Bush fires $840 billion bazooka; Turmoil feared as ASIC bans short selling in all ASX stocks; Rudd puts limit on China in Mid West; Babcock acts on damaging rumours; Builders warn on funds threat to projects
The continued global financial turmoil has prompted Aurox Resources Ltd to review alternatives over project implementation for its Balla Balla titanomagnetite operation in the Pilbara.
Premier-elect Colin Barnett said he is pessimistic over the state's chances of hosting Inpex Ltd's $12 billion liquefied natural gas project following a meeting with representatives this morning.
The federal government will commit $100 million a year to a Global Institute, based in Australia, aimed at accelerating the development of carbon capture and storage (CCS) technology.
The finance offer deadline for Australasian Resources Ltd's Balmoral South iron ore project has been pushed back by six months following recent merger developments with billionaire Clive Palmer.
Jupiter Mines Ltd has entered into a potential off-take agreement with a Chinese company over its iron ore projects in Western Australia and other iron assets.
$225bn bid to steady nerves; Battered Macquarie under pressure to find a partner; Cape Lambert faces court in Shemesian shemozzle; HBOS deal 'secures BankWest'; Nuclear deal with Russia put on ice
Cape Lambert Iron Ore Ltd has urged its shareholders to carefully consider the resolutions proposed by Power United, which earlier this week proposed for the removal of several directors including executive chairman Tony Sage.
Premier-elect Colin Barnett is aiming to have parliament sitting within the next month following the expected swearing-in of his new ministry next week.
Concerns about the possibility of more gas rationing in the next few weeks have been raised by some Western Australian businesses as major industrial users come back on stream before Varanus Island's gas output is completely restored.
A former senior partner of law firm Mallesons Stephen Jacques in Perth, Bruce Dodd, has been appointed as the state's regional commissioner by the corporate watchdog.
Major independent Western Australian winemaker Stella Bella has raised rural property rights as a key issue in a battle with the Augusta-Margaret River Shire over a diversion road that could cut through one of its vineyards.
Murchison Metals Ltd has posted a full year net profit of $56 million for the 2008 financial year, a turnaround from the previous year's loss of $45 million.
British bank Lloyds TSB announced today it was taking over rival bank HBOS - the parent of Perth-based BankWest - in a 12.2 billion pound ($A28 billion) deal.
The Clough family, including patriarch Harold Clough, has sold its remaining shareholding in the engineering and construction company Clough Ltd, pocketing over $21 million from an on-market sale.
Oil Basins Ltd has applied to the Supreme Court of Western Australia for an urgent hearing into an alleged breach of obligations by a Perth-based Australian Worldwide Energy Ltd subsidiary over licences in the Canning Basin.
Following a change of plans, Mid West-focused explorer Base Iron Ltd has closed its $4 million initial public offer early with plans to list on the Australian stock market in early October.
Moly Mines Ltd said it is in ongoing talks with investors over financing arrangements for its $1.1 billion Spinifex Ridge molybdenum project, as it finalises a $190 million interim financing facility.
Fears of global crash see US take over big insurer; TLG knocked back tied gas supply; Moly Mines dips again on nervousness about project funding; Tidy windfall off back of credit slump; Employers win new IR powers
Premier-elect Colin Barnett will no doubt make a number of key decisions during his first 100 days in office, but there's one that should be fairly high on the priority list - where his own department will be housed.
PUNISHING work schedules and unrealistic timeframes are pressuring oil and gas companies to hire inexperienced workers, the oil and gas forum has heard.
PROPERTY executive Shane Kempton has joined Satterley Property Group as land sales director, responsible for the company's residential land sales, project marketing and community development programs.
Hedge funds might attract the headlines for all the wrong reasons but Jon Horton has staked his latest business enterprise on the fact that their returns in these troubled times will attract Australian investors.
PHIL Sexton, the co-founder of Matilda Bay Brewing Co, Dome Coffees, and Little Creatures, believes there are three key elements to staff training in hospitality.
The Australian Transport Council has appointed Greg Martin as chairman of the National Transport Commission (NTC). Mr Martin became deputy chairman in April 2008 and acting chairman last July.
A STRING of councils in Western Australia are expecting millions to be wiped off the value of high-risk securities following the collapse of US investment bank Lehman Brothers early this week.