US Federal Reserve kept interest rates steady and said it would be patient on further hikes, keeping bullion on track for a fourth-straight monthly gain.
Oil prices have risen for a third straight day as production cuts curbed supply from OPEC and its allies, and US monetary policy appeared to be more favourable.
A strong performance by the energy and mining sectors was not enough to save the Australian share market from being weighed down by troubled financials at the close.
The state government has used the launch of its battery industry strategy today to announce that one of the first initiatives will be to develop an investment attraction strategy for the sector.
Clean technology company Eden Innovations has announced it is planning to raise $9.8 million through a share placement and rights issue after running down its cash balance to $1.35 million at the end of December.
Online screening and verification company CV Check has generated a cash surplus of $200,000 for the December quarter, its first cash positive quarter since it was founded in 2004.
Big business has stepped up its campaign in favour of a constitutionally enshrined ‘voice' for indigenous Australians, with BHP Group chief executive Andrew Mackenzie using a speech in Perth this morning to endorse the proposal.
Fortescue Metals Group has recorded a 5 per cent rise in iron-ore shipments for the December quarter, as it positions itself to increase output of a new higher-grade product.
Australian shares are up at the start of trade, with the big miners and energy companies leading the way thanks to a continued rise in iron ore and oil prices.
Oil prices have risen after US government data showed signs of tightening supply and investors remained concerned about supply disruptions following US sanctions on Venezuela's oil industry.
Gold has inched lower but stayed close to its highest in more than eight months as the US dollar ticked up on better-than-expected US private-sector jobs data and investors waited to hear about the Federal Reserve's decision on monetary policy.
US stocks have surged after the Federal Reserve said it would be patient in lifting borrowing costs further this year, reassuring investors worried about a slowing economy.
The Supreme Court has this week dismissed two separate appeals, by manufacturer Best Bar Reinforcements and a Harvey Norman franchisee, finding both companies were liable for workplace incidents.
