A reprieve for Western Australian businesses paying payroll tax will come to an end in June as part of moves by the state government to bring the budget back into good financial shape.
The Australian Securities Exchange has decided to block transactions by two of Tony Sage's companies on grounds that controversial businessman Frank Timis would gain too much control.
Bauxite Resources says it will appeal a decision made by the state environmental watchdog, which this week decided to assess the company's Bindoon mine at one of the highest levels available.
Shares in Ironbark Zinc surged higher after major shareholder Nyrstar lifted its interest to more than 30 per cent by subscribing to $15 million worth of securities.
Shares in West Perth-based Doray Minerals have more than tripled in trade today after it released high-grade drilling results from its Meekatharra North gold project.
New housing starts in Western Australia are forecast to grow 24 per cent this financial year but then flat-line in 2011-12, a new outlook report shows.
The cost of the Oakajee port and rail project in the Mid West has increased to $4.37 billion after high demand from miners raised the initial capacity at the port by almost 30 per cent.
Bauxite Resources' North Bindoon mine will be scrutinised at one of the highest possible levels by the state environment watchdog as an action group calls for greater disclosure by the company about its future mining plans.
Fresh concerns have been raised over the sustainability of the residential property sector after new home sales in Western Australia dropped 5.1 per cent last month, a turnaround from January's figures.
Ausdrill will raise nearly $104 million through a placement and underwritten rights issue with managing director Ron Sayers to invest $5 million of his own money into the mining services company.
Mineral Resources' takeover of Mesa Minerals is poised to go ahead after moves to dump four of Mesa's directors were voted down at a shareholders meeting today.
Shares in Aviva Corporation were higher after the company struck a deal with platinum producer Lonmin to farm-in to a gold and base metals project in west Kenya.
Nickel miner Western Areas says it received strong interest in its convertible bonds issue that raised $125 million, which will partly be used to pay debts with BHP Billiton and ANZ.
Property investment company SAS Global Forrestdale Pty Ltd is facing further pressure after the corporate regulator cancelled the financial services licence of its responsible entity, Teys Property Funds Ltd.
The competition watchdog says it will not oppose Coogee Chemicals' purchase of Gull Petroleum's Kwinana terminal, after Royal Vopak complained the transaction would lessen competition.
Property company Finbar Group has been named by the state government as the preferred developer of a new housing project, including a 10-storey high-rise, in Karratha, valued on completion at $225 million.
The continuing gap between male and female wages could have serious implications for the nation's competitiveness with a new report finding women on average earn 16 per cent less than men.
Hong Kong-based Regent Pacific is poised to take a major stake in Venturex Resources through a $12 million placement and will provide up to $15 million in funds for any acquisition made by October.
Verve Energy has today confirmed it has assigned alternative duties for about 100 employees at the Kwinana power station after confirming high asbestos levels at the plant.
The state government has authorised electricity retailer Synergy to buy power from the planned $750 million Collgar wind farm in the Wheatbelt, underpinning the development of one of the largest wind farms in the country.
Shares in Oklo Uranium surged after it announced it had acquired a 70 per cent interest in a Namibian uranium project located near Paladin Energy's Langer Heinrich uranium mine.
Cape Lambert Resources has revealed plans to take full control of DMC Mining, launching a $34 million cash offer today for the explorer which controls an iron ore project in the Republic of Congo.
Takeover target Coote Industrial has entered a binding agreement to sell its South Spur Rail Services subsidiary to logistics company P&O Trans Australia for $16 million cash.
Less than two weeks after being appointed to lead Conquest Mining, former Sino Gold chief Jake Klein has resolved a dispute with Gold Fields Australasia over the Mt Carlton project in Queensland.
Mineral Resources intends to launch a takeover for manganese outfit Mesa Minerals with shareholders in the target split on Mesa's recommendation of the offer, with some saying the approval reflect the actions of a desperate board.
Coogee Chemicals chief executive Phil Thick is confident a $40 million terminal transaction with Gull Petroleum will go ahead as the competition watchdog prepares to deliver its findings.
The state's peak business lobby group supports a moderate increase in the minimum wage this year and warns that many employers will not be able to afford paying substantially higher wages.
Western Australia has dominated a property list of the top 50 best performing council areas in the country, with the median house price in the Roebourne shire of $840,000 the highest in the nation.
