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'
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.
PERTH-BASED Stirling Products Ltd has bought the worldwide licensing rights for the pet food product PetQuench, with sales of more than $25 million expected during the first five years.
Electricity generation hopeful Western Energy is a step closer to bringing its Kwinana power station proposal to fruition, after West Perth-based CTEC signed on to engineer, procure and construct the facility.
Indonesian media and culture scholar, Krishna Sen, has been appointed to lead The University of Western Australia's faculty of arts, humanities and social sciences.
Vietnam was once billed as Asia's next economic tiger, but double-digit inflation, a ballooning trade gap, tumbling share prices and banking sector concerns have dampened expectations to a large degree.
ANZ Bank has appointed Megan Carter to its West Perth Business Centre as a relationship manager. Ms Carter has previous experience at both BankWest and Netfin.
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 Resour
Alliance Resources Ltd Patric Mutz will join the board as independent non-executive director. Bauxite Resources Ltd Daniel Tenardi has been appointed managing director.
Fremantle's Queen Victoria Street has long been home to an assortment of car dealerships and retailers, but plans to allow high-density development along the strip could lead to a redevelopment of the entire area.
