ETS risks loss of Sunrise to Timor, warns Voelte; CBA faces $2bn debt threat; Jobs go in Westpac merger; States revolt over carbon plan; Shares dive as US shakes up financial bail-out
Outgoing Wesfarmers chairman, Trevor Eastwood has lashed out at the power of proxy advisers after the company's remuneration report received a majority of negative proxy votes prior to today's AGM.
The results of a broad review into the integrity of the temporary skilled migration program, known as the Deegan Report, has been released by Immigration Minister, Senator Chris Evans.
Legislation imposing permanent restrictions on short selling needs to pass parliament before it rises for the long Christmas break next month, Corporate Governance Minister Nick Sherry says.
Petrol price cut demand snubbed; Banks start to wield job axe; WA Opes Prime case could be waste of time, bank claims; ABC plea for new bank lifeline; Struggling Rick Hart owner looks at all options
Tanami Gold director Denis Waddell has increased his interest in the company by subscribing for 56.1 million shares in the company’s entitlement issue at a total cost of $280,400.
Property developer Nigel Satterley believes the Perth residential property market is virtually at the bottom of its downward cycle, with increases to the first home owners grant and the drop in interest rates injecting some stimulus into the market.
The Chamber of Commerce and Industry of WA has expressed concern that the fundamental strength of the local economy is being undermined by uncertainty and pessimism.
Perth-based engineering firm, GRD Minproc has been awarded an ore processing technology contract on the world's largest uranium deposit and a world scale copper and gold resource, BHP Billiton's Olympic Dam Expansion Project.
Analyst attack savages Asciano; Gillard widens childcare probe; More hurdles for Kimberley LNG plant; Jobs more important than credit rating - union; General Motors, AIG troubles spook sharemarkets
West Perth-based Iron Ore Holdings has discovered a new high-grade iron ore deposit at its 100%-owned Weeli Wolli Project near Yandicoogina in the Pilbara.
Timbercorp has revised its profit forecast from an estimated $57 million down to approximately $44 million following a review of its current projects and assets.
Alcoa has shelved the proposed expansion of the Wagerup alumina refinery in Western Australia, estimated to cost approximately $3 billion, amid weakening demand and volatility in financial markets.
Federal Treasurer Wayne Swan has defended Treasury's growth forecast, saying it does not conflict with more pessimistic predictions by the World Bank and the Reserve Bank of Australia.
Property prices in most capital cities including Perth have plummeted in the September quarter, with house and unit prices flattened or posting negative rates of return in the past 12 months.
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Perth-based Oroya Mining intends to raise over $1 million through a renounceable rights issue to continue it's exploration projects around the country.
Avalon Minerals is hoping to raise $2 million through the placement 20 million shares at 10 cents per share to progress drilling and feasibility studies at its flagship Viscaria Copper Project, located in Northern Sweden.
