The Australian Securities and Investments Commission (ASIC) has taken action over the sales and debt collection practices of companies in the GE Money group.
Takeover target Midwest Corporation Ltd said today it was seeking to establish an acceptance facility for shareholders who want to accept Sinosteel's takeover offer but want protection from a cut in the price they receive.
South Perth-based Central Petroleum Ltd has released details of its $6 million fund raising via a pro rata rights issue to shareholders to address the dilutionary affect of a bond subscription deal with DB Zwirn Mauritius Trading No 3 Ltd.
Perth-based Quickflix Ltd has lodged its offer document with respect to a rights issue to raise $4.1 million to fund development of its national DVD rental business.
Alternative capital raising platform, the Australian Small Scale Offerings Board, has signed up Australian Securities Exchange-listed Ipernica Ltd as its second Western Australian accredited member.
Stan Perron is one of the state’s most successful entrepreneurs, having created an empire of immense proportions fuelled initially by his Toyota franchise and then iron ore royalties, and more recently by significant property assets and equities.
A new private-public partnership initiative launched last week that pools financial assistance from the state government and the private sector could inject $600,000 into Western Australia’s arts industry in three years, though the spin-off benefits could
Employers will have more influence over the content and duration of apprenticeships in their industry, if new legislation introduced by the state government is passed.
Despite an ongoing shortage of car bays in the Perth CBD, national parking operator Wilson Parking is reducing its footprint in the city, having failed to secure approvals from the City of Perth.
It may have missed this year's federal budget, but resource companies are hopeful Kevin Rudd's new federal Labor government will stick to its pre-election promise to deliver tax incentives in a declining exploration environment.
A largely hidden side of wealth creation is in the private sector, where successful entrepreneurs have built considerable businesses, in many cases with their families or over more than one generation.
Perth-based nickel miner Albidon Ltd could be in play as a takeover target after its major shareholder revealed plans to sell its blocking stake worth some $37 million.
Brisbane-based Bank of Queensland Ltd (BoQ) will be looking for as many as 30 people with banking experience to take on former Home Building Society Ltd branches as it sets about converting its newly purchased Western Australian operations into franchises
Construction and engineering firm Macmahon Holdings Ltd has launched a $446 million takeover bid for Canning Vale-based Ausdrill Ltd, a year after the drilling contractor revealed it had been approached by an unidentified suitor.
The Perth Convention Bureau has secured 10 conferences over the last two months that are expected to deliver over $26.4 million of deligate spending to the State.
New motor vehicle sales in Western Australia rose by 2 per cent in April, bucking the trend as higher interest rates and rising fuel costs saw national sales fall by 0.8 per cent seasonally adjusted, the Australian Bureau of Statistics said today.
Wave energy and clean tech developer Carnegie Corporation Ltd has raised $2.5 million through a private placement to institutional and sophisticated investors.
Epsilon Energy has entered a trading halt as shares in the Subiaco-based explorer skyrocketed by as much as 411 per cent in trade today, after an exploration target of 1 billion tonnes of iron ore was revealed for its Mardie project in the Pilbara.
Over two thirds of Australians expect to receive a pay rise this year, with one third claiming they will look for another job if their request is unsuccessful, a CareerOne.com.au survey says.
Macquarie's golden run finally falters; Reserve fuels rate rise fears; SMS sheds jobs, seeks capital after grant axed; Mitchell expands WA presence with $6.2m agency buyout; New Orbital chief to run a full review of operations
West Perth based Overland Resources Ltd has lodged a prospectus to raise $10 million, with funds being used to conduct a full feasibility production study at its Andrew Zinc Deposit in Canada.
Manas Resources Ltd, the spin-off company of Balcatta-based gold miner Perseus Mining Ltd, has launched a $6 million initial public offering to further its exploration efforts in the Kyrgyz Republic of Central Asia.
In a positive sign for the battered listed property sector, Perth-based developer and investment player Aspen Group, has launched a new property fund, seeking to raise $40 million.
The Home Building Society name will disappear from Western Australia, with the Bank of Queensland announcing it consolidate its local operations under its own brand name from June 2008.
West Perth based Atlas Iron Ltd is planning to begin operations and export of iron ore from its Pardoo Project in October, awarding Northern Territory based CDE Capital Pty Ltd the mining contract for the project.
