The Australian dollar has fallen to a new four month low as the US dollar rallies against most major currencies after US Treasury bonds broke the three per cent mark.
Oil prices rose on Wednesday despite data showing rising US inventories, holding within sight of three-year highs reached the previous day on geopolitical tensions including the prospect of fresh sanctions on Iran.
Gold prices slumped to a five-week low on Wednesday as the US dollar jumped and US Treasury yields continued to rise on signs of US economic strength and an easing in the US-China trade conflict.
Collie could soon be home to a 20 megawatt solar farm and cryptocurrency 'mining' operation, after the Southern Development Assessment Panel recommended approval for a project led by energy entrepreneur Ben Tan.
The Australian share market gained ground as the Australian dollar hovered at a four-month low and inflation remained below the Reserve Bank's target range.
Japanese group Mitsui & Co has begun the compulsory acquisition process of Waitsia gas field operator AWE, after increasing its stake in the oil and gas company above the 90 per cent threshold last week.
Employment provider Programmed has signed on as the Western Force's first major sponsorship partner for 2018, ahead of the launch of the World Series Rugby competition next month.
The state government has appointed Francis Burt Chambers lawyer Tony Power to undertake a year-long inquiry into the City of Perth, after the council was suspended last month following a tumultuous period.
The bulk of Western Australia's population growth is occurring in Perth's outer suburbs, despite long-running efforts to encourage residential development in established inner suburbs, new data out today shows.
Perth's inflation rate was just 0.1 per cent in the March quarter, bringing the total increase in consumer prices in the past 12 months to just 0.9 per cent, well below the national inflation rate of 1.9 per cent.
The Australian share market has opened higher despite mixed leads from the US as optimism around global growth drives investors away from bonds and into shares.
The WA School of Mines should include new disciplines and postgraduate degrees to insulate it from the cyclical resources economy, and help it become a global leader in its field, according to three former students who are now industry leaders.
The Melbourne Hotel is hoping its $40 million makeover, which aims to strike a balance between old and new, will give it a competitive edge in the Perth market.
US stocks have seen little changed with gains in industrial and health care stocks offsetting the impact from falling oil prices, as investors kept an eye on rising US bond yields.
Oil prices rebounded from an early slide to finish higher and strengthen further in post-settlement trade, as investors feared US sanctions could dampen Iran's output.
The Australian dollar has fallen to its lowest level in over four months, dragged down by lower US stocks and metals prices, as well as higher US bond yields, which are supporting a higher US dollar.
Gold Road Resources has announced cost increases and schedule delays due to recent heavy rainfall at its half-owned Gruyere gold project near Laverton.
A solar power company founded by former Western Power manager Neil Danby and olympic basketballer Andrew Vlahov has picked up its first contract, winning $7 million of work for Image Resources' Boonanarring mineral sands project.
The Australian share market has ended Monday's session higher, ignoring soft Wall Street leads with investors finding value in the big mining companies and the nation's largest lenders.
West Perth-based Toro Energy has announced a shift in strategy as the uranium-focused company begins a gold exploration program at its Lake Maitland project near Wiluna.
The Murchison Widefield Array (MWA) has undergone a second round of developments, making the pioneering, Western-Australian based telescope 10 times more powerful in its effort to examine the origins of the universe.
A private syndicate of local investors led by Australian Development Capital has contracted to acquire a state government site in East Perth where it plans to develop a town centre with residential, retail, office accommodation and community space.
