Conglomerate Wesfarmers says it expects a lower dividend for the third consecutive year as it launches a heavily discounted rights issue to raise nearly $3 billion to help pay down debt from its $20 billion Coles acquisition.
Engineering and infrastructure firm GRD says it will take a $50 million one-off hit from the sale of its loss-making Global Renewables Eastern Creek Facility in Sydney to Emergent Capital.
Newcrest Mining, Australia's biggest gold company, has delivered a drop in gold production during the second quarter and cut full year production forecasts for its Telfer mine in Western Australia.
BUILDING approvals in WA slumped 30 per cent in November to levels not seen in nearly eight years, as credit shortage and economic uncertainty deterred investors, according to the Australian Bureau of
A PROMINENT WA economist and Treasurer Troy Buswell have both said the state is unlikely to dip into recession in 2011, as projected by economic forecaster Access Economics.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
Earth from above High-profile environmentalist Phillip Toyne is coming to Perth to give a speech at The University of Western Australia Club’s theatre auditorium on Tuesday January 20.
CEDAR Woods Properties Ltd has posted a net loss of $6 million for the half year to December 31 2008, on the back of weakening demand for property in the south-west metropolitan area.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
Banaszak Legal has been acquired by Leaker Partners after Damira Banaszak accepted a position of senior legal counsel with the National Australia Bank.
Earth from above High-profile environmentalist Phillip Toyne is coming to Perth to give a speech at The University of Western Australia Club’s theatre auditorium on Tuesday January 20.
LUXURY fashion label Emporio Armani will soon join other high-end retailers at the new Wesley Quarter redevelopment, as the first of the centre’s retailers open their doors.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
ANNE Nolan has been appointed director general at the Department of State Development, with Tim Griffin acting director general at the Department of Mines and Petroleum.
HISTORY shows us that the disillusioned, the disenfranchised, the oppressed, the impoverished, the downtrodden will eventually turn on the society that spawned and then abandoned them.
LUXURY fashion label Emporio Armani will soon join other high-end retailers at the new Wesley Quarter redevelopment, as the first of the centre’s retailers open their doors.
Perth #1 in radio advertising spend PERTH has come out top of the pops in radio advertising revenue as the medium proves to be the most resilient of the traditional media in tough economic times, The
THE state government says it will cut advertising spending by 15 per cent, after campaign and non-campaign advertising increased $20 million in five years under the previous Labor government.
NICKEL miner Western Areas says it has probably recorded the lowest cash costs in Australia as production at its Flying Fox mine in Western Australia exceeded its yearly target.
IT’S another year. Almost a relief isn’t it? Good riddance 2008. This year can’t be much worse. Or can it? The good news is we’re at a point of fresh start, new beginnings. New president.
