Key arguments used by independent retailers during a fiery deregulation debate several years ago have been challenged this week by the Chamber of Commerce and Industry of Western Australia.
Western Australia’s investment community has shrugged off fears of trouble in the US economy after problems in the US mortgage market triggered profit warnings from financial services groups and sent global stock markets plunging last month.
Perth-based stockbroker Patersons Securities Ltd has changed its corporate structure to allow for external investment in the firm after it posted a 2006-07 net profit increase of 82.3 per cent to $9.3 million.
Andrew Forrest's stake in Fortescue Metals Group soared to more than $5 billion today after shares in the iron ore developer hit a record $50 as investors rushed into the commodities sector and helped push the Australian sharemarket to an all-time high.
Moly Mines Ltd this week showed it was not unique in the resources sector despite its project being the first molybdenum mine to be developed in Australia.
A group of Evans & Tate grape growers is understood to have secured price rises for its fruit after agreeing to new five-year grape supply contracts with the receiver of the collapsed winery.
If it wasn’t for a photo kept by Tasty Tarts owner Radi Stulic it would be hard to imagine that her gourmet sandwich and sweet treats store was once a blue-collar type lunch bar serving up deep fried foods like cheese sausages and chips.
Little Creatures has opened its new late-night venue located adjacent to its brewery and restaurant. Called The Loft, the new venue is located in the upstairs section of the old Harbourside nightclub.
Perth recruitment company, Scotford & Fennessy, has opened an office in Adelaide as part of a national expansion following strong demand for its services from the mining and construction industries.
Moly Mines Ltd intends to produce molybdenum from its Spinifex Ridge project by July 2009 after today revealing the results of a definitive feasibility study showing the project was economically viable despite its capital cost jumping to $1.07 billion.
West Australian Newspapers Holdings Ltd has sold its 50 per cent stake in cinema chain Hoyts Group for about $150 million, which is in line with its recently written-down value for the asset.
Fortescue Metals Group Ltd chief executive Andrew Forrest, who has built a $4 billion fortune developing iron ore deposits in the Pilbara, has gifted shares and options worth $80 million to his charity, The Australian Children's Trust.
Wesfarmers CEO Richard Goyder has great admiration for retailing executives such as Archie Norman, who was largely responsible for turning around the fortunes of UK supermarket group, Asda, before its sale to American retail giant Wal-Mart in 1999.
John Poynton’s Prime Heath Group is embarking on an aggressive expansion across Australia and overseas as the investment banker seeks to capitalise on growing demand for corporate health and training services.
Restaurateurs Josephine Mac Fie, Chris Vane and chef Belinda Martin, have finally settled on a new name for Verve Restaurant, which they bought more than a year ago.
Karijini National Park’s first upmarket accommodation offering is experiencing strong demand from east-coast tour operators, with bookings for its permanent tents housing queen beds and some of life’s modern luxuries becoming increasingly difficult to sec
An innovative takeover sweetener for Coles Group Ltd shareholders became all the more important last week when an independent expert’s report revealed Wesfarmers Ltd would effectively secure the retailer on the cheap.
A group of former Evans & Tate grape growers have established a co-operative to negotiate the sale of their fruit to other industry players, after receivers for the Margaret River winery revised its 2008 vintage contracts.
It may have been a sombre week for the many fans of Eminem Turkish restaurant, but for young chef Pierre Ichallalene it is a time of immense excitement.
Investment markets are becoming more receptive to the wine sector, according to Palandri executive chairman Darrel Jarvis, who is in the final stages of preparing an Australian stock market float for his Margaret River business.
A project conceived by City of Perth planners to make many of the city’s laneways more vibrant has been met with strong resistance from the city’s lord mayor, Peter Nattrass.
The significant growth in the number of listed Western Australian companies in the past financial year has increased the end-of-financial-year auditing bottleneck and has some accounting practitioners calling for changes to the reporting deadlines imposed
Councils overseeing Perth’s popular hospitality districts have begun receiving applications for small bars, more than four months since the introduction of new liquor laws designed to bring a more liberal food and wine culture to Western Australia.
Michelle and Steve Jones have bought Subiaco’s Social on Station restaurant, formerly managed by Linda Ross (formerly Mead) and her husband, Adam. Mr and Mrs Jones are in the process of re-branding the eatery as Social Subiaco.
Indigenous mining contractor Ngarda Civil and Mining will more than double its workforce in the next six months after this week securing the biggest single contract awarded to an Aboriginal company in Australia.
Fortescue Metals Group Ltd will shift its attention from mining its Christmas Creek deposit in favour of developing a 100 kilometre strip of potentially rich iron ore dubbed ‘Solomon’.
Little Creature’s parent company, Little World Beverages Ltd, plans to start east-coast distribution of its new cider earlier than anticipated following strong sales in Western Australia since the product’s release a month ago.
