Broadwater Hotels and Resorts chief executive Scott Cogar has bought a majority stake in the company following a management buy-out from Futuris Corporation, and has teamed up with developer Barry Humfrey.
Bulk commodities iron ore and coal have largely driven Australia's export earnings to a record $42.6 billion for the September quarter, just before prices took a dive.
RBA signals caution on big rate cuts; Westpac taps market for $2.5bn; Rudd trims emissions target to 10pc; Sino Iron on track, insists Citic Pacific; Macquarie warns profit will fall as deals wither
Babcock & Brown Power has shaved off $20 million from its 2009 earnings guidance after taking into account its soon-to-be sold interests in two Western Australian power stations.
The University of Western Australia and the Committee for Perth have teamed up to appoint two international experts to lead a project benchmarking the liveability of Perth and its global connectedness.
Corporate lawyer Stephen Power has established a new law firm less than three weeks after Sydney-based Middletons moved into Perth by merging with his old firm Salter Power and with Franklyn Legal.
Perth-based gas company PO Valley Energy is a step closer to first production at its Italian project, following the completed connection to the country's gas distribution network.
The University of Western Australia has appointed Helen Wildy as the new dean of the graduate school of education, taking over from Bill Louden who takes up the position of senior deputy vice-chancellor early next year.
West Perth-based Apex Minerals expects to pour first gold from its Wiluna gold mine next week after technical plant delays were repaired quicker than expected.
Less than a month after the termination of a friendly merger, West Perth-based Kalahari Minerals has called for the chairman of Extract Resources to be removed.
Job advertisements in the state's mining sector fell over 5 per cent for November as a private job index for the country slumped 46 per cent from a year ago.
Despite the increasing rate of job losses around the globe, Australian finance and accounting professionals remain optimistic about job prospects, as found in a 14-country survey by international recruiter Robert Half.
The challenges of late 2008 look set to carry over into the new year with business chiefs anticipating further erosion of profits and sales as credit market conditions, a volatile Australian dollar and inflationary pressures impact prospects for 2009.
Australian companies are still chasing growth opportunities despite the global economic downturn and a dive in consumer spending, according to Ernst & Young research.
Job fears grow, but unions want more; Non-bank lenders hurting; Miners tear into ETS proposal; BHP, Rio face $2bn iron threat; Qantas plays down BA merger
Subiaco-based Chrome Corporation is seeking to have its self-imposed trading halt lifted following an announcement from the company about the sale of its 74 per cent interest in a South African chrome project for $41 million.
Oil and gas producers Apache and Santos have officially deferred development of the $900 million Reindeer gas project, as forshadowed last week in WA Business News, with engineering company Clough likely to be the biggest loser.
A crane has failed during a maintenance operation at Wesfarmers' Curragh coal mine in Queensland causing major structural damage and leaving one worker injured.
Economic forecaster BIS Shrapnel says the Australian economy will not fall into recession, despite the dismal growth in real GDP in the September quarter.
Tax board targets GST red tape; Oil price plunge alarms OPEC; Iron contracts in jeopardy; Spanish airline a barrier to Qantas merger; Garnaut warns - don't go alone
A company with an indirect interest to Western Areas chairman Terry Streeter has pocketed nearly $2 million from the on-market sale of the miner's shares over the past four days.
West Perth-based Jupiter Energy is looking for a potential farm in partner for its oil project n Kazakhstan as it drops plans to buy a nearby oil field valued at $77 million.
Perth-based CityView Corporation is facing a shareholder revolt with a group using the internet to express their concern over chief executive Mark Smyth and his management of the company.
Applecross-based funds manager Questus and property developer Australian Property Alliance are planning to build $52 million in new housing after receiving approval under the federal government's National Rental Affordability Scheme.
Como-based Aquila Resources says it is seeking potential co-developers for a port at Anketell Point, which has been selected as the preferred port site for the $4.1 billion West Pilbara iron ore project.
Osborne Park-based Immersive Technologies has secured another major client with Downer EDI exclusively choosing the company's simulation training program to support its training sites across the country.
Atlas Iron has celebrated a milestone at its Pardoo iron ore project in the Pilbara with the shipment of first ore through Fortescue Metals Group's Herb Elliot port.
Woodside Petroleum says it will continue negotiations with the Kimberley Land Council over a compensation package for a proposed gas hub after traditional landowners knocked back a proposal.
Mining services company Mineral Resources has secured a pipeline contract with Brunei Shell Petroleum as it announced a share buy back scheme in a bid to boost shareholder value.