Asciano sell-off plan as debts bite deeper; Big Rio holder damns sell-out; Brains behind new Macquarie model; Miner puts 5000 jobs on the line; China spree puts heat on foreign investment rules
The state government will create a new director position to oversee the expansion of the Ord River irrigation scheme and associated community and social infrastructure in the east Kimberley.
Golden West Resources says it is not seriously considering iron ore offtake offers it has received from China, Korea and Japan as it waits to get "visibility" on port and rail infrastructure before pursuing an arrangement.
Transport Minister Simon O'Brien has revealed that the state government is seeking federal funding for transport projects in Perth and Port Hedland costing a total of $1.3 billion.
South Hedland is set for a revamp after the government announced it has allocated $23 million from the royalties for regions fund for a redevelopment plan.
The current backlog of ships has prompted grains handler CBH Group to implement a temporary system that will see grain marketers bid for shipping slots to export grain.
GORDON Martin may preside over one of Western Australia's leading private businesses, but it was his recent experiences in the public sphere that shaped his understanding of the current economic crisis.
Fortescue Metals Group has warned it could take at least a $US171 million ($A264 million) hit from suspended shipping contracts but says talks with Chinese entities for equity investment and a hybrid funding package are progressing.
Property developer Port Bouvard has described its interim results as "pleasing" despite posting a loss after tax of $1.2 million for the six months to the end of December 2008.
Atlas Iron says it has the opportunity to defer $20 million in mine establishment costs after it entered into a deal to access infrastructure that can support its Abydos iron ore project in the Pilbara.
The state government will spend over $100 million on new water infrastructure in Margaret River and surrounding communities while the Water Corporation will join forces with the locals to carry out an $800,000 water efficiency program.
The owners of the Dampier to Bunbury natural gas pipeline have taken direct control of asset management activities that previously were run by Babcock & Brown Infrastructure subsidiary Westnet Energy.
The owners of the Dampier to Bunbury natural gas pipeline have taken direct control of asset management activities that previously were run by Babcock & Brown Infrastructure subsidiary Westnet Energy.
Aquila Resources has partly resolved a dispute with its joint venture partner AMCI after both agreed on Anketell Point as the preferred port site for the West Pilbara iron ore project.
IT might be just a small tweak to the left, but the state government's decision to go ahead with an extension to the northern rail line is likely to change the face of future suburbs all the way to Two Rocks.
THERE'S not much talk of the global economic downturn or falling commodity prices when you listen to companies with an interest in iron ore mining and infrastructure projects in the Mid West region.
PRIVATE port consortium James Point is growing in confidence that its plans for an expanded outer harbour at Cockburn Sound will win government support.
The Chamber of Commerce and Industry of Western Australia today called for economic reform that will support local firms, encourage new investment and create jobs during the deepening global financial crisis.
The value of projects in Australia has declined by $37.2 billion since the September 2008 quarter, with new projects failing to replenish those being completed.
The Office of Energy has recommended a 55 per cent increase in small business electricity prices, even higher than the increase it proposed in a draft report released last year.
Treasurer Troy Buswell has flagged further cuts in government spending as ratings agency Moody's warns the state's AAA credit rating will be at risk should the budget slide into deficit.
