WA may be half a world away from the epicentre of the fallout from the collapse of the sub-prime mortgage market in the US, but that does not mean the US housing market’s woes will not eventually turn up in the prices of key commodities.
Housing markets are providing a timely reminder that the gravitational pull of cycles can be hard to avoid, even in a booming state such as Western Australia.
The state government is likely to approve two gas processing hubs on the west Kimberley coast despite conservation groups expressing concern about the impact of giant gas projects and the associated shipping movements.
Some of WA's biggest food producers and manufacturers are behind the establishment of a lobby group aimed at providing a united voice for the food and beverage sector, as well as promoting and developing the industry’s growth.
The state government posted another record budget surplus in 2006-07, of $2.3 billion, fuelled by strong growth in mining royalties and taxation revenues.
The Western Australian Community Foundation has doubled its funds under management in the past few months, due to contributions from the state’s mining industry, bringing its total funding pool to $3 million.
Perth-based Centre for Association Management Pty Ltd is preparing to expand its services for the not-for-profit sector by undertaking a $2.5 million initial public offer.
Strong overseas demand for minerals and petroleum, particularly from China, and strengthening commodity prices pushed the value of Western Australia’s resources industry up 25 per cent to a record $53.4 billion in 2006-07.
It may be held in high esteem by many in the hospitality industry, yet The Essex Restaurant remains something of a sleeper business, overshadowed in the headlines by Jackson’s Restaurant, Star Anise, Fraser’s Restaurant, and the former Eminem.
Three years after commissioning its $85 million manufactured lumber plant, the Dennis Cullity-chaired Wesbeam Holdings Ltd has scraped into the black with a small profit for the year to June 2007.
Global economic growth, particularly from China, resulted in price rises for many mineral commodities and continued historical highs for others in 2007, a trend that will continue into 2008, according to ABARE.
Electricity retailer Synergy has emerged as the only one of the four disaggregated electricity corporations to exceed budget forecasts, reporting earnings before interest and tax of $64.9 million for the 2006-07 financial year.
Western Australia’s economic growth remains strong, with key measures of economic activity remaining well above historical trends and outstripping national growth.
The state’s buoyant economic conditions have resulted in increases in consumer spending, with low unemployment and rising personal incomes leading to strong consumer confidence.
Whether or not Kevin Rudd – Kevin07 during the campaign – takes Labor into power on November 24, nobody will ever be able to take from him that he has managed to make a very average mob look like winners.
Growth in the Western Australian residential property sector over the past year may not have reached the stellar heights of the 2004-06 period, but a double-digit return still points to the market’s continuing strength.
WEST Perth-based charity group United Way WA has appointed HBF Health Funds Inc chief executive Rob Bransby and Freehills partner Dan Dragovic to its board of trustees.
The skills shortage continues to affect the Western Australian workforce, with an all-time low unemployment rate and strong wage growth recorded for the past year.
Swick Mining Services Ltd managing director Kent Swick has decreased his direct an indirect interest in the drilling services company through the sale of 14 million shares for $19.8 million as part of
With the Australian dollar pushing through its previous ceiling against the US dollar in recent days, exporters are facing lower profit margins and analysts are speculating on the possibility of parity between the two currencies.
Western Australia’s tourism market picked up strongly in 2006 with an overall increase in visitors numbers and a combined spending surge of $5 billion breaking the all-time record.
THE number of Western Australian companies to have listed or plan to list on the Toronto Stock Exchange has risen to 19 after West Perth-based Monarch Gold Mining Company Ltd said it would list early
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 I
The Western Australian grain industry had its worst season since the 2002-03 drought, with poor conditions in most parts of the state forcing harvest receivals down.
