Strong speculative demand has kept palladium near 16-year highs, though weak fundamentals are soon expected to take their toll on prices of the metal, which is used to make autocatalysts for petrol-fuelled cars.
Outgoing BHP Billiton chairman Jacques Nasser has been named a companion of the order of Australia, while Qantas boss Alan Joyce has also been honoured in the Queen's birthday honours.
Chief scientist Peter Klinken, oil and gas veteran David Agostini and public sector commissioner Mal Wauchope are among the 36 Western Australians to join the alumni of recipients of the Queen’s birthday honours.
Glencore bid faces hurdlesGlencore’s audacious $US2.55 billion ($3.4bn) bid to finally realise its long-held desire for Rio Tinto’s NSW coal assets will face a slew of
The Australian share market has ended slightly higher, buoyed by mining stocks, while the poor showing for the ruling Conservative Party in the UK election has given the Aussie dollar a boost against the pound.
Mark Pownall will become CEO at Business News from the start of the new financial year, replacing Charlie Gunningham, who has been at the helm for four years.
The big Aussie backs WA GST pushBHP has weighed into the GST debate, backing WA’s calls for an overhaul of the way the revenue is carved up between the States.
Oil prices have again fallen, with a sell-off continuing the day after data showed a surprise surge in US crude inventories, and Brent settled at its lowest since November 29, the eve of an OPEC production cut deal.
Gold prices have extended losses into a second session as the US dollar strengthened and as investors viewed the testimony from former US FBI director James Comey as containing no significant surprises.
The share market has closed slightly higher as strength in bank and healthcare stocks offset falls by energy companies, as investors wait on key political events overseas.
McGowan’s pokies plan to increase WA share of GSTWest Australian Premier Mark McGowan has boldly claimed he can achieve what his predecessor Colin Barnett failed to do
The Australian dollar has crept a little higher against its US counterpart amid falls in oil and iron ore prices and ahead of several key political and monetary events.
Oil prices have plunged five per cent to a one-month low, after an unexpected increase in US inventories of crude and petrol fanned fears that output cuts by major world oil producers have not done much to drain a global glut.
Gold prices have fallen from near seven-month highs on a stronger US dollar and after a written testimony by a former FBI director to the US Senate was seen as containing few surprises, but declines were limited as uncertainty from the UK election remained.
Better-than-expected economic growth has boosted the Australian dollar, while the share market was steady as gains by banks and healthcare companies offset falls by the supermarket giants.
The Australian share market has seesawed in a narrow range in early trade, with investors wary of taking positions ahead of local gross domestic product data and key international developments.
$15m Subi Pavilion discountVictorian Liberal Party heavyweight Andrew Abercrombie appears to have agreed to take a $15 million-plus hit on the sale of the landmark Pavi
Oil prices have edged up, finding technical support after sliding below $US47 a barrel on pressure from a diplomatic rift in the Middle East and sustained high crude inventories in the United States.
Gold has risen to the highest in seven months on a slump in the US dollar to a seven-month low and on safe-haven demand driven by a rift in the Middle East, an upcoming European Central Bank meeting and the British election.
The Reserve Bank of Australia has held its benchmark interest rate at 1.5 per cent as expected, while indicating it believes east coast housing markets may be starting to cool.
Business watchdog to probe Bankwest loansThe small business ombudsman has launched her own inquiry into the way thousands of Bankwest customers were allegedly treated i
Oil prices have fallen nearly one per cent on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production.
Gold prices have steadied after rising to a fresh six-week high as disappointing jobs data dims the prospects for aggressive US interest rate increases, even though it is unlikely to deter a rate rise at June's Federal Reserve policy meeting.
Australian shares have ended the week on a high note, posting their best day since March as strong overseas markets added a tailwind and traders bought back into banks and miners.
