The Prater-Wheatley family has received a double boost from Eagers Automotive, which disclosed it made $12 million in rental payments last year for properties owned by the Perth ‘rich listers’.
Coles has reported a 3 per cent drop in profit in the first half of the 2024-25 financial year, but received a sales boost during staff strikes at rival Woolworths' operations.
Flight Centre Travel Group’s statutory net profit during the first six months of the 2025 financial year dipped from $86.7 million to $59.6 million, despite posting a flat revenue of $1.3 billion.
Cash Converters managing director Sam Budiselik says the company’s improved assessment of credit risk has aided the company’s half-year financial performance.
Wesfarmers has reported a small rise in interim profit from its diverse retail and industrial operations while maintaining plans to invest heavily in the depressed lithium sector.
A Perth jetski and quad bike dealership has stumbled in liquidation, calling in experts Greg Prout and David Hurt from WA Insolvency Solutions to sift through its affairs.
More than a dozen Rivers clothing stores across the state will shut shop after a buyer couldn’t be found for division under the troubled Mosaic Brands umbrella.
Wesfarmers has opted to shut down its online retail business in the face of growing competition, announcing one-off costs of up to $60 million from the wind down of Catch.
Wesfarmers-owned Kmart Group has announced the resignation of managing director Ian Bailey after 19 years, with chief financial officer Aleksandra Spaseska to step up to the role.
Major independent car retailer Regent Motors has had another boom year, with strong leap in turnover to $1.2 billion resulting in a hefty dividend to its owners.
Long-running Perth-based retailer Betts Group is continuing to struggle, with the business incurring its fourth loss in seven years, while annual sales have halved over the same period.
Cost-of-living pressures have driven a sharp uptick in both customer numbers and revenue for Tony Galati’s Spudshed, almost tripling its previous year’s profit.
Profit is not a dirty word, says Wesfarmers chairman Michael Chaney, who also called for more kudos from political leaders for the economic contributions of big companies.
The ASX-listed group behind clothing brands Millers, Rockmans and Noni B has called in administrators from FTI Consulting after failing to restructure internally.
Western Australia has recorded the strongest job market and population growth nationally after the state recently surpassed 3 million people, according to CommSec’s latest report.
Automotive retailer Regent Motors has pushed homebuilder BGC Australia out of the top 10 private companies based in Western Australia after cracking the $1 billion revenue milestone.
The family company that owns John Hughes Group has recruited Melbourne-based business adviser Craig Holland as chairman as it prepares for a wider leadership succession.
Wesfarmers’ retail businesses carried its increased profit for the full year, while its lithium business posted a $26 million loss pinned on weak prices for the battery metal.
Ian Armstrong has stepped off the board of major private conglomerate Perron Group, to be replaced after 35 years as a director by Victorian Ken Marshman.
Toyota has extended its lead as the biggest-selling automotive brand in Western Australia but growth in sales was led by China’s Chery and plug-in hybrid electric vehicles.
