Gold has risen to its highest in nearly 10 months after US jobs growth slowed more than expected in August, but pared gains when investors judged that the figures were unlikely to change the outlook for US interest rate rises.
WA Libs press for fiscal secessionThe West Australian Liberal Party will explore what it would take to make the state financially independent from the rest of Australia
The Australian dollar is higher against its US counterpart which itself has lifted against a basket of currencies despite disappointing key US jobs figures.
The Australian share market has closed slightly higher on Friday after strong gains on Thursday, with heavyweight Commonwealth Bank weighing on the index and blood products and vaccines giant CSL providing some lift.
Australian shares have opened higher, boosted by a strong overnight lead from Wall Street, with the local market currently on track to recover the week's losses.
GST increase key for new political partyOne of Perth’s top businessmen has revealed WA business leaders are behind a political party that is being set up to fight for a
Petrol futures have surged more than 13 per cent, and crude oil has settled nearly 3 per cent higher, as almost a quarter of US refining capacity remained offline and traders scrambled to reroute millions of barrels of fuel.
Gold has steadied, as a stronger US dollar pushed the metal off Tuesday's nine-and-a-half-month high, but the precious metal remains above $US1,300 on renewed tensions between Washington and North Korea.
GST sparks WA secession pushFury over Western Australia’s low share of the GST has sparked renewed secessionist sentiment, with a controversial “Waxit” motion to be deb
Petrol futures have surged to a two-year high while crude oil was down, as flooding and damage from Tropical Storm Harvey shut nearly a quarter of US refinery capacity, curbing demand for crude while raising the risk of fuel shortages.
Telstra's plan to pay down debt and create new shareholder returns by monetising the receipts from the national broadband network has been rejected by the rollout company.
The Australian share market has bounced back from its previous sessions' 10-week low and opened higher with investor nerves cooling after North Korea fired a missile over Japan.
The Australian dollar is a little higher against its US counterpart which rebounded as markets reversed their risk averse response to North Korea's missile firing over Japan..
Academic union rules wound backMurdoch University has successfully axed historical union restrictions on redundancies and workplace change in a groundbreaking Fair Work
US petrol futures have jumped four per cent while crude prices are mixed after a hurricane shut down 16 per cent of the country's refining capacity, curbing fuel production and further bloating crude inventories.
Gold has jumped to its highest since November, extending the prior day's rally above $US1,300 per ounce as investors bought bullion as insurance against falling prices of other assets after North Korea tested a ballistic missile over Japan.
The Australian share market has slumped to a 10-week low after North Korea fired a missile over Japan, escalating tensions on the Korean peninsula and spooking Asian markets.
Engineering and mining contractor Downer says its acquisition of facilities management provider Spotless and new rail infrastructure projects will drive the company's growth.
The Australian market has opened sharply lower after Wall Street closed little changed but with energy and bank stocks dented as Tropical Storm Harvey crippled the US energy hub in Texas.
Gold has rallied to a 9-1/2-month high, breaching $US1,300 per ounce as the dollar fell and the euro rose after the head of the European Central Bank (ECB) said that the euro zone's economic recovery had taken hold at a meeting of central bankers.
Property prices ‘still too high’Housing Minister Peter Tinley will today outline how lower income earners are continuing to be priced out of the Perth property market d
The Australian dollar has surged against its US counterpart which has fallen further with Federal Reserve chair Janet Yellen's making no mention of monetary policy at or since the Jackson Hole central bankers meeting.
US crude oil futures has fallen as Tropical Storm Harvey has kept hammering the US Gulf Coast, knocking out several refineries, which backed up crude supplies and disrupted fuel production.
The Australian share market has ended the day down, with a rise in global oil prices leading the energy sector higher but unable to offset broad-based losses.
