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Morning Headlines

All eyes on Chinese iron ore buying as price flies

Nasdaq up, earnings offset trade fears

The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering scepticism over the United States and China reaching a trade deal before the March 1 deadline.

Oil price ends week down on slowdown fears

Oil futures edged higher on Friday but ended the week with a loss on renewed concerns about slowing global demand and after the US dollar posted its best week in six months.

Gold gains on global growth concerns

Gold rose on Friday as a gloomy global economic outlook dented risk appetite, but a firm US dollar stemmed bullion's advance and kept the metal on track for its first weekly decline in three.

Mark my words podcast

PODCAST: Mark Pownall and Mark Beyer discuss the banking royal commission fallout, private schools, Graham Griffiths' passing, export data, office vacancies, Architectus and our 25th anniversary event

ASX lower as energy, mining shares fall

Australian shares have finished the week on a down note, with energy and mining sectors dragging the local bourse.

Graham Griffiths passes away

Perth’s business community was shocked today by the sudden passing of Graham Griffiths, who was chairman of five technology companies and had been a mentor to many people in the tech sector.

Government compromises on rock lobster plan

The state government and the Western Rock Lobster Council have reached a comprise on the future of the industry, with the annual catch to increase by just 315 tonnes. However, details of how this will be delivered to the local market have not yet been worked out.

Kimberley art pays off for artists, Rio

The curators and sponsors of the Desert River Sea: Portraits of the Kimberley exhibition at the Art Gallery of WA are hopeful the more than 150 pieces on display will challenge and broaden the public’s perception of Aboriginal art.

Make your sales pitch all about them

OPINION: Are your sales presentations centred on achieving the best outcome for your client?

Avoiding a return to the branch economy

OPINION: We need to do more to keep decision makers and their expertise in the state.

Action plan for StudyPerth

Three months after announcing a new education strategy, StudyPerth has launched its action plan, outlining a range of ideas to attract and retain international students.

Aussie plunges again as RBA cuts forecasts

The Reserve Bank of Australia has revised down its economic forecasts as expected, but the Australian dollar has plunged again after the central bank surprised the market with the scale of its revisions.

Pilbara Ports posts exports decrease, despite single-tide record

Pilbara Ports Authority has recorded a slight decrease in throughput for the month of January compared with same month a year prior, despite the Port of Port Hedland achieving a single-tide record tonnage in the month.

Wood to chair South32

South32 has elected Karen Wood as the next chair of its board of directors, replacing current chairman David Crawford, who will retire on April 12.

Tech scene: ImpactHD

ImpactHD is an app which aims to provide a sustainable and scalable healthcare solution for individuals with Huntington’s disease (HD), which is currently incurable.

Luxe into liquidiation

Perth-based chauffeur company Luxe Charters has gone into liquidation.

ASX opens lower after Wall Street dips

Australian shares have opened lower, with mining and energy stocks dragging the index down after a negative lead from Wall Street overnight.

Morning Headlines

Inpex has win in floating hotel case

Oil falls as US crude inventories climb

Oil fell more than 2 per cent overnight as the market confronted concerns that global demand growth would lag in the coming year.

Gold climbs on US-China trade fears

Gold prices rose overnight on concerns that the US-China trade war may stretch beyond a March 1 deal deadline and the potential effect it could have on global growth, although gains were capped by a strengthening US dollar.

Wall St slides on US-China trade fears

Wall Street stocks have sunk as worries that the United States and China would not be able to reach a trade deal increased concerns about slowing global economic growth.

Julie Bishop declares intention to run for Curtin

Former foreign minister Julie Bishop says she intends to stand for her seat again at the coming election and has given her backing to Prime Minister Scott Morrison.

ASX surges as Aussie dollar tumbles

Australian shares have enjoyed their fourth straight day of gains as the local currency slides further against the US dollar.

AGL increases WA customers by 57%

AGL Energy has continued its growth in the Western Australian gas market, revealing it had approximately 33,000 customers by the end of 2018, a rise of 12,000 from six months prior.

Female funding initiatives are changing the game

Female-led investment initiatives are building momentum from the ground up, and there’s plenty of opportunity in WA.

Evolving the offering a priority for Perth publican

With the recent acquisitions of The Breakwater and the Newport, Perth-based hospitality group Capitol Corp is continuing to diversify its offering.

Tempo shares slump 20% on 2018 results

Shares in Tempo Australia have closed the day’s trade at 10 cents each, a fall of 20 per cent, after the contractor announced it was $4.5 million in the red for the year to December.

Altura directors to fund majority of $28m raising

Altura Mining has announced details of a capital raising to fund its Altura lithium project in the Pilbara, with company directors contributing $15.46 million towards the financing package.

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