Darrel Jarvis remains a believer in the Palandri wine business which he has sought to resuscitate with Chinese backing, blaming the high gearing levels created by the group’s finance division for its collapse.
Debtor finance company Scottish Pacific Benchmark has hailed the strong growth of international factoring, based on figures released by the global cooperative Factors Chain International.
A new phrase entered the Australian business lexicon when Perth company directors Rick Crabb and Gillian Swaby lodged substantial shareholder notices with the Australian Securities Exchange this month.
The Western Australian business world was given a stark warning on April 17 about the uncertainties regarding climate change and what a carbon-restrained world means to Australia.
The search for new office space, combined with a director’s retirement plans, were two triggers for the merger between McKenna Hampton Insurance Brokers and Centro Insurance and Risk Managers, which will come into effect from July 1.
If recent trends in London and New York are any guide, more Australian lawyers could be following the likes of Tim Lester and Heath Lewis back to Perth.
It’s the kind of story that would be big news in so many places.
A couple of boffins come together with a pair of money men, see a gap in the market, and set up a business.
The inaugural Australian PricewaterhouseCoopers Transparency Awards were held in Sydney last week, recognising the best-reporting not-for-profit organisations in the country.
Seven Network Ltd owner Kerry Stokes has failed in his bid to oust the board of West Australian Newspaper Holdings Ltd, with proxy votes narrowly in favour of the incumbent directors.
$742m US deal saves Groves' ABC; Atlas lifts iron ore targets in bid to cash in on price boom; Insurance delay may penalise investors; Forrest loses tax fight over payout; Wesfarmers face uphill struggle to boost Coles, say analysts
Embattled childcare provider ABC Learning Centres Ltd has finally secured a deal to sell 60 per cent of its US business to Morgan Stanley Private Equity.
Spotless Group Ltd expects to despatch a bidder's statement tommorow, and formally present its takeover offer to Programmed Maintenance Services Ltd shareholders.
Atlas Iron Ltd has resolved to raise up to $100 million through the issue of up to 50 million ordinary shares at an issue price of $2.00per share to clients of Hartleys Limited and existing major shareholders.
Perth-based seafood processing company GSF Corporation Ltd has announced that it has been unable to complete the acquisition of Londoloza Resources Corporation from the vendor Msasa Ltd.
Perth-based Boss Energy Ltd has been forced to dramatically revise its rights issue in the wake of the Opes Prime collapse, which has put its share price under considerable pressure.
GRD glosses over rejection of Transfield bid; Macarthur soars on bid talk; $2.6b issue positions Wesfarmers for deals; McMahon waits to see how far down there Cazaly stock falls; New Sydney chief for listed law firm
Nedlands company Advanced Share Registry Services Ltd has launched a $5 million initial public offering to expand the share registry business that operates under the same name.
Perth-based uranium exploration company Fission Energy Ltd has signed a sale and purchase agreement to acquire 100% of the issued capital of Meteore Metals Ltd, for $8 million.
Subiaco-based Batavia Mining Ltd has signed a Letter of Intent to sell its Gullewa tenements, located east of Geraldton in the Yilgarn Goldfields, to Toronto Stock Exchange listed company, ATW Venture Corporation.
Subiaco based Midas Resources Ltd aims to raise $3 million through a renounceable rights issue to continue the company's active exploration programs and for working capital.
Opes Prime administrators probes Merrill mistake; BHP and Rio go in hard on spot prices; Crean may open doors to Chinese money; Goyder poised to unveil debt rejig; Fong forced to postpone listing of metals explorer
Balcatta-based ticketing company ERG Ltd plans to sell half of its business to its major shareholder and lender after reporting a $104.7 million loss for the half year to December 2007.
The directors of West Perth-based Universal Resources Ltd have approved the development of the company's Roseby Copper project, subject to successfully raising around $230 million and gaining governmental approval.
West Perth-based biodiesel company Australian Renewable Fuels Ltd has concluded a purchase term sheet for the supply of biodiesel to a Western Australian resource company.
West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.
