The Takeovers Panel has concluded that its operations should be able to continue effectively despite a Federal Court ruling last month that cast doubt on its future.
Three substantial commercial law firms have been established in Perth in the past year and each has adopted a fundamentally different strategy and business model.
The booming WA economy has prompted many businesses to establish or expand their in-house legal teams, creating new professional opportunities for lawyers and new challenges for law firms selling their wares.
An increased amount of litigation and regulatory action over the disclosure practices of listed companies has become one of the main risks facing company directors.
Construction company Laing O’Rourke Ltd and the Dampier Port Authority hired two of Perth’s top law firms last year when they became enmeshed in a complex dispute over the building of a new jetty; but that hasn’t helped them achieve an effective outcome.
Seven months after releasing its first prospectus, and in the face of strident criticism from the Legal Practice Board of Western Australia, Perth company Integrated Legal Holdings Ltd is pushing ahead with plans for a share market float.
By exporting his Western Australian-based car cleaning franchise, Car Care, into China, franchisor Mike Stringer expects to generate growth on a scale that could not be achieved in Australia.
As the biggest franchise in Western Australia measured by the number of outlets, Jim’s (WA) reflects two of the major trends in franchising – it is a service-based business and a diversified group.
Changes to the franchising code of conduct to be implemented next month will provide potential franchisees with far more information about the businesses they purchase than is currently available.
For Judith Monteath and Liz Offer, an opportunity to expand their respite care business for people with disabilities sparked the idea for a franchise model.
Those looking for more input in the direction of the City of Perth will have to buy or lease a property in the city before October in order to get a chance of securing a vote in its council and mayoral elections.
The 2007 harvest has been a welcome relief for grape producers in WA, with unexpected sales to east coast operators easing the burden of oversupply. But the glut is yet to be fully overcome.
The grape glut may have created headaches for many players in the WA wine industry, but it has provided enormous opportunity for South West producer Stella Bella Wines Pty Ltd, which has plans to build a cellar door not too far from Leeuwin Estate.
Just about all of Vanya Cullen’s Margaret River neighbours have produced lower-than-average grape crops this year after weather conditions in 2005 and 2006 left vines bearing smaller grapes and smaller bunches.
Rob Mann is one of a handful of Western Australian winemakers lucky enough to get his hands on some cuttings of pinot gris – a white wine style growing in popularity with wine drinkers in Europe and the US.
Great Southern Ltd has rejected claims from the Wine Grape Growers’ Australia that the grape glut that crippled many players in the industry during 2005 and 2006 would return to haunt the sector within five years.
The resources boom has swelled the job books for many of the country’s engineering firms, which in turn has lifted company profits and share prices and lined the pockets of some of the industry’s long-serving executives.
There may be a host of rags-to-riches tales among the executives enjoying the share price spoils of their publicly listed entities, but it’s a storyline that also extends to the private sector.
The Western Australian entrepreneurs who have created the most wealth in the non-mining sector are led by people who spent most of their business life running private companies before opting for a sharemarket float.
Fortescue Metals Group Ltd boss Andrew Forrest laid the groundwork for his current wealth four years ago this month when he negotiated a deal with Allied Mining & Processing.
WA Business News’ Wealth Creators may be sitting on enormous fortunes, but that wealth is predominately on paper. And while the stock market can push the value of an individual’s shareholding up, it can just as easily make the wealth disappear.
The iron ore boom has underpinned the enormous wealth of Fortescue Metals Group Ltd managing director Andrew Forrest, and it has also boosted the wealth of some of Western Australia’s most famous families.
