TOURISM Minister Liz Constable has announced the state government's plans to ensure Western Australia's tourism industry rides out the economic downturn.
BAY View Terrace in Claremont has the highest suburban retail strip rents in Western Australia and the fourth highest in the Pacific region, according to a CB Richard Ellis report.
RESPONSIBLE for more than half of Australia's greenhouse gas emissions, the energy sector will be one of the biggest industries affected by the Carbon Pollution Reduction Scheme (CPRS).
Business and retail groups have welcomed the federal budget's plan to increase tax breaks for small business, a move that will encourage innovation, one group claims.
Shares in carbon offset specialists in Western Australia and Aviva Corporation have jumped after the budget unveiled a $4.5 billion Clean Energy Initiative, a move welcomed by the Chamber of Minerals and Energy WA.
There was little for resource explorers in the federal budget last night, with a lobby group saying the government missed an "excellent opportunity" to introduce an exploration incentive scheme which was a key election promise.
While the federal government's decision to invest in significant WA infrastructure projects has been welcomed, a business lobby group says the state's importance to the nation's economy has been undersold.
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If you want to see a balancing act, get involved in infrastructure in the Mid West. That is where billions of dollars of investment - the most important we are told for the next 50 years - relies on numerous stakeholders coming together.
A further $10 million will be added to the budgeted capital cost of Iluka Resources' $209 million Murray Basin Stage 2 project after unexpected plant delays push back the start up date.
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The state government will invest more than $260 million in the Kwinana power station as Verve Energy continues talks with a potential joint venture partner over the restart of the Muja AB station near Collie.
West Perth-based Galaxy Resources has selected a site in China for its proposed lithium carbonate plant that will process ore from its $68 million Mt Cattlin project near Ravensthorpe.
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Bunnings Warehouse Property Trust says it has received strong institutional backing for its capital raising, which will now raise a total of $150 million.
Federal Treasurer Wayne Swan has approved Anshan Iron and Steel Group Corporation's (Ansteel) $162 million acquisition of an additional stake in Gindalbie Metals.
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East Perth-based Fleetwood Corporation is vying for contracts with some of the state's major resource projects, submitting tenders for the Gorgon gas project and Gindalbie Metals' iron ore joint venture.
The implementation of an exploration incentive scheme for the resources sector could create over 4,000 new jobs and add $114 million to gross domestic product, a report has found.
The drop in Western Australia's jobless rate is not cause for celebration just yet with Premier Colin Barnett saying the state is not out of the woods while economists are treating it as a "rogue" number.
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MORE than two-thirds of Perth's CBD office stock will be below the federal government's new increased energy efficiency requirements, expected to be introduced in two years.
AS Western Australian wineries deal with the downturn, there is opportunity for operators to take stock of their business, focus on the areas that need attention and enhance their brand, their bottom line and their chances of survival.