Perth has come out top of the pops in radio advertising revenue, experiencing the largest percentage increase to reach some $85 million in 2008 as the medium proves to be the most resilient of the traditional media in tough economic times.
C@ has ceased the employment of all executive personnel and terminated the lease on its East Perth warehouse as it drops its $70 million acquisition of a carbon capture project.
Minemakers expects to substantially lower operating costs and increase planned production for its Wonarah phosphate project in the Northern Territory after it entered into a study deal over a rail link to the tenement.
Macquarie braces for rare profit fall as deals dry up; $1.8bn rort stuns big Australians; Layoffs loom in building industry; Trujillo puts $2bn tag on broadband loss; China pushes for quick round of ore price talks
Some 21 per cent of Mount Gibson Iron shareholders have participated in a $96.5 million rights issue, with the remaining shares to be taken up by APAC Resources and Shougang Concord.
Takeover target Perilya says it has lodged its "concerns" to market and corporate watchdogs over suitor CBH Resources' response to a $45 million placement to a Chinese company.
Perth-based oil and gas explorer Otto Energy plans to start drilling the Santa Rosa tenements in Argentina in June this year after the approval of a near $6 million exploration budget.
Comedian Mary G, Professor Fiona Stanley and local government chief executive Ricky Burges are just a few of the names appointed to a new, nine-member Indigenous Implementation Board to be chaired by Lieutenant General John Sanderson.
Fortescue Metals Group has reached its targeted 15 million tonne shipment for 2008 while it was 1 per cent shy of its mining goal at its Cloudbreak mine in the Pilbara.
Equinox Minerals has hit a hurdle with its offtake partners over its Lumwana copper mine in Zambia as it puts its uranium project on the backburner and prepares for a court hearing over power supply.
The state government has given the go-ahead for a new $135 million hospital in Albany, which will service more than 50,000 local residents in the Great Southern region.
Building approvals in Western Australia have slumped 30 per cent in November to levels not last seen in nearly eight years, as a lack of credit and economic uncertainty stopped investors from buying property, economists say.
Australian mining unions are still pushing ahead for substantial pay rises, particularly for Western Australian power workers, at a time when mining giants are planning massive staff cuts.
The directors of WA listed company Fusion Resources have accepted Paladin Energy's takeover offer, with the uranium miner boosting its interest in the minnow to over 28 per cent.
Alcoa freezes pay, cuts contractors; WA gas prices to surge on Citic deal; Babcock down for the final count; Fletcher loses Midas touch as car venture fails; Gillard tells unions - jobs not pay rises
Iron ore hopeful Brockman Resources has appointed UBS Investment Bank as its corporate advisor to help capitalise on the current global market conditions and assess business opportunities.
The market capitalisation of Western Australian listed companies remained steady at $75 billion in December but was down by over $100 billion on the same period last year, according to the latest Deloitte WA Index.
Miner CBH Resources has slammed the board of its takeover target Perilya over the recommendation to shareholders to approve a $45 million share placement to a Chinese company.
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.
