The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.
Subiaco-based Global Nickel Investments will branch out into the medical sector following a proposed deal to acquire Minomic International for around $6.4 million in cash and scrip.
Golden Gate Petroleum plans to raise up to $6.32 million through a share purchase plan, with funds to go towards ongoing development work at its Bullseye oil project in the United States.
Shares in Forge Group have surged as much as 59 per cent as the company secures $97 million worth of contracts, including work on the Pluto liquefied natural gas project and the Dampier to Bunbury pipeline.
The state government has awarded two contracts valued at nearly $5 million to Southern Roads Services to upgrade highways near Mount Barker and Balingup.
The privatisation of the state government's 300,000-member superannuation fund GESB remains stalled, with an expanding number of problems - including tax treatments - preventing the state from giving the move the green light.
Perth-headquartered Pure Energy Resources shares have surged as much as 29 per cent after BG Group launched a $796 million takeover bid for the coal seam gas explorer.
Economists at odds over Rudd's $42bn stimulus; BHP 'must not' dismantle mine; Downturn pulls plug on IT boom; Copper leads rise in metals prices; Blue chips help MAC buck trend
The DomGas Alliance says the federal government's emissions trading scheme could lead to higher gas and electricity prices, domestic gas shortages and undermine the country's efforts to cut greenhouse gas emissions.
Directors in oil and gas explorer Comet Ridge have unanimously recommended a friendly merger with unlisted public company Chartwell Energy, which has coal seam gas assets in New Zealand.
Industrial software provider ISS Group has signed a $2 million contract with an Egyptian company over its BabelFish Suite of products and associated services.
Agribusinesses in Western Australia are enjoying the flow on effects of better seasonal conditions with the best business performance results nationally, according to latest figures from the the Westpac and Charles Sturt University Agribusiness Index.
Initial study results into Heron Resources' Kalgoorlie nickel project has estimated capital costs at $US1.5 billion ($A2.2 billion) and a projected mine life of 34 years.
The owners of the Dampier to Bunbury natural gas pipeline have taken direct control of asset management activities that previously were run by Babcock & Brown Infrastructure subsidiary Westnet Energy.
Oakajee 'the only long-term option'; Sage snaps up $73m debt; Coke deal loses its fizz; LNG aid irks gas alliance; BHP rules out Rio bid, concedes Ravensthorpe flawed
The Telethon Institute of Child Research has been awarded a $9.7 million grant by a national medical council to undertake an unprecedented program of research into pregnancy and early childhood.
Western Australia's native timber industry has expressed shock at the state government's blanket rejection of requests for financial assistance, predicting job losses and mill closures will result.
Aquila Resources has partly resolved a dispute with its joint venture partner AMCI after both agreed on Anketell Point as the preferred port site for the West Pilbara iron ore project.
iiNet will lodge its defence in the Federal Court today over allegations the internet service provider authorised customers to download films in breach of copyright laws.
Staff numbers at the Western Australian arm of engineering contractor Clough will be cut by around 45 as part of restructure plans to ensure operational effectiveness.
Global Construction services plans to raise up to $4.7 million through a placement and has launched a share purchase plan, all in a bid to increase working capital and strengthen its balance sheet.
VDM Group is expecting a better second half performance after forecasting its first half profit to fall to $3 million, prompting its shares to fall by as much as 63 per cent in trade today.
The tax office has warned mining companies to be cautious before entering into arrangements that allow for immediate deduction claims for future obligations to rehabilitate a mine site.
Treasury head says spend now; Suncorp's issue shock as CEO goes; Macquarie profit set to slump; Cost cuts spook PwC partners; Lend Lease slumps on raising
Environment Minister Donna Faragher has indicated she will set more stringent conditions for the proposed desalination plant at Binningup, to ensure protection of the surrounding bushland and marine environment.
Local councils have up to six months to advise the state government of their amalgamation plans and intentions to reduce the number of elected members.
