Property developer Finbar Group says it is confident of meeting its full-year profit forecast of more than $21 million after it today delivered an interim net profit after tax of $18.2 million.
Diploma Group has increased its first-half net profit after tax by 462 per cent as re-emerging confidence in the property sector paints a robust outlook for the property developer.
IT services provider ASG Global says it is assessing acquisition opportunities as it delivers a 32.5 per cent lift in its first-half net profit after tax to a record $6.5 million.
Paladin Energy appears to be on the path to profitability, with the uranium miner today reporting a $19 million interim net loss, up from the previous corresponding period's $475.6 million loss.
Consolidated Minerals has sold its 24.7 per cent shareholding in Jabiru Metals, with East Perth-based Metals X picking up a 19.99 per stake in the miner.
The opposition is calling on Premier Colin Barnett to explain why the state government is closing down Western Australia's trade office in the US, months before he is due to go on an official visit to the country.
Speculation from Treasurer Troy Buswell of increases to state mining royalties is damaging to the resources sector and likely to send investor cash to the banks rather than projects.
The High Court has knocked back an appeal application from the University of Western Australia over the intellectual property battle involving Perth scientist Bruce Gray.
The boss of multinational computer games developer Interzone closed the company's lead development studio in Bentley last night amid claims the company owes more than $1.5 million in unpaid wages, superannuation and taxes.
West Perth-based DataMotion Asia Pacific is facing a board spill from one of its major shareholders that has links with Perth businessman Robert Roget.
Union members at several of Alcoa Australia's Western Australian sites are preparing for industrial action tomorrow as negotiations continue for a new enterprise bargaining agreement.
The state government will inject $25 million into its low-cost home loans operated by Keystart as part of a major overhaul of the system under the Housing 2020 reform agenda.
Shares in emerging lithium producer Galaxy Resourecs have climbed almost 10 per cent after announcing it received the project approval and business licence for its China lithium carbonate plant in Jiangsu province.
A month after announcing an equity investment restructuring at its Fisherman's Landing LNG plant, Liquefied Natural Gas has agreed to sell the plant and associated infrastructure to Arrow Energy for $51 million.
Engineering and construction company Decmil Group has reported an after tax profit of $9 million for the first half of 2009/10, largely on the back of significant contract wins by its subsidiary, Decmil Australia.
THE global financial crisis was a tough time for most businesses, none more so than sporting clubs that discovered the risks of choosing the wrong sponsor.
“THE dream begins in Perth” is the in-house motto for organisers of the Perth 2011 ISAF Sailing World Championships, with 1,500 competitors expected for the Olympic qualifying event.
SOUTH Perth-based Jaxon Construction’s announcement that it had bought into the North Fremantle Rivershores project is the company’s first step in refocusing its operations following a year-long strategic review.
A GLUT of new commercial developments to come on line in Perth’s CBD this year will result in backfill vacancies in older stock, according to a leading office leasing agent.
The Western Australia Local Government Association has requested an urgent meeting with the state government over its "rigid" amalgamation plans, as more than 100 councils reaffirmed a vote of no confidence in the planned reform process.
Shares in Galaxy Resources were higher after the company finalised a long-term shipping contract for the transport of spodumene concentrate from the Esperance port to China.
Home loan approvals in Western Australia retreated for a third straight month in December after a reduction in government subsidies and interest rate rises dampened enthusiasm for mortages, economists say.
