The man tasked with overseeing the McGowan government’s flagship Metronet project, Anthony Kannis, has been promoted to director general of the Department of Planning, Lands and Heritage.
Border closures have cost the Australian economy billions of dollars with bosses having trouble finding suitable staff in the absence of skilled migrants.
The Reserve Bank of Australia says the economy has bounced back strongly from last year's Delta lockdowns and the signs indicate the effect from the Omicron variant on spending has been relatively small.
The Reserve Bank of Australia will give a broad view of its outlook for the economy and interest rates when it releases its quarterly statement on monetary policy.
Prime Minister Scott Morrison has backed Premier McGowan’s decision to delay WA’s border reopening but noted it was the Premier’s call on when he believes his health system is ready.
Scott Morrison wants to see the unemployment rate below four per cent in the second half of this year, but Employment Minister Stuart Robert says it could come sooner.
Australia's share market has had its worst month in almost two years as investors wait to see if the Reserve Bank will join peers in flagging higher rates this year.
BHP has knocked Commonwealth Bank off the ASX top spot as a scheme of arrangement unifying the miner’s UK and Australian corporate entities takes effect on the stock exchange.
Shares had their best day since October 2020 on the ASX and gave brief respite for investors fearing the Reserve Bank will join the rate rise movement of 2022.
Mining magnate Clive Palmer has taken to the airwaves to confirm he intends to file a new legal action against the state government, this time for $50 million in damages.
Big falls from WA companies have driven shares to plummet to their second-steepest fall of the year, while a higher than expected inflation reading added to fears of higher rates.
