Latest Headlines

Como-based Medusa Mining will issue bonus shares to its shareholders in its bid to increase liquidity.

Coote Industrial managing director Michael Coote says he will reject the proportional takeover from Elph, saying its an opportunity to exploit a moment of short-term weakness in Coote's share price.

Indian miner NMDC, Saudi Arabia's ABS Consulting and Sydney-based Boulder Steel are reportedly planning to submit a $US230 million ($A252 million) proposal to buy a large stake in one of Atlas Iron's Pilbara iron ore mines.

Former Great Southern subsidiary, Rural Funds Management, is set to take control of the collapsed agribusiness' 2007 and 2008 almond income project.

ASG Group has unveiled its first acquisition in more than a year with the IT services provider acquiring Melbourne-based Dowling Consulting.

Shares in Territory Resources surged higher today after the iron ore miner reported a turnaround in first half earnings to book a net profit of $13.7 million.

Diversified conglomerate Wesfarmers has drawn on overseas debt markets to raise €500 million ($A775 million) to repay existing shorter term borrowings.

A flurry of high level moves in the Perth legal market leaves the profession asking what the future holds.

THE hive of recent activity in the Western Australian legal market has been added to by the arrival of Norton Rose and Allen & Overy.

AS the operator of the only non-advisory online trading platform run from Western Australia, State One Stockbroking is curious about the spread of its Amscot service.

HOUSING Minister Troy Buswell’s commitment to build 20,000 new affordable dwellings by 2020 is providing a lift for the sector, but the growing waiting list for public housing needs to be tackled by the private sector, according to social housing provider

THE Australian Taxation Office has developed a telephone help-line initiative to assist the 5,000 new not-for-profit organisations expected to register this year better understand their tax obligations.

What you see is what you get at Chapter One Brasserie. Russell Quinn reports

No Australian is exempt from paying their 10 per cent tax on goods and services and no state generates more good and services tax revenue than Western Australia.

The pro-nuclear lobby isn’t telling us the whole story about this ‘clean’ energy supply.

State and federal governments are formulating plans to deal with looming labour shortages, but progress is slow.

Generational change looms for some high-profile local business families.

Kerry Stokes’ move is a little bit Buffett, a little bit Wesfarmers.

Wanton waste and excess are all-too common among our politican overlords.

INTERNET service provider Highway 1 Internet Solutions has continued its aggressive campaign to buy smaller tech companies nationwide.

The Gordon Martin-led Coogee Chemicals has bought a terminal next to its Kwinana facilities from Gull Petroleum in a deal valued at nearly $40 million.

The Perth Convention Bureau has been presented with an award for the best stand at the southern hemisphere's premier tradeshow for business events being held in Melbourne.

Shares in Chalice Gold Mines closed higher after it entered an option deal to buy out its joint venture partner's interest in an Eritrea project for up to $16.2 million.

The Neil Hamilton-chaired company Miclyn Express Offshore will take a controlling stake in Fremantle-based Samson Maritime as a platform to break into WA's booming North West oil and gas sector.

Drilling specialist Swick Mining Services has raised $17.5 million that will be used to return a number of idle rigs to work over the next six months and for new growth opportunities.

Explorer Poseidon Nickel says it is in negotiations with parties in Asia and the US regarding further substantial funding after it today received commitments to raise up to $2 million.

Tony Sage's International Petroleum, formerly International Goldfields, has completed a $30 million capital raising and will now move ahead with the acquisition of Eastern Petroleum Corporation.

Less than five months after going to market for extra equity, miner Norton Gold Fields today says it has raised $20 million through a private placement to a Chinese entity.

The Michael Kiernan-led Stirling Resources says it has finished the $15 million recapitalisation of collapsed Monarch Gold, which will be rebadged as Swan Gold Mining.

Detached new home sales in WA surged 12.2 per cent in January in a sign that upgrading owner occupiers and investors may be coming back in to the market, a leading industry body says.

Embattled property developer Port Bouvard has posted an interim operational loss of $14.1 million on the back of hefty write downs.

West Perth-based Jupiter Mines is poised to acquire a major stake in a South African manganese project from a group of investors including Pallinghurst Resources, in what it says is a "transformational deal".