A crane has failed during a maintenance operation at Wesfarmers' Curragh coal mine in Queensland causing major structural damage and leaving one worker injured.
Economic forecaster BIS Shrapnel says the Australian economy will not fall into recession, despite the dismal growth in real GDP in the September quarter.
Tax board targets GST red tape; Oil price plunge alarms OPEC; Iron contracts in jeopardy; Spanish airline a barrier to Qantas merger; Garnaut warns - don't go alone
A company with an indirect interest to Western Areas chairman Terry Streeter has pocketed nearly $2 million from the on-market sale of the miner's shares over the past four days.
Perth-based CityView Corporation is facing a shareholder revolt with a group using the internet to express their concern over chief executive Mark Smyth and his management of the company.
Atlas Iron has celebrated a milestone at its Pardoo iron ore project in the Pilbara with the shipment of first ore through Fortescue Metals Group's Herb Elliot port.
Mining services company Mineral Resources has secured a pipeline contract with Brunei Shell Petroleum as it announced a share buy back scheme in a bid to boost shareholder value.
Perth-based Bunnings Warehouse Property Trust says it is continuing negotiations to extend a $100 million facility as it acquires a store and wraps up the construction of another on the east coast.
Business confidence in Western Australia has hit record lows as the global economic uncertainty starts to impact owners, two separate surveys have found.
Almost one third of Western Australians will buy a property before 2009 is over despite the current financial conditions prompting many people to revisit their financial plans, a survey has found.
Perth-based Pacific Energy will pay $77 million in cash and scrip to acquire Kalgoorlie Power Systems, which owns a suite of power stations in Western Australia and the Northern Territory.
Western Australia has suffered the nation's biggest drop in confidence among small and medium enterprises, according to the Sensis Business Index for November.
Engineering and infrastructure firm GRD will be hit by a significant one-off charge after agreeing to sell its loss-making Australian waste treatment facility in a bid to boost its financial position.
Recession looms as growth drops close to zero; Listed WA companies drop $17bn; Hostile opposition to Qantas changes; Rudd plots bankroll plan; Varanus gas explosion rocks national accounts
A GROUP of the state's big gas users have called on government to adopt a fiscal incentive package that will encourage domestic gas supply and reduce the current focus on liquefied natural gas (LNG) exports.
THE global credit crunch has made a significant dent in Perth's commercial and retail sales for the year to November, with total sales value down 26 per cent on last year.
Wesfarmers Ltd managing director Richard Goyder has boosted his stake in the company by 220,884 shares valued at almost $4 million through an on-market acquisition by the trustee of the plan on behalf
THE Australian share market finished November on a positive note, buoyed by bargain hunters snapping up shares in BHP Billiton and Rio Tinto, two days after the $100 billion takeover dissolved.
REMUNERATION packages for the non-executive chairmen of some listed companies in Western Australia continue to attract attention, with significant fees outlaid to keep these part-timers at the head of their respective tables.
THE Australian share market closed around 2.5 per cent weaker despite gains in resource giant BHP Billiton and a positive lead overnight from Wall Street.
TWO separate reports on the state's housing sector have painted another soft year as rate cuts and stimulus packages fail to resurrect the weakening industry.
HOW much is too much when it comes to executive remuneration, especially bonuses and termination payments? This is the vexing question that's challenging the investment community more than ever before, as the market slide makes it a widespread issue rathe
THE boom conditions in the resources, property and stockbroking sectors last financial year enabled nearly 20 Perth executives to earn cash bonuses of more than $500,000.
AN interest rate cut by the central bank failed to stem falls on the Australian share market, which closed 4 per cent lower after taking its cue from weaker global bourses.The benchmark S&P/ASX200
Wesfarmers Ltd managing director Richard Goyder has boosted his stake in the company by 220,884 shares valued at almost $4 million through an on-market acquisition by the trustee of the plan on behalf
THE ASX 200 Index is currently trading with a trailing price to earnings ratio of less than eight times historical earnings, while consensus estimates for the 2009 financial year earnings place the index on a forward multiple of 10.
