Besieged property developer Luke Saraceni has been ordered by the Supreme Court to place $1.3 million transferred out of Westgem Investment's accounts the day before receivers were appointed into a trust managed by his lawyers.
Wesfarmers says milk sales at its Coles supermarkets have risen by about 15 to 20 per cent since it began a price war on the consumer staple to achieve customer loyalty.
Mineral Resources has reported a 121 per cent increase in net profit for the half year ended December 31, on the back of record-high iron ore prices and improved performance from its contracting operations.
AMP says the year ahead remains uncertain for the wealth manager despite overcoming market volatility and consumer caution to post a five per cent increase in full year net profit.
Amcom Telecommunications says it has fast-tracked its entry into the growing cloud computing sector after entering into a strategic partnership with data backup firm BlueFire Corporation.
Toro Energy has entered an agreement to purchase additional uranium tenements adjacent to its Wiluna uranium project from Russian mining giant Norilsk Nickel for $4.5 million cash and a conditional royalty.
Perdaman Chemicals and Fertilisers has finalised rail transport deals with WestNet Rail and QR National for its $3.5 billion urea manufacturing plant near Collie.
Iron ore junior Territory Resources has entered a non-binding agreement with its major shareholder, Hong Kong commodities trading house Noble Group, for a $20.9 million debt to equity conversion.
Radhika Oswal will argue in the Supreme Court of Victoria that ANZ invalidly appointed PPB Advisory as receivers and managers over Burrup Fertilisers, because she believes Burrup was never in default of its debt repayments to the bank.
Perth-based Atlantic has settled its issue of $US335 million ($A334.26 million) of notes to fund the completion of the Windimurra vanadium mine in Western Australia.
Diversified Perth-based explorer Rox Resources says it will acquire the Mt Fisher operation from Avoca Resources, in a conditional all-scrip offer that values the gold-nickel project at around $1.2 million, on today's share price.
ENTREPRENEUR Jeff McGlinn is reviving a business closed down by his former company, NRW Holdings, after cashing out from the mining services company last year to the tune of almost $42 million.
WESTERN Australia is fast becoming an essential stop on the luxury liner circuit as Fremantle celebrates its busiest cruise calendar since the heady days of the 1970s.
STAFFING and skills shortages are again high on the agenda for Western Australian businesses, and the hotel market is among those industries feeling the pinch.
OUTSIDE those who work in the highly technical 3D gaming industry, there are not too many people who spend their working hours navigating a three dimensional computerised world.
