A prominent Western Australian economist and Treasurer Troy Buswell have both said the state is unlikely to dip into recession in 2011, as projected by economic forecaster Access Economics.
West Perth-based Carnegie Corporation has entered into a preliminary agreement with the Department of Defence to investigate the feasibility of a wave energy facility at Garden Island off Western Australia.
Shares in BHP Billiton have climbed higher despite a report the miner could close its Ravensthorpe nickel mine and some 700 employees may lose their jobs.
Western Areas Exploration Pty Ltd has been ordered by the Full Court of the Court of Appeal to pay for the appeal costs for Terry Streeter, chairman of unrelated company Western Areas, and his colleague.
West Perth-based oil and gas explorer GB Energy says it has the option to spend over $2 million to acquire a major interest in Protean Power which was developed a concept for a wave energy converter.
Shares in Balcatta-based Target Energy have fallen as the company withdraws from two gas joint ventures in the United States which is expected to save them over $2.5 million.
In what has been continuously described as a difficult market to raise funds, gold miner Avoca Resources has exceeded its $25 million capital raising target with stock issued at a slight discount to its share price.
Debt-laden Centro Properties Group completed a long-term refinancing agreement with lenders today, delivering its lenders 90 per cent of the company's equity and reducing pressure for asset sales.
Share bloodbath on fears of recession; Job losses send shares tumbling; Rio chairman takes fall for BHP bid debacle; CanWest may be forced to can Ten; Gillard defiant on jobs
OM Holdings says it has received overwhelming support from its shareholders for the introduction of Takeover Protection Provisions, which have been criticised by major shareholder Consolidated Minerals.
A study into the Mount Thirsty cobalt-nickel-manganese project in Western Australia has found the $606 million operation could catapult the joint owners into the world's top five cobalt producers.
The $4 billion price tag for the Oakajee port and rail project is expected to come down as the global economic downturn lowers the price of iron ore and mining project deferrals free up contractors.
Shares in Rio Tinto have fallen by as much as 10 per cent today as the miner posts a significant drop in iron ore output during the fourth quarter as the global market weakened amid the global economic slowdown.
The state government says it will provide an additional $31 million from the Royalties for Regions Scheme to increase support to country residents needing to travel away from their homes to access specialist medical services.
State government agencies have been ordered to slash advertising spend by 15 per cent and reduce the use of consultants by $5 million each year as the government undertakes a review into advertising and communications.
The effect of the global financial crisis is expected to become evident in coming months as Western Australia's December unemployment rate falls to a seasonally adjusted 2.8 per cent.
Wesfarmers set for storm; $60bn mining projects under threat; Argyle forced to axe 300 jobs; Telstra raises stakes with job cut plans; Write-downs weigh heavily on business
PERTH-BASED IT company L7 Solutions has been awarded a multi-million dollar contract from Western Power, the latest in a string of lucrative deals for the growing organisation.
CHILDREN'S charity Variety WA has involved young volunteers in its succession planning strategy to ensure the future of the not-for-profit organisation in Western Australia.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
IT took three years and a Herculean battle with the Town of East Fremantle, but Ivan Rutherford has finally completed the $2 million refurbishment of The Red Herring restaurant.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
SOME of the state's biggest users of energy have begun publicly reporting their energy consumption, many for the first time, under the federal government's Energy Efficiency Opportunities Act.
RIO Tinto has announced the postponement of plans for an automated train operation program in the Pilbara, as part of its strategy to cut costs and debt.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
DESPITE a significant fall in new vehicle sales across the country in 2008, car dealers in Western Australia retain a positive outlook for the year ahead.
