Shares in West Perth-based Regis Resources remained steady in trading today following the announcement of a $45 million debt facitlity the company will use to develop its $73 million Duketon gold project.
Shares in Territory Resources have fallen eight per cent in morning trade after the company announced it has agreed to sell its stake in India Resources, as it moves to cut its debt.
An increased flow of credit into the housing sector, apparently due to a last minute rush by first home buyers to secure the full benefit of a more generous housing grant, looks likely to generate a boost to the economy.
The state's median land price has surged 11 per cent in the September quarter, while house prices rose 2.2 per cent to a median of $460,000, new final figures from the Real Estate Institute of WA show.
Cedar Woods Properties says it will restart its interim dividend next year after it tipped a $12.5 million full year profit for 2009/10 on the back of a strengthening residential property market.
The federal government has announced it will deliver a free superannuation clearing house service for small businesses with less than 20 employees through Medicare Australia.
The state's leading business lobby organisation said problems such as severe labour shortages, a lack of affordable housing, and infrastructure bottlenecks will hamper the state from realising its full economic potential.
Premier Colin Barnett has turned the first sod at Galaxy Resources' new lithium mine site to the delight of neighbouring Ravensthorpe locals who he said were dealt a hard blow earlier in the year by the closure of the BHP Billiton nickel operation.
West Perth-based Northern Iron has further strengthened its relationship with Sinosteel, signing a spot sales contract to sell iron ore to the Chinese market.
Azumah Resources has raised more than $4 million through an oversubscribed share placement as part of its push to fast-track exploration and development at its Wa gold project in Ghana.
The University of Western Australia has agreed to pay Sirtex Medical $3.25 million to cover costs relating to an intellectual property matter involving Dr Bruce Gray.
New vehicle sales in Western Australia slumped 11 per cent in October as national sales rose for the first time in 16 months in a further sign that the economy is on a recovery path, new figures show.
The competition watchdog has given its final approval to the Gorgon gas project partners to jointly market gas sales to the Western Australian market, despite protests it will drive gas prices higher.
BIG box liquor stores have been threatening to overwhelm the traditional players for a decade, much as their hardware counterparts have become dominant in that market.
THE owners of two Perth office buildings have been awarded grants under the federal government's Green Building Fund for upgrades to make them more environmentally efficient.
As the University of Western Australia seeks leave to appeal to the High Court over a blow to its intellectual property rights, universities and employers nationwide are wondering what they need to do to avoid a similar fate.
LIKE Perth's CBD, the suburban shopping centre landscape has been defined in 2009 by an abundance of new retail space becoming available to the market.
LIMITED opportunities at Perth's premier strip shopping locations will keep rental values at current levels, as existing retailers hang onto their leases and rarely choose to exit the coveted locations.
