THE Fremantle Hospital Medical Research Foundation has found a recession-proof way to raise funds in an increasingly difficult economic environment - lottery.
INVESTORS in listed equities are now asking how far the current rally on global equity markets can go and whether it is safe to entrust savings into those markets.
Stirling Resources has extended its financial relationship with Austrian commodities trader DCM DECOmetal, raising $10 million to acquire Matilda Minerals mineral sands assets.
Barra Resources will restart its Burbanks gold mine near Coolgardie within weeks after it struck new mining and profit-sharing deals with Kalgoorlie-based Mulgabbie Mining.
The state's racing industry authority has asked the government for support for its $56 million wagering tax bill as funds allocated to the industry fall by over $4 million for the 2010 financial year.
Perth company Plantation Energy Australia (PEA) has struck a $70 million, three-year deal with a Belgium-based power company to supply densified biomass fuel pellets.
Perseus Mining has confirmed plans it will raise up to $75 million in new capital with nearly half to be placed with institutions in North America and Britain.
South Perth-based Advanced Ocular Systems will resume trading of its shares in June after shareholders today endorsed a $22.5 million reverse takeover of International Formwork & Scaffolding.
Boom Logistics says it will further reduce employee numbers across all business units and sell 40 cranes as it revises down its full year net profit forecast from $29 million to $14 million.
Publisher West Australian Newspapers Holdings (WAN) has posted a modest rise in reported net profit for the March quarter but nearly all other performance indicators showed a major slump.
Reed Resources says it is looking closely at the assets of collapsed Windimurra Vanadium as a feasibility study pegs capital costs of its nearby Barrambie vanadium project at $629 million.
Redcliffe-based Coventry Group says it expects its net profit for fiscal 2009 to be "significantly below" the previous year as the global financial crisis takes its toll on its industrial products business unit.
Rio eyes a compromise; Credit cloud set to delay expansion of airport; House prices fall at fastest rate for 25 years; US order gets Austal back on course; Fortescue says no harm done over Chinese deal
House prices in Perth have dropped more than 3 per cent in the March quarter, suggesting activity in the housing sector may not be as strong as anecdotal evidence implies, economists say.
Perth-based Focus Minerals has completed the second part of its $28 million capital raising, with shareholders out in force for the $3 million share purchase plan.
Job advertisements in Western Australia have fallen more than 7 per cent in April while national figures fell for the 12th consecutive month, a survey shows.
A joint venture between NRW Holdings and VDM Group has won a $240 million contract from CITIC Pacific for work at the port area of the Sino iron project at Cape Preston.
Moly Mines says it is looking for projects with cash-flow potential to ease its debt pressures as a six-month deadline for a $US150 million ($A206 million) loan looms.
Engine technology group Orbital Corporation has entered a $2.4 million deal with a Chinese business to jointly develop a concept engine that will improve fuel economy.
Balcatta-based Videlli, formerly ERG, plans to delist from the Australian stock market to better focus on its Tcard project litigation in New South Wales.
Macquarie Group has posted a 52 per cent fall in annual profit - its first decline in 17 years - as chief executive Nicholas Moore takes a hefty 99 per cent pay cut.
China Nonferrous Metal Mining Group Co (CNMC) is set to gain control of Lynas Corporation, which holds a rare earths project in Western Australia, after striking a $505 million deal.
Banks ordered to pay $1.6bn in compensation; Macquarie set to raise $1.2bn; Alumina to tap investors for $1bn to ease debt risk; Turnbull sees red on Rudd China policy; Swan reveals $50bn budget revenue hit
Fortescue takes axe to $400m in costs; ANZ slumps on rising bad debt; Low rates boost WA housing market; Turnbull sets new ETS plan; Lower costs help nickel miners lift earnings
IF there's any upside to the current housing slump it would have to be the easing of several boom time pressures, such as labour shortages, input costs and time blowouts.
