It has been a dismal 2008 for company floats with initial public offer activity of non-resource stocks in Western Australia raising only 20 per cent of that achieved last year, a study has found.
Privately-held IMC Resources has broken its silence on events surrounding Atlas Iron's shareholder meeting, disputing claims that it swayed stakeholders to vote against the re-election of chairman David Nixon.
The home building sector will not gain the full benefit of falling interest rates and a tripling of grants for first home buyers unless more land is released, a new report says.
Rio Tinto's review of its Pilbara expansion projects has resulted in the termination of a $25 million accommodation construction contract with East Perth-based Fleetwood Corporation.
BHP Billiton's approval to proceed with further expansion works at its Pilbara iron ore operations has proved to be a boon for Macmahon Holdings, which today secured a $50 million contract with the miner.
Waste recycling company AnaeCo has entered into a partnership with a UK-based firm to expand its DiCOM waste processing system through India, China and South East Asia.
West Perth-based Azure Minerals has entered into a $4.6 million joint venture with Japanese government entity, JOGMEC, over two of its Mexican projects.
Agribusiness Great Southern has signed a conditional agreement to sell its Queensland asset for a discounted $23 million as it posts an annual loss of over $64 million.
Growing stamp duty bills on residential properties are impeding Australian home buyers' ability to enter the housing market, according to a new report.
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The state government says it will wait for an indication of federal funding for the $1.5 billion development of the Oakajee port and rail project before finalising an agreement with the proponent.
BHP Billiton has emerged from its decision to dump a $100 billion-plus takeover for rival Rio Tinto Ltd with 'buy'recommendations from analysts, while Standard & Poor's has maintained its rating for Rio but warns of a downgrade.
The logistics division of Automotive Holdings Group has buffered the company from further losses as its core retail division suffers a 24 per cent fall in earnings over the past four months.
EFTel has forecast a loss making December half of over $2 million as it enters into a partnership with internet service provider Dodo to help deliver its BroadbandNext network.
Western Australian-based Rod Jones, founder and managing director of education services provider Navitas, has been named this year's Ernst & Young Entrepreneur of the Year.
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A group of the state's big gas users have called on government to adopt a fiscal incentive package that will encourage domestic gas supply and take away the current focus on exports.
ERM Power is keeping quiet about its intentions over the potential sale of Babcock & Brown Power's interests in two Western Australian power stations to ANZ.
Agribusiness investment company Timbercorp has suffered a 32 per cent fall in annual net profit thanks in part by write-offs and provisions made during the year.
High debt levels, the global economic downturn and BHP Billiton's decision to pull its takeover proposal have prompted credit ratings agency Fitch Ratings to remove Rio Tinto from its 'rating watch positive' list.
The state government is seeking public comment on a new rail-based transport connection in Kwinana to alleviate heavy vehicles using main roads between Fremantle and Forrestfield.
A falling share price has prompted agricultural investment manager Great Southern to delay next week's meeting of project investors, who were to decide on a restructure proposal of the company.
China has lowered its key one-year lending rate 108 basis points to 5.58 percent, the most in 11 years, extending efforts to prevent an economic slump less than three weeks after unveiling a 4 trillion yuan ($586 billion) stimulus plan.
FISHING and pearling group MG Kailis Holdings Pty Ltd slipped into the red in the past financial year after a combination of poor economic factors and isolated catchery issues hit the Fremantle-based company.
PERTH'S not-for-profit sector appears to be less exposed to the financial crisis than similar groups in the eastern states, which are bracing for a cutback in donation pledges and sponsorship deals from business.
AUSTRALIA'S largest mortgage aggregator, Australian Finance Group, has reported strong growth in profits for the 2008 financial year, but the entire industry is struggling in the current economic climate, and the extended outlook is far from clear.
BUILDING a business on strong personal relationships has proved a successful formula for the owners of West Perth-based Fiori Coffee, who recently received a national accolade for their coffees.
The Australian stock market made its biggest daily percentage gain in 11 years on Tuesdsay, with shares closing up more than 5 per cent, boosting the value of all stocks on the bourse by $37 billion.
