Job fears grow, but unions want more; Non-bank lenders hurting; Miners tear into ETS proposal; BHP, Rio face $2bn iron threat; Qantas plays down BA merger
Australian companies are still chasing growth opportunities despite the global economic downturn and a dive in consumer spending, according to Ernst & Young research.
Subiaco-based Chrome Corporation is seeking to have its self-imposed trading halt lifted following an announcement from the company about the sale of its 74 per cent interest in a South African chrome project for $41 million.
Oil and gas producers Apache and Santos have officially deferred development of the $900 million Reindeer gas project, as forshadowed last week in WA Business News, with engineering company Clough likely to be the biggest loser.
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
ENVIRONMENTAL performance bonds may be emerging as the latest source of angst for junior explorers and local miners, as tougher banking regimes and rising costs create a new hurdle to business in the minerals sector.
We're really excited. There is so much on offer in Melbourne. You've got the spring racing carnival, F1 racing, the Australian Open, not to mention all the bands and live music.
THE chief executives of many of Western Australia's largest companies enjoyed substantial increases in guaranteed base income during the past financial year.
THE Commonwealth Bank of Australia is urging small business owners to take stock of their finances and monitor cash flow as the usually busy summer period gets off to an unseasonably slow start.
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.
