SPECIAL REPORT: One of the few positives in a tough year for business was the gold sector, and at the forefront was Northern Star Resources, under the leadership of Bill Beament.
Gold rose more than one per cent on Friday, recovering from its biggest daily loss in five months as the US dollar retreated, but remained near multi-year lows after the Federal Reserve lifted US interest rates.
Western Australia’s top charities have reported an average 4.2 per cent increase in revenue this past financial year, with only two of the top 10 reporting less turnover this year than last.
Acrimony and finger pointing continue at a political level as the state government faces a ‘horrible’ mid-year budget review, with latest figures suggesting the recent dramatic increase in state debt has been fuelled by a spending push that has outpaced revenue growth.
Andrew Forrest has finalised the purchase of a $16 million oceanfront house in Cottesloe from an elderly man who has apologised for implying the billionaire pressured him into the sale.
Social networking company migme has announced the acquisition of two Indonesia-based companies, while finalising a $3.5 million convertible note issue.
Law firm Slater & Gordon, which is renowned for backing shareholder class actions, could be on the receiving end after competing firm ACA Lawyers flagged possible action.
Data and networks solutions business Amcom Telecommunications has won a $12.9 million contract to provide its services to SA Health over a three-year term.
The way systems should be introduced to a business is evolving quickly. At the same time, the necessity for a systems-based business is more evident than ever.
Liquidators have been called in to recover what they can from the assets of Scho Homes, with the builder’s collapse expected to put more pressure on Western Australia’s homebuilding insurance scheme.
One of Australia’s most-recognisable hospitality operators is expanding west, with up to three Ettamogah-branded venues in the works in Western Australia.
Fewer food operators were convicted for unsanitary and unsafe practices in 2015 than in the previous 12 months, but there were still nearly $240,000 in fines handed out to 16 venues across the city this year.
AMP Capital says it will kick off construction in 2017 on a $400 million redevelopment of Garden City Booragoon, following the proposal receiving planning approval.
Strathearn Insurance Brokers has become the second big player in the sector to change hands this year, after US-based Arthur J Gallagher acquired the Perth firm for an estimated $60 million.
The corporate watchdog has banned a former Northbridge-based bank manager from providing financial services for stealing up to $515,000 during his tenure.
