Macquarie Group has posted a 52 per cent fall in annual profit - its first decline in 17 years - as chief executive Nicholas Moore takes a hefty 99 per cent pay cut.
China Nonferrous Metal Mining Group Co (CNMC) is set to gain control of Lynas Corporation, which holds a rare earths project in Western Australia, after striking a $505 million deal.
Banks ordered to pay $1.6bn in compensation; Macquarie set to raise $1.2bn; Alumina to tap investors for $1bn to ease debt risk; Turnbull sees red on Rudd China policy; Swan reveals $50bn budget revenue hit
Japanese company INPEX has awarded AMEC Engineering the contract for the offshore front end engineering and design (FEED) for the Ichthys liquefied natural gas project in the Browse Basin.
A federal government report released today has recommended the establishment of a national offshore petroleum industry regulator to streamline the approval process for oil and gas projects.
Chevron says it will work with the state government on appropriate conditions for its multi-billion dollar Gorgon gas project after the environmental watchdog reluctantly gave the go-ahead to expansion plans.
Gold miner Newcrest Mining has withdrawn from its joint venture with Leederville-based SmartTrans Holdings over the Mount Mackenzie gold joint venture in Queensland.
Woodside Petroleum says production at its Vincent oil project will resume production at the end of June after a fire at its processing facility earlier this month.
Australia's largest resource project, the Gorgon gas development, inched closer to proceeding after WA's Environmental Protection Authority gave it qualified support today.
The steep economic slowdown reduced new infrastructure projects to a trickle in the first three months of the year, propped up only by a major federal government initiative, according to economic consultancy Access Economics.
Fortescue takes axe to $400m in costs; ANZ slumps on rising bad debt; Low rates boost WA housing market; Turnbull sets new ETS plan; Lower costs help nickel miners lift earnings
AGGRESSIVE and often controversial managed investment scheme (MIS) operator and latterly, corporate agriculture company, Timbercorp, has succumbed to the weight of its ever-increasing mountain of debt.
THE current condition and future use of the rural rail system across Western Australia as part of the state's grain freight network continues to generate debate, as stakeholders seek a commitment from the government to support the ageing infrastructure.
MADDINGTON-BASED Coote Industrial and associated company Greentrains have negotiated related fund raising deals worth $8 million with Victorian Caterpillar dealer Dale Elphinstone.
WITHOUT an information technology background, husband-and-wife team Ian and Vanessa Furlong had a major problem to overcome early on in the establishment of their online small business, Trade Chaser.
PROFESSOR Lyle Palmer's Laboratory for Genetic Epidemiology has been restructured to come directly under the control of the University of Western Australia, leaving the umbrella of the WA Institute of Medical Research.
GOVERNMENTS around the globe have, almost without exception, felt compelled to try and take charge of their economies to tackle the recent financial crisis.
LAST year's boost to the first home owners grant and cuts to interest rates have given rise to a two-tiered property market, with the first home buyer and sub-$500,000 market firing while the middle to upper end of the market languishes.
IF there's any upside to the current housing slump it would have to be the easing of several boom time pressures, such as labour shortages, input costs and time blowouts.
