Business News

The corporate regulator is seeking to wind-up an alleged unregistered managed investment scheme run by Mt Hawthorn resident Chris Marco, who received about $240 million from 132 investors.

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There have been 33 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.

Graphite explorer Talga Resources has raised $6 million from an oversubscribed share purchase plan, in excess of the $3 million target announced last month.

The City of Stirling has streamlined the approvals processes and cut red tape for small businesses in the area, as part of the Small Business Friendly Approvals Project.

Malaga-based UON has announced Macquarie Bank as a strategic investor of the company, as it looks to bring new technology and solutions to Western Australia’s mining sector.

A fund managed by Primewest has sold a historic building and an adjoining eight-storey office tower in Brisbane’s CBD for $47.4 million.

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Industrial Relations Minister Bill Johnston has unveiled a raft of strategies to crack down on wage theft, while at the same time a national Fair Work sting at capital city hospitality hotspots revealed 75 per cent of businesses were breaking the law.

Aspire Mining  has made some changes to its board with the appointment of non-executive director Achit-Erdene Darambazar as managing director, executive chair David Paull tran

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Perth creative agency Rare has joined forces with one of the sector’s newest data and technology players, Omnicom Media Group’s Hearts & Science brand, to launch a media firm in Western Austral

Scott Morrison is reducing the number of federal government departments and sacking five senior bureaucrats in a major shake-up of the public service.

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Australia's GDP showed only a slight expansion in the last three months, while WA's state final demand fell by 0.2 per cent for the quarter - the second weakest performing state.

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Gold Road Resources and Gold Fields' $621 million Gruyere mine officially opened today, with Mines and Petroleum Minister Bill Johnston saying the project would create around 250 jobs over the next 12 years.

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Alita Resources has repaid $US32.5 million ($A47 million) to its major shareholder and creditor Galaxy Resources, which confirmed today it would not pursue its planned acquisition of the lithium mi

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Collapsed lithium miner Alita Resources has entered a binding $70 million loan agreement with China Hydrogen Energy, three months after the company went into administration.

Ruah Community Services has announced it will merge with Mental Health Law Centre, providing WA's disadvantaged population with increased access to legal and community services.

There have been 31 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.

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Dan Smetana will be retiring as non-executive director of Korab Resources at the start of next year. Mr  Smetana has been with the company since 2013.

Perth-based Perdaman Industries has entered into an agreement with the Murujuga Aboriginal Corporation as part of its plans to build Australia’s largest fertiliser manufacturing plant near Karratha.

The Australian Securities and Investments Commission has banned Peter Jianchao Xu from providing financial services for five years, after surveillance showed Mr Xu providing improper advice to clients.

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Illuminance Solutions and the University of Notre Dame have announced a joint initiative to improve digital literacy among Indigenous Australians, to be piloted at the university’s Broome campus in early 2020.

Evolution Mining has agreed to buy Canadian gold mining complex Red Lake from Newmont Goldcorp Corporation for $US375 million ($A553 million) in cash.

Lateral has announced that it will partner with WAITTA‘s The INCITE Awards next year, with the Perth-based hardware and software developer coming on board as a naming rights sponsor.