Peter Prendiville and Howard Cearns will continue as Tourism WA chair and deputy chair respectively for another three year term, Tourism Minister Kim Hames announced today.
Perth-based Zeta Petroleum will acquire a substantial shareholding in oil explorer Oilex, when the company completes a planned $US23 million ($A30 million) capital raising.
The state government will head off any potential oversupply in Perth’s booming hotel building sector by ramping up marketing Western Australia to interstate and international visitors.
Gold has fallen to a near four-month low, while silver has sunk nearly seven per cent and platinum has dropped to a 2009 low, as the US dollar rallied ahead of an emergency eurozone summit on Greece with the country's banks rapidly running out of cash.
The third DoubleTree by Hilton hotel announced for Perth will likely be the first to open, with forward works about to start and a ground-breaking ceremony held at the Northbridge site today.
Local aquaculture firm Seafarms Group has announced plans to raise up to $16.6 million, with major shareholders Ian Trahar and Paul Favretto committing to a large portion of the raising.
Former VDM Group boss Andrew Broad has returned to his former employer, mining services business Ausdrill, and will become its chief operating officer of Australian operations.
Financial planning technology group Decimal has formed a partnership agreement Perth-based P&N Bank as it seeks to expand its service offering to a broader range of members.
Online advertising business Tech Mpire has made solid gains on its first day of trading on the ASX, after being acquired by Fortunis Resources in a $3.1 million backdoor listing.
The iron ore industry is tipped to contribute more than $600 billion to the Australian economy over the next decade, despite falling prices for the steel-making commodity.
Brookfield Property Partners has confirmed speculation that Wesfarmers will leave its home of 30 years on The Esplanade for a new headquarters at the second tower at Brookfield Place.
Energy giant Woodside Petroleum has awarded a front-end engineering and design contract to a consortium comprising two NYSE-listed companies, for its proposed Browse FLNG project.
US oil prices have sunk nearly eight per cent on worries about slowing global growth after Greek voters rejected a bailout offer and China moved to calm financial market turbulence.
US stocks have fallen moderately, joining most global bourses in moving lower after the Greek vote against further austerity measures raised fears the country could exit the eurozone.
Vacancies are rising rapidly in the residential leasing market, while at the same time median rents are falling; but that’s just the market returning to normal from its recent highs, according to a prominent local property player.
South Australian construction and engineering company Ahrens has acquired Savannah Engineers for an undisclosed sum, expanding its existing Pilbara presence.
More than $20 billion has been wiped off the Australian stock market after Greece shocked investors with an overwhelming rejection of austerity measures that could lead to the country’s messy exit from the euro zone.
A Perth not-for-profit group has galvanised support among its 180 members as part of a concerted effort to get the National Broadband Network rolled out to the 3,500 businesses in their district.
