Defiant Cockburn mayor Stephen Lee has heeded a state government request for his resignation, but has vowed to contest the mayoral elections in March this year.
The state government has given the go-ahead to a $230 million major expansion of the Joondalup Health Campus, which will double the size of the existing facility.
Shares in engineering and construction firm Clough have skyrocketed 60 per cent in trade today on hopes its previously terminated contract for work on the Reindeer gas field will be resurrected.
Perth-based copper miner Aditya Birla expects to save up to $5 million a month after it revealed a raft of cost saving measures in the wake of falling commodity prices.
Some 5000 jobs at Alcoa's Western Australian operations will be safe from a planned 13 per cent cut to Alcoa's global work force as part of sweeping measures to reduce costs as the global economic crisis curbs demand.
ASIC probes 'missing millions'; Banks pocketing rate cuts - business; Funds fear they may be sold short; Leighton slashes earnings forecast; Cloud on car sales
Perceptions of a softer housing market and better mortgage management have boosted the number of Western Australians intending to take out a home loan within the next year, a survey has found.
More than half of Australian businesses anticipate declining sales and profits in the March quarter amid fears of a steep rise in unemployment leading executives to prepare for a tumultuous year ahead.
Business braces for the worst; Lenders repossessing homes at soaring rate; Bosses eye early job cuts; ATO pursues new business dispute plan; NAB denies planning withdrawal from Britain
West Perth-based explorer Northern Iron has signed an initial five-year offtake deal with a subsidiary of the Tata Steel Group over its Sydvaranger iron project in Norway.
Takeover target Perilya has urged shareholders to vote in favour of a $45 million major acquisition by a Chinese company, in what has been described as "not fair but reasonable" by an independent expert.
Subiaco-based Golden State Resources has entered into a $3 million share facility agreement to raise additional funds for its Golden Eagle oil and gas project in Utah.
Low oil prices have forced Incremental Petroleum to defer non-essential exploration at its Edirne gas project in Turkey as it prepares for first gas sales for later this year.
Automotive Technology Group has broken into China's massive automobile market after it signed an exclusive distribution deal with a Chinese company for its Sprintex Supercharger products.
Business braces for wages battle; China manufacturers shrink again as global slowdown bites; Cape Lambert ready to pounce on assets; Resources exports will face tough year; Jobs plan to tackle next wave of crisis
The founder of collapsed property group Westpoint, Norm Carey, has been given back his licence to operate as a real estate agent, following a successful appeal in the State Administrative Tribunal.
Chinese steelmaker AnSteel is set to lift its stake in Gindalbie Metals to 36 per cent as the miner sets a date for a shareholders meeting for the approval of a $162 million placement.
Perth-based alternate energy explorer Eden Energy expects to start trading on the local market by March next year after it entered a deal to sell its stake in a Welsh coal bed methane project for over $5 million.
Phosphate Resources has warned it may incur some losses in some of the remaining months of this financial year, as it reports a profit before tax of over $62 million.
Magellan Metals, the miner at the centre of the Esperance lead contamination drama, has agreed to a $10 million commitment towards the clean up of the town and the establishment of a community fund.
The development and successful completion of Western Australian projects will be at risk under the federal government's proposed industrial relations changes, a state business lobby group says.
Pressure grows on banks over rates; Hogan stockbroker shuts the door; Pan pharma class action seeks $120m compo; Banks fees yield extra $2bn; Aussie hedge fund freezes payouts
Perth-based biotechnology company Stirling Products is teetering on the brink of administration as it cans a $960,000 capital raising and enters talks for the possible disposal of its assets.
