The Reserve Bank of Australia has responded to the global financial crisis by cutting official interest rates by 1 percentage point to 6 per cent, larger than the widely expected half a percentage point cut.
Over 8000 people have left Western Australia over the past year as the nation experiences its biggest annual exodus on record with with 76,923 people leaving the country permanently in 2007-08, a new report shows.
A possible deal for the acquisition of BankWest by the Commonwealth Bank of Australia is likely to be reached tomorrow, as the major bank confirmed it was in exclusive talks with HBOS Plc to buy the Australian retail banking arm.
Backflip on Varanus may see state government gag report findings; Crisis sparks bank shake-up; Pilbara workers to strike; Investors hammer oil giants on global worries; Banks turn to fund for cheap cash
West Perth-based Shaw River Resources Ltd has picked up a majority interest in eight tenements that neighbour its Mt Minnie project in the Ashburton region of Western Australia.
The former chairman of the state's Environmental Protection Authority has failed to quash a corruption report linking him to disgraced former premier and lobbyist Brian Burke.
Varanus gas blast a $2b blow to WA; Recession fears increase; Shareholders target boards in executive pay revolt; ANZ readies axe over troubled lending arm; Top China official in warning on BHP-Rio tie
Australian stocks were lower at noon, as nervous local investors await the outcome of tonight's US House of Representatives vote on a new version of the $US700 billion ($A888 billion) bailout of the financial markets.
Emu tower struggles to sign up a builder; WA, Qld the winners in harvest, too; PM unlocks $20bn future fund; Analysts tip China slowdown to hit iron; Global economy fears overshadow bailout support
The global wait begins for an expected tight vote on the $US700 billion rescue package in the US House of Representatives after the Senate today passed the bailout plan designed to calm panicky bourses.
The Chamber of Commerce and Industry WA has told a Senate inquiry into the Varanus Island gas explosion the approvals process has made the state's energy supply structure vulnerable.
Zinc producer CBH Resources Ltd has launched a hostile $65 million takeover bid for Perilya Ltd, just over two months after the companies terminated a friendly merger proposal.
Shares bounce back as US rescue hopes rise; BHP-Rio nod sparks stock rally; Inpex set out to avoid regulation: land council; CBA pounces on BankWest with low-ball offer; Breakthrough on national consumer laws
PENNY Flett, CEO of the Brightwater Care Group, has won the major national aged and community care industry award for excellence in quality care and services for older people.
CHINA continues to dominate Western Australia’s export focus, generating more than $16 billion in revenue in 2007-08, according to figures from the Department of Industry and Resources.
WESTERN Australia formally lost its bid to host a multi-billion dollar liquefied natural gas plant on Friday, with Japanese company Inpex Ltd and project partner Total E&P Australia announcing Darwin
October 3 Melville Toyota Pink Ribbon Ball, sponsored by Worldwide Online Printing. Run annually by Momentum Women’s Forum that raises money to support breast cancer research.
DOES everybody pull their weight in your team? Do some people carry a heavier workload than others? Do people complain that their workload is too much?
Axiom Properties Ltd director Ben Laurance has increased his interest in the company through a rights issue of 10.4 million shares valued at a total of $832,000.
THE pipeline fire at Varanus Island in June, which cut one-third of the state’s gas supply, is expected to have an impact on nickel, gold, alumina and mineral sands exports in 2008-09.
AN opportunity to participate in the construction of a $100 million radio telescope in Western Australia to complement the $2 billion-plus Square Kilometre Array project has officially opened.
FORTESCUE Metals Group Ltd is closer to gaining access to Pilbara railways, after last week’s High Court decision that some tracks were not part of BHP Billiton’s production process.
