Gas reserve 'puts off explorers'; Call for Canberra to steer energy projects; Banks will take control of B&B; Senate resists Rudd's $26bn building plan; Rio dives 11pc on growing debt fears
Perth-based Bunnings Warehouse Property Trust says it is continuing negotiations to extend a $100 million facility as it acquires a store and wraps up the construction of another on the east coast.
Business confidence in Western Australia has hit record lows as the global economic uncertainty starts to impact owners, two separate surveys have found.
Almost one third of Western Australians will buy a property before 2009 is over despite the current financial conditions prompting many people to revisit their financial plans, a survey has found.
Perth-based Pacific Energy will pay $77 million in cash and scrip to acquire Kalgoorlie Power Systems, which owns a suite of power stations in Western Australia and the Northern Territory.
The DomGas Alliance has today welcomed the Senate's report into the Varanus Island gas pipeline explosion while the state government confirmed plans to hold a further independent inquiry.
Western Australia has suffered the nation's biggest drop in confidence among small and medium enterprises, according to the Sensis Business Index for November.
Engineering and infrastructure firm GRD will be hit by a significant one-off charge after agreeing to sell its loss-making Australian waste treatment facility in a bid to boost its financial position.
Recession looms as growth drops close to zero; Listed WA companies drop $17bn; Hostile opposition to Qantas changes; Rudd plots bankroll plan; Varanus gas explosion rocks national accounts
TWO separate reports on the state's housing sector have painted another soft year as rate cuts and stimulus packages fail to resurrect the weakening industry.
THE global credit crunch has made a significant dent in Perth's commercial and retail sales for the year to November, with total sales value down 26 per cent on last year.
THE Australian share market finished November on a positive note, buoyed by bargain hunters snapping up shares in BHP Billiton and Rio Tinto, two days after the $100 billion takeover dissolved.
THE Australian share market finished November on a positive note, buoyed by bargain hunters snapping up shares in BHP Billiton and Rio Tinto, two days after the $100 billion takeover dissolved.
THE ASX 200 Index is currently trading with a trailing price to earnings ratio of less than eight times historical earnings, while consensus estimates for the 2009 financial year earnings place the index on a forward multiple of 10.
THE Australian share market closed around 2.5 per cent weaker despite gains in resource giant BHP Billiton and a positive lead overnight from Wall Street.
THE Australian share market closed around 2.5 per cent weaker despite gains in resource giant BHP Billiton and a positive lead overnight from Wall Street.
IT was quite fitting that the chairman of state tourism body Australia's North West, Ian Laurance, was awarded the industry's top individual honour last week, an award named after one of his earliest mentors.
REAL estate agency, Realmark, believes that breaking away from a national franchise and rebranding have helped it weather the downturn in the property market.
CITIC Pacific Mining is on the recruitment drive for 100 workers across a variety of roles in a bid to get its Sino Iron magnetite project at Cape Preston in production by 2010.
KEITH Spence has been awarded the North West Shelf Gas and the Chamber of Minerals and Energy of Western Australia WA Gas Industry Development Award for 2008.
KEITH Spence has been awarded the North West Shelf Gas and the Chamber of Minerals and Energy of Western Australia WA Gas Industry Development Award for 2008.
THE state government has made a series of new appointments as it settles into power but the big question mark for industry is who will head three new important departments announced by Colin Barnett.
T HE ocean may be a major part of what makes the Perth lifestyle so attractive, but there seems to be a shortage of trendy, high capacity, upmarket hospitality venues using this great asset to complement their business.
