The Chamber of Commerce and Industry of WA has identified 33 government agencies which it believes are superfluous and, subject to review, need to be consolidated, abolished, or have their services privatised or contracted out.
Southern Cross Electrical Engineering has forecast a 28 per cent increase in its full-year net profit after it was selected as CITIC Pacific's preferred contractor for the Cape Preston iron ore project.
Perth-headquartered Cash Converters has lifted its full-year net profit guidance to up to $15 million as it delivers a record first half profit result, boosted by acquisitions in Australia and the UK.
Project delays as a result of the global economic crisis have impacted RCR Tomlinson's half-year net profit despite the company booking a record revenue result.
Perth-based Po Valley Energy has successfully raised $10 million through a private placement, with funds raised to progress four Italian gas development projects.
Perth-based Clough has secured a $116 million contract for works at the Montara oil project in the Timor Sea from a Thai company, which less than two months ago bought Coogee Resources.
Henderson shipbuilder Austal expects revenue and profit to continue its downward trend in the second half of fiscal 2009, as it reports a 43 per cent fall in first half net profit.
Updated figures from the Real Estate Institute of Western Australia confirm that Perth's housing prices underwent four consecutive quarterly falls in median price in 2008 - something not experienced since 1982.
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Vietnam opened its first oil refinery on Sunday after more than a decade of delays, with Prime Minister Nguyen Tan Dung declaring the complex vital for "national energy security".
The sluggish property market has impacted Cedar Woods Properties which reported a net loss of $5.6 million for the first half of the 2009 financial year, down from the prior corresponding period's net profit of $4.6 million.
A near $5 million impairment charge to one of Coventry Group's divisions has impacted the company's bottom line, which fell 61 per cent for the first half of fiscal 2009.
Kresta Holdings expects difficult market conditions to continue well into next year as it posts a 57 per cent slump in its half-year net profit to $1.5 million.
Mineral sampling equipment manufacturer Essa Australia expects to remain profitable during the second half of this financial year after it posted a 34 per cent drop in its interim net profit.
Oil and gas services company Mermaid Marine Australia has reported a 63 per cent lift in its interim net profit on the back of higher margins from its international business.
Education services provider Navitas has executed an agreement with the University of Portsmouth in the UK to establish International College Portsmouth.
A sharp fall in the nickel price, the Varanus Island gas explosion and write downs have all contributed to a red calendar year for Minara Resources, which reported a net loss of $19.8 million, down from the previous year's $270.5 million net profit.
Shares in Carnegie Corporation have risen as much as 27 per cent in trade today on the back of the state government investing $12.5 million in the company's new low-emissions power station off the coast of Albany.
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Premier Colin Barnett remains optimistic that Inpex may change its mind over the location of its $15 billion liquefied natural gas project after meeting with the company's senior executives.
Mining entrepreneur Tony Sage has been appointed to the board of Perth-based gold explorer Tianshan Goldfields, taking over from Graham Woolford who has tendered his resignation.
Gold miner St Barbara, which holds operations in Western Australia, expects to extend its half-year loss to some $44 million as a result of write downs and lower carrying values of listed investments.
Engineering and construction company Paladio Group says it is well placed to deliver a profit for fiscal 2009 despite a possible $4 million hit from the suspension of works at the Windimurra Vanadium project.
