Australian stocks are higher after US Federal Reserve chairman Ben Bernanke indicated stimulus measures would remain in place for the forseeable future.
An unusual bid to produce milk powder using energy generated from coal could see Western Australia export 30,000 tonnes of milk to growing dairy markets in Asia.
US stocks ended mixed on Wednesday after the minutes of the Federal Reserve's last policy meeting suggested it could end its QE stimulus program by the end of the year.
A Perth-based technology group says it has solved the riddle of providing satellite communications in Western Australia's most remote areas by creating a mobile platform rugged enough to get there.
Australia has enjoyed a mining boom thanks to the Asian Century but is badly trailing the competition when it comes to feeding the region, says Nufarm chairman Donald McGauchie.
Nickel miner Panoramic Resources has exceeded its production guidance for the 2013 financial year, on the back of an 18 per cent rise in output in the June quarter.
Perth logistics company Centurion has won a 10-year contract thought to be worth several hundred million dollars to handle the freight needs of mining giant Rio Tinto across Western Australia.
The Australian dollar is weaker as traders overlook the International Monetary Fund's forecast that Australia's biggest trading partner China faces a prolonged growth slowdown.
US stocks have closed solidly higher for the fourth straight day as investors ignored the International Monetary Fund's lowered growth forecasts for the US and global economies.
Gold and iron ore are the newsmakers in Western Australia's mining industry but nickel could be the troublemaker, with most nickel mines now operating at a loss, potentially triggering another roun
Prominent company director Ian Middlemas has been given the all-clear to chair the board of Aviva Corporation, after receiving the support of a majority of shareholders at a general meeting today.
Australian shares shot up in what market watchers hope is a sign investors are over their jitters caused by the US flagging a cut to its stimulus program.
