Staff Reporters

WESTERN Australia's dominant health insurance player, HBF, has continued to diversify into new fields with the announcement of a move into life insurance.

Proposed code: IGC, Issue price: $0.20, Principal activities: gold exploration, Corporate: Tony Sage (executive chairman), Nap Mayer (non-executive director), Charles Mostert (non-executive director),

Level 2, 33 Ord Street, WEST PERTH, WA 6005

ASIC has issued guidance to help financial services industry participants better understand ASIC's administrative powers in the enforcement of financial services laws.

Yang Lei became a substantial shareholder with a relevant interest of 12,498,130 ordinary shares (5.31%)

MM&E Capital Pty Ltd increased its relevant interest from 5,239,974 ordinary shares (5.63%) to 7,203,688 ordinary shares (7.74%)

Queensland Investment Corporation decreased its relevant interest from 14,000,000 ordinary shares (7.63%) to 8,527,029 ordinary shares (6.44%)

Annual General Meeting will be held at the Wandu Room, Holiday Inn, City Centre Perth, 788 Hay Street Perth, on 24 May 2006 at 11.30 am

Has reached agreements to place 10,025,000 shares with professional investors at an issue price of $0.10 per share to raise $1,002,500.

Well established business with a long and profitable history. Located in a growing South West location. Multiple product lines & repeat clientele. Plant & stock only.

Proposed code: EDE, Issue price: $0.20, Principal activities: alternate energy exploration, Corporate: Gregory Howard Solomon (executive chairman), Gregory Joseph Egan (executive director), Douglas Ho

Fuji Xerox Australia has appointed Steve Jordan as state operations manager for WA.

RIO Tinto and Hancock Prospecting were last week granted approval to develop the $1.3 billion Hope Downs iron ore mine in the Pilbara.

Portfolio Partners Ltd ceased to be a substantial shareholder

Commonwealth Bank of Australia increased its relevant interest from 4,155,816 ordinary shares (8.79%) to 4,867,203 ordinary shares (10.28%)

Atacama Copper Pty Ltd increased its relevant interest from 76,563,854 ordinary shares (55.99%) to 90,445,285 ordinary shares (66.14%)

Data Base Systems Ltd, Ambreen Chaudhri changed its relevant interest from 50,026,700 ordinary shares (48.78%) to 9,008,800 ordinary shares (18.98%)

A General Meeting will be held at Ground Floor, 8 Colin Street, West Perth, on 23 May 2006, at 11.00am.

WEST Perth diversified labour hire group Integrated Group Ltd has completed due diligence for the sale of its training subsidiary, Integrated Training Pty Ltd, to TodayCorp Pty Ltd.

Proposed code: MMR, Issue price: $0.20, Principal activities: pooled development fund, Corporate: Seng Yap (chairman), David Breeze (executive director), Charles Murphey (executive director), K.O Yap

Michele Villa has been appointed as the new managing partner of Environmental Resources Management Australia Pty Ltd (ERM), replacing Robert Jeffries who has taken on the role as national business dev

A Brisbane man was today sentenced by the Brisbane District Court to four years jail for GST fraud totalling $408,576 and attempted GST fraud of $51,046.

Investors Mutual Ltd became a substantial shareholder with a relevant interest of 10,224,831 ordinary shares (5.32%)

Martijn Hovinga increased its relevant interest from 11,427,759 ordinary shares (5.49%) to 26,008,911 ordinary shares (11.05%)

DKR Saturn Management LP & its associate: DKR Saturn Event Driven Holding Fund decreased its relevant interest from 17,086,100 ordinary shares (9.10%) to 11,068,206 ordinary shares (5.68%)

The residential property portfolios of The Realty Executives Harrison &Associates, Realty Executives Joondalup and Roy Weston Asset Management.

Announce that Veritas Securities Limited has raised $750,000 through the issue of 5,000,000 ordinary shares at 15 cents each.

This well established business is located in Perth CBD to attract heavy pedestrian traffic. Well structured, easy to operate with training provided.

Proposed code: MMB, Issue price: $0.20, Principal activities: base and precious metals exploration, Corporate: Dr Keith P Watkins (managing director), Ralph R G Porter (technical director), Max D J Co

Tammy Batten has been appointed as chief executive officer and director of nursing at the St John of God Health Care Geraldton Hospital.

AUSTRALIAN building products and sugar giant CSR Ltd said it had settled a further 10,000 asbestos product claims in the US at a cost of $US2.5 million.

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of I