Million to face the dole queue; Clarke quits AMP's board; Laws force scrutiny of ability to repay loans; ASIC leniency for business failure; Allco crash blot dogs Eddington
Australia's consumer credit laws are set for an overhaul with the federal government today releasing draft legislation that looks to slash red tape for business and impose tougher penalties for irresponsible lending.
Sharp increases in oil and gas works will not offset WA's engineering construction activity which is forecast to fall 15 per cent over the next two years, an economic forecaster says.
Maddington company Coote Industrial Ltd and associated company Greentrains Ltd have negotiated related fund raising deals worth $8 million with Victorian Caterpillar dealer Dale Elphinstone.
Tap Oil says it will farm-out interests in some of its projects in order to boost its forward cash flow while it cuts its 2009 exploration expenditure by 65 per cent on the back of lower oil prices.
West Perth-based Target Energy has pointed to suitor Advance Energy's operational viability as it advises shareholders to take no action on a takeover bid.
Union Resources says it has secured a $4 million underwriting deal for a proposed rights issue with funds to support its takeover bid for Bonaparte Diamond Mines.
Judge slams deception by Hardie board; Fortescue ships out; Property group's earnings slashed; St Barbara shares plunge on production cuts, cost blowouts; Gindalbie boss 'embarrassed' over project approvals delay
Belmont-based Paladio Group has halted its national expansion plans to re-focuse on WA as former Multiplex director Geoff Allen and BOOM Logistics founder Bill Healy join the board.
More than 10,000 businesses in Western Australia are at a higher risk of experiencing financial distress within the next 12 months, a Dun & Bradstreet report shows.
Science and Innovation Minister Troy Buswell has urged the federal government to upgrade the broadband link between Perth and Geraldton to enhance the state's chances of winning the $2.5 billion Square Kilometre Array project.
Perth-based CityView Corporation says it will use the $14 million owed to it by Fortitude Minerals to buy an interest in a coal operation in South Africa.
The federal government's business investment stimulus is finally paying dividends with sales of new commercial vehicles in Western Australia rising 6 per cent in March, new figures show.
An understanding of core strengths and a simple business model are some of the tips the state's fastest growing companies say have helped them through a turbulent 2008, a new report has found.
Debt-laden agribusiness investment firm Timbercorp has today appointed voluntary administrators, prompting concern for the managed investment scheme sector.
Global rebound 'next year' - IMF; PM to raid nation's reserves; Rio's China deal will save jobs; Renewed talk for BHP bid for rival; Stokes sees $500m Telstra stake as 'safe investment'
ONLY 55 per cent of directors agree that their chief executive officer's remuneration package is appropriate, according to an Insync Surveys and Board Benchmarking study on remuneration.
AFTER causing a stir in the 1990s with his ANREPS business, real estate veteran Tony Wiles is aiming to shake up the industry again with a new venture, online auction site geewhizauctions.
AUSTRALIA'S major banks have sought to reassure the business sector they are willing and able to lend, despite a record decline in commercial lending over the past year.
MINER Mount Gibson Iron has emerged from a difficult December quarter to post a healthy start to 2009 despite the ongoing uncertainty in the iron ore market.
THE property industry has called on the government to offer further tax relief to stimulate the market, despite forecasts of a decline in property tax revenue as a result of the housing market downturn.
A PERTH-BASED inventor has used $80,000 in government grants and some of his own money to develop an award-winning safety line he says would be on the market by year's end.
