Oil prices weakened overnight on worries about the global economy and as equity markets were on edge over the uncertain outlook for US interest rate cuts.
Gold inched lower overnight after comments from US Federal Reserve officials dampened hopes for additional monetary easing, although investors awaited further clarity from the central bank chief at the Jackson Hole symposium.
The state government has shortlisted two proponents to design and build the new Bayswater station, with early construction to commence later in the year.
OPINION: The state government's $1.6 billion plan to build railcars at Bellevue for the Metronet project represents a massive public sector investment in local manufacturing.
Australian school students are frequently overlooking vocational education in favour of going to university to the detriment of their future career prospects, according to a report from the Grattan Institute.
Shell is seeking to build its presence in the Australian power sector, launching a $617 million takeover bid for Australia's second-largest energy retailer that looks likely to be accepted.
Former deputy prime minister and Nationals leader Tim Fischer is being remembered as an "Australian original" and "one of the finest" after his death at the age of 73.
Perth company Shed Systems has been ordered to pay almost $77,000 in fines, compensation and costs after taking deposits from consumers for sheds but failing to supply them.
Mineral Resources managing director Chris Ellison's base salary will be reduced by $300,000, as the miner's full-year net profit after tax slumped 39 per cent to $165 million.
South32 has announced it is in talks to sell its struggling South African energy-coal business to Seriti Resources, but its Worsley alumina operations performed strongly.
Coles' full-year profit has slipped 9.1 per cent to $1.43 billion, despite an increase in supermarket comparable sales as it invested in supply chain improvements and restructured following its spin-off from Wesfarmers.
Qantas has announced another share buyback and raised its final dividend despite higher fuel costs and a weaker Aussie dollar pulling down its full-year profit by 17 per cent to $1.302 billion.
Oil futures steadied overnight after US government data showed a drawdown in domestic crude stocks but rises in refined product inventories, while lingering worries about the global economy weighed on the market.
Gold edged lower overnight as equities gained and investors awaited minutes from the US Federal Reserve's July meeting for clues on future interest rate cuts.
Crown Resorts' full-year profit has fallen 4.7 per cent to $368.6 million, with revenue from floor gaming down in Perth and reduced VIP revenue across Australia.
Seven Group Holdings has reported a 40 per cent surge in full-year underlying earnings but a $291 million write-down in the value of its media business, which hit its bottom line.
The Australian share market has given up most of its gains from Tuesday, as markets around the world turned skittish ahead of a key meeting of central bankers.
Emeco Holdings tripled its profit for the 2019 financial year, but its shares dropped 9 per cent today after it flagged flat earnings in the first half of this fiscal year.
The Australian Securities and Investments Commission has banned Perth businessman Max David Goldenberg from providing financial services and engaging in credit activities for a period of eight years.
Australia's big four banks could be reduced to one within a decade, in an extreme scenario, as Western countries follow moves in China towards the mass adoption of social media-based payment systems, according to a New York University professor visiting Perth.
Cobham Aviation Services said there was keen interest from potential buyers of the company, as it took delivery of its newest aircraft in Western Australia.
Business News has updated its listing of WA's biggest mining projects to reflect the downturn in lithium, the dearth of new gold mines and the increasing dominance of iron ore.
Technology Metals Australia has released the definitive feasibility study for its Gabanintha vanadium project, which revealed a longer-life operation than previously planned.
