If key areas of reform were implemented in Western Australia then the state’s economy could double in size in the next 20 years, according to the Chamber of Commerce and Industry WA’s latest report.
Pilbara iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the site.
Emeco Holdings has reported a net loss of $21.6 million, down from a $28.5 million profit last year, following a series of downgrades and write-downs on the back of a slowdown in the mining sector.
Chinese developer JiaHe Jian Group has launched its first Western Australian project – a $100 million, two-tower office and residential development overlooking the zoo in South Perth.
An improving housing market has helped Mirvac Group to triple its full-year profit, with the property group expecting to grow its earnings further over the next 12 months.
Caltex says it will defend claims by Australia's consumer watchdog, that it used a third-party website to collude with other major players on petrol prices.
The Australian share market has pushed again to new post-global financial crisis highs, following an encouraging lead from the United States market and positive sentiment generated by local company earnings.
iiNet has broken the $1 billion revenue mark for the first time following a 7 per cent growth in turnover, leading to a 19 per cent gain in underlying net profit.
Whilst the Reserve Bank’s next move is still likely to be up, the chance of a cut has increased in the last few months, according to Bankwest’s monthly economic and financial market snapshot.
The share market has closed higher as a positive investor response to a generous payout from Coles owner Wesfarmers outweighed a sharp fall in BHP Billiton shares.
Leederville Chiropractic Clinic’s practice on Newcastle Street is on the market, with selling agent Colliers International seeking $1.3 million for the property.
A unique and interesting feature of the Perth housing market is the dichotomy of the strength of new dwelling sales and the decline in established market turnover.
Western Australian farmers benefited from low interest rates, good crop yields and timely strength in commodity prices in the most recent financial year, according to the Planfarm Bankwest Benchmarks 2013-14.
Residential land developer Cedar Woods Properties has continued its run of record profits, underpinned by strong earnings growth both in Western Australia and Victoria.
Engineering and construction contractor Decmil Group says its evolution into civil construction projects has helped drive a 10 per cent lift in net profit, while flagging further earnings growth th
For a host of reason beyond their control, and many for which they bear total responsibility, business owners fail to seek help when they’re in trouble.
Australia needs to grasp opportunities to expand into the Chinese food and milk markets as quickly as possible, Reserve Bank of Australia governor Glenn Stevens said.
Woodside Petroleum has increased half-year net profit by 27 per cent and says it is confident about gas demand despite a large number of new projects coming online.
The government has warned MP Clive Palmer against using his position in parliament to insult China amid a high profile legal battle with a Chinese company.
World oil prices have fallen, with the New York benchmark below $US95 a barrel for the first time since January ahead of the weekly US inventories report and the contract's expiration.
