Latest Headlines

Belmont-based mineral sampling equipment manufacturer, Essa Australia Ltd, has posted a record net profit after tax of $1.9 million for the six months to December 2007, an increase of 23 per cent over the same period in 2006.

The Western Australian Farmers Federation claims WA is under-represented on the federal government's newly formed Wheat Industry Expert Group, with just one WA farmer appointed to the grower-controlled alliance which will oversee Australia's wheat exports

Western Australia's industrial land supply is set for a further boost following the start of site works on stage two of the Avon Industrial Park near Northam.

Preliminary data by the Real Estate Institute of Western Australia suggests Perth's housing market was flat-lining in the December Quarter of 2007, with no movement either up or down for the last three months of last year.

Image Resources Ltd spin-out, Emu Nickel NL, has closed its initial public offer after raising the minimum target of $10 million.

Michael Kiernan-chaired companies Monarch Gold Mining Company Ltd and Territory Resources Ltd have raised $10 million and $9.3 million, respectively, from share placements.

Perth-based gold explorer Mawson West Ltd has raised $2 million from the placement of 12.5 million shares at 16 cents per share to RMB Resources Ltd as trustee for the Telluride Investment Trust, and clients of Tricom Equities Ltd.

Moly Mines Ltd has awarded a $1.1 billion, seven year mining and earthmoving contract for the Spinifex Ridge Molybdenum Project to Perth-based contracting group Macmahon Holdings Ltd.

West Australian Newspapers Holdings Ltd has joined a string of blue chip listed companies to be hammered by investors after reporting its result, with WAN shares down 10 per cent after announcing a $44.2 million interim net profit.

Leighton price off as market goes away; Rio fails to railroad FMG; ASX defends role as regulator while business booms; AMP defers buyback as net profit falls short of forecasts; Revealed: Why Allco is on the rack

Golden West Resources Ltd has lodged an appeal against the Takeover Panel's decision to uphold Falak Holding's accidental sale of an 8 per cent Golden West stake into hostile suitor Fairstar Resources Ltd's scrip bid.

The Property Council of Australia has called on the state government to engage property owners, developers and financiers in the early stages of its $360 million Perth Waterfront redevelopment, by establishing a development authority to steer the project.

The consumer watchdog has launched legal action in Brisbane's Federal Court against Wesfarmers Kleenheat Gas Pty Ltd, alleging misleading or deceptive conduct over the pricing of bulk LPG supplied under contract.

Subiaco-based Paladin Energy Ltd has secured US$167 million ($185 million) in project finance for the remaining funding component of its Kayelekera Uranium Project in Malawi.

The state government has helped to secure major new contracts that will ensure the majority of beef sold to Western Australian consumers in Coles supermarkets is actually produced in WA.

West Perth-based gold exploration company Central Asia Resources Ltd has appointed Jason Stirbinskis as its new chief executive.

Rio gets Alcan lift to ward off BHP; Credit turmoil mars CBA profit; Golden west tipped for Takeovers Panel appeal; WA tops list amid mining bubble alert; Consumer still too confident for their own good

Curtin University economics professor, Peter Kenyon, will officially add ‘cooking mentor' to his CV with the opening of The Cooking Professor's Cooking Classes School in Mount Lawley this week.

Finbar Group Ltd has received development approval for its seven-storey mixed office and residential development in Victoria Park, and is close to signing an anchor tenant.

I WOULD like to respond to the article ‘The Pathway to Commercialisation' in WA Business News, January 17 edition, and particularly to highlight the key initiatives undertaken by the state government,

PALADIN Energy Ltd plans to dual list on the Namibian Stock Exchange on February 14, joining fellow Western Australian uranium player Deep Yellow, which listed earlier this year.

The Department of Fisheries has granted its first commercial lobster aquaculture licence, signalling a possible revival of the fledgling industry.

Half-year results from Mirvac Group, the Sydney-based property empire run by former Western Australian Greg Paramor, reveal expected future revenues of almost $2.1 billion to be derived from this state, which represents more than a quarter of its resident

THE federal government's announcement this week that it would proceed with the establishment of a special body to study and plan Australia's infrastructure needs was a welcome recognition of the impor

NATIONAL Australia Bank has confirmed Perth's worst kept property secret by announcing it will anchor the new Century City retail/office project, under construction at 100 St Georges Terrace.

The family of late Multiplex founder John Roberts is among the winners from three long-running tax disputes that have gone to the courts – and all decided in favour of the taxpayers.

Proponents of the expansion of Kemerton's heavy industry precinct expect it will take 18 months to complete a strategic plan for the area to define its long-term usage.

FREMANTLE harbour provides a fascinating insight into infrastructure planning. Like many harbours, its location is an accident of geography and history.

The $360 million Mounts Bay foreshore development was given the green light by the government this week, bringing to $2 billion the social infrastructure commitments made by Alan Carpenter in the past week.

Plans for an eight-storey office building near Jacob's Ladder in West Perth have been put on hold while the City of Perth's planning committee reconsiders a development application for the site.

FORTESCUE Metals Group Ltd has stepped up its bid to have Pilbara rail networks declared open to third parties.

The state government has established a new body to coordinate the development of some of Western Australia's biggest capital projects, as it prepares to deliver on its record $25 billion capital works program.