Oil prices are lower but have pared losses, after data showing a build in US crude inventories was tempered somewhat by a drop in per cent crude production in December.
Gold prices have steadied after the previous session's more than one per cent fall following comments by the Federal Reserve's new chairman that fuelled views the US central bank would raise rates
The Australian share market's five-day winning streak has come to end as the possibility of accelerated interest rate hikes in the US again spooked investors, and market heavyweight Telstra traded
Local Government Minister David Templeman will suspend The City of Perth council on Friday and is now in the process of determining the method of suspension, with two options on the table.
Decmil Group has launched a major board restructure that includes the retirement of company founder Denis Criddle, as it posted an interim loss but pointed to strong revenue growth in the coming year.
South Korean steel giant POSCO has signed a long-term offtake agreement with ASX-listed lithium miner Pilbara Minerals and agreed to invest in its upcoming project in Western Australia.
Heavy equipment supplier Emeco Holdings has recorded its first period of net profit since 2013 as the company cited improving market conditions as a key driver of increased earnings.
Furniture and electronics retailer Harvey Norman's half-year net profit has slumped with franchisees' earnings falling amid a souring of the group's dairy investments.
Ronnie Nights is set to bring something different to Fremantle's main strip showcasing independent brews and wines in a setting with a distinctly local vibe.
Renewables, railways, and a pick-up in the resources sector are providing work for local environmental services businesses, which have become increasingly optimistic after taking a hit amid the slowdown in mining construction projects.
The Australian share market has slipped in early trade, taking the cue from a sell-off on Wall Street, as the Federal Reserve chair's hawkish comments revived worries about US interest rate hikes.
The Australian dollar is nearly half a per cent lower against its US counterpart after new Federal Reserve chair Jerome Powell's congressional testimony sends the greenback higher.
Oil has seen its first decline in five days, pressured by a firmer US dollar and expectations that upcoming weekly data will show an increase in US crude inventories.
A review of Western Australia's health sector has found an increased spend in preventive measures and an expansion of telehealth technology would be among several changes needed to ensure a sustainable system.
The receivers of Quintis have sought to retain full control of the sandalwood producer, appointing Primary Securities as an independent consultant and arguing that plans by growers to take control of some forestry schemes would be counterproductive.
Two local contractors have secured more than $70 million of work, with NRW Holdings locking in a $37 million contract at Rio Tinto's Marandoo mine in the Pilbara.
Labour hire and construction services company The Go2 People has secured a contract to become the exclusive registered builder for a holiday home project on Dirk Hartog Island, off the coast of Western Australia near Shark Bay.
Shipbuilder Austal reported a big jump in profit for the first half of the financial year, while it is still unsure of what its exact role will be in the upcoming $3 billion offshore patrol vessel build program.
UPDATED: Ausdrill's outgoing managing director Ron Sayers received $101.4 million overnight after selling his 10 per cent stake in the company he founded.
Subiaco-based RTG Mining has raised $US34 million as the company aims to secure an interest in the old Panguna copper-gold project in Bougainville, while Azure Minerals also announced a capital raising worth $8.2 million.
Mineral sands miner Iluka has lifted full-year revenue almost 40 per cent due to surging sales and higher prices for its products, but impairments have weighed on the bottom line.
