BHP diverts from Rio market deal; ANZ ready for battle of merger ambitions; Tax Office widens blitz on executives; CBA plays follow-the-leader on fees; Surprise export rise trims deficit
Economic theorists can't be blamed for the global financial crisis and, for the situation to improve, we may have to start thinking about things in a radically different way.
INTERNATIONALLY embarrassing.Not the words any government would like to see used to describe the regulatory regime applying to their most important industry.
LISTED Perth property developer Cedar Woods Properties has smashed its forecast profit for the year, booking net earnings of $9.3 million for the 2008-09 financial year.
THIS year's City of Perth council election is looking like an increasingly open race, with current councillor Chris Hardy bowing out of contention after one term.
ONGOING growth in services exports has prompted business and industry groups to call for greater state and federal government focus on the trade opportunities available in the sector.
INVESTMENT in new infrastructure, and ensuring equitable and fair access to existing infrastructure are key issues that must be addressed if government is to encourage new mining investment, according to those at the WA Business News junior miners forum.
THE release of a report recommending tougher regulations concerning insider trading and director share trades has prompted an outcry from a group protecting directors' interests.
Despite the massive plunge in share values in recent months, many junior miners are once again optimistic about the future – provided government comes to the party.
CONSTRUCTION companies including industry heavyweight BGC have attacked the state government tendering process used to award hundreds of millions of dollars worth of work upgrading the state's primary schools.
THE Diggers and Dealers mining forum got under way this week in Kalgoorlie-Boulder with a blast of optimism from a renowned international economist, and the prevailing mood of the delegates reflected the buoyancy in the rising commodities sector.
A $5.7 MILLION research and development program launched in 2007 has paid dividends for Canning Vale-based Veem Limited, which won this year's Most Innovative Marine Industry Exported Product categ
The Western Australian Trade Opportunities Service is operated by the International Trade Centre of the Chamber of Commerce and Industry of Western Australia.
Sydney-based RIMCapital has written off its investment in unlisted company Yilgarn Infrastructure Ltd, which was the unsuccessful bidder for the development of the Oakajee deepwater port and associated rail project.
The Chamber of Commerce and Industry WA says it would be a "mistake" to abandon reform in the state's electricty market by re-amalgamating Verve Energy with Synergy.
South Korea's Samsung Corporation has agreed to invest $40 million to take a small direct interest in Perdaman Chemicals & Fertilisers' $3.5 billion Collie urea project.
Perth office vacancies worst in 17 years; RBS deal furthers ANZ's Asia push; Bankers punt on renewed appetite for IPOs; Avoca chief warns rival for Dioro is unproven; Rates on hold, but not for long
Moly Mines has warned its future depends on the success of debt restructure talks with its lender as project acquisition plans are put on the backburner.
The state government has conditionally agreed to build part of a major power line in the Mid West after it omitted the upgrade in this year's budget due to a substantial cost blow-out.
The state's resource companies have led a strong rebound in the Deloitte WA Index in the second half of the 2009 financial year, with the market capitalisation of stocks jumping 30 per cent in the June quarter.
Western Australians are a negative lot compared to the rest of the nation with nearly half responding to a home finance survey believing their property values will decline in the next quarter.
Chevron has taken the next step in its ambitious plans to become a major gas operator in WA, awarding the onshore front-end engineering and design contract for its $25 billion Wheatstone project to US company Bechtel Oil, Gas & Chemicals Inc.
