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 ind
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.
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.
The decision by three non-executive directors – chairman Peter Mansell, Jenny Seabrook and Mel Ward – to quit the board of WA’s biggest publisher en masse should not be a surprise.
Receiver Ferrier Hodgson says it has started an urgent assessment into miner CopperCo, which stunned the market last week after appointing administrators.
The state government has lived up to an election promise to boost funding for the Royal Flying Doctor Service, announcing today that it would provide an extra $29.9 million from its Royalties for Regions scheme.
The National Australia Bank is urging Western Australian business owners to not become complacent about the future after a survey found 87 per cent of owners did not have a business plan.
Paladin Energy has proposed an $18 million all-scrip takeover for Perth-based Fusion Resources, in a move that will expand the uranium miner's land holding in Queensland.
The central bank's rate cuts may be welcome news for first home buyers but more needs to be done to entice other buyers into the market, a Western Australian builders group says.
Swiss trading giant Glencore International will increase its stake in Minara Resources to over 70 per cent after subscribing to a shortfall of shares in the Perth firm's $210 million capital raising.
Investors have reacted negatively to the Reserve Bank's 100 basis point rate cut, with a benchmark index taking a hit shortly after the rate reduction was announced.
The Commonwealth Bank of Australia and the National Australia Bank have been swift in their response to the central bank's 100 basis point cut, passing on the full reduction to their customers.
Wesfarmers finance director Gene Tilbrook has decided to step down from the company after 23 years of service, with Terry Bowen appointed as his replacement.
Housing starts in Western Australia are forecast to be weaker for a third straight year in fiscal 2009, with numbers to drop by 16 per cent, the Housing Industry Association WA Outlook says.
Billionaire Clive Palmer is set to take control of Toronto-listed Waratah Coal, after the company accepted a revised offer by his private company Mineralogy.
Perth-based CityView Corporation has terminated an underwriting deal for a $6 million capital raising after learning its underwriter was not appropriately licenced.
Atlas Iron has appointed independent non-executive director Geoff Clifford as chairman of the company, taking over from David Nixon who was ousted at the company's annual general meeting.
