Engineering and infrastructure firm GRD will be hit by a significant one-off charge after agreeing to sell its loss-making Australian waste treatment facility in a bid to boost its financial position.
Recession looms as growth drops close to zero; Listed WA companies drop $17bn; Hostile opposition to Qantas changes; Rudd plots bankroll plan; Varanus gas explosion rocks national accounts
WORKERS have been given greater flexibility to resolve workplace disputes through mediation with new legislation proclaimed this week by the state government.
THE chief executives of many of Western Australia's largest companies enjoyed substantial increases in guaranteed base income during the past financial year.
AN alarmingly high number of Western Australian businesses are currently operating without a succession plan in place, and with the baby-boomer generation on the verge of retirement, many enterprises could be at risk.
THE boom conditions in the resources, property and stockbroking sectors last financial year enabled nearly 20 Perth executives to earn cash bonuses of more than $500,000.
Australasian Property Investments is going ahead with the development of Scarborough's first high-rise development after an amendment removing height restrictions received ministerial approval, while plans for high-rise apartments are underway in Cotteslo
MINING entrepreneur Andrew Forrest provides a classic illustration of how share options, which are a key part of many remuneration packages, can be extremely valuable, and quickly become worthless.
AN interest rate cut by the central bank failed to stem falls on the Australian share market, which closed 4 per cent lower after taking its cue from weaker global bourses.The benchmark S&P/ASX200 ind
REMUNERATION packages for the non-executive chairmen of some listed companies in Western Australia continue to attract attention, with significant fees outlaid to keep these part-timers at the head of their respective tables.
AN interest rate cut by the central bank failed to stem falls on the Australian share market, which closed 4 per cent lower after taking its cue from weaker global bourses.The benchmark S&P/ASX200 ind
THE $174 million infrastructure upgrade at the Australian Marine Complex has passed a major milestone with the arrival of a $60 million floating dock at the Henderson shipbuilding precinct on schedule.
AFTER much controversy in recent years surrounding the remuneration package for the position of director general of Health in Western Australia, this vital public sector role once again topped the list of public sector executive pay packets in WA.
SHARES in Fortescue Metals Group soared as much as 40 per cent on speculation the miner could be the target of a takeover bid by BHP Billiton or a Chinese firm.
SHARES in Fortescue Metals Group soared as much as 40 per cent on speculation the miner could be the target of a takeover bid by BHP Billiton or a Chinese firm.
TWO separate reports on the state's housing sector have painted another soft year as rate cuts and stimulus packages fail to resurrect the weakening industry.
THE global credit crunch has made a significant dent in Perth's commercial and retail sales for the year to November, with total sales value down 26 per cent on last year.
THE Australian share market finished November on a positive note, buoyed by bargain hunters snapping up shares in BHP Billiton and Rio Tinto, two days after the $100 billion takeover dissolved.
THE Australian share market finished November on a positive note, buoyed by bargain hunters snapping up shares in BHP Billiton and Rio Tinto, two days after the $100 billion takeover dissolved.
THE ASX 200 Index is currently trading with a trailing price to earnings ratio of less than eight times historical earnings, while consensus estimates for the 2009 financial year earnings place the index on a forward multiple of 10.
THE Australian share market closed around 2.5 per cent weaker despite gains in resource giant BHP Billiton and a positive lead overnight from Wall Street.
THE Australian share market closed around 2.5 per cent weaker despite gains in resource giant BHP Billiton and a positive lead overnight from Wall Street.
IT was quite fitting that the chairman of state tourism body Australia's North West, Ian Laurance, was awarded the industry's top individual honour last week, an award named after one of his earliest mentors.
