The mining boom has fed into mining services company Brandrill Ltd's full year net profit, which has increased 36 per cent to $11 million in fiscal 2008.
Is it a sign of the times? St George Bank has moved to take control of Warren Mead’s restaurant empire, appointing Shaun Fraser and Simon Read from McGrathNicol as receivers this morning.
The Australian Competition and Consumer Commission has been forced to take a tougher stance on accepting undertakings during mergers following examples of businesses acting in bad faith, ACCC chairman Graeme Samuel said today.
Small-medium enterprise investor Greencap Ltd has acquired two businesses in a scrip and cash deal worth $19 million while it plans to raise over $7 million through a share placement.
Civil construction company Brierty Ltd has posted a full-year net loss of $1.3 million after downgrading its profit twice in its first year of listing on the stock market.
The Carpenter government is working on a rescue package to stop the closure of some of the state's rural rail network, owned by embattled Babcock & Brown, but will not bail out the entire network.
Balcatta-based clean energy technology group Orbital Corporation Ltd has confirmed plans to continue to expand in aligned business sectors after today announcing a $500,000 net annual profit.
Miner Mincor Resources Ltd has reported a 36 per cent fall in net profit for the 2008 financial year to $64 million on the back of lower nickel prices.
Wesfarmers Ltd's share price slumped today after it announced a 33 per cent increase in net profit for the year ending June 2008 of just over $1 billion but a fall in earnings per share.
Engineering company Clough Ltd has turned around its 2007 financial year loss into a net profit of $67 million while its order book stands at $1.2 billion.
Falling commodity prices have hit Perth-based miner Perilya Ltd which will halve ore production at its Broken Hill operation in South Australia and cut 440 jobs.
'Game on', unions warn iron miners; Farmers want state to pick up WestNet; Jobs ditched as metal prices tumble; St George loses hope of higher bid; Ausdrill battle 'down to wire'
Western Australia might be home to the nation's richest man and awash with riches amassed from property and mining booms, but that doesn't necessarily translate into funding for online businesses.
At the height of the tech boom almost a decade ago it would have been laughable to suggest that one of Western Australia's most successful internet entrepreneurs would offer local weather information to fishermen.
At just two and half years out of school, it would be easy to think Paul Slee, as part of an increasingly wired generation, is the right age to be running an online business.
There has been a dramatic changing of the guard in Western Australia's IT consulting sector, with one-time industry heavyweight Unisys suffering a big loss of contracts and staff over the past year.
The broadband question is an inevitable subject when a group of online entrepreneurs is brought together, though the issue did not raise temperatures as much as could be expected at the WA Business News forum.
Although Star Anise owner David Coomer won't reveal the name of the North Perth venue he's planning to open as a new tapas bar, the restaurateur says he's just waiting for the green light from council before starting the project.
Australia Post has denied there is a backlog of mail across Western Australia after it emerged this week that documents sent by Burswood financial advisers Empire Financial Group were taking up to three weeks to reach fund managers.
Jan Kolbusz is the kind of technology professional manager who admits he would most likely have seen out his days in senior management if he didn't live in Perth.
The Labor government entered the state election campaign with a carefully crafted plan, but despite its best efforts, the second week of campaigning was dominated by unexpected twists.
Long-time State Scene readers may recall advice offered in this column to the Gallop government back in May 2002 on the best way to administer the then-emerging but now blossoming lobbying industry.
Perth fashion designer Aurelio Costarella has seen big changes during the past 20 years, with the sector overcoming its small town status to the point where it now attracts interstate and international interest.
Government involvement in the promotion of online business development should go beyond funding and reach more deeply into society, panellists at the WA Business News Online Business forum found.
Rusina Mining Ltd managing director Robert Gregory has increased his interest in the company through the exercise of 3 million options at $0.16 a total cost of $492,000.
Straits Salt Pty Ltd has come out with all guns blazing in its appeal against the Environmental Protection Authority after its $200 million Yannarie Solar salt project on the Exmouth Gulf was knocked back.
Contracting companies Abigroup, Macmahon Holdings, Laing O'Rouke and BGC Contracting have been the major beneficiaries of multi-million dollar road contracts awarded in Western Australia in the past two months.
