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.
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.
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.
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 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.
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.