Staff Reporters

FORECAST building cost hikes in Western Australia this year could lead to a slump in land values, according to property analyst Gavin Hegney.

Suite 6, 136 Main Street, OSBORNE PARK, WA 6017

The WA division of the Australian Property Institute is holding a tourism forum focusing on the current state and future direction of WA’s tourism industry, June 5 at the UWA Club.

Trudi Nurse, Spirit Gymsports - sport aerobics

Anglo Pacific Group plc became a substantial shareholder with a relevant interest of 5,216,323 ordinary shares (5.23%).

Tamaya Resources Ltd increased its relevant interest from 83,669,245 ordinary shares (68.5%) to 88,439,215 ordinary shares (72.4%).

WM Clough Pty Ltd changed its relevant interest from 8,000,000 ordinary shares (10.67%) to 8,000,000 ordinary shares (6.67%).

Announce that it is proceeding with a capital raising by way of a share placement of up to 15,000.000 fully paid shares at 14 cents to raise a total of $2,100,000.

CAPE Lambert Iron Ore Ltd chairman Ian Burston commenced working for the iron ore explorer in an executive capacity last week, having taken on the chairmanship in June last year.

Dave Kelly has been appointed to assist Investec Bank (Australia) Ltd’s Perth-based resource finance specialists John Fitzgerald and Jason Brewer.

Established in 1995 by Paul Plowman and Sandra Crockford, Atticus Communications Consultants provides personalised and accountable public relations services.

Oceanic Asset Management Pty Ltd became a substantial shareholder with a relevant interest of 4,350,000 ordinary shares (9.1%).

Abbotsleigh Pty Ltd increased its relevant interest from 34,245,674 ordinary shares (17.08%) to 36,685,674 ordinary shares (18.29%).

Edward John Ellyard changed its relevant interest from 7,545,000 ordinary shares (9.35%) to 8,545,000 ordinary shares (8.83%).

Advises that 113,000,000 restricted fully paid ordinary shares will be released on 25 May 2007.

General Meeting will be held at The Institute of Chartered Accountants, Level 3, 600 Bourke Street, Melbourne, Victoria on Wednesday, 20 June 2007 at 10.00 am

APPLECROSS-BASED pipe services firm ShieldLiner Ltd will raise $2.8 million through a placement with Indian Ocean Capital as the company refocuses its business strategy.

Knight Frank has appointed Samantha Appel as an investment property manager and David Bolton as a licensed valuer.

Glenn Cooper, executive chair and director of marketing at Coopers Brewery South Australia, to speak at Family Business Australia’s state conference on change and challenges for family businesses in

Tomahawk Energy Ltd became a substantial shareholder with a relevant interest of 7,815,000 ordinary shares (9.087%).

Tamaya Resources Ltd increased its relevant interest from 80,173,265 ordinary shares (65.64%) to 81,759,095 ordinary shares (66.93%).

Merrill Lynch & Co Inc decreased its relevant interest from 18,851,794 ordinary shares (8.09%) to 16,540,187 ordinary shares (7.10%).

Announce that it has agreed to a placement to sophisticated investors of 28 million shares at 25 cents raising A$7 million.

Mid West energy company Aviva Corporation Ltd has appointed former Western Power Corporation general manager generation Mark Chatfield as general manager energy, overseeing its $1 billion power statio

ASX code: OKU,Issue price: $0.20,First days close: $0.44,Principal activities: uranium exploration,Corporate: Peter Meagher (executive chairman & company secretary), Ross Brown (managing director)

3 Turner Avenue, Technology Park, BENTLEY, WA 6102; Ph: (08) 9361 4777, Fax: (08) 9361 4888

THE WEST AUSTRALIAN (BUSINESS NEWS HEADLINES)Minister turns heat on EPA over delay

The West Australian.Page 1: The federal government has accused Kevin Rudd of endangering Australia's relationship with Japan over whales.

Perth Lord Mayor Dr Peter Nattrass has thrown his support behind Attorney General Jim McGinty's criticism of The West Australian and its editor, Paul Armstrong, saying the debate was about the standard of reporting in WA.

THE WEST AUSTRALIAN (BUSINESS NEWS HEADLINES)Wesfarmers, Coles settle access dispute as sales figures slump

Revenue Minister Peter Dutton today announced a $1.5 million payout to members of the Strategic Capital Superannuation Fund, saying it was in the public interest to help out clients allegedly defrauded by its allegedly "inappropriate investments".

This week's WA Business News looks at the recent spate of mid-cap acquisitions and the impact of the boom in Broome, plus Business Class, Trade, Property, Not for Profit, Growing Business, Gusto and more