Western Australia’s office market will need 50 per cent more space to meet demand by 2020, as the ramp-up in the resources sector sends vacancy rates spiralling towards zero, new research says.
Five years of WA salary surveys show some chief executives appear to be remarkably well paid relative to the size of their business and the returns they have delivered, while others offer great value for money.
Another global financial crisis may be on its way, according to Bunnings and Officeworks managing director John Gillam, but he claims tough times are nothing to fear.
Rio Tinto has succeeded in its takeover of Hathor Exploration as the world's second largest mining company seeks to gain a foothold in the Canadian uranium production market.
Federal finance minister Penny Wong says the federal opposition's economic credibility is in tatters after the accountants who costed its 2010 election policies were found to have breached professi
Westpac will review its advertising of geared investment strategies after the corporate watchdog took issue with the bank's "stress free" tag line on some products.
Western Australia's retail sector recorded the highest growth in the nation in October, further evidence of the two-speed national economy, economists say.
The Australian stock market has opened more than 2.5 per cent higher with resources and banking among the best performers in response to a positive session on Wall Street.
The Australian dollar opened strongly this morning following announcement of a plan by the world's central banks to boost liquidity in the shadow of the eurozone debt crisis.
US stocks have soared by four per cent after major central banks joined hands to ensure commercial banks would not be undermined by market worries over the eurozone crisis.
Latin Resources shares have rocketed after the company announced China-backed Junefield Holdings had taken a 16.8 per cent stake in the company after executing two agreements worth a combined $52 m
Perth-based coal miner Kangaroo Resources has signed a 5-year, $US270 million mining services contract with contractor PT Putra Perkasa Abadi for its Mamahak coal project in Indonesia.
A moratorium has been recommended for all future coal seam gas (CSG) projects until further research is carried out and the approval process tightened to cover such issues as how salt will be dispo
Australian shares closed marginally higher after fresh domestic economic data boosted sentiment, while there was opportunistic buying in industrial stocks.
Difficult sharemarket conditions have come home to roost at C @, with the Mongolia-focused coal explorer slashing the price of its capital raising activities by half.
The nation's peak business group has called on the federal coalition to work with the minority Labor government to head off "retrograde" Greens policies on industrial relations.
