Staff at Bendigo and Adelaide Bank have been asked to take 10 days unpaid leave as part of a short-term measure to reduce costs in the current economic climate.
Dioro Exploration has urged shareholders to reject a sweetened takeover offer from Avoca Resources, adding it had entered into confidential negotiations with third parties.
Seven Network chairman Kerry Stokes is speculated to be behind the latest purchase of a parcel of Consolidated Media Holdings shares valued at $28 million as James Packer confirms he has lifted his stake in the company to nearly 41 per cent.
Share surge on swelling confidence; States battle to contain wages; BHP takes hard ore price line; Allco debacle costs Sir Rod chair at ANZ; Asciano open to bids as boss sells
Perth hotels have recorded the largest increase in revenue for an available room over the past 12 months, with a jump of 19 per cent to just over $135, latest figures show.
A $12 million solar power station to be built in Kalgoorlie has been scrapped after the company behind the operation, Solar Systems, could not get federal funding.
Acquisitive Cape Lambert Iron Ore has revealed further details of its takeover bid for Corvette Resources, with the offer valued at a total of $16.2 million.
Avoca Resources says it is surprised that target Dioro Exploration has not provided a recommendation to its takeover bid as it today declared the offer unconditional.
VDM Group has sold the surplus assets of its subsidiary Civmec, including the name, for more than $2 million as part of the group's restructure and consolidation strategy.
LNG boom big boost to economy; Karoon Gas 'bullish' on Browse Basin project; Investors sweat on Fortescue update to $400m costs drive; Stokes' power play tipped to escalate; China shuts the door on diplomats
The corporate watchdog has permanently banned former Hogan and Partners Stockbrokers employee Jonathan Kur after he lost more than $9 million of clients' money.
Ratings agency Standard & Poor's has upgraded its long- and short-term corporate credit rating for Rio Tinto following the completion of the $US15.2 billion ($A19.5 billion) rights issue.
Minemakers says it will move to compulsorily acquire the remaining shares it does not own in Bonaparte Diamond Mines after reaching a 94.32 per cent shareholding through its all-scrip takeover offer.
Stockbroking firm Tricom Equities has been slapped with a record $1.35 million fine for "blatant and unmistakable" market manipulation spanning three years.
Property developer Finbar Group says it anticipates its 2009 financial year profit to reach a record $19 million, a 55 per cent jump on the previous year.
China claims proof on Rio 'spy'; ANZ roasted on almonds; Firepower boss faces criminal charges; Stokes No 2 after fresh Packer raid; Thiess wins second big Gorgon deal
Xstrata's multi-billion dollar takeover bid for Anglo American could be over after leading institutional shareholders have reportedly turned down the nil-premium merger.
West Perth-based oil and gas explorer GB Energy has launched legal action against wave energy developer Protean Power and two of its directors over an earn in agreement.
West Perth-based Range Resources will go ahead with plans to raise $2.5 million which will be used to fund a new deal with a UK company over two oil and gas blocks in Georgia.
The state's unemployment rate has climbed to a seasonally adjusted 5.1 per cent in June from an upwardly revised 5 per cent recorded the previous month, the Australian Bureau of Statistics said today.
Chinese concede ore price cut; IMF raises its world forecast; Stokes linked to Packer raid; New pain for ANZ to top $300m; Canadian slap on wrist for Qantas
ADVANCED material and technology developer QuickStep Holdings plans to boost its presence in the global aerospace and defence markets with the commercialisation of its cutting-edge carbon fibre composite technologies.
PERTH accountancy firms are bulking up their businesses, in spite of the market woes, as a handful of new partners enjoy their first week sharing in the risks and rewards of their chosen company.
UP to 100,000 state government employees will continue to have access to a major superannuation tax break, as the rest of the population adheres to strict new laws.
IN 2006, I was present when the then opposition spokesman for agriculture, Gary Snook, launched his policy on the trialling of genetically modified canola at the Dowerin Field Days.
COPPER and zinc miner Kagara will add nickel to its base metals production portfolio with its Lounge Lizard project set to produce first nickel within the next couple of months.
WITH the global downturn having affected virtually all businesses regardless of sector, size or structure, service-oriented industries reliant on a buoyant marketplace have renewed their focus on key priorities and services to ensure survival.
