Two Australian companies, banking group Westpac and property company Stockland, along with international coal miner Xstrata, have been ranked as the world's most sustainable companies in their
NRW Holdings has announced a record net profit of $41.2 million for the year to June 30, on the back of record levels of work for its civil contracting business and the continued strong performance
WESTERN Australian law firms Clayton Utz, Blake Dawson, and DLA Piper have added new partners to their practices in the past week, while a long-serving member of staff has retired from Norton Rose.
The number of home loans approved in March rose by 2.1 per cent on February in Western Australia, in contrast to a 10-year low in housing finance approvals nationally.
The growing number of high-net-worth individuals in Perth has attracted one of the more exclusive players providing advice in that realm – The Myer Family Company.
Consolidated Minerals has urged shareholders of OM Holdings to reject its proposed dual listing on the Hong Kong Stock Exchange, and has flagged major changes to the OM Holdings board.
MANY Rivers Microfinance has undergone a rapid expansion of its operations in the Kimberley, Pilbara, and Goldfields regions since its arrival in Western Australia last year.
Perth-based WHL Energy says its heavily oversubscribed $10 million share placement will provide the funds to progress its Seychelles oil and gas project towards farm-out and drilling.
Perth-based gold miner Focus Minerals says it will raise $40 million to accelerate production at its greenfields Treasure Island gold project near Kalgoorlie, through an institutional placement and share purchase plan.
AMP says the year ahead remains uncertain for the wealth manager despite overcoming market volatility and consumer caution to post a five per cent increase in full year net profit.
Radhika Oswal will argue in the Supreme Court of Victoria that ANZ invalidly appointed PPB Advisory as receivers and managers over Burrup Fertilisers, because she believes Burrup was never in default of its debt repayments to the bank.
Westpac Banking Corporation chief executive Gail Kelly says business credit demand is likely to pick up in the second half of fiscal 2011, and could rebound quite quickly.
Interest rates are not excessively restrictive but Australians are becoming more cautious about their funds, Reserve Bank of Australia governor Glenn Stevens says.
Bankwest has recovered from last year's slump with an interim net profit of $224 million, after reducing its impaired loans expense and cutting business lending by 10 per cent.
Equatorial Resources has announced plans for an institutional placement to raise $25.6 million to accelerate the company's drilling and exploration activities in the Republic of Congo.
Competition in the housing loans market is being bolstered by a revival of wholesale funding, with Australian Finance Group re-launching its securitisation business and Police & Nurses Credit Society launching its first-ever issue of mortgage-backed secur
Westpac and National Australia Bank have joined the ANZ and Commonwealth in lifting their lending rate above the official rate rise of 0.25 of a percentage point.
ANZ has become the second major banking group to increase interest rates on housing and business loans by substantially more than the rise in official interest rates.
The Reserve Bank has lifted the official cash rate by 25 basis points to 4.75 per cent after expressing concern about the risk of inflation rising again over the medium term.
Bendigo and Adelaide Bank says there's "nothing new" in a statement of claim against it lodged in the Federal Court by Sydney law firm DC Legal on behalf of investors in the Great Southern managed investment schemes.
West-Perth based Atlantic has announced plans for a $55 million capital raising to fund construction and commissioning of the Windimurra vanadium project in Western Australia.
The Association of Superannuation Funds of Australia (ASFA) is urging the Federal Government not to step back from its budget announcement that it will gradually increase the Superannuation Guarantee (SG) to 12 percent.
Port Bouvard is set to receive a much needed lifeline from Queensland's FKP Property Group, which has agreed to chip in nearly $23 million to a planned $60.2 million capital raising.
West Perth-based Aphrodite Gold has today opened its $10 million initial public offer to progress exploration and development at its namesake deposit which it recently bought from Apex Minerals.
West Perth-based Adelphi Energy has urged its shareholders to take no action regarding an on-market takeover offer launched today by its major shareholder, oil and gas company AWE.
Gindalbie Metals plans to tap the market for up to $206 million to fund its Karara iron ore joint venture, days after it announced a capital cost increase at the Mid West project.
Osborne Park-based explorer Viking Ashanti has made an underwater debut on the local stock exchange with its share price closing 8 per cent below the issue price.
