The Australian dollar is slightly higher, as the US sharemarket bounces back from recent losses made of the US government's announcement that it will impose trade tariffs.
Gold prices dropped on Monday as a stronger US dollar outweighed the impact of uncertainty created by Italy's unclear election result and fears of a possible global trade war.
Former WA deputy premier Mal Bryce, who won accolades for championing the information and communication technology (ICT) sector and small business through political and commercial careers spanning more than 40 years, has passed away at the age of 75.
PODCAST: In this Business News podcast Mark Beyer and Katie McDonald discuss City of Perth, Cosco, Marketforce, Rio Tinto, Mangles Bay Marina and planning reform, and residential agents.
The state government has appointed three commissioners to take charge of the City of Perth, led by the retiring chair of the Western Australian Planning Commission Eric Lumsden, while also establishing a panel with powers of a Royal Commission to conduct an inquiry.
Australia's corporate watchdog has commenced legal proceedings against Rio Tinto and two former executives over its disastrous $US4 billion foray into Mozambique coal, 17 months after regulators in the UK and US took action on the same matter.
Australian shares closed sharply lower on Friday after fears of a trade war were sparked by US president Donald Trump's surprise announcement of tariffs on imports of steel and aluminium.
Former Fortescue Metals Group chief executive and well-known aviation enthusiast and commercial pilot, Nev Power, has been appointed as chairman of Perth Airport.
Coinciding with the launch of Cottesloe's 14th Sculpture by the Sea, Rio Tinto has awarded its prestigious $50,000 Sculpture Award to NSW artist Harrie Fasher, with two Western Australian artists also claiming prizes for their seaside works.
The Australian Competition and Consumer Commissionhas asked operators of six liquefied natural gas facilities in Western Australia and the Northern Territory to publicly disclose maintenance schedule information they share with each other.
The federal government has signed a $1.2 billion contract extension with a group of defence contractors for maintenance work on eight Anzac-class frigates for the next five years, with BAE Systems and CIMIC's UGL among the major beneficiaries.
Sustainability-driven land developments are taking shape across Western Australia, but only five projects have achieved the top six-leaf EnviroDevelopment certification.
Lithium Australia has secured an $18.2 million funding package from US institutional investor Arena Investors LP via a multi-tranche convertible note facility, with the proceeds to be spent on developing a lithium processing pilot plant.
The competition watchdog is taking Woolworths to the Federal Court, accusing it of labelling its disposable picnic products as biodegradable when they are not.
Finders Resources' largest shareholder, Eastern Field Developments, which is currently making a hostile takeover bid for the copper miner, has submitted an application to the Takeovers Panel requesting the company disclose details regarding its Wetar project and revise the independent expert report.
The Australian share market has started lower for the third straight session, as fresh weakness on Wall Street overnight relayed through to local stocks.
The Australian dollar has rebounded to take some of the ground lost against its US counterpart since the new Federal Reserve chairman Jerome Powell signalled there could be more US interest rate ri
Oil has slumped more than one per cent, touching two-week lows under pressure from a retreating stock market and worries about surging US crude output.
Gold prices have fallen about one per cent and hit two-month lows during the session, pressured as the dollar shot to a six-week high and investors braced for expected US interest rate hikes after
The state government has blocked a major residential project near Rockingham, following objections by local residents and environmentalists, with joint venturer Cedar Woods Properties saying this afternoon it was disappointed and would seek to recover its costs.
Talison Lithium has engaged MSP Engineering to conduct a feasibility study into another expansion at its Greenbushes project while a $320 million upgrade, set to double production, is already under way.
Global IT services company DXC Technology has bolstered its presence in Western Australia, buying local firm M-Power Solutions and consolidating its 300-plus staff in new premises in the CBD.
Melbourne-based explosives manufacturer Orica has secured supply contracts in the Pilbara with BHP Billiton and Roy Hill, but expects operational issues and write-downs to cut its first-half earnings by nearly $400 million.
The Australian share market has fallen for a second straight day as Wall Street tumbled and several influential stocks traded without the right to their latest dividends.
