Commodity exports are forecast to fall by 17 per cent in the 2010 financial year but farm export earnings are expected to rise over the next two years, a report for the nation's commodities forecaster says.
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Mining services company Emerson Stewart Group has posted a strong first half result, with an interim net profit after tax of $1.5 million, a 125 per cent increase on the previous corresponding period.
Two Japanese companies will buy into the Lake Maitland uranium project in Western Australia after owner Mega Uranium sold a 35 per cent stake for $77 million.
Coote Industrial says it is still waiting on a $75 million payment from the sale of locomotives and wagons as it posts a 70 per cent fall in its first half net profit.
Skywest Airlines has booked a near $3 million half year net loss after accounting for one-off impacts including a $5.7 million cost associated with a major Rio Tinto contract.
BG Group is determined to remove Arrow Energy from the takeover battle for Pure Energy Resources as it lifts its already recommended cash offer to $8.25 for each share.
A strong six months for the project services division has helped to lift engineering firm Lycopodium's half year net profit up 66 per cent to $8 million.
Alinta owner Babcock & Brown Power has revealed an $18 million hit from the Varanus Island gas explosion as earnings for the half year dipped 9 per cent.
Engineering and infrastructure firm GRD has recorded a 236 per cent jump in full year net profit for its ongoing business, before the shine was taken off after a $58 million hit from the sale of a Sydney asset and other losses.
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Attorney General Christian Porter today announced the appointment of Kenneth James Martin QC as a Judge in the General Division of the Supreme Court of Western Australia.
It was frenetic time for the Australian oil and gas sector in 2008, with deals in the industry multiplying six-fold to $US17.2 billion ($A27 billion), a new study reveals.
Perth-based Amcom Telecommunications has benefitted from its major shareholding in internet service provider iiNet as it today boosted its half year net profit by 38 per cent.
Clough says it will ramp up its position in the oil and gas sector after it agreed to sell its majority stake in Indonesian subsidiary PT Petrosea Tbk for $129 million.
Write-downs totaling $17.6 million and a sharp fall in the nickel price has resulted in Panoramic Resources reporting an $8.6 million loss for the half-year.
TFS Corporation says it is on track to achieve at least 15 per cent growth in net cash earnings for the 2009 financial year as it today booked a $5.2 million half-year net profit after tax.
Swick Mining Services has revealed it cut staff numbers by 120 late last year to match a sharp fall in demand for its drill rigs as it delivers a 30 per cent fall in its interim net profit.
A lower than anticipated performance from Alinta and other operating businesses has prompted Babcock & Brown Power to revise down its full year earnings.
The buoyancy of the oil and gas sector in the current economic climate has helped deliver record revenues and profit for the half year for Neptune Marine Services.
Po Valley Energy has secured three-years of forward sales from two of its Italian gas fields, valued at around $150 million, after signing a second offtake deal with Elettrogas.
Wealth management company Plan B Group Holdings has paid some $7 million in cash and scrip to acquire a majority interest in Melbourne-based wealth advisory business, Strategic Financial Management.
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THE Chamber of Commerce and Industry WA has named the Small Business Development Corporation, LandCorp and the state's eight port authorities as prime candidates for privatisation or review.
FEDERAL schemes designed to increase the uptake of solar panels have created plenty of business for companies like Solar Unlimited, but the rapid expansion is providing a major management challenge for the Western Australian firm.
TWO peak mining industry bodies have applauded the state government's announcement of an $80 million minerals exploration incentive, to be delivered over four years.
