Ausdrill Ltd has rejected Macmahon Holdings Ltd's increased takeover offer, saying the new bid represented less value for shareholders than the original offer.
Balcatta-based debt collection company Repcol Ltd has reported a $3 million net profit for the 2008 financial year, helped by a tax refund and the restructuring of its business.
Perth-based wealth management company Plan B Group Holdings Ltd has posted an 11 per cent increase in net profit after tax to nearly $5 million for the 2008 financial year.
The suburbs of Pepppermint Grove, Nedlands, Cottesloe and Cambridge have been ranked in the top 25 areas to live in, according to BankWest's inaugural Quality of Life Index.
High profile Western Australian director Tony Howarth has been appointed deputy chairman of Bank of Queensland, which announced a series of board changes today.
The falling Australian dollar could play out nicely for industrial company Schaffer Corporation Ltd which posted a six per cent increase in net profit to $11 million for the 2008 financial year.
Green likely to quit as B&B melts down; Woodside threatens to pass on proposed tax to WA households; Aussie John brokers deal with CBA; Strike threat looms over iron ore trains; Nickel price slide dampens BHP mine
Golden West Resources Ltd has hit back at Portman Ltd's criticism of its acquisition of iron ore tenements, using the latter company's recent purchase of prospective iron ore ground as ammunition.
A 74 per cent increase in sales revenue has reduced Osborne Park-based Advanced Braking Technology Ltd's annual loss for the 2008 financial year by $910,000.
Newcrest Mining Ltd has revealed the state's gas crisis has cost the company nearly $10 million as gas supply at it Telfer gold operation in Western Australia returns to normal.
Building materials supplier Boral Ltd's net profit has dropped 19 per cent, dragged down by an earnings loss at its US business while it reported weaker brick earnings in Western Australia.
PharmAust Ltd’s wholly owned subsidiary Epichem Pty Ltd has secured its largest single contract to date, a $3 million agreement with Swiss-based Drugs for Neglected Diseases initiative.
International Goldfields Ltd has stepped up negotiations on a potential merger with West Perth-based Nkwe Platinum as representatives from both companies meet in London.
BHP throws WA port expansion into doubt; Babcock board under siege as power drains away; ASIC moves dog Forrest and Fortescue; Burston takes sudden leave of Cape Lambert; Alinta, BankWest sales loom as parents scramble for cash
Cape Lambert Iron Ore Ltd chairman Ian Burston has stepped down as the company steps up evaluation of new acquisitions following the $400 million settlement of its namesake project.
Redcliffe-based Global Construction Services Ltd has exceeded its own expectations in its annual report with its net profit nearly doubling for the 2008 financial year.
South Perth-based bamboo flooring products company Style Ltd is urging shareholders to vote against resolutions to oust two of its directors put forward by stakeholder Merim Pty Ltd.
Perth-based green energy company Eden Energy Ltd is set to receive a $5 million cash injection from a Mumbai-based company as both companies look to form a series of joint ventures.
The sale of mining services group Surtron has boosted West Perth-based Imdex Ltd's earnings for the 2008 financial year, jumping by 137 per cent to $32 million.
Fears grow of an end to boom; CBA could move on BankWest; Territory claim in jeopardy; BHP iron ore port expansion plans face investor scrutiny; LNG prices tipped to rise 80%
Kalgoorlie-Boulder Resources Ltd has entered into a $3 million scrip deal to acquire private company Matsa Resources Pty Ltd which holds interests in projects in Western Australia and South East Asia.
Companies with an indirect interest to Western Areas NL chairman Terry Streeter have spent nearly $7 million buying shares in the miner over the past two days.
West Perth-based Lonhro Mining Ltd will sell its stake in a South African diamond mine for over $15 million in a bid to focus on its flagship Lulo project in Angola.
QBE to buy PMI for $1.03bn; ASX poised to retain market watchdog role; Leighton lifts earnings in resources boom; Fortescue's Pilbara expansion plans spark raising mission; ASG proves resources boom is not only WA money spinner
HBOS, the UK parent of BankWest, has reportedly confirmed it will axe 425 jobs and close one of its five mortgage brands to new business in order to cut costs.
A legal technicality and market volatility has put a stop to TheBuzz Corp Pty Ltd's $5 million capital raising, with the Nedlands-based telecommunications company forced to change its plans.
Despite volatility dogging the markets since its debut on the ASX earlier this year, Perth-based investment company OzGrowth Ltd has posted a net profit of nearly $5 million.
Perth-based Stirling Products Ltd has acquired the worldwide licensing rights for the product PetQuench with sales expected to be in excess of $25 million over the first five years.
In what is its final step in transforming itself into a fully fledged resource company, former satellite communications stock Comdek Ltd has proposed a name change and a $12 million share placement.
