The University of Western Australia has agreed to pay Sirtex Medical $3.25 million to cover costs relating to an intellectual property matter involving Dr Bruce Gray.
New vehicle sales in Western Australia slumped 11 per cent in October as national sales rose for the first time in 16 months in a further sign that the economy is on a recovery path, new figures show.
The competition watchdog has given its final approval to the Gorgon gas project partners to jointly market gas sales to the Western Australian market, despite protests it will drive gas prices higher.
As the University of Western Australia seeks leave to appeal to the High Court over a blow to its intellectual property rights, universities and employers nationwide are wondering what they need to do to avoid a similar fate.
LIKE Perth's CBD, the suburban shopping centre landscape has been defined in 2009 by an abundance of new retail space becoming available to the market.
LIMITED opportunities at Perth's premier strip shopping locations will keep rental values at current levels, as existing retailers hang onto their leases and rarely choose to exit the coveted locations.
BIG box liquor stores have been threatening to overwhelm the traditional players for a decade, much as their hardware counterparts have become dominant in that market.
THE owners of two Perth office buildings have been awarded grants under the federal government's Green Building Fund for upgrades to make them more environmentally efficient.
Mines and Petroleum Minister Norman Moore has today opened the Newman mining hub, a key component of BHP Billiton Iron Ore's $US1.85 billion Rapid Growth Project Four.
Woodside Petroleum will raise $US700 million through the issue of corporate bonds in the United States to repay short-term debt and general corporate purposes.
Shares in Forge Group have surged as much as 21 per cent after it reported record revenue of $60 million for the first quarter and forecast a 135 per cent increase in its first-half net profit.
PTTEP Australasia says it will wait for expert assessment on damages over its Timor Sea oil leak saga, which is estimated to have cost the company more than $170 million, before deciding on whether it will resume production in the future.
Shares in North Coogee-based Quickstep Holdings have soared as much as 71 per cent in trade today following the announcement of an agreement struck with Lockheed Martin Corporation and another US aerospace giant.
Rio Tinto is rebuilding ship loading infrastructure at its Dampier Salt operation in Port Hedland, which will allow ships to be loaded faster and reduce environmental impacts.
The latest capital raising for Peet's residential land syndicate, the Peet Point Cook Kingsford Syndicate has closed oversubscribed with investors applying for more than 22 million units.
Local brewer Gage Roads has told the ASX that recent share price gains are most likely due to positive news presented to the market about its expansion plans on the back of strong sales.
Malaga-based Matrix Composites and Engineering plans to list on the local stock exchange in a fortnight after raising $15 million through its initial public offer.
Satterley Property Group has secured a $36 million contract from the state government to build 231 affordable new homes as part of the Nation Building Economic Stimulus Package.