Melbourne-based fund manager SAITeysMcMahon has been confirmed as the buyer of Wesfarmers House on the Esplanade, paying $47.5 million in the second biggest property deal of the year.
The State Government today released the initial architectural design for the redevelopment of Perth's historic Old Treasury Buildings in the heart of the city.
Leighton Holdings Ltd, Grocon, LendLease Corporation Ltd and Multiplex Group have been announced as the short-listed developers for 140 William Street, above the new undergraound rail platform.
Perth-based Dragon Mining NL has announced plans to raise $35 million though secured convertible notes to fund therecommencement of production at its second centre at Vammala in Finland.
Wheat export monopoly AWB Ltd has rejected a bid by CBH Group to sell bulk quanitities of the commodity overseas, a move the Western Australian grain handler claims will cost farmers.
Despite simmering tensions with Malaysia at a national level, the state government has announced a new agri-food trade arrangement with the South East Asian heavyweight.
Wesfarmers' subsidiary Energy Generation Pty Ltd has been named by the state government as the preferred bidder to build, own and operate a new gas fired power station in Carnarvon.
A joint venture including Perth-based engineering group Clough Ltd has won a $100 million contract to construct a second LNG loading berth at the North West Shelf's Karratha onshore gas plant as part of its phase V expansion.
Balcatta-based transport systems group ERG Ltd has announced three new contracts totalling $20 million in three continents, the biggest being an automated fare collection project in Beijing.
Leederville-based Pharmanet Group Ltd has announced positive results from research into its protein fragment drug which inhibits the reaction to UVB burns.
Margaret River winemaker Palandri Ltd has told the AIM stock exchange in London that a subsidiary has launched a supplementary prospectus to raise $7.5 million for the purchase of a Great Southern vineyard.
Shares in Perth-based ISP jumped almost 9 per cent today following yesterday's announcement that the Federal Government would not relax regulation of Telstra's network.
iiNet Ltd CEO and founder Michael Malone has welcomed a federal government decision to not provide a "regulatory holiday" for Telstra's proposed fibre network.
Perth-based Fox Resources Ltd has completed a $3 million capital raising which will be used to develop its West Whundo Copper Project located in the West Pilbara region.
The junior iron sector keeps on humming with Gindalbie Metals Ltd (appoints project head) , Thundelarra Exploration Ltd (launches spin off) and Jupiter mines Ltd (buys Yilgarn tenements) all making key announcements.
The High Court has unanimously upheld a Western Australian Supreme Court finding that Alan David Doyle had improperly used his position as a director while on the board of Chile Minera NL.
Geraldton-raised Geoff Booth has been appointed group managing director for Telstra's Country Wide operation, following five years at the helm of the regional business in Western Australia, South Australia and the Northern Territory.
Japan continues to soak up supplies of North West gas, with Woodside Energy Ltd signing up Tokyo Gas Co Ltd for up to 1.75mt of LNG per annum from its Pluto development.
Price: $1,870,000 Net Profit in region of $710,000. Long established business (same owners 35 years) with secure o/seas supply sources. Currently distributes to state and national re-sellers.
