Fraser Beattie

The Perth-based distributor of the Thermomix kitchen appliances in Australia is being taken to court by the consumer watchdog for allegedly misleading customers when the products were found to be dangerously faulty.

Brazil-focused gold explorer Crusader Resources has recommended shareholders accept an all-scrip takeover offer from AIM-listed Stratex International, that values the target at $54 million.

The corporate watchdog has removed another Perth-based financial adviser from the industry, for mishandling payments and deceiving clients.

The chief executive of medical cannabis company AusCann Group Holdings has received a boost to her salary package, which will net her about $360,000 in cash for FY17.

Pilbara Minerals has announced another capital raising, this time by way of a placement and share purchase plan, to fund development of its Pilgangoora lithium project.

A joint venture between Civmec and Amec Foster Wheeler has been formally awarded a $298 million engineering, procurement and construction contract for Gold Road Resources’ Gruyere gold project.

Clive Palmer has dismissed the gathering of CITIC Pacific Mining employees outside the Supreme Court of Western Australia this morning, ahead of the start of the trial between his private company Mineralogy and Citic over royalties, as a ‘Chinese tactic’.

Edith Cowan University is one of two universities that will share in $1.9 million in federal funding to boost its cyber security program.

Monadelphous Group has won a contract to complete cryogenic tanks at the Ichthys LNG project in Darwin – the same job that Laing O’Rourke walked away from in March.

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.

Tribune Resources and Rand Mining will empty their cash reserves to pay out inaugural dividends to their shareholders, with their shared managing director to reap $3.1 million.

Nickel miner Western Areas has announced plans to sell its stake in an ilmenite-copper-nickel explorer which is dual-listed on the AIM and FSE markets for up to $27.5 million.

Woodside Petroleum says its joint venture partner at the SNE oilfield offshore Senegal, FAR, has declined to support a transition for the energy giant to eventually take over as operator of the operation.

Local gold explorers Anova Metals and Exterra Resources have entered into a merger agreement, with Anova to wholly acquire Exterra in an all-scrip deal worth $21.3 million.

A third party has made a play to acquire private company Bombora Natural Energy, after Zeta Petroleum backed out of its takeover plans with the target yesterday.

A week after the Federal Court ordered a wind-up of Macro Group, the corporate watchdog has sought the same action for a number of special purpose companies connected with the failed Pilbara-based property developer.

Deloitte Access Economics has foreshadowed a bleaker outlook for the state’s economy in the coming year than that predicted by the WA Department of Treasury in December.

New car sales in Western Australia grew on a monthly basis for the first time in four years in May, but the upswing still falls well short of the slide in sales for the year to date.

Plans to widen a section of Guildford Road have been scrapped by the state government, following a recommendation by the Western Australian Planning Commission.

Ian Trahar has taken a larger stake in his listed agribusiness Seafarms Group while the Perth business taps investors for $10 million.

Mining work at the Kundana gold operation will be done in-house from next month, after majority owner Northern Star Resources ended a $275 million contract with Barminco two years early.

Australia’s capital cities experienced a cooling of housing market conditions last month, with Perth unable to shake the downward trend.

The competition watchdog has taken aim at WA-focused car wash franchisor Geowash for allegedly awarding unlawful commission payments and making misleading claims about profitability.

CTI Logistics chairman David Watson has sold down his shareholding for the first time since he founded the business in 1972, with Forager Funds Management acquiring some of his shares and investing further funds to become a substantial shareholder.

Global ratings agency S&P has cut its credit rating for Quintis for the second time this month and kept the troubled Indian sandalwood producer on credit watch with negative implications, suggesting another downgrade is possible.

The premier has committed $35 million towards the next two stages of the Albany Ring Road heavy haulage route, but will call on the federal government for the balance of the project’s $172 million cost.

The lobby group representing Australia’s big businesses has called on the sector to sign up to its new voluntary payment term code in a bid to stave off regulatory changes.

Five local companies will share in a combined $92 million worth of contracts awarded by the state government, with the majority of the work comprising school construction jobs.

An improved iron ore price delivered huge boosts for mining magnates Gina Rinehart and Andrew Forrest, who were two of the three Western Australians to feature in the top 10 on the nation's best known rich list.

Programmed Maintenance Services has announced it has sold half of its marine services business to a Netherlands-headquartered company, on the same day it revealed a return to the black with a full-year net profit of $12.3 million.

An infrastructure delivery company that had carried out work on the NBN rollout in Perth has collapsed.

Troubled sandalwood producer Quintis has extended its ASX suspension by a week to review its operations and update its earnings guidance.