A NEW package of base metal and gold tenements is expected to hit the street any day after Berkeley Resources lodged a $4.6 million prospectus with the Australi
HOUSEHOLDS borrowed a total of $22.4 billion during the September quarter in the form of loans, including $14.6 billion in bank loans. This raised total household debt to $620 billion at the end of the quarter, according to the Australian Bureau of
SHAREHOLDERS in Rockingham-based timber floor manufacturer Vintage Hardwoods are hoping to rescue the company with a buyout arrangement after major creditor, th
AT first glance Wiluna may not appear as much more than a small dot on the map at the edge of the desert, but despite its isolation, the town is attracting new
VISITING Wiluna, on the edge of the Great Sandy Desert, today it’s difficult to imagine it once was a bustling town with a population of more than 10,000.
SUPERANNUATION is now on the table in divorce proceedings following changes to the Family Law Act. The amendments, which took effect on December 28 last year, mean superannuation, previously out of reach for would-be divorcees, is now counted alongside
WA’S Mid West region is providing fresh produce to Singapore’s largest private retailer, Cold Storage Singapore. Representatives from the company, which has almost 40 stores in its stable, are expected to visit the Mid West regional hub Geraldton
THE way exporting is done will change significantly in 2003, and exporters are warned to stay abreast of the changes or risk losing their business livelihood.
Australian Customs is introducing a new computer system which will revolutionise the way export
INVESTORS are looking to a brighter 2003 after enduring 12 months most would prefer to forget. It was a year share markets around the world shed trillions of dollars and lost around 25 per cent of their value.
Those locked in to international gro
COAL producer Xstrata Coal Australia was this week awarded a $US75 million contract to supply almost 2.3 million tonnes of thermal coal to Mexico. Xstrata will supply the Mexican Federal Elec
THERE were mixed results for WA companies hoping to make it to the boards during the past six months. The majority of the 13 to make the cut had a less-than-spectacular debut, with the average return firmly in negative territory.
SUPER and managed funds are looking for alternatives in riskier, non-traditional spheres as they struggle to maintain form.The sector is digging for investments beyond the top 100 companies and backing small projects by providing venture capital or p...
THE squeeze is being applied on the Australian Taxation Office following a Federal Court decision in favour of two investors in a managed investment scheme.Justice Stone found, on appeal, that taxpayers were entitled to their full claimed deductions...
THE issues of Aboriginal rock art and Native Title threaten to derail development plans on the Burrup Peninsula, according to Woodside general manager of external affairs, Erica Smyth.Throw in a divided local community and a series of disagreements b...
THE restrictive framework within which the Superannuation Complaints Tribunal works is hampering its ability to deal with fund members’ complaints.The tribunal cannot deal with a complaint unless the trustee has had an opportunity of considering the ...
WHILE the development of Train 4 on the Burrup Peninsula in WA’s North West is drawing on local operators, the project is also using suppliers from around the globe.Last week the joint venture manager, Woodside Energy Ltd, awarded a $40 million cont...
THE $480 million WA Local Government Superannuation Plan has made two $2 million direct private equity investments into companies spurned from the University of WA laboratories.The money brings the total level of investment by the fund in private equ...
IT has been spoken of for almost two years but predictions of a slump in economic activity from economists, the business sector and academics are becoming more real.In its November Statement of Monetary Policy released this week, the Reserve Bank of ...
HEAVILY reliant on international trade, WA will be directly affected by the implementation of tax changes resulting from the Federal Treasury’s Review of International Taxation Arrangements.
THERE’S growing disquiet among WA’s cabinet makers amid claims the absence of competition in the laminate and board industry is leading to unjustified price rises from suppliers.
AUSTRALIAN organisations and businesses are being lost in slogans, mission statements and text book jargon as the essential ingredient in leadership – faith and spirituality – are being lost or ignored.
INVESTORS with an outlook of more than four years should increase their stock exposure at the expense of bonds or cash, according to advice from State Street Global Advisors.
INDIVIDUAL superannuation investors may feel powerless when it comes to influencing company directions, but put the money into the hands of a fund manager and the influence stretches far beyond just controlling individual companies.
OVER the past five years the ownership of WA’s gold mines has headed offshore with Newcrest among the few to have escaped the attention of raiders from South Africa and North America.
SOLUTIONS straight out of the university textbooks provide the modus operandi for David Day as he applies well-honed accounting and auditing skills to the dust and sweat of a timber-machining workshop.
THE Australian Prudential Regulation Authority used the release of its annual report last week to highlight the stricter regime it is imposing on financial institutions.
