Financial Services

Albidon has extended its trading halt as it waits on final approval from senior lenders and unsecured creditors over its funding package from Chinese company Jinchuan.

Takeover target Hannans Reward has requested the resignation of one of its directors after he accepted the Terry Streeter-backed Fox Resources' takeover offer.

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AN extensive upgrade of the road network around Perth airport is set to be Western Australia's biggest roads project over the next few years.

Colin Barnett has shuffled priority infrastructure projects in lieu of the fading economy, but will the changes made now secure WA's future or lead to further reprioritisation?

The knee-jerk response to executive bonuses is missing the real issue.

AUSTRALIAN women seem to be doing their bit to reinforce traditional stereotypes of financial irresponsibility, according to a global survey of women's financial independence.

MINING entrepreneur Terry Streeter has continued his aggressive sell down in Western Areas during a busy week involving a takeover and court action.

THE state government has moved on two of the largest hospital developments undertaken in metropolitan and regional Western Australia, with the commitment of more than $3 billion in health projects.

WESTERN Australia's leading business groups agree that the state requires a solid infrastructure strategy in order to correctly prioritise the state's key projects.

INITIAL understanding of coal seam methane (CSM) was as a dangerous by-product of underground coal mining.

A UNIQUE partnership between Shenton Park-based Dreamfit Foundation and Wesfarmers is enabling the two organisations to meet their respective staffing and recruitment goals.

Grain Coop CBH is at odds with the tax office.

HOPES of Perth throwing off its Dullsville tag once and for all have been dashed with the government's belt-tightening and its shift in priorities for key infrastructure projects.

Nickel company Australian Mines has negotiated a capital raising deal with Patersons Securities which will pave the way for the stock to be relisted after trading was halted six months ago.

Former Woodside Petroleum executive Erica Smyth will take over the chairmanship of uranium developer Toro Energy, after the resignation of founding chairman Dr Ian Gould.

Westpac has pipped BankWest as the bank having the most satisfied customers in Western Australia, a survey by financial ratings service Canstar Cannex has found.

Tolhurst Group has unveiled that its stockbroking business will be sold for some $2 million to Patersons Securities, in what is a dramatic fall on the value of the deal after it was revealed earlier this year.

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The state education department says it will not meet its 3 per cent budget cuts amid an influx of new students, teacher shortages and a forecast deficit of $50 million.

Deloitte has urged the federal government to adopt recent changes to US business policies that could throw a cash lifeline to struggling businesses during the current economic climate.

Fox Resources says it has received pre-bid acceptance commitments of nearly 19 per cent, several days after proposing a takeover bid for junior Hannans Reward.

Albidon shares have been placed in a trading halt as it scrambles to secure final funding approval from senior lenders and unsecured creditors or be placed in voluntary administration.

Subiaco-based IMX Resources has pocketed $6 million after selling its Four Mile royalty to Anglo Pacific Group.

Perth-based Berkeley Resources plans to raise $10 million with half of the funds to come from AIM-listed company Polo Resources.

The Brand Agency has been named advertising agency of the year, capping off a jam packed 2008 where more than $18 million of business was secured.

Global Construction Services has raised an additional $630,400 through its share placement and expects to receive a tax refund of $3.15 million after taking advantage of tax consolidation legislation.

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Western Areas chairman Terry Streeter has sold more than 2 million shares in the nickel miner, generating proceeds of over $7 million.

West Perth-based Otto Energy plans to raise $35 million with the majority underwritten by Euroz Securities and funds to be applied to the repayment of shareholder and director loans.

Paladin Energy has agreed to invest some $500,000 into junior explorer NGM Resources, which it says will kick-start its previous work on its Niger uranium projects.

The chairman of embattled nickel miner Albidon has warned the company may have to call in administrators on Monday if approval for a much needed funding deal does not come through.