Market volatility is likely to impact Bunnings Warehouse Property Trust's earnings in the 2009 financial year as it reported a $39.3 million fall in the fair value of investment property portfolio, in contrast to a $167.9 million rise the previous year.
A hearing between Murchison Metals Ltd and Chameleon Mining NL is likely to be held early next year as the deadline for the second tranche of security for costs edges closer.
West Perth-based Hawk Resources Ltd will start trading as New Standard Energy Ltd tomorrow after finalising the acquisition of oil and gas assets in the Canning Basin.
Queensland government owned power generator Stanwell Corporation Ltd has taken a 19.6 per cent stake in Blue Energy Ltd after buying a parcel of shares from CVC Ltd for nearly $35 million.
West Perth-based Straits Resources Ltd subsidiary, Straits Asia Resources Ltd, has posted a 264 per cent jump in net profit for the first half of 2008.
The jobless rate in Western Australia has decreased to a seasonally adjusted 3.1 per cent in July while the national rate remained unchanged at 4.3 per cent.
West Perth-based Nkwe Platinum has signed exclusive option agreements valued at nearly $A14 million with global mining company Xstrata and Leederville-based International Goldfields Ltd over several African projects.
IT emerged from Western Australia in the 1980s to become one of the giants of national financial services wizardry, but the Asgard operation in Perth is slowly being whittled away, with owner St George Bank Ltd sending jobs to India.
The federal government's Productivity Commission has released its evaluation of the financial performance of 86 government trading enterprises across Australia.
Former academic Tim Atterton believes Australia's tax system sets up small business for failure in times like these by discouraging the retention of profits, distracting management and undermining strong balance sheets.
Many Western Australians, myself included, consider Ralph Sarich a household name, so I was surprised last week to discover that many people in Perth have little or no awareness of how he built his $1 billion fortune.
Boutique private equity firm InGlobo Asset Management Pty Ltd is looking for more acquisitions in the mining services sector after its debut purchase of Integrated Industrial Mining Supply Pty Ltd.
PearlStreet Ltd managing director Anthony Wooles has increased his interest in the company by buying 10 million shares valued at $3.3 million through a placement to director and allotment of shortfall
Increased building activity in Perth's suburbs will create more than 400,000 square metres of new office space over the coming years, as more tenants are pushed out of the traditional CBD and West Perth markets by record low vacancy rates.
The solar panel industry has challenged the federal government's claim of significant growth in solar rebate applications since its decision to means test the $8,000 rebate.
Ken Court left behind his chance to add large-scale steelmaking to Western Australia's repertoire in the late 1990s, but the enthusiasm for the Mid West story is still evident as he mulls over his attempt to create a value-adding resources empire.
THE board of uranium explorer West Australian Metals Ltd has undergone an overhaul after shareholders this week voted for the removal of director Terrence Shanahan and the appointment of three new dir
Following a win at the shareholders meeting earlier this week, Gary Stokes has been appointed as chief executive and managing director of West Australian Metals Ltd.
Cape Lambert Iron Ore Ltd has today completed settlement of the $400 million sale of its namesake project to China Metallurgical Group Corp as it receives the first payment of $240 million.
Wesfarmers has committed $4.5 million for the establishment of a new centre dedicated to boosting the number of cutting-edge medical research discoveries that go from the laboratory bench to a patient's bedside.
Billionaire Clive Palmer's Resource Development International Ltd has made a formal bid for Australasian Resources Ltd, which is set to play a key role in the mining of 20 billion tonnes of iron ore from the Balmoral tenements in Western Australia.
QRSciences Holdings Ltd has entered into a share exchange agreement with a United States company to sell its private arm that specialises in developing technology systems in a scrip and cash deal worth $A12 million.
Litigation funder IMF (Australia) Ltd will pocket over $3 million after conditional settlement was reached in the Shenton Park Retirement Village matter.
Perth-based Carnegie Corporation had been issued a five-year exclusive licence to identify suitable areas for a wave energy facility off Albany's coastline.
West Perth-based Uranium Equities has lodged a provisional patent application in the United States relating to the extraction of uranium from wet phosphoric acid.
Macmahon Holdings Ltd has jumped the gun in its takeover bid for Ausdrill Ltd, extending the offer period by one month and allowing Ausdrill shareholders the right to withdraw acceptances.
Perth-based specialist treasury systems provider CCK Financial Solutions Ltd has received a letter of intent from National Australia Bank for the purchase of the Guava Suite treasury management system.
Shares in Australasian Resources Ltd have been placed in a trading halt pending an announcement relating to the takeover proposal from billionaire Clive Palmer's Resource Development International Ltd.
