THE development of so-called "main street" or strip shopping centres around the city has created another viable retail category outside of the traditional suburban and CBD shopping centres.
BUSINESSES in Western Australia spend proportionately more on research and development than their counterparts in any other state, the Australian Bureau of Statistics has found.
Perth-based Indo Mines has received government approval to develop its $870 million Jogjakarta liquid iron project in Indonesia, the first such approval granted to a foreign company in over 10 years.
Westpac Banking Corporation has cut its standard variable home loan interest rate by 65 basis points, while the National Australia Bank has lowered its rate by 62 basis points.
The Western Australian housing market has taken another hit today with latest figures showing building approvals falling nearly 14 per cent in September, nearly double that of the national trend.
Allco crashes under $1bn debt burden; Receivers to take over ABC Learning; White knight tip emerges in battle for Mt Gibson control; ETS modelling under fire; Telstra issue broadband ultimatum
Western Australia's business community will have the opportunity to ask the federal government questions regarding the financial crisis, as the Chamber of Commerce and Industry WA welcomed today's rate cut decision by the central bank.
CommSec is tipping a further interest rate cut of 25 basis points next month as the central bank today slashed rates by a bigger than expected 75 basis points, a move welcomed by various lobby groups across the country.
Western Australian businesses spend more on research and development as a proportion of gross state product than business in any other state, according to data from the Australian Bureau of Statistics.
The Commonwealth Bank of Australia is the first bank to pass on some of the central bank's rate cut, lowering its standard variable home loan rate by 58 basis points.
The takeover tussle for Incremental Petroleum Ltd could be extended after the corporate watchdog asked bidder Cooper Energy Ltd to extend its deadline that it thought was final.
Delay carbon plan, warns RBA director; Hundreds of jobs go as crisis hits miners; Stamp duty slump hits state budgets; Housing, retail downturn boost case for rate cut; China demand slowing, admits Rio
Australian executives are expecting further economic turbulence in the New Year as credit market conditions, a volatile Australian dollar and inflationary pressures impact profit and investment prospects for 2009.
Gindalbie Metals Ltd plans to raise $162 million through a share placement to Chinese project partner AnSteel to cover its final payment towards the $1.8 billion Karara iron ore joint venture.
Western Australia has recorded the biggest drop in newspaper job advertisements for October, in line with the national decline as firms shied away from hiring staff in a slowing economy, a survey says.
Talks start on WA uranium mining; China output slows as exports fall; Vale set to slash iron ore output; Jobs to go as squeeze hits car dealers; Unions shape up for Telstra strike action
The Western Australian housing market is tipped to bottom out this December quarter as new homes sales during September jumped 19.5 per cent, however Perth remains the worst performer in property values.
Westpac outshines its rivals; RBA plays down fears of recession; Wesfarmers seeks €3b to cover Coles debt; Miners pull projects as prices drop; Bills go up $365 as LNG hit hard
The Chamber of Commerce and Industry WA and the Chamber of Minerals and Energy say the federal government's economic modelling of its proposed emissions trading scheme has confirmed their concerns about the scheme and its impact on the state.
Early action to tackle climate change will reduce gross national product by just a tenth of a per cent a year, with the economy continuing to grow strongly, the federal government says.
Treasurer Troy Buswell has approved a continuation of the costly Office of Shared Services project but has placed it on notice that remaining implementation and budget targets must be strictly adhered to.
Minara paints grim picture as it seeks $210m; PM's investor rescue plan gets the thumbs down; WA seeks federal backing for port; Watchdog clears Stokes' Seven for a 'hypothetical' tilt at WAN; Shareholders shirty as pub group misses forecast
WHILE much of the focus on the new state government’s advisers has been on the newcomers from Canberra, most of the key players are locals, many with experience from the previous Liberal government of
IF media attention and headlines are anything to go by, then Brendon Grylls is very much the most influential of the new ministry surrounding Premier Colin Barnett.
