Oil prices have risen for a sixth day after Russia's oil minister said that global crude supplies were "not balanced yet," alleviating market concerns about a wind-down of the OPEC-led deal to reduce production.
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Oil prices have risen about one per cent to three-year highs, pushing the global Brent benchmark past $USUS70 a barrel, on further signs of tightening supply in the United States and expectations that OPEC's output cuts would underpin the market.
Melbourne-based fertiliser and explosives manufacturer Incitec Pivot has lost its second major Western Australian supply contract in two months, with iron ore miner Roy Hill to allow its purchase agreement to expire in February.
The Western Australian government has backflipped on a decision to scrap regional educational provider School of the Air along with the Gifted and Talented and Follow the Dream programs after a widespread community backlash.
UPDATED: Australian startups will now be able to raise capital via crowdfunding sources after the corporate watchdog today approved the first batch of licences allowing companies to act as intermediaries in the process.
The funeral industry in WA is increasingly dominated by a handful of big players, including two listed companies that hold more than 50 per cent of the market after buying some of the state’s oldest operators.
Queensland-based mineral sands explorer Diatreme Resources has signed contracts with a Chinese mining services company to conduct a definitive feasibility study and help source funding for its Cyclone zircon project in Western Australia's Eucla Basin.
The education, arts, accommodation and agriculture sectors were the state’s biggest job creators in the five years to November 2017, according to data recently released by the Australian Bureau of Statistics.