Two more rate cuts tipped by year's end; Libs say WA lost gas deal; Short shrift from Fortescue; Labor reveals polling 'shock' as major parties vie to be underdog; Chinese move on uranium
The battle between Oil Basins Ltd and Buru Energy Ltd, a spin-off from the merger of ARC Energy and Australian Worldwide Exploration, has heightened following a force majeure declaration over the Blina Back Reef Play joint venture.
The final outcome from the Golden West Resources Ltd extraordinary meeting will not be known for another two weeks, with a Federal Court judge today reserving his judgment.
There has been mixed reactions to the Reserve Bank of Australia's widely expected rate cut with most welcoming the news but others critical that it doesn't go far enough.
West Perth-based Azure Minerals Ltd has fallen short of its targeted $3 million capital raising with shareholders subscribing up to $1.3 million worth of shares through a share purchase plan.
Perth-based CO2 Group Ltd will shortly move to acquire the remaining shares in private eucalyptus planting firm The Oil Mallee Company of Australia Ltd, just a month after launching the takeover offer.
Perth-based CopperCo Ltd will move to acquire the remaining shares in investment house Mineral Securities Ltd after emerging with a 94.7 per cent stake following the close of its takeover offer.
BHP bid seen as a brake on Rio's expansion plans; Wong rebuffs business on emissions; Qantas handed warning on safety; Sage, Evraz at loggerheads; St George undervalued: investors
Oil and gas explorer Buru Energy had a positive start to trading on the ASX today, with its stock rising as high as 34 cents before closing at 30 cents.
Perth based Amcom Telecommunications has cleared a major overhang from its share register after Futuris Corporation agreed to sell its 50 per cent stake to a range of institutional investors.
A strong all-round performance in supporting small business clients has seen ANZ Bank take out the first-ever best value national award for small business banking, given by premier financial services research company CANNEX.
Western Australian publishing company, Aspermont, has recorded a net profit of $2.3 million for the year ending June 2008 and anticipates further growth after its recent $21 million acquisition of Mining Communications Limited (MCL).
Credit crunch strips $12bn out of profits; Liberals oppose BHP merger; Big supermarkets face ban on buying rivals; Fairfax journos return as bosses drop threats, offer pay rise; RBA cut to boost economy
Como-based construction company Forge Group Ltd has posted a 121 per cent jump in net profit after tax of $6 million in its first full year as a listed entity.
Investor Duncan Saville's Ingot Entities has agreed to buy embattled ticketing company ERG Ltd which today posted a net loss of $103 million for the 2008 financial year.
Despite a volatile market in the second half of the 2008 financial year, the full year net profit in construction company Diploma Group Ltd has soared over 290 per cent, boosted by the early settlement of the Probuild joint venture agreement.
Welshpool-based mining services company NRW Holdings Ltd has forecast a profit growth of at least 15 per cent for the 2009 financial year, as it today reported a 137 per cent jump in full year net profit.
Western Australia has recorded the largest fall in new home sales for the July month as the property market across the country continues to struggle with high interest rates and a slowing economy.
Panoramic Resources Ltd has followed the trend of its fellow nickel miners, today posting a 40 per cent fall in full year net profit to $53.3 million on the back of lower commodity prices and higher operating costs.
Gas market faces ACCC shake-up; B&B plans sell-off of fund rights in cash hunt; $100bn show of investment confidence; AMP spells out risk as profit dips; Fairfax journalists strike over job cuts
West Perth-based gold miner Dominion Mining Ltd has booked a full year net profit after tax of $33.4 million net profit, down 35 per cent from the previous year's result of $51.7 million.
Babcock & Brown Communities Group and Babcock & Brown Wind Partners Group, which both hold assets in Western Australia, have reported skyrocketing full year net profits today.
West Perth-based minerals explorer Altera Resources Ltd is set to change its focus and board after entering a $10 million scrip deal to acquire Clean Global Energy Pty Ltd which has access to intellectual property for underground coal gasification.
A loss in property revaluations has taken the shine off an increase in retail sales for Bedshed owner Joyce Corporation Ltd, which posted a net profit fall of 34 per cent for the 2008 financial year.
A loss of over $9 million from its waste renewable division has impacted Perth-based engineering company GRD Ltd’s half-year earnings, which slumped to a loss of $438,000.
Australia's top companies are failing to follow global guidelines on bribery and corruption reporting and fall short of world's best practice, according to research by the Association of Chartered Certified Accountants and Net Balance Foundation Ltd.
Families to carry gas firm's $2.5bn tax; Investors take flight amid doubts over Macquarie's model; Westfield's big year ahead; Premier admitted to uranium compo risk; Asset sales to the rescue as GPT reports huge plunge
