Austal shares gained nearly 20 per cent today after the company disclosed it may share an expanded US Navy contract to build coastal warships with rival tenderer Lockheed Martin.
Mining services group MACA has had an excellent first day's trading on the Australian Securities Exchange closing 45 cents above its issue price of $1.
A state government plan to redevelop the north eastern area surrounding Claremont Oval has been formally launched and will include apartments, townhouse lots and a commercial and retail space.
Consultants GHD and BG&E have joined forces to win a $6.85 million consultancy contract for the revitalisation and upgrade of the roads near Perth Airport.
Personal care products company EcoQuest is planning on launching its biodegradable nappies and wipes in New Zealand and is also in discussions with European and American distributors.
Rare earths company Arafura Resources has denied that the decision by East China Exploration & Development Bureau not to support the company's $90 million capital raising has left a gap in its future funding requirements.
Subiaco-based Summit Resources is planning an $8 million rights issue to fund commitments under its Isa uranium joint venture with Paladin Energy and to settle a legal action with Areva.
A Chinese consortium led by Sin-Tang Development has foreshadowed a fully underwritten capital raising for iron ore developer Sphere Minerals as an alternative to Xstrata's $514 million takeover offer, which was increased today.
Volvo Group Australia has won a state government contract worth up to $400 million to upgrade the public transport bus fleet, replacing Mercedes at the completion of its contract.
The Reserve Bank has lifted the official cash rate by 25 basis points to 4.75 per cent after expressing concern about the risk of inflation rising again over the medium term.
Global education services provider Navitas is continuing its international expansion, signing a 10-year agreement to manage an international student transfer program with the University of New Hampshire.
Arafura Resources' plans to raise $90 million via a share placement to progress its Nolans project north of Alice Springs have suffered a blow after East China Exploration and Development Bureau declined an offer to acquire shares in the placement.
Property firm Savills has warned of a significant office vacancy shortage in Perth's CBD after Chevron Australia announced it was leasing more than half of 256 St Georges Terrace.
Premier Colin Barnett says the extension of weekday retail trading hours to 9pm reflects the government's determination to provide incremental reform to Perth's shopping hours.
Shares in Aquila Resources have risen 24 cents today after the company announced an update to the JORC resource estimate for its West Pilbara iron ore project.
Bayswater-based EFCO Industries has been awarded a contract worth nearly $1 million to protect and prolong the working life of the jetty at Wyndham port.
UGL Limited has announced $250 million in rail freight orders, including with Rio Tinto's iron ore business and a second unnamed iron ore customer in Western Australia.
The state government has awarded a five-year contract for the maintenance of Perth metropolitan roads to Sydney-based Downer EDI Works and its joint venture partner, English company Mouchel International.
The owner-manager of the Meadow Springs Boulevarde Shopping Centre has been fined $25,000 over an incident in which a maintenance worker was injured when he fell off a ladder.
The Chamber of Minerals and Energy has warned WA miners face the prospect of a "double-tax whammy" unless the federal government guarantees future rises in state royalties are credited under the Minerals Resource Rent Tax.
Litigation funder IMF is planning to raise $39.1 million via a convertible notes issue to shareholders and hopes to use the funds to increase the number of cases under its management to $2 billion.
