Latest Headlines

Babcock & Brown Communities Group and Babcock & Brown Wind Partners Group, which both hold assets in Western Australia, have reported skyrocketing full year net profits today.

Fortescue Metals Group Ltd and its chief executive Andrew Forrest will head to court in April next year to fight claims made by the corporate watchdog.

Premier Alan Carpenter's election pledge to legislate a uranium ban may cost the country some $200 million in investment as one Canadian company considers a withdrawal from its Australian assets.

West Perth-based minerals explorer Altera Resources Ltd is set to change its focus and board after entering a $10 million scrip deal to acquire Clean Global Energy Pty Ltd which has access to intellectual property for underground coal gasification.

A loss in property revaluations has taken the shine off an increase in retail sales for Bedshed owner Joyce Corporation Ltd, which posted a net profit fall of 34 per cent for the 2008 financial year.

A falling nickel price and lower values on investments have more than halved miner Independence Group NL's net profit after tax to $51.5 million.

West Perth-based electrical engineering company LogiCamms Ltd has beaten its earnings forecasts by 18 per cent after booking a full year net profit after tax of nearly $2.9 million in its first year as a listed company.

A loss of over $9 million from its waste renewable division has impacted Perth-based engineering company GRD Ltd’s half-year earnings, which slumped to a loss of $438,000.

Australia's top companies are failing to follow global guidelines on bribery and corruption reporting and fall short of world's best practice, according to research by the Association of Chartered Certified Accountants and Net Balance Foundation Ltd.

A day after delivering a record first half profit, Woodside Petroleum Ltd has started production at its Vincent oil project off the North West Cape in Western Australia.

Capacity at Port Hedland's inner harbour is set to increase to cater for the iron ore expansion projects by BHP Billiton, which today secured an agreement with the state government.

Australia's economic downturn is starting to bite Western Australian businesses, according to the August Sensis Business Index released today.

Families to carry gas firm's $2.5bn tax; Investors take flight amid doubts over Macquarie's model; Westfield's big year ahead; Premier admitted to uranium compo risk; Asset sales to the rescue as GPT reports huge plunge

Kwinana-based engineering and fabrication company Ausgroup Ltd has reported a fall in annual profit despite achieving a big increase in revenue and having a record order book.

A group of Western Australian property developers is still waiting to receive a planning document that would allow more than 3,000 hectares of land in the Peel region to be converted to housing.

WESTERN Australian businessman Rory Argyle has been awarded the top honour from the Australian Institute of Company Directors for his wide ranging achievements in business and in the community.

PricewaterhouseCoopers was the fastest growing accounting firm in Western Australia during the past year, with the number of accountants up more than 22 per cent on the previous year.

The federal government has introduced an incentive scheme to encourage property developers to build affordable rental accommodation.

MORE than 75,000 people could be living and working in the Pilbara by 2012, with the number of resource industry employees expected to double and fly-in, fly-out workers expected to triple by 2015, ac

Western Australian assets worth more than $6 billion could be on the market as investment group Babcock & Brown Ltd and its satellite funds seek to deal with their financial troubles.

Despite the downturn in the residential property sector during the past eight months, three Western Australian developers have posted increased profits for the year to June.

A TRILATERAL agreement between The University of Western Australia, China's Zhejiang University and Japan's Kobe University will be used to establish education and scientific links between the three i

Perth-based agricultural investment manager Great Southern Ltd has announced a major restructure of its business that would involve the company raising $438 million by buying out the interests of investors.

The latest major leasing deal for the CBD's new office towers has got over the line, with the federal government's Department of Education, Employment and Workplace Relations signing on as the anchor tenant for Queensland-based First State Developments' p

Housing affordability in Western Australia has improved over the June quarter in the latest confirmation that house prices are weakening, while across the country levels remained at a 24-year low.

Parochial investors who put their money into Western Australian stocks have just experienced their worst year in nearly a decade, judging by the results of WA Business News' annual total shareholder return survey.

The state Labor Party has announced plans to introduce a gross feed-in tariff for household solar power systems in what's seen as a step towards boosting its green credentials ahead of next month's election.

Perth's median house price fell to $443,000 during the June quarter, slightly lower than originally forecast, according to the Real Estate Institute of Western Australia's official data.

Austal Ltd John Rothwell has stepped down from executive duties to become non-executive chairman.

The underserviced and ageing rail infrastructure in the eastern states has created an attractive market opportunity for niche wagon and rail maintenance player Gemco Rail Pty Ltd, based in Forrestfield.

Many Australian small businesses are headed for a cash crisis in the wake of the global credit crunch, a CPA Australia survey has concluded.

During the past six months, the shape and size of Australia's listed oil and gas sector has changed and shrunk beyond recognition.