China billions set to benefit WA economy; Rio shareholders still unhappy with deal; Axe to fall at NAB; Short-selling ban 'in the national interest'; Agencies in spotlight as banks push for ratings reform
Transport Minister Simon O'Brien has revealed that the state government is seeking federal funding for transport projects in Perth and Port Hedland costing a total of $1.3 billion.
Mirabela Nickel says that uncertainty over a planned $US133 million equity capital raising has cast significant doubt over its ability to continue operating.
South Hedland is set for a revamp after the government announced it has allocated $23 million from the royalties for regions fund for a redevelopment plan.
The state government expects to save over $1 million after it placed a cap on the value of homes for the first home owners grant which will leave 2 per cent of buyers ineligible for an assistance package.
The current backlog of ships has prompted grains handler CBH Group to implement a temporary system that will see grain marketers bid for shipping slots to export grain.
Nomad Building Solutions has secured contracts worth nearly $30 million from Woodside Petroleum for the construction of two housing lots in the Pilbara, which will house workers for the Pluto liquefied natural gas project.
Building approvals in Western Australia have nearly halved over the past year as the latest January figures solidifies the property slump in the state.
The turn in global markets has prompted Reindeer gas project owners Apache Energy and Santos to re-tender contracts, with Clough today awarded a substantially smaller contract compared to the $460 million deals it won last year.
Fertiliser plant set to create 1,500 jobs; Rio still open to iron ore merger; Investors face $7bn cut; ASIC to rule on short-selling; Weaker shares close to testing 3,000 level
THE possible closure of one of the state's largest integrated pallet manufacturers, Pinetec, could prove to be a boon for the local industry with one player keen to keep jobs in Western Australia.
GLOBAL education services provider Navitas will open its sixth college in the United Kingdom later this year as it executes a deal with the University of Plymouth.
GORDON Martin may preside over one of Western Australia's leading private businesses, but it was his recent experiences in the public sphere that shaped his understanding of the current economic crisis.
THE resources sector has undergone a rapid change in circumstances with falling commodity prices, private investors on strike, and a tough attitude by banks.
WESTERN Australia's big private businesses hold surprisingly uniform views on most subjects, and that extends to the federal government's $52 billion in extra spending via two stimulus packages.
THE Chamber of Commerce and Industry WA has denied its pre-budget submission to the state government includes a hit list of agencies it wants split or privatised.