Shares in Woolworths have risen after the supermarket chain unveiled strong first quarter food sales that continued to outpace the growth of rival Coles.
Australian stocks have made a positive start despite an overnight retreat on Wall St after news President Donald Trump's promised tax cuts may take longer to eventuate.
Brent oil has closed at its highest level since July 2015 and US crude has closed at a peak not seen since February on expectations OPEC-led production cuts would be extended beyond March, although such gains are likely to spur more US production.
Gold has risen ahead of a series of central bank meetings and US President Donald Trump's expected announcement of the next Federal Reserve chair, and amid a slightly weaker US dollar.
SPECIAL REPORT: The state government has rejected criticism of the cost and projected savings of its flagship medihotel healthcare policy, after work began on the construction of the first facility earlier this month.
Indigenous contracting group Eastern Guruma, which has contracts or joint ventures with the likes of Rio Tinto, Fortescue Metals Group, NRW Holdings and Carnegie Clean Energy, has been placed into administration.
SPECIAL REPORT: Big changes to the home services sector have boosted consumer control over choice, leading to a more competitive market as an increasing number of consumers want care kept at home.
Labor has met broad opposition to its call for independent reviews of all future trade deals, with Trade Minister Steve Ciobo saying there are already multiple checks in place and a key union vowing to campaign against to the opposition plan.
Shortlisted contractors for the widening of the Mitchell Freeway have been announced, with BMD Constructions, CPB Contractors and WBHO Infrastructure in the race for the $40 million contract.
The federal government has commissioned ACIL Allen and GHD to study the possible development of a pipeline from Western Australia to the eastern states, one of the critical elements of a possible national gas market.
A Perth cleaner has been hit with a near-record $306,000 fine for failing to pay young overseas workers in an industry fast gaining a reputation for underpayment.
Sino Gas and Energy has moved closer to supplying the booming Chinese domestic gas market from its two fields in the Ordos basin after securing $US100 million in funding fr
Gold prices have edged higher, reversing earlier losses after the Catalonian parliament's independence declaration from Spain led investors to seek safety from political upheaval.
Oil prices have jumped about two per cent, with global benchmark Brent crude rising above $US60 per barrel, on support among the world's top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks.
The share market has fallen on fears the Turnbull government could lose its one-seat majority following the High Court's ruling disqualifying Barnaby Joyce from parliament because of his dual-citizenship.
Fortescue Metals Group, Iluka Resources and Rio Tinto are among the five overall category winners in the 2017 state government's Awards for Excellence.
Ausdrill's long-serving chairman, Terry O'Connor, has announced he is handing over the reins to his deputy Ian Cochrane later this year, putting to rest a 24-year career with the mining services business.
Andrew Forrest has detailed how he plans to build "the most popular rugby competition in the world", with the mining billionaire hoping to obtain approval from both World Rugby and the Australian Rugby Union in the next three weeks.
In this Business News podcast Mark Pownall, Matt Mckenzie and Tori Wilson discuss house prices, Tianqi, the sale of Henderson-based Silver Yacht, the latest in the Perth lord mayor saga, recent women in business awards, and health care.
Prime Minister Malcolm Turnbull said his government would have the numbers to vote down a no-confidence motion in the House of Representatives, as the seat of New England heads to a by-election after a High Court ruling that Barnaby Joyce had been ineligible for election.
Perth-based Altech Chemicals has received firm commitments for a $17 million capital raising to fund ongoing development of its high-purity alumina plant in Malaysia.
