Staff at Bendigo and Adelaide Bank have been asked to take 10 days unpaid leave as part of a short-term measure to reduce costs in the current economic climate.
Dioro Exploration has urged shareholders to reject a sweetened takeover offer from Avoca Resources, adding it had entered into confidential negotiations with third parties.
Seven Network chairman Kerry Stokes is speculated to be behind the latest purchase of a parcel of Consolidated Media Holdings shares valued at $28 million as James Packer confirms he has lifted his stake in the company to nearly 41 per cent.
Share surge on swelling confidence; States battle to contain wages; BHP takes hard ore price line; Allco debacle costs Sir Rod chair at ANZ; Asciano open to bids as boss sells
Perth hotels have recorded the largest increase in revenue for an available room over the past 12 months, with a jump of 19 per cent to just over $135, latest figures show.
Engineering firm Lycopodium says it has been awarded part of an optimisation contract by Fortescue Metals Group for work on the Cloudbreak iron ore mine in the Pilbara.
A $12 million solar power station to be built in Kalgoorlie has been scrapped after the company behind the operation, Solar Systems, could not get federal funding.
Creditors of collapsed Oz Brewing will have to wait a little longer to receive payment following continuing delays to the fulfilment of the deed of company arrangement (DOCA).
Two Perth-based resource companies have today entered deals to acquire assets in South Africa with Continental Capital acquiring a coal mine for $24 million while Coal of Africa will buy the remain
West Perth-based Azure Minerals has completed an initial evaluation of its Promontorio copper-gold-silver project in Mexico which has an estimated capital cost of $US27.3 million ($A35 million).
Acquisitive Cape Lambert Iron Ore has revealed further details of its takeover bid for Corvette Resources, with the offer valued at a total of $16.2 million.
A complaint has been lodged with the corruption watchdog against Premier Colin Barnett for alleged misconduct over the removal of a Peppermint Grove property from the state heritage list.
The state opposition has called on the government to explain a $16 million funding hole for the $880 million East Perth Riverside redevelopment project, which is competing with two other major Perth city projects for investment capital.
Avoca Resources says it is surprised that target Dioro Exploration has not provided a recommendation to its takeover bid as it today declared the offer unconditional.
VDM Group has sold the surplus assets of its subsidiary Civmec, including the name, for more than $2 million as part of the group's restructure and consolidation strategy.
Fortescue Metals Group says it is closely watching relations between China and Australia following the detention of four Rio Tinto staff as it forecasts a lift in demand in the short-term from Asian steel mills.
LNG boom big boost to economy; Karoon Gas 'bullish' on Browse Basin project; Investors sweat on Fortescue update to $400m costs drive; Stokes' power play tipped to escalate; China shuts the door on diplomats
The corporate watchdog has permanently banned former Hogan and Partners Stockbrokers employee Jonathan Kur after he lost more than $9 million of clients' money.
One month after striking a deal with Poseidon Nickel, West Perth-based Triton Gold has opened its initial public offer that is aiming to raise up to $6.5 million.
Ratings agency Standard & Poor's has upgraded its long- and short-term corporate credit rating for Rio Tinto following the completion of the $US15.2 billion ($A19.5 billion) rights issue.
Minemakers says it will move to compulsorily acquire the remaining shares it does not own in Bonaparte Diamond Mines after reaching a 94.32 per cent shareholding through its all-scrip takeover offer.
Christmas Island-Phosphate Resources would commit an estimated $50 million and set aside significantly more space as so-called green spots in order to gain approval to expand its operations.
Stockbroking firm Tricom Equities has been slapped with a record $1.35 million fine for "blatant and unmistakable" market manipulation spanning three years.
The median house price in Perth has risen by 3.5 per cent, or $15,000, in the June quarter as more owners traded up to more expensive homes while the rental market's vacancy rate is now higher than normal, new data shows.
