Perth-based NWQ Capital Management has been selected by Yellow Brick Road to manage a new protected equities fund that it will seek to operate as a ‘hedge fund for retail investors’.
Western Australia has an opportunity to break the Chinese stranglehold on the rare earths industry, but the state needs a success story to build investor confidence.
Cleaning up after a big night is always the ultimate downside to any party, but fortunately for those who might be a little under the weather, help is at hand.
The opening of Fiona Stanley Hospital has enabled two suburban hospitals within five kilometres of one another to completely change their services, dropping gynaecological and maternity offerings to focus separately on aged care and rehabilitation.
SPECIAL REPORT: A small but growing Perth-based health insurance fund believes the market dominance of HBF is an unnatural position that can’t last in an increasingly competitive market.
SPECIAL REPORT: Hospital and aged care industry professionals have given WA’s health care system a mixed review, with some aspects applauded and others in need of improvement.
China has long been identified as one of Western Australia’s most important tourism markets, but the state could be just as important to the People’s Republic as it seeks to establish itself as a premier holiday destination and international travel hub.
Welshpool-based Perth Petroleum Services has struck a merger deal with Melbourne-based Global Spill Control, creating Australia’s largest retailer and manufacturer of spill equipment.
Perth companies MCS Security Group and Intiga Security are planning to list on the ASX through a reverse takeover of Red Gum Resources, following a similar move by Threat Protect Australia, which is also pursuing a backdoor listing.
Carnegie Wave Energy's international growth has been boosted after the Scottish government awarded the Perth-based company a $4.3 million grant to develop a wave energy power conversion system.
Newmont Mining is pushing ahead with new exploration sites to extend the life of its Kalgoorlie operations, but says it will not encroach on the historic gold rush town.
Evidence is continuing to mount of weakness in the new housing construction sector, with sales of new homes down 1 per cent in June, the third consecutive month of declines in Western Australia.
Panoramic Resources has responded to the slump in nickel prices by halting production in the Deacon orebody at its Lanfranchi project, resulting in half the project staff being laid off over the weekend.
Perth’s median house price is either flat or on the nose, according to the latest analyses by market watchers CoreLogic RP Data and the Real Estate Institute of WA.
Sirius Resources has announced that it has nominated Belmont-based Zenith Pacific as its preferred tenderer to build, own, operate and maintain a combined diesel-solar power station at Sirius’ Nova nickel project in Fraser Range.
Perth-based company Empire Oil and Gas has announced that it expects to triple its cash sales this financial year as it begins tranche 2 of its gas sales agreement with Alcoa.
The Australian dollar has lifted against the greenback, which fell after weak US wage growth data raised concerns an expected Federal Reserve rate rise could be delayed.
Gold has reversed earlier losses as the dollar US fell after weaker-than-expected US data, but prices remain on course for their biggest monthly decline in more than two years on expectations the Federal Reserve will soon raise interest rates.
Boutique law firms Borrello Legal and Graham & Associates have joined forces, with principal partner Mark Borrello saying the merger would provide a solid platform to establish the company as a leader in property, commercial law, and dispute resolution.
The story of this reporting season will be a familiar one: companies with offshore earnings or exposed to the booming housing market doing well, while miners and the companies that service them suffer.