Banks agree to extend Centro's $5bn debt; CBA seeks $2bn in late dash for cash; Industry revolt on green plan; Telstra hit again; Burrup counts the cost as gas supply comes back on stream
US stocks soared on Tuesday as investors cheered the Federal Reserve decision to cut its key rate to near zero and its pledge of more steps to revive economic activity.
The Department of Treasury and Finance is set to take on more responsibilities as the Department of Housing and Works joins the list of government agencies to be split.
The state government will inject an extra $400 million over the next four years into the royalties for regions scheme as the policy that tipped Premier Colin Barnett into power is officially launched today.
Western Australian borrowers are going back to basics when choosing a loan to finance property, with basic variable loans surging 2 percentage points to 36 per cent and variable loans representing 80 per cent of all loan approvals.
Gas giants win millions in carbon scheme compo; Telstra barred from broadband; Investors on edge as Centro talks drag on; Mine exports slashed by $30bn; Property slump is building
The federal government's white paper on emissions targets has received mixed responses from lobby groups and companies across the country, while one of the loudest critics of the scheme keeps relatively quiet.
West Perth-based Red Hill Iron says it will review its legal options over its participation rights to share in port and rail infrastructure of the West Pilbara iron ore project, spearheaded by Aquila Resources.
Western Australia's economy is expected to slow by almost 40 per cent in 2008/09 and nearly 50 per cent the following financial year as the fallout from the global financial crisis impacts the state and demand for resources commodities wanes.
Mining and market groups have called the federal government to fast track the implementation of its promised investment incentive scheme that is expected to encourage mineral exploration.
The state government has confirmed that the University of Western Australia will be the headquarters of a new $20 million radio astronomy research centre that is designed to help WA win the $2.5 billion Square Kilometre Array project.
The weaker Australian dollar is expected to provide a buffer for Australia's commodity export earnings, which is forecast to drop by over 10 per cent for the 2009 financial year.
Manganese miner OM Holdings has revealed it has suspended shipments at a loss of over $12 million in response to weaker market conditions, which has also prompted a 30 per cent cut to annual production next year.
Premier takes on Mid West port push; Barnett says power merger has merit; $1.4bn to soften pain of carbon trading scheme; Arabs in multi-billion plan to buy WA farms; Up in smoke - share funds set for worst year on record
Premier Colin Barnett says he is "thrilled" with a federal government infrastructure package, which includes $195 million for the Ord River Irrigation Scheme but has very limited contributions for other projects in Western Australia.
Western Australia has received little in the federal government's $4.7 billion nation building package designed to help combat the affects of the global financial crisis, receiving a total of $318 million.
Sinosteel losses shut Rio mine; Investors hail Rio's cost cuts, asset sales; Christmas tax break for small businesses; No relief in sight as China dips; Shire planner reject Smiths Beach project
A social housing taskforce is to be established to review the acute shortage of public housing in Western Australia and to come up with innovative strategies for addressing the problem.
Shares in West Perth-based Bass Metals have jumped as high as 40 per cent today after it reached agreement to buy the Hellyer processing plant from Intec for $4 million.
Air New Zealand has taken a major stake in Perth-based leisure technology firm V Cubed, with the two companies to establish a joint venture to launch V3's tourism booking exchange in New Zealand.
WA set for slowest growth in a decade; Battle on electricity pricing; New hope of economic recovery; Company tax may be cut in Henry review; More cash for ABC Learning
THE collection tins will come out during the lead-up to Christmas with almost every charity, benevolent institution and not-for-profit organisation asking the haves to donate to the have-nots.
THE recruitment industry is anticipating increased demand for its services as the global economic crisis forces companies to slash jobs and laid-off employees seek professional agencies to resume employment.
YOU don't have to be a Rhodes scholar to understand that, over the past 12 months, global financial markets have experienced some of the most severe and destabilising events ever seen.
AGRICULTURE and Food Minister Terry Redman met Malaysia’s Minister for Agriculture and Agro-based Industry, Dato Mustapa Mohamed, in Perth last week to discuss expanding the livestock trade.
RON Manners remembers getting his first glimpse of what free-market thinking was all about as a youngster in Kalgoorlie, unpacking parts and machinery that arrived from the US.
BUSINESS confidence in Western Australia has hit record lows as the global economic uncertainty starts to impact owners, two separate surveys have found.
