Private businesses are being sold at higher earnings multiples in the current market compared with recent years, according to West Perth firm Mergers & Acquisitions Pty Ltd.
State and federal governments’ focus on climate change policy initiatives is expected to lift the prospects of a range of Western Australian businesses dealing with environmental products in coming years.
Despite having received Western Australian Planning Commission approval more than four years ago, the Riverside Pier Hotel project at Barrack Square has yet to get off the ground due to a failure to secure a stage two building licence.
Perth’s tallest office building will get a splash of neon colour next month following a deal signed last week with Central Park tenant St George Bank to take on the lucrative signage rights.
Western Australia’s legal community is preparing to increase its commitment to pro bono work following the introduction of a national voluntary initiative.
The brother and sister behind wine store-cum-cafe-cum-food-to-go concept, The Beaufort Street Merchant, are busy planning their second venture on the bustling Highgate strip.
Veteran stockbroker Terry Hogan and his business partner Eve Broadley are investing $1 million in the expansion of their contract wine business, The Vintage Wineworx.
South African-born businessman Norman Asch has struck a $5 million deal to sell his Webfirm business to Melbourne-based search engine and online media company Ansearch Ltd.
West Perth-based petroleum explorer ARC Energy Ltd's plans to acquire the Wandoo Petroleum Pty Ltd Australian portfolio for $380 million have suffered a setback, with Canada-based Vermilion Oil & Gas exercising its pre-emptive rights to a major asset
West Perth-based iron ore explorer Territory Iron Ltd chairman Michael Kiernan will commence work at the company in an executive capacity after managing director Doug Stewart advised he would retire from the company in late July.
This year’s $US32 billion ($A40 billion) takeover of US power utility TXU was famous for being the world’s biggest private equity deal, but it has also become renowned for the role of environmental activists.
Sales of hybrid vehicles in Western Australia have almost doubled on last year for the year to date, as 4WD and sports utility vehicles fall out of favour with buyers across Australia and overseas.
Fremantle-based Oil Mallee Company Ltd hopes to capitalise on current market sentiment by working towards bioenergy production with an initial $300,000 capital raising and possibly listing on the Australian Securities Exchange.
The state government’s long-awaited Climate Action Statement, injecting $40 million of funding into renewable energy development and committing to renewable energy targets, has received a mixed response from within the sector.
Western Australia should move towards ‘sustainable functionality’ through a restructuring of its agricultural industry and adaptation to the changing climate, according to an internationally renowned water expert.
The Sarich family’s Cape Bouvard Investments Pty Ltd has made further investments in Mandurah, securing 9.9 hectares of land at 20 Hungerford Avenue Halls Head last week for $22.5 million.
Secession bobs up as a topic every time Western Australia goes into boom mode, and now is no different – though there is an emerging (and amusing) variation on the secession theme
First-time visitors to Mt Hawthorn Japanese restaurant Ha-Lu sometimes find the menu a little puzzling; but not because it’s written entirely in Japanese.
Plans by listed mining company CI Resources Ltd to revive its fortunes by appointing new directors, including former state development minister Clive Brown, have suffered a major setback after the federal government rejected plans for new mining leases on
Learning the best ways to store wine could prevent some nasty surprises when opening a bottle after it has been stored at home for several years, according to wine buff Blair Hill.
