The Australian sharemarket is one per cent higher after an upbeat assessment of the American economy by the US central bank and a bounce in oil prices.
The Dow has jumped nearly 300 points after the US Federal Reserve made no changes to its monetary policy, saying it can remain "patient" before moving to raise interest rates.
Gold prices have shuffled between gains and losses in electronic trading, after the Federal Reserve made few changes to its statement at the end of its monetary policy meeting.
Sirius Resources has secured $440 million to fund the development of its Nova nickel mine, coinciding with it receiving mining approval from the Department of Mines and Petroleum.
There will be no exploration access to Western Australia's famed Pinnacles and its surrounding deserts after a request by Norwest Energy to amend its permit.
Vocus Communications has been successful in its bid to take over Amcom Telecommunications with the pair agreeing to a deal valuing Amcom at $652.7 million.
Embattled Boart Longyear says a recovery in demand for its drilling services could be more than a year away, as it secured the final piece of a $US342 million bailout plan.
Local engineering and construction business Valmec will purchase the Australian subsidiary of US oil and gas services giant Exterran, funding the purchase through cash reserves and additional debt.
Engine technology developer Orbital Corporation plans to raise $10 million via a convertible note issue to fund its acquisition of electrical product manufacturer REMSAFE.
The federal government will not make changes to the GST this term despite a recommendation from an independent economic body, Finance Minister Mathias Cormann has indicated.
Kerman Contracting has continued its run of success this year, securing a contract to develop new infrastructure at Rio Tinto's Pilbara iron ore operations and in the process lifting its work in hand to $290 million.
Southern Cross Electrical Engineering is the latest WA based company to commence an on-market share buy-back, as the trend towards returning capital to the market continues.
The state government will invest an additional $591 million to deliver the Perth Freight Link, including the Roe 8 extension, by 2019, with a plan to fund the investment through the first heavy vehicle user charge in the Perth metropolitan area.
Community interest in the controversial practice of fracking has prompted Western Australia's environmental watchdog to issue advice on how it will assess shale and tight gas proposals.
Perth-based residential rentals-dedicated website rent.com.au is going public, unveiling a $10 million-plus plan to list on the Australian Securities Exchange via a backdoor listing through Select
Forecasting firm BIS Shrapnel has tipped the Perth office vacancy rate to peak at 23 per cent by 2018, a figure significantly higher than the expectations of the city's leading commercial property agents.
Construction giant Leighton is handing over a 50 per cent share in its services operations to a US investment firm in a deal valuing the business at $1.075 billion.
Boart Longyear is asking investors to support a $400 million bailout package for the troubled mining services company after calling a special shareholder meeting.
