The sale of mining services group Surtron has boosted West Perth-based Imdex Ltd's earnings for the 2008 financial year, jumping by 137 per cent to $32 million.
Babcock & Brown Power Ltd's share price has collapsed to a low of 20.5 cents today after the company said it faced impairment charges of $452 million, had sold one of its main assets for a loss and was reviewing its distribution policy.
Fears grow of an end to boom; CBA could move on BankWest; Territory claim in jeopardy; BHP iron ore port expansion plans face investor scrutiny; LNG prices tipped to rise 80%
Kalgoorlie-Boulder Resources Ltd has entered into a $3 million scrip deal to acquire private company Matsa Resources Pty Ltd which holds interests in projects in Western Australia and South East Asia.
Housing affordability in Western Australia has improved over the June quarter in what is the latest confirmation that house prices are weakening while across the country levels remained at a 24-year low.
Companies with an indirect interest to Western Areas NL chairman Terry Streeter have spent nearly $7 million buying shares in the miner over the past two days.
State shadow treasurer Troy Buswell has called for a short-term inquiry into the Varanus Island gas explosion with results released before Western Australians head to the polls.
West Perth-based Lonhro Mining Ltd will sell its stake in a South African diamond mine for over $15 million in a bid to focus on its flagship Lulo project in Angola.
Oil production and sales revenue from Subiaco-based Salinas Energy Ltd's North San ardo field in California has exceeded internal forecasts with revenue beating the budget by 25 per cent for July.
The state's public servants are to receive pay increases ranging from fifteen to twenty per cent over three years, ending a long pay dispute with the government.
QBE to buy PMI for $1.03bn; ASX poised to retain market watchdog role; Leighton lifts earnings in resources boom; Fortescue's Pilbara expansion plans spark raising mission; ASG proves resources boom is not only WA money spinner
HBOS, the UK parent of BankWest, has reportedly confirmed it will axe 425 jobs and close one of its five mortgage brands to new business in order to cut costs.
A legal technicality and market volatility has put a stop to TheBuzz Corp Pty Ltd's $5 million capital raising, with the Nedlands-based telecommunications company forced to change its plans.
Despite volatility dogging the markets since its debut on the ASX earlier this year, Perth-based investment company OzGrowth Ltd has posted a net profit of nearly $5 million.
Perth-based Stirling Products Ltd has acquired the worldwide licensing rights for the product PetQuench with sales expected to be in excess of $25 million over the first five years.
Nedlands-based mining services company Morris Corporation (WA) Pty Ltd has secured a contract to provide catering, village and airport management, and site cleaning services at Oz Mineral Ltd's Golden Grove mine in the Mid West region.
In what is its final step in transforming itself into a fully fledged resource company, former satellite communications stock Comdek Ltd has proposed a name change and a $12 million share placement.
After setting a world record time yesterday, Perth boy Eamon Sullivan has missed out on the gold medal at the Beijing Olympics in the 100 metre freestyle event.
Perth-based IT services provider ASG Group Ltd has reached its earlier earnings forecast, with full year net profit after tax up 28 per cent on the previous year to $9 million.
A boost in sales of the Perth-based TFS Corporation Ltd's managed investment scheme product has driven its full-year net profit up 44 per cent to $28 million, exceeding expectations.
CBA wary despite $4.8bn profit; RBA tells banks: pass on rate cut; Telstra investors hang up on lower $3.7b profit; Straits eyes long wait for $200m salt project; Metals to make a comeback: analysts
Three major developments in the gas, iron ore and power sectors this week have once again highlighted the ability of big projects to insulate the Western Australian economy from the global economic slowdown.
In a sign that Perth's commercial property market may be warming up, Wesfarmers House has sold to Jandakot-based Ascot Capital Ltd for almost $85 million, although the price represents a significant discount on the property's 2007 value.
Gondwana Resources Ltd managing director Warren Beckwith has increased his interest in the company through the acquisition of 1.5 million shares through the exercise of options and an off-market tran
Retail trading hours and major project development emerged as the top business issues in the first week of the state election campaign, with Labor and the Liberal opposition both claiming they have a better track record.
A $25 million refurbishment of the Perron Group-owned Mirrabooka Square Shopping Centre will be the first step towards a wider revitalisation of the area, if approved by council.
