TWO listed Perth property developers – Axiom Properties and Port Bouvard – have bought time from their banks as the tight financial constraints brought on by the global financial crisis continue to cause angst in the sector.
TWO significant IT services contracts worth almost $50 million with private and public bodies were awarded this week to a pair of global firms with offices in Perth.
URANIUM miner Paladin Energy has disclosed that Canada’s Uranium One Inc, which is backed by the state-owned corporation controlling all of Russia’s nuclear activities, has acquired a strategic shareholding.
WEST Perth-based Centrepoint Alliance plans to merge with financial services provider Professional Investment Holdings through an all-scrip offer that is effectively a reverse takeover.
ANZ and Westpac have joined the other big banks, Commonwealth Bank of Australia and National Australia Bank in raising the standard variable home loan interest rate in line with the 25 basis point rise by the Reserve Bank of Australia (RBA).
The Economic Regulation Authority has progressed the development of one of the largest wind farms in the country after granting an electricity generation licence to the $750 million Collgar wind farm in the Wheatbelt.
Premier Colin Barnett says companies are reviewing their investment decisions in the state in light of the federal government's proposed new super tax on miners.
Patersons Securities has today opened its new office in East Perth after luring a smaller than expected group of advisers from RBS Morgans' Perth division.
Perth-based Dourado Resources has boosted its exploration portfolio following the acquisition of unlisted public company Zelta Holdings for $1.2 million.
The federal government is set to establish a new infrastructure fund with a starting base of $700 million to ready the country for future mining booms.
The federal government has tightened a tariff duty concession for major projects that import capital goods into Australia instead of using local content.
Western Australia's business sector has reacted with alarm to the growing certainty the federal government will introduce a new tax on mining profits, with industry groups and mining leaders united in their opposition to the plan.
Former Regis Resources managing director David Walker has reportedly pared back his claim for damages against three of the company's directors, who successfully rolled the board last year.
Iron Ore Holdings managing director Matthew Rimes has spent $3 million exercising options at less than half the value of the company's last traded price.
Kerry Stokes' Seven Network has cleared the final hurdle in its merger with privately-owned industrial equipment business WesTrac, with the Federal Court today approving the $3 billion deal.
Pilbara-focused minerals outfit Fox Resources has announced a rights issue to potentially raise over $7 million to further advance its heap leaching operation.
Constellation Wines, the Australian subsidiary of US-based Constellation Brands, has confirmed it has put the Amberley Estate in Margaret River on the market.
Coote Industrial will be forced to pay Elph $6.5 million after the takeover bidder exercised its put option to sell its stake in Coote subsidiary, Greentrains.
Recently-listed Doray Minerals has raised $4 million that will fund further exploration at its Andy Well gold prospect in the northern Murchison region of Western Australia.
Shares in Noble Mineral Resources were higher after the South Perth-based company confirmed a $62 million capital raising to progress its gold project in Ghana.
Shares in Brockman Resources were higher after the company signed a non-binding agreement with China's Sinosteel for the purchase of ore from Marillana ore project in the Pilbara, and possible investment opportunities.
The biggest earthquake to hit the Western Australian Goldfields in 50 years has closed the nation's largest mine and left several historic buildings damaged.
Western Australia Premier Colin Barnett is backing away from his initial view that a health deal struck between the Commonwealth and the Labor states and territories could fall over without his support.
