Engineering contractor Calibre Group announced late today the resignation of managing director Rod Baxter, following a series of damaging profit downgrades that have shattered its stock price.
Perth company director Neil Hamilton intends to resign from the board of Miclyn Express Offshore, after a heated dispute with the company’s two major shareholders over their governance practices.
Western Australia’s mining sector has again proven its worth to related service providers with an information technology company receiving a significant award for work with BHP Billiton.
The Australian dollar is slightly higher as traders wait for an announcement on whether the US Federal Reserve will wind down its economic stimulus measures.
Gold miner Lachlan Star has pressed pause on its plans to move its corporate office out of Perth, after a subscriber to its $C12.9 million ($13.2 million) non-brokered private placement failed to c
Leighton Holdings marked a significant step in its Kings Square project this morning with a sod turning ceremony attended by Planning Minister John Day.
Forge Resources’ plan to construct a new six million tonne per year iron ore export facility in the Pilbara has been recommended for approval by the state Environmental Protection Authority.
Lend Lease shares have slumped more than eight per cent after the company revealed it will undergo a major restructure as the construction sector softens.
Retiring veteran Liberal MP Barry Haase says the time has come for him to step away from federal politics as the country looks set to vote his party into power.
The Australian dollar is weaker following a fall on Wall Street after a flat reading on US industrial production for May and a decline in the University of Michigan consumer sentiment index.
US stocks ended last week in the red as market speculation boiled over the Federal Reserve's stimulus program ahead of the Fed monetary policy meeting next week.
Three directors of takeover target Firestone Energy have resigned, leading to the withdrawal of a shareholder meeting requisition by bidder Waterberg Coal Company.
Verve Energy has been paid full 'capacity credits' for power stations that are only available half the time, a report by the state government's economic regulator has found.
ASX Ltd's $553 million capital raising has prompted speculation the stock market operator was clearing debt to free it up to take part in a big merger deal.
Prime Minister Julia Gillard is still facing resistance from some states after South Australia became the third jurisdiction to sign up to the federal government's schools funding plan.
Packaged food manufacturers have about two years to voluntarily implement health star ratings on the front of their products, or risk legislative measures.
