Retail, not mining, has borne the brunt of the slowdown in Western Australia during the past 12 months, with a study of the state's economy by the investment bank Goldman Sachs revealing a startling decline in retail jobs of more than 20 per cent.
A small batch of bauxite sent overseas for refining may signal the start of a much bigger play by Alcoa, which would have major consequences for WA's South West.
Upwards of 130 corporate finance transactions worth more than $11 billion were announced in WA in the June quarter, but most notable was a handful of landmark M&A deals.
Andrew Forrest and Gina Rinehart will need to wait a while for their dairy investments to deliver a return, according to a recent analysis of the sector.
It is a long time since Western Australia had its own finance industry and while shadow banking, the hottest game in the money world, could be just another fad that fades as quickly as it has grown, there is the potential for home-grown finance to make a return to Perth.
Rio Tinto's strong profit reported earlier today will please investors in one of state's biggest employers, though the big miner's fresh round of job shedding is a warning shot across the bows of the Western Australian economy, with more warning shots likely to be fired over the next 12 days.
Fund manager and financial adviser Anton Capital has picked up Fremantle's historic Customs House, one of five properties in a trans-Tasman portfolio sold by Arena Investment Management for a combi
Woodside Petroleum has substantially reshaped its project portfolio after buying a minority interest in Chevron's half-built Wheatstone LNG plant, postponing its planned Browse LNG project and acquiring a stake in a Canadian LNG development.
The weak iron ore price has cast a shadow over the state government's asset sales agenda and raised concerns the commodity's slump will affect the sale price for the Kwinana Bulk Terminal and the Utah Point port.
National healthcare group Healthscope has lodged its prospectus ahead of a float worth up to $2.5 billion, the biggest initial public offering in Australia in 2014.
BHP Billiton has confirmed long-running speculation that its Nickel West business is potentially up for sale, including the Mt Keith, Cliffs and Leinster mines, as well as the operations' processin
Continued growth of the Pilbara as an export-focused iron ore province received a huge boost today when Chinese steel giant Baosteel and Australian railway operator Aurizon teamed up to bid for the Perth company behind a $6 billion port and rail project.
The directors of US-focused Aurora Oil & Gas have recommended that shareholders accept a $1.84 billion takeover offer from Canadian oil company Baytex Energy.
Just four months after becoming Forge Group's new lender, it appears ANZ Banking Group will need to pitch in more debt financing to keep the struggling company afloat.
The $10 billion tragedy of Western Australia's failed magnetite iron ore processing experiment risks becoming something worse next year, as the price is pushed down by a flood of iron ore supply an
The fun started early at the annual Diggers & Dealers forum in Kalgoorlie yesterday with delegates bravely predicting a higher gold price, to which the market responded by driving the gold pric
IT'S easy to get excited about what's happening in the fast-moving world of currency values but it's wrong to describe what's happening as a ‘war', because it's not; what's going on is simply econo
AS careers go, the journey from corporate lawyer and political staffer to heading a new foundation focused on ending what is called ‘modern slavery' is clearly an uncommon one.
IT might not be the busiest of times in Western Australia's corporate advisory scene, but that has not stopped positive moves by several firms – albeit without much fanfare – that have included the
Underground mining specialist Barminco has met all the forecasts it put in last year's draft prospectus but says it is unlikely to revive plans for a stockmarket float for at least two years.
WHILE the battle over the hearts and minds of superannuation stakeholders is fought relentlessly by industry and retail funds, it is their low-key cousins in the corporate sector that have quietly
Local players in the corporate finance market faced more competition than ever before from big national and international firms, WA Business News' 2011 survey has found.
If there was one decision that highlighted the weakness of the stock market for most of 2011, it was the deferral of mining contractor Barminco's initial public offering.
PRIVATE equity group Archer Capital has emerged rapidly this year to become one of the largest investors in Western Australia, following its purchase of the company behind the Chicken Treat and Red Rooster fast food chains.
Tipping the gold price, and the future price of gold stocks, is a mug's game, unless a clear value gap can be demonstrated - which is what appears to have been done in a rather interesting piece of recent research.
Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.
