Wesfarmers has successfully completed the final phase of its fully underwritten Entitlement Offer, raising in total approximately $2.5 billion to help fund its purchase of Coles Group.
Perth was officially the worst performing major housing market in the past year, with national real estate figures showing the median price slumped 1.1 per cent to $460,000, the only market to record a fall in that period.
Exploration company Spitfire Resources Limited has moved to diversify its asset portfolio and commodity base by acquiring an advanced coal project in Tasmania.
Energy and Minerals Australia Ltd has successfully listed on the Australian Securities Exchange today, with its shares closing at $0.60 cents, 50% above the issue price.
The Federal Court today ordered the militant construction union and two of its organisers, including assistant secretary Joe McDonald, to pay $35,000 in fines following industrial action at BHP Billiton's Ravensthorpe nickel project during 2005.
Specialist mineral drilling services company Swick Mining Services Ltd has appointed William Gove to the newly created position of General Manager (North America) as the company moves to expand into the North American mineral drilling market.
Iron ore and coal miner Aquila Resources Limited has announce its intention to separate the Company's exploration business from its production and advanced development assets.
The state government has provided additional financial assistance to the operator of a heavy boat lifter facility in Geraldton, bringing to $1.128 million its total assistance.
The Minister for Immigration and Citizenship, Senator Chris Evans, today announced that Minimum Salary Levels (MSLs) for temporary skilled overseas workers will increase by 3.8 per cent from 1 August 2008.
Dob in insider traders: ASX; Wesfarmers shareholders wait for cash back on rights issue; Irons in the fire: Sinosteel still interested in Fortescue; New chief quits, Empire rethink; Macmahon Ausdrill bid faces top-up
Empire Beer Group Ltd has become the latest Western Australian boutique brewing company to review its strategic direction, following the resignation of its acting chief executive.
The building industry has welcomed a federal government review of the sector's industrial relations watchdog, saying it is "a positive sign that the government is committed to maintaining a tough cop on the beat".
Power minnow Perth Energy has announced a deal to purchase $30 million of energy a year from state generator Verve Energy to supply customers at the lower end of the contestable range over the next five years.
The Australian Securities and Investments Commission (ASIC) has taken action over the sales and debt collection practices of companies in the GE Money group.
The State Government today announced it has finalised the acquisition of land for the new Perth Police Complex in Northbridge, with construction works scheduled to start in 2008-09.
Takeover target Midwest Corporation Ltd said today it was seeking to establish an acceptance facility for shareholders who want to accept Sinosteel's takeover offer but want protection from a cut in the price they receive.
Global education services provider Navitas Ltd has acquired Cytech Intersearch Pty Ltd, a small NSW-based labour hire company servicing the healthcare industry.
South Perth-based Central Petroleum Ltd has released details of its $6 million fund raising via a pro rata rights issue to shareholders to address the dilutionary affect of a bond subscription deal with DB Zwirn Mauritius Trading No 3 Ltd.
Perth-based Quickflix Ltd has lodged its offer document with respect to a rights issue to raise $4.1 million to fund development of its national DVD rental business.
Two Perth companies have been fined in the Perth Magistrate’s Court for pressuring employees to sign Australian Workplace Agreements, recently abolished by the federal government.
Property developers in Western Australia may soon be required to pay local governments an amount of money towards community infrastructure determined by a set calculation, under a policy to be introduced by the state government.
The state government has introduced a new long-term rental model for the inner-city area, which aims to increase the supply of affordable rental accommodation in Perth.
It ranks poorly in terms of salary and is largely ignored in immigration quotas, yet the hospitality sector is viewed as critical in terms of helping Western Australia overcome its labour shortages.
Former Liberal senator Ian Campbell is an unlikely eco-warrior but his track record since leaving federal parliament last year definitely has a green tinge, albeit with a very corporate approach.
With transit-oriented, high density development firmly on the state government’s agenda, the Town of Vincent is planning to rezone a large area of land along Newcastle Street to allow mixed-use development of five and six storeys in height.
Their visits may be infrequent, but every time one of the floating palaces known as super-yachts visits our shores it could inject more than $1 million into the local economy.
West Perth-based clean energy company Cool Energy Ltd has joined forces with one of Australia’s premier geological storage companies to provide what it claims is a total service solution for the capture and storage of carbon dioxide.
