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
The recent decision by two of Western Australia's microbrewers to sell up could present growth opportunities for the industry's remaining players, according to Gage Roads CEO Nick Hayler.
The Australian Competition and Consumer Commission has been forced to take a tougher stance on accepting undertakings during mergers following examples of businesses acting in bad faith, commission chairman Graeme Samuel said last week.
A number of mining services companies have posted record profits for 2007-08, reinforcing the state's position as an emerging global centre for high-calibre mining services companies.
Perth-based agricultural investment manager Great Southern Ltd has announced a major restructure of its business that would involve the company raising $438 million by buying out the interests of investors.
Whether or not you are a fan of the Olympic Games, this wonderful event does highlight the competitiveness of nations, exposing what can be achieved by investment of resources and exploitation of natural advantages.
Liberal Party leader Colin Barnett's commitment to increased education spending was one of the few standouts in the third week of the state election campaign, which has continued to be a lacklustre affair.
He's worked as a lawyer, played Australian rules football at the highest level, and has spent the past 20 years as a trade commissioner and private consultant helping Western companies do business in China.
Rio Tinto Ltd, the world's third largest mining company, has forecast higher prices for the company's core commodities of iron, alumina and copper after delivering a record first half profit.
Parochial investors who put their money into Western Australian stocks have just experienced their worst year in nearly a decade, judging by the results of WA Business News' annual total shareholder return survey.
Despite the downturn in the residential property sector during the past eight months, three Western Australian developers have posted increased profits for the year to June.
Kwinana-based engineering and fabrication company Ausgroup Ltd has reported a fall in annual profit despite achieving a big increase in revenue and having a record order book.
Investors trying to pick the next big thing in the resources boom poured their money into a diverse group of Western Australian companies last year, including iron ore, coal and phosphate stocks.
