The Australian dollar is hardly changed against its US counterpart which again fell in the offshore session as traders braced for the resumption of deliberations on the US tax plan and the confirmation hearing for Federal Reserve governor Jerome Powell as the central bank's next chair.
Oil prices have fallen one per cent with US crude easing from two-year highs on prospects of higher supply, and uncertainty about Russia's resolve to join in extending output cuts ahead of this week's OPEC meeting.
Gold prices have lifted, buoyed by a weaker US dollar, as investors look ahead to congressional testimony by the nominee to chair the US Federal Reserve and a meeting between US president Donald Trump and Senate Republicans on tax reform.
Two of the state's major agribusiness operators have announced a phased merger, with Craig Mostyn Group moving to full ownership and control of V&V Walsh over the next five years.
Brisbane-based Firstmac Holdings said today it would not extend its cash takeover offer for Goldfields Money, which has recommended shareholders support an alternative scrip-based merger with mortgage aggregator Finsure.
Shares in Azure Minerals have risen more than 20 per cent after the miner announced high-grade gold and cobalt discoveries at its Sara Alicia project in Mexico.
Shares in Downer EDI have jumped after the engineering group lifted its full-year profit because of larger-than-expected cost savings uncovered following its purchase of Spotless.
Perth-based mining conglomerate South32 has flagged a potential sell-down and listing of its South African energy coal business after announcing today a $US301 million ($A395 million) investment in the division.
TransAlta officially opened its new 150-megawatt combined cycle natural gas power station in South Hedland today, with Horizon Power as its sole foundation customer after Fortescue Metals Group backed out of an offtake agreement.
Proceeds raised during last weekend's Mining Emergency Response Competition Mining Emergency Response Competition in Perth have gone towards an emergency responder wellness app developed by support services provider Holyoake.
Telstra shares have sunk after NBN Co said it would temporarily suspend the National Broadband Network rollout to work on improving the quality of the service.
SPECIAL REPORT: The Catalano family has delivered continuity of ownership of its seafood business across three generations, but has implemented several strategic shifts along the way.
MMA Offshore has postponed its annual meeting after a complaint from major shareholder Halom Investments to the Takeovers Panel regarding a $97 million capital raising.
SPECIAL REPORT: Family business AT Brine & Sons has played a prominent role in shaping Perth since 1894, constructing some of the city's most notable buildings.
Tap Oil has submitted an application to the Takeovers Panel requesting the disclosure of details surrounding major shareholders Risco Energy Investments and Chatchai Yenbamroong, and for the pair to be restrained from voting at the company's annual meeting.
Australian shares have started the week ignoring a positive lead from Wall Street and its fresh record highs, with local indexes unsettled and swinging in and out of positive territory at the opening of trade.
The Australian dollar is unchanged against its US counterpart, which was fallen to a two-month low as investors grow optimistic about the strength of the euro zone's recovery and lose their appetite for the greenback.
US oil prices have hit their highest levels in more than two years on Friday after the continued shutdown of a pipeline running from Canada to the United States was expected to reduce supply into a major storage facility.
Gold prices have dipped as some investors lock in profits at the end of the week, and risk appetite strengthened, but expectations hovered that gold prices could move higher next week.
It was a big weekend on the national stage for Western Australia's building sector, with several of the state's top names recognised at the Master Builders Australia National Excellence in Building and Construction awards, held in Hobart.
Chinese group CITIC is evaluating its options after the Supreme Court ruled on Friday that it owed Clive Palmer nearly $US150 million in royalties on its Sino Iron project in the Pilbara.
In this Business News podcast Mark Beyer and Mark Pownall discuss shipbuilding, Landcorp/MRA merger, Margaret River Gourmet Escape, AHG, Sirona Capital and WA dynasties.
Site works have commenced today at The Amble Estate in Girrawheen, where the Department of Communities, Yolk Property Group and Ventura Home Group have partnered to develop 4.2 hectares of underutilised land into an affordable residential community.
Westpac Bank has absorbed the Western Australian business banking operations of its wholly-owned subsidiary St George Bank, adding to a string of changes in the sector.
Environment Minister Stephen Dawson has endorsed the environmental watchdog's rejection of Mineral Resources' Jackson 5 and Bungalbin East iron ore project, however, the government is yet to make a final decision on the proposal.
The state government has signed an agreement with the mining industry to ensure social and economic benefits to the Pilbara community with a focus on pathways to employment.
