Latest Headlines

The Urban Development Institute of Australia has welcomed the federal government's move to provide infrastructure funding based on 30-year strategic plans suggesting it's a critical step required to meet growing demand for land.

Tony Jack's bid to take control of Great Southern's timber schemes has caught the attention of the corporate regulator after projections contained in its proposal were deemed inappropriate.

The head of Western Australia's real estate institute was unsurprised to learn of the massive price paid out for the purchase of iron ore heiress, Angela Bennett's Mosman Park mansion, reportedly a national record at $57.5 million.

Property developer Cedar Woods Properties has bought a 2.55 hectare residential development site in a Melbourne suburb for $22.5 million with plans to build 70 new homes and townhouses.

Shares in Cape Lambert Resources have entered a trading halt as it prepares to release details of the completed $214 million initial public offer for Q Copper.

Redcliffe-based Global Construction Services has lifted its order book to more than $115 million after it today secured a $75 million formwork and concrete contract with Brookfield Multiplex for work at the Fiona Stanley Hospital.

A West Perth-based company with mineral assets in Chile and the shell of former explorer Supersorb Environmental will open their initial public offers this week, aiming to raise a combined $18 million.

Engineering and construction company Abigroup has today secured a contract with Seven Network subsidiary, vividwireless, to build part of Perth's new 4G wireless network.

Chevron has again claimed the country's largest ever resource deal with a gas sales deal over the Wheatstone project with Tokyo Electric Power Company, estimated at $90 billion.

Galaxy Resources says it $130 million project and plant loan has now been approved after China Development Bank Corporation joined the project finance syndicate led by Austrian bank, Raiffeisen Zentralbank Österreich AG.

Leighton-owned carrier Nextgen Networks has today been announced as the successful tenderer for the federal government's $250 million regional blackspots program, part of the roll-out of the national broadband network.

Shares in Carnegie Wave Energy have dropped after the company said it had raised $3.5 million, the first part of a total $6 million capital raising to fund its first wave energy plant at Garden Island.

Subiaco-based Summit Resources will pay French nuclear company Areva $4.5 million to settle legal action over the uranium marketing rights to the Valhalla/Skal deposit in Mt Isa.

For all the clout that multinationals Chevron and Shell might normally expect to wield, it is clearly Woodside boss Don Voelte who wears the pants when it comes to the Browse LNG venture in the Kimberley.

Cazaly Resources has had to terminate a $4 million capital raising after it received indications that it was unlikely to get the funds.

Woodside chief Don Voelte today welcomed the federal government's strict deadline for moving forward with development of the giant Browse gasfield as "brilliant" and "a shot in the arm" for the people of the Kimberley.

West Perth-based Avalon Minerals plans to raise $6.6 million to fund exploration and feasibility studies at its Viscaria copper project in Sweden.

Three Western Australian boutique hotels have been named among Australia's and New Zealand's top 33 properties in an international travel guide from boutique and luxury hotel specialists, Mr & Mrs Smith.

Progress towards a final investment decision for the $20 billion Wheatstone project is gathering pace with operator Chevron today awarding the offshore component of a key contract to Technip Oceania and WorleyParsons subsidiary, Intecsea.

The partners in the Woodside-led Browse Basin gas project must spend $1.25 billion within the next three years under the terms of a lease renewal offer made by the federal and state governments.

SHARE options are a common part of high-level remuneration packages intended to be powerful incentives for company executives- but they can quickly go 'underwater' when markets tumble.

IF you measure the value of a chief executive by the salary he or she takes and compare it to what heads of similar size companies receive, Andrew Forrest would come out on top in Western Australia year in, year out.

PLANNING Minister John Day has released a new industrial lands strategy with a focus on general and light industry needs for the next 20 years.

BELMONT-BASED construction firm Pindan has responded to a spike in demand for transportable housing by creating a new transportable housing company, Formas Australia.

THE state government will defer a mandatory introduction of six-star green-star energy efficiency requirements to new residential building projects for 12 months, following a five-year campaign against the proposed amendments by the Master Builders Associ

THE Diabetes Research Foundation of WA has embarked on a $1.2 million fundraising initiative to finance research designed to tackle the escalating health and financial toll of diabetes in Western Australia.

Despite a certain ambivalence towards the industry, a local restaurateur has staked his claim in Scarborough and Hillarys. Russell Quinn reports.

Premier Colin Barnett was in a good mood at a Chevron function earlier this week, remarking how politics is cyclical.

A WA senator believes local climate evidence contradicts the case for a Carbon Pollution Reduction Scheme.

The change in Liberal Party thinking on an emissions trading scheme constitutes a remarkable about face.

Dick Lester's changing strategy amid fallout from the GFC.

The corporate watchdog seems under-represented in this state.