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.
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
EMPIRE Beer Group plans to restructure its board to reflect the company's recent change in direction following the divestment of its two leasehold businesses, The Royal in east Perth and the Colonial
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
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.
GROWTH firms must do their job and continue to build their business in these turbulent times. Following are my thoughts for the leaders of these firms.
THE Housing Industry of Association WA says it is encouraged by its first weekly survey of major builders in Perth, which showed significant increases in visitor numbers through display centres.
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.
Directors Richard Monti and Geoff Brayshaw have been given a combined $30,450 worth of Poseidon Nickel shares in lieu of directors fees, as approved by shareholders at the annual general meeting.
GROWTH firms must do their job and continue to build their business in these turbulent times. Following are my thoughts for the leaders of these firms.
PERTH will host a major marketing and business conference – the Australian Masters Marketing Summit 2009 – from March 17-18, featuring some of the world's top marketing executives.
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
MANUFACTURING, fabrication and construction company AusGroup has announced that executive director James Fitzgerald has relinquished his role on expiry of his service agreement with the company.
PERTH will host a major marketing and business conference – the Australian Masters Marketing Summit 2009 – from March 17-18, featuring some of the world's top marketing executives.
A WESTERN Australian geospatial software developer has won an Asia Pacific award for its software warning system, which helps protect infrastructure during major emergencies and natural disasters.
GREAT Southern says it remains hopeful that investors will change their mind about a $700 million restructure plan, despite the majority backing only part of the proposal.
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.
WESFAMERS expects first half 2008-09 net profit to be between $850 million to $880 million, after about $150 million in pre tax provisions and write-downs in the values of some investments.
A WESTERN Australian geospatial software developer has won an Asia Pacific award for its software warning system, which helps protect infrastructure during major emergencies and natural disasters.
AGRIBUSINESS Great Southern Ltd is pursuing alternative options, including the sale of assets, as received proxy votes indicate investors may not be willing to exchange their interest in plantation
