Oil prices slipped about 1 per cent overnight after global coronavirus cases rose by a record daily amount, fanning fears of renewed government lockdowns, and on growing US and European tension with China.
Gold prices firmed above the key $US1,800 level overnight, as surging US coronavirus cases boosted hopes for more stimulus measures by the Federal Reserve to cushion the economic fallout from the pandemic.
One of Western Australia's largest gold mines has been forced to shut down after a safety incident involving one of Saracen Mineral Holdings' underground miners.
The national average shopping centre vacancy rate reached 5.1 per cent in June, up from 3.8 per cent in December, according to the latest figures from JLL.
The directors of Alto Metals have recommended shareholders vote against a takeover bid from Habrok Mining, saying the offer was opportunistic and undervalued the company.
An electrician based in North Perth has been ordered to pay more than $27,000 after having been found guilty of breaching WA's electricity licensing regulations.
CIMIC Group's mining services business has received a $2.5 billion contract extension with Jellinbah Group for work at the Lake Vermont coal mine in Queensland.
Australian shares have jumped nearly 1.5 per cent in early trade, with investor sentiment buoyed by a strong closing on the US markets last week on hopes of a coronavirus treatment.
Oil prices climbed more than 2 per cent on Friday after the International Energy Agency (IEA) bumped up its 2020 demand forecast but record-breaking new coronavirus cases in the United States tempered expectations for a fast recovery in fuel consumption.
Gold fell on Friday as gains in US equities trimmed flows into bullion, which was still on track for a fifth straight weekly gain after soaring to its highest level in nearly nine years last week on surging COVID-19 infections.
WA's population is projected to reach at least 3.6 million in the next half century, bringing the promise of new opportunities and looming challenges to the city's economically, culturally and geographically diverse exurban and outer-suburban communities.
For jurisdictions that rely on their entertainment precincts, retailers, and tourist attractions, representing the brand is part of engaging with investors and the business community.
While major projects have boosted some parts of the state, many regional councils face challenges, including economic diversification, unemployment and environmental sustainability.
Carol Adams' failed tilt at state politics during the 2008 state election may have worked out for the best from the perspective of the 40,000 or so residents in the City of Kwinana.
As unspectacular as the business of rates, roads and rubbish may seem, Australia's local governments are responsible for a range of vital services upon which our local communities rely.
In this podcast Sean Cowan, Matt Mckenzie and Katie McDonald discuss COVID-19 re-emerges, property & construction, Advanced Navigation, WA insolvencies, growth in corporate finance, Cormann, Alcoa, iron ore, and regional development.
