IN a bid to bring extra hotel rooms onto the market, a new study has highlighted investment opportunities in Perth's CBD by compiling a short list of commercial buildings suitable for conversion.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
AUTOMOTIVE Technology Group is pushing ahead with an aggressive global growth strategy despite the economic downturn and a struggling automotive industry.
HISTORY shows us that the disillusioned, the disenfranchised, the oppressed, the impoverished, the downtrodden will eventually turn on the society that spawned and then abandoned them.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
Western Australia's leading consulting engineers have expressed concern over the state government's capital works program, after a number of advanced projects were put on hold.
Directors Richard Monti and Geoff Brayshaw have been given a combined $30,450 worth of Poseidon Nickel shares in lieu of directors fees, as approved by shareholders at the annual general meeting.
WITH the takeover offer set to open shortly for Perth-based Pure Energy, managing director Steven Beardsall may be in for a nice cash bonus as he boosts his stake in the company.
Malaga-based Automotive Technology Group has expanded its presence in China with the signing of another deal with one of the country's largest car manufacturers.
Resource explorer Centamin Egypt has entered into an agreement with a syndicate of underwriters to raise $73 million through a share placement, with funds to be applied to the development of the Sukari gold mine.
A new survey of Australia's chief executives in the manufacturing, construction and services industries has painted a grim picture for 2009, with sales for all sectors expected to weaken as the country starts to experience a significant slowdown.
Perseus Mining plans to raise over $8 million through a share placement to fast track the completion of the feasibility study at its Ayanfuri gold project in Ghana and for working capital.
BHP Billiton has today announced plans to cut 2100 jobs in Western Australia as it suspends operations at its Ravensthorpe nickel mine indefinitely and scales back production at its Mt Keith nickel mine on the back of a falling metal price.
Wall Street plunged yesterday adding to losses from the markets' worst week since November 2008, as fears about the banking sector offset optimism surrounding the inauguration of US President Barack Obama.
Nickel miner Western Areas says it has probably recorded the lowest cash costs in Australia as production at its Flying Fox mine in Western Australia exceeded its yearly target.
The US sharemarkets were closed overnight for the Martin Luther King Jr public holiday, and no major local data was due for release on today, although the Australian dollar was expected to stay under $US0.6775.
West Perth-based oil and gas explorer GB Energy says it has the option to spend over $2 million to acquire a major interest in Protean Power which was developed a concept for a wave energy converter.
Shares in Balcatta-based Target Energy have fallen as the company withdraws from two gas joint ventures in the United States which is expected to save them over $2.5 million.
In what has been continuously described as a difficult market to raise funds, gold miner Avoca Resources has exceeded its $25 million capital raising target with stock issued at a slight discount to its share price.
Debt-laden Centro Properties Group completed a long-term refinancing agreement with lenders today, delivering its lenders 90 per cent of the company's equity and reducing pressure for asset sales.
Share bloodbath on fears of recession; Job losses send shares tumbling; Rio chairman takes fall for BHP bid debacle; CanWest may be forced to can Ten; Gillard defiant on jobs
OM Holdings says it has received overwhelming support from its shareholders for the introduction of Takeover Protection Provisions, which have been criticised by major shareholder Consolidated Minerals.
The $4 billion price tag for the Oakajee port and rail project is expected to come down as the global economic downturn lowers the price of iron ore and mining project deferrals free up contractors.
State government agencies have been ordered to slash advertising spend by 15 per cent and reduce the use of consultants by $5 million each year as the government undertakes a review into advertising and communications.
The effect of the global financial crisis is expected to become evident in coming months as Western Australia's December unemployment rate falls to a seasonally adjusted 2.8 per cent.
Wesfarmers set for storm; $60bn mining projects under threat; Argyle forced to axe 300 jobs; Telstra raises stakes with job cut plans; Write-downs weigh heavily on business
UK company Cape plc's acquisition spree in Australia in 2007 has continued to have extraordinary fallout, with three new competitors emerging in the scaffolding and formwork sector in Western Australia.
A DISASTER or a strong recovery - that's Martin Place Securities managing director Barry Dawes's each-way bet for what's likely to pan out in equity markets in 2009.
AS the state government conducts an audit on capital works projects worth more than $20 million in an effort to contain spending, a number of affected design firms have already started to count the financial costs, including redundancies.
AGRIBUSINESS Great Southern Ltd is pursuing alternative options, including the sale of assets, as received proxy votes indicate investors may not be willing to exchange their interest in plantation
TIGHT credit conditions significantly hampered commercial property sales activity in the Perth CBD last year, with the number of properties sold almost half that of 2007.
