The decline in world investment markets has dented Perth-based wealth management company Plan B Group Ltd's funds under management, administration or advice.
The $10.4bn giveaway; Europe unites in $2.8 trillion shock and awe blitz on cash crisis; Base metals bounce as bailouts inject new hope; Credit crunch crimps broadband plan; Top lender falls into line with rates cut
Perth-headquartered Clough Ltd has been awarded a services contract by Chevron Australia Pty Ltd to support oil production facilities at the Barrow and Thevenard Islands located off the coast of Onslow.
Shares in Wesfarmers Ltd surged as much as 10 per cent today as the company assured investors it was confident it would be able to repay $1.26 billion worth of debt due in less than a year.
The Australian bourse has clocked up its best two-day gain in over 33 years after the market closed four per cent higher, following the biggest point gain ever on Wall Street and news of the federal government's $10.4 billion economic stimulus package.
As the Australian bourse continued its rally today on the federal government's $10.4 billion stimulus package, gold stocks were left behind as the price of the precious metal dropped.
The cost for Moly Mines Ltd's Spinifex project in the Pilbara has risen from $1.1 billion to $1.26 billion following the inclusion of costs for a power station after a deal with an infrastructure company fell through.
Perth-based Specialised Broking Associates Pty Ltd will be re-branded after worldwide broker Arthur J. Gallagher & Co agreed to take a stake in the company.
Investors have slashed the share price of Perth-based Avanco Resources Ltd after it came out of a three-month trading halt on news that it plans to raise over $2 million.
Australia's largest building association says measures announced by the federal government to boost the economy will support the housing market and increase activity.
Perth-based explorer Arafura Resources Ltd has accepted a $20 million loan from US-based investment fund YA Global Investments for the progression of the feasibility study into its Nolans rare earth-phosphate project.
Rudd's New Deal to beat world recession; ASIC sues KPMG over Westpoint audit; Fortescue flags iron ore prices to stay flat in 2009; BankWest buyer is confident over deal; Chinese steel cut worries Aussies
The sale of BankWest to the Commonwealth Bank of Australia is not expected to be impacted by the bailout of embattled parent company HBOS plc, which has accepted a $22 billion rescue package from the UK government.
The corporate watchdog has started legal proceedings against accounting firm KPMG over its role in the collapsed Westpoint Group, where alleged negligent auditing claims are in the order of $200 million.
Osborne Park-based A1 Minerals Ltd has discovered coal at its Narnoo project in the north eastern Goldfields, which is already prospective for other minerals including gold, nickel and uranium.
Shares in West Perth-based Bass Metals Ltd have jumped 45 per cent on news of record sales from the company's Que River mine and a $3 million cash injection.
Shares in West Perth-based Altera Resources Ltd have been placed into a trading halt, pending the announcement relating to its $13 million acquisition of an underground coal gasification firm.
Subiaco-based Western Metals Ltd remains on the hunt for an advanced asset acquisition after it walked away from negotiations with a UK-based company to acquire a copper-zinc project in North Wales.
Fortescue Metals Group Ltd has appointed former Cape Lambert Iron Ore Ltd chairman Ian Burston and former Oxiana chief executive Owen Hegarty to its board.
Banks anchored against storm; Resources slump blow to earnings; Rio lawyers threaten striking drivers; Fortescue eyes new port with mining giant's rail; Westoz sells 6.9pc into Cooper bid
The Wilcox discussion paper on the Australian Building and Construction Commission will pave the way for a return back to lawlessness in the building industry, Shadow Minister for Employment and Workplace Relations Michael Keenan said.
The numerous assurances that Australia is well-placed to ride out the financial storm have not stopped panicky investors from fleeing the market, with the benchmark indices hemorrhaging over 15 per cent in the past week alone.
The stock market carnage over the past year has seen the value of Western Australia's blue chip stocks cut by half from their peak value while other stocks have been smashed to as little as 10 per cent of their top price.
The Chamber of Minerals and Energy said new investments in the wholesale electricity generation market will be put at risk if Premier Colin Barnett pursues a re-amalgamation of Synergy and Verve Energy.
Federal Liberal Party deputy leader Julie Bishop has been recruited to the board of the West Coast Eagles, the first ever female director for the football club.
Perth-based Noah Resources NL will undergo a transformation following the approval of its acquisition of Namibian Copper Pty Ltd, and expects to re-list on the local stock market by the end of the month.
