Aussie dollar hammered as market prepares for another fall; Jobs to go as CBA swings the axe; Toymaker faces cash crunch, pair quit; US looks to fix ailing insurers; Funds call for guarantee
Gina Rinehart's Hancock Prospecting is investigating its Queensland asset further with the start of a feasibility study into a 30 million tonne per year coal operation.
West Perth-based Uranio has consolidated its ground position near the Mulga Rock uranium deposit in the Eastern Goldfields following the acquisition of the Ponton uranium project from Paladin Energy Ltd.
The Varanus Island gas facility is expected to be back in full production by the end of November, ahead of the previously targeted December date, operator Apache Corporation says.
Perilya Ltd will retain its Mount Oxide copper project after buyer Chalice Gold Mines Ltd asked for the acquisition deal to be terminated amidst the fall in commodity prices.
The iron ore price will be a leading indicator of Western Australia's economic health as the risk of a slump continues to rise, a leading economic forecaster has warned.
Perth public relations firm Porter Novelli, owned and managed by Paul Downie and John McGlue, will operate under the FD Third Person banner after it was acquired by Financial Dynamics International.
West Perth-based Automotive Holdings Group Ltd says it is working to replace its existing network of finance providers after major financier GMAC Finance Services withdrew from the local market due to the global credit squeeze.
The state's business lobby group is urging the federal government to come to Western Australia to discuss the impact of the global turmoil on local business and industry.
Heat on Rudd as billions are frozen; Treasurer approves Westpac merger; ANZ's profit slumps 23 per cent on bad loans; Clough faces 'please explain' on $23m coal loss; GMAC pull-out hits car dealers
Austal Ltd managing director Bob Browning said there are no plans for further staff cuts after the company laid off over 100 workers at its Henderson shipbuilding facility.
Treasurer Troy Buswell is considering an overhaul of the Department of Housing and Works after the agency revealed it will have a shortfall of $235 million this financial year.
Handini Resources Ltd has followed the downward trend of the overall market, debuting on the local bourse at an 8 per cent discount to its issue price.
Falling lead prices and costs associated with maintenance works at its suspended Wiluna operation in Western Australia have prompted miner Magellan Metals to lay off 18 people.
Analysts at brokerage Hartleys have downgraded its recommendation for Perth-based engineering firm Clough Ltd, saying the stock had one too many risks.
Premier Colin Barnett has today insisted that there is no disagreement with Nationals Leader Brendon Grylls over the royalties for regions policy, as the opposition steps up calls for more clarity on the funding program.
SunPower Corporation Australia Pty Ltd managing director Bob Blakiston has been elected as the new chair of the Western Australian Sustainable Energy Association Inc.
Mining services company NRW Holdings Ltd has been awarded a three-year contract, valued at $180 million, for works at OM Holdings Ltd's Bootu Creek manganese mine in the Northern Territory.
Revealed: secret RBA advice; 1 million 'to be out of work by 2010'; Inflation no longer rules Swan's day; China fears drive BHP, market down; GPT in $1.6b raising as chief goes
LABOUR market pressures remain high in the Western Australian economy, with the skills shortage continuing to hit hard and the wage price index running ahead of the rest of the country.
ACCOUNTING firm PPB’s convoluted history in Perth took another turn last week when advisory practitioner Jeff Herbert rejoined the company as a partner after operating his own consultancy for two year
THE West Australian Symphony Orchestra (WASO) has won three national awards, two with its business partner, Ernst & Young, at a ceremony showcasing the nation's best business and arts partnerships.
THE state’s economy could yet feel the impact of the global financial crisis, which has already lifted the cost of borrowing and could make it increasingly difficult to access finance.