Wesfarmers Ltd's share price slumped today after it announced a 33 per cent increase in net profit for the year ending June 2008 of just over $1 billion but a fall in earnings per share.
'Game on', unions warn iron miners; Farmers want state to pick up WestNet; Jobs ditched as metal prices tumble; St George loses hope of higher bid; Ausdrill battle 'down to wire'
Fremantle's Queen Victoria Street has long been home to an assortment of car dealerships and retailers, but plans to allow high-density development along the strip could lead to a redevelopment of the entire area.
Vietnam was once billed as Asia's next economic tiger, but double-digit inflation, a ballooning trade gap, tumbling share prices and banking sector concerns have dampened expectations to a large degree.
There has been a dramatic changing of the guard in Western Australia's IT consulting sector, with one-time industry heavyweight Unisys suffering a big loss of contracts and staff over the past year.
Government involvement in the promotion of online business development should go beyond funding and reach more deeply into society, panellists at the WA Business News Online Business forum found.
Western Australia will need to make significant investments upgrading electricity infrastructure to meet the federal government's mandatory renewable energy target, as the true cost of the scheme begins to emerge.
The reporting season has kicked off with some cheery results from the likes of Bradken, WorleyParsons and United Group, setting a strong pace for the local profit season.
Straits Salt Pty Ltd has come out with all guns blazing in its appeal against the Environmental Protection Authority after its $200 million Yannarie Solar salt project on the Exmouth Gulf was knocked back.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resour
Perth fashion designer Aurelio Costarella has seen big changes during the past 20 years, with the sector overcoming its small town status to the point where it now attracts interstate and international interest.
Long-time State Scene readers may recall advice offered in this column to the Gallop government back in May 2002 on the best way to administer the then-emerging but now blossoming lobbying industry.
Reforms to the 457 visa scheme may have helped to alleviate the backlog of applications, but workers hoping to relocate permanently are facing longer waiting periods, according to data from the Department of Immigration and Citizenship.
The resources boom is helping to feed pay packets across Western Australia, with the state recording the highest increase in wages over the past year as average mining sector salaries pushed past $100,000 for the first time.
Opposition leader Colin Barnett has unveiled a $50 million plan to revamp Bunbury and surrounding areas and has reportedly flagged tax cuts for families and small businesses.
A mining representative body has called on the state's major political parties to form a single resources portfolio to address WA's declining exploration levels.
A fall in commodity prices and a rising Australian dollar have cut West Perth-based Kagara Ltd's earnings in fiscal 2008 by 28 per cent despite achieving record copper production over the year.
Perth-based wealth management company Plan B Group Holdings Ltd has posted an 11 per cent increase in net profit after tax to nearly $5 million for the 2008 financial year.
The falling Australian dollar could play out nicely for industrial company Schaffer Corporation Ltd which posted a six per cent increase in net profit to $11 million for the 2008 financial year.
Green likely to quit as B&B melts down; Woodside threatens to pass on proposed tax to WA households; Aussie John brokers deal with CBA; Strike threat looms over iron ore trains; Nickel price slide dampens BHP mine
Golden West Resources Ltd has hit back at Portman Ltd's criticism of its acquisition of iron ore tenements, using the latter company's recent purchase of prospective iron ore ground as ammunition.
A 74 per cent increase in sales revenue has reduced Osborne Park-based Advanced Braking Technology Ltd's annual loss for the 2008 financial year by $910,000.
Building materials supplier Boral Ltd's net profit has dropped 19 per cent, dragged down by an earnings loss at its US business while it reported weaker brick earnings in Western Australia.
The mining boom has lifted the earnings of South Perth-based Nomad Building Solutions by 48 per cent to $25 million as it forecasts a further increase of 34 per cent in profits for the 2009 financial year.
Redcliffe-based Global Construction Services Ltd has exceeded its own expectations in its annual report with its net profit nearly doubling for the 2008 financial year.
Balcatta-based metallurgical testing firm Ammtec Ltd has decided to offload its majority interest in a US-based company for $29 million as it revises its earnings forecast for fiscal 2009.
The Liberal Party has cheekily posted a call for the whereabouts of Energy and Resources Minister Francis Logan, who has been conspicuous by his low profile during the election campaign and the Varanus Island gas crisis.
Perth-based office equipment financing company ThinkSmart Ltd said it is on track to meet its full-year forecasts despite an adverse dollar, as it posts a 39 per cent increase in half-year earnings.
