CBH Resources Ltd has hit back at claims that its proposed merger with Perth-based Perilya will expose the latter's shareholders to additional risks in relation to CBH's Endeavour mine and debt position.
Nationals leader Brendon Grylls said only half of the $675 million of the royalties for regions will be budgeted this year in order to maintain the state's AAA credit rating.
Rift in Lib-Nats power alliance; Juniors have missed funding boat: Forrest; PM's latest crisis cure: go local; Tax breaks to spur state spending; Government sympathetic to car industry's woes
The North West Shelf Venture has today celebrated the completion of its $2.6 billion, phase five liquefied natural gas expansion project at a special ceremony in Karratha.
Western Australia's timber industry has voted to seek compensation of some $20 million from Apache Energy for losses incurred as a result of the gas explosion at Varanus Island.
Partnerships between Western Australian businesses and arts organisations have won four out of 13 awards at this year's Australia Business Arts Foundation Awards.
North Perth-based metals explorer Aura Energy Ltd has entered into a deal, potentially valued at $460 million, with Chinese company Sino King Investment Ltd.
The global financial meltdown has prompted the University of Western Australia, along with tertiary institutions across the country, to tighten the financial belt after falls in investments.
Peet Ltd director Warwick Hemsley has been elected president of the Chamber of Commerce and Industry of Western Australia, taking over from Penny Flett.
WA rips $1.8bn off regional deal; RBA plans drastic rates cut; Chinese Rio play embroiled in Lehman collapse; Mills push FMG for freight cuts; NAB to be first cab off the rank
The corporate watchdog has banned Dalkeith man Pierre Schinazi from providing financial services for five years over his role in the collapse of Westpoint.
The federal government has imposed a raft of tough measures on Perth-based Great Southern Ltd's Tiwi Islands plantation operation following a breach of approval conditions.
The federal government will contribute $1.4 million towards a small wind farm in Denmark that will generate some 5800 megawatt hours of electricity each year.
Western Australia miners have been hit hard in trade today with the metals and mining index plummeting over 12 per cent on fears that the meltdown will spark a global slump and reduce demand for commodities.
The collapse of Lehman Brothers has put the spotlight on BHP Billiton's takeover of Rio Tinto, with Chinalco in urgent talks with Lehman Brothers' liquidators to retrieve a 12 per cent stake it holds in Rio.
Treasurer Troy Buswell said spending will be signifcantly tightened in next year's budget while an exact forecast on how the global financial turmoil will affect the state's resource royalties revenue stream is not yet known.
Mining services company Imdex Ltd is set to acquire Western Australian manufacturer Australian Drilling Specialities for $12 million in cash and scrip.
The state government will take a maximum stake of 25 per cent in homes under the revamped First Start shared equity scheme which this week received a $70 million lifeline.
Markets fret over Fed recession fears; WA growth to shrink: Buswell; Hundreds left angry as Opes Prime is wound up; No riding China's back: Rio; Banks urged to pass on cheaper borrowing costs
GLOBAL share markets have entered a netherworld that no-one working in the finance industry has ever experienced before, unless they were alive in the 1930s.
THE global financial crisis has had a big impact on two energy projects off Western Australia's northern coast, with Coogee Resources and Nexus Energy both putting out 'for sale' signs this month.
THE country's banking sector has been the focus of intense scrutiny over the past few months as the global financial turmoil casts light on potential targets.
AUSTRALIA is safeguarded from the worst of the global financial markets because of the strength of the nation's big four banks, according to KPMG partner Kevin Smout.
