British bank Lloyds TSB announced today it was taking over rival bank HBOS - the parent of Perth-based BankWest - in a 12.2 billion pound ($A28 billion) deal.
The Clough family, including patriarch Harold Clough, has sold its remaining shareholding in the engineering and construction company Clough Ltd, pocketing over $21 million from an on-market sale.
Oil Basins Ltd has applied to the Supreme Court of Western Australia for an urgent hearing into an alleged breach of obligations by a Perth-based Australian Worldwide Energy Ltd subsidiary over licences in the Canning Basin.
Following a change of plans, Mid West-focused explorer Base Iron Ltd has closed its $4 million initial public offer early with plans to list on the Australian stock market in early October.
Moly Mines Ltd said it is in ongoing talks with investors over financing arrangements for its $1.1 billion Spinifex Ridge molybdenum project, as it finalises a $190 million interim financing facility.
Fears of global crash see US take over big insurer; TLG knocked back tied gas supply; Moly Mines dips again on nervousness about project funding; Tidy windfall off back of credit slump; Employers win new IR powers
INTERNATIONAL visitors to Western Australia are still spending more and staying longer than visitors to any other state, according to the latest international visitor survey by Tourism Research Australia.
WESTERN Australian mining services companies, consulting firm COSOL, engineer GRD Minproc and testing equipment producer Essa among them, are taking advantage of the booming mining and resources market in Latin America.
PEAK industry groups in Western Australia have voiced concern over the federal government's proposed Carbon Pollution Reduction Scheme, saying it would adversely affect exporters.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resources.
THE head of Western Australia's peak adult medical research group has warned that the state's potentially world-leading research industry will falter unless academics embrace commercialisation.
THE development approvals process in Western Australia is beset by a number of challenges, but none is likely to have a wider impact than the Carnaby's cockatoo.
Emeco Holdings appoints Cahill FORMER Alinta Infrastructure Holdings chief executive officer John Cahill has joined the board of mining services company Emeco Holdings Ltd as an independent non-execut
ONCE a political white elephant, the proposed stage two expansion of the Ord River irrigation system could yet be revived, thanks to the National Party's strong showing in the recent state election.
THE City of Cockburn has approved the construction of what will be the tallest building in the new transit-oriented Cockburn Central development - a 17-level apartment tower with ground floor retail space.
FORMER National Lifestyle Villages chief executive John Pirie has been recruited by property group Rapley Wilkinson to the position of general manager, business development/strategy.
TEN-YEAR government bonds effectively set a risk-free rate of return for investors, since these government-backed securities guarantee an investor's initial capital investment.
CIVIL contractor Brierty Ltd has appointed former United Group Ltd executive manager Stuart Croft as its new chief executive to take over from company founder Alan Brierty.
Minara Resources Ltd non-executive directors Ivan Glasenberg and Willy Strothotte have increased their interest in the company, held by Glencore International AG, through the on-market acquisition of
INTERNATIONAL companies are steering away from Western Australia because of industrial relations instability and confrontational unions, the WA Business News forum has been told.
LAUNCHED by former premier, Alan Carpenter, last July, the WA Premier's Arts Partnership Fund is off to a good start with $35,000 of private business contributions locked in already.
Another gold miner in administration THE Australian gold division of Toronto-listed company GBS Gold International Inc has been placed into voluntary administration after it defaulted under its curren
PERTH is emerging as the gateway for international service and maintenance firms in the oil and gas sector, with many strategically positioning themselves here for the expected boom in the fast-growing Asia-Pacific region.
ALMOST $2 billion worth of new infrastructure projects planned by the former Labor government may yet be shelved, as the newly-elected minority Liberal government attempts to meet the terms laid down
