Oil prices has settled higher on growing hope that OPEC might agree to extend production cuts long enough to reduce a global crude glut, but crude prices still posted a weekly decline.
Gold has closed higher as forecast-beating eurozone inflation data boosted the euro versus the US dollar, while global stock markets retreated from Wednesday's record highs on concerns about global trade.
Former company director Steve Noske has been sentenced today to 18 months' imprisonment and fined $20,000 after being found guilty early this month of insider trading in takeover target Westside Co
The Australian share market has eked out a tiny gain to close higher for a sixth straight session, despite a mixed performance in the heavyweight banking and mining sectors.
Mining services company Ausdrill has expanded its partnership with Hockey Australia, while AGL Energy has sponsored the West Coast Eagles as it seeks to lift its profile ahead of its planned entry to the Western Australian gas market.
In this Business News podcast, Dan Wilkie and Mark Beyer discuss big changes to the public service, property developers, opportunities in defence, a new Qantas service, and our annual review of mining projects.
The Town of Port Hedland has voted to support BHP Billiton's ambition to ship out an extra 5 million tonnes of iron ore a year from the port, as the mining giant pushes for a licence to ship 290mtpa by the 2019 financial year.
PHOTO ESSAY: About six weeks after the last grapes have been picked from the vines in the Margaret River region another bountiful harvest begins – the olive harvest.
Four Western Australian medical research organisations are aiming to boost collaboration after moving into the Ralph and Patricia Sarich Neuroscience Research Institute in Nedlands, which was officially opened this week.
Cameron McLaren has always known he was funny, but it took him 24 years and stints in mining, security and delivering pizzas to realise he could make a living out of it.
The state government has cut the number of its departments from 41 to 25, with a fifth of jobs in the Senior Executive Service – Western Australia's highest-paid bureaucrats – to go.
Budget debt will finance airport, railThe Turnbull government will help fund inland rail and is almost certain to build, own and operate the $6 billion second Sydney ai
The Australian dollar is down against its US counterpart, hitting a four-month low after US president Donald Trump again targeted the imports issue, before retracing some lost ground.
Crude prices are slightly lower after a volatile session, as the restart of two key Libyan oilfields and concerns about lacklustre petrol demand feed concern over whether major oil producers can alleviate the glut of global inventories.
Gold has resumed its downward slide from a five-month high in mid-April, giving up gains that came after US president Donald Trump announced unfunded tax cuts, while comments from European Central Bank president Mario Draghi weakened the euro.
Confidence in the economy over the coming 12 months by local small and medium businesses has jumped to its highest level since December 2010, with Western Australian SMEs more bullish than most others in Australia, a new report says.
Premier Mark McGowan has gently chided the mining and energy sector, saying it needs to lift support for local manufacturing, apprentice training and local employment.
The share market has posted a modest gain as strength in the heavyweight financial sector offset a slump in energy stocks as the federal government flagged potential restrictions on gas exports.
While innovation is a necessity in every business founder's toolkit, it seems cutting-edge technology is not always something that plays a critical role in their success.
The need for more funding and resources in WA's creative sector, and changes to student loans, could be compromising the state's ability to deliver the training needed to nurture emerging talent.
Perth explorer Orinoco Gold has announced plans to buy out its joint venture partners at the Cascavel mine for $US6.3 million in cash and shares, while both its managing director and chairman have tendered their resignation.
Major gas exporters on the east coast have promised to ensure higher domestic supplies, but the industry has slammed the federal government's new restrictions on gas exports.
Mount Gibson Iron will spend nearly $100 million on the redevelopment of its Koolan Island iron ore mine, with the company's board giving the green light to bring the operation out of care and maintenance.
