HAVING been given the green light by the State Government, Rio Tinto’s $400 million HIsmelt pig iron plant is expected to generate a raft of opportunities for new industries.
PERTH debt collection business Repcol Limited looks set to hit the board on May 21, after closing its $14 million initial public offer oversubscribed earlier this week.
PEOPLE setting up DIY super funds need to plan 30 or more years ahead to ensure the fund can deal with their changing lives, according to Perpetual Private Clients’ Steve Davis.
WHILE playing host to some of the world’s best innovators, WA businesses are failing to financially back key projects leading some firms to seek venture capital overseas.
THE Federal Government has responded to concerns about the safety of superannuation in a policy statement, Options for Improving Safety in Superannuation.
DRINKING red wine and eating finger food with industry peers is more effective in attracting work then either adverting or providing cheap rates, according to a survey of Perth senior management and executives.
AUSTRALIA’S top companies are using poor financial risk management practices and have a dangerously heavy exposure to bad debts and late payments, according to a new survey of the nation’s top 500 companies.
SHAREHOLDERS may have put beyond question their expectations of the role and responsibilities of company directors, but what of the directors of joint-venture companies.
WA’S latest public offering may be a decades-old company and the State’s largest remaining home-grown debt collection agency, but investors in Repcol will be financing a new, largely untested business model with all
SHARP cutbacks in government funding combined with a drop in income from retail tenants in the Church-owned Wesley Centre has been a big wake-up call for Perth Wesley Mission.
HEADING into its second State Budget next month, the WA Government has been put on notice that businesses are unhappy with onerous taxes, let alone plans to increase them.
A STRONG rebound in international shares in March was not sufficient to offset a subdued Australian market, with local funds under management declining slightly.
THINGS appear anything but peaceful at Hallmark Consolidated. Former chairman Alan van Noort was rolled as a director when he failed to get the numbers in a general meeting held last week behind closed doors.
BARTERCARD South managing director Rod Brown has entered into a joint venture deal with eastern states insurer Reward Insurance in an attempt to secure business left behind following the withdrawal of Dexta Corporation from the market.
IT has been a tumultuous few years for the proponents of managed investment schemes, with some tax-effective products becoming outcasts as industry players try to distance themselves from a spate of bad publicity.
ACCOUNTANTS want a foot in the door of the lucrative new industry emerging around triple bottom line reporting, according to Institute of Chartered Account-ants in Australia national president, and BDO Accountants managing partner, Geoff Brayshaw.
SOUTH West wine maker Palandri Wines’ $52 million expansion plans into the potentially lucrative United States market – hauled over the coals by Australia’s corporate watchdog – has also been criticised in an independent research report.
OFFERS, claims and counteroffers between South African mining giant AngloGold Ltd and United States-based Newmont Mining over Australia’s own Normandy Mining left many investors’ heads spinning.
THE Federal Government has made substantial changes to the terms upon which Australia accepts international dispute resolution mechanisms, particularly as they apply to maritime boundaries.
AUSTAL Limited has all but ruled out taking over troubled Tasmanian shipbuilder Incat, which has been placed into receivership by its banker National Australia Bank.
A RECENT survey by KPMG has given investors cause for caution with regard to takeover script offers.A cautious approach also was recommended for mergers, which would not necessarily bring an automatic cash windfall, the survey added.
LAST week’s announcement that a new diamond mine could be operating in WA’s Kimberley region within two months will put an end to the local dominance of Argyle Diamond’s owner Rio Tinto.
THE grapes are still rolling in for this year’s WA vintage but already it has become apparent that yields are going to be the lowest on record – a result of the coolest and driest summer in memory.
