The Australian share market has opened flat, with investors in a cautious mood after a sharp decline in the previous session and ahead of local and international data this week.
Rio backs GST fightMining behemoth Rio Tinto has added its clout to growing calls for the Federal Government to overhaul the broken GST distribution system, saying the
Gold has eased and remains on track for its first monthly loss this year, as indications by leading central banks that the era of easy money may be coming to a close pushed bond yields higher, hurting the non-interest bearing metal.
The Australian dollar is slightly higher against its US counterpart which has steadied after a series of falls, amid another lift in oil prices and steady iron ore prices.
Oil has climbed for a seventh straight session as a decrease in the US rig count and stronger demand data from China lifted depressed prices that still finished the first half with the biggest decline for that period since 1998.
Proving its ongoing ability to deliver across traditional formats and new media, Business News has again been recognised with multiple awards at the annual Alliance of Area Business Publishers in the US city of Dallas.
The Australian share market has opened sharply lower, after an overnight decline on Wall Street and some profit taking on the last day of the financial year.
Treasurer backs WA on GST but not parochialTreasurer Scott Morrison says he has “great sympathy” for WA’s concerns over its share of the GST but has warned any change t
The Australian dollar has continued to climber against its US counterpart, which has fallen for a second straight day, thanks to the rebounding iron ore price.
Oil futures have ended slightly higher, extending crude's rally to a sixth straight session after a decline in weekly US crude production temporarily eased concerns about deepening oversupply.
Gold prices have fallen as signs that central banks may scale back their ultra-loose monetary policy pushed bond yields higher on both sides of the Atlantic, though a decline in the US dollar to its lows for the year lent support.
Monadelphous Group has hosed down speculation that it is eyeing a $300 million acquisition of a civil engineering company, but the rumours have fuelled investor interest.
The Australian share market has opened sharply higher, mimicking an overnight climb on Wall Street where the S&P 500 had its best one-day percentage gain in about two months.
GST proposals for $10b gainThe WA Budget would be up to $10 billion better off under a series of audacious proposals from the McGowan Government to overhaul the entire
Oil futures have climbed more than 1 per cent to their highest in more than a week as buyers were encouraged by a small weekly decrease in US production and shrugged off a surprise build in crude inventories in the world's top oil consumer.
Gold prices have risen as the US dollar has weakened for a second straight day following a global cyber attack and a delay to US healthcare legislation that fuelled doubts about President Donald Trump's ability to pass measures expected to boost the economy.
A manager at a roofing company has been fined $7,500 plus costs of $517 after a labourer suffered multiple fractures in a five-metre fall through a skylight in Perth.
Chamber of Commerce and Industry of WA chief executive Deidre Willmott has been chosen to join the board of Australia Post, following the recruitment of Blackmores boss Christine Holgate as CEO yesterday.
Demand for PM to purge frontbenchMalcolm Turnbull must put more conservatives in the cabinet and demote Christopher Pyne if he wants to hang on to his leadership and pr
Oil prices have risen nearly 2 per cent and hit a one-week high, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States may decline for a third consecutive week.
Gold has risen after hitting a six-week low in the previous session as bargain hunting set in and the US dollar slid sharply after the US Senate postponed a planned healthcare vote.
Blackmores has confirmed the departure of chief executive Christine Holgate to Australia Post, and has drafted in former head Marcus Blackmore to temporarily fill the gap.
Palmer row pushes Citic to eye closureChinese conglomerate Citic will shut its $12 billion Sino Iron project by the end of the year, putting about 2600 jobs at risk, un