Belmont is set to become the new epicentre of Perth's suburban office market, if a proposed 22,000 square metre development by industrial land developer, Nedlands-based Benchmark Properties, is approved by the city's council.
The state's food and beverage manufacturing sector believes the fallout from the gas crisis could be felt for years, not months, as it faces the challenge of rebuilding customer relationships and workforces once normal gas supply resumes.
PT Bumi Resources Tbk has increased its takeover offer for Herald Resources by 5 cents, putting an end to the stalemate with rival bidder Antam-Zhongjin as the latter demands a break fee of $5 million.
West Perth-based Giralia Resources NL will soon have a healthy bank balance of $77 million after it finalised the sale of its remaining interest in fellow Perth company Red Hill Iron Ltd.
The legal stoush between Subiaco-based explorer TNG Ltd and the Commonwealth government has been adjourned until August as the company's share price jumps 68 per cent on the discovery of high-grade iron in the Northern Territory.
The state government will launch an online gas trading bulletin board on Thursday, but energy minister Francis Logan warned the scheme is not the sole answer to the gas supply crisis.
West Perth-based Alchemy Resources Ltd has expanded its footprint in the gold sector following a move to acquire the Western Australian division of Polymetals Group Pty Ltd which holds gold projects near Kalgoorlie.
Subiaco-based Balkans Gold Ltd will undergo a name change as it expands its geographical reach to Africa following an agreement to acquire West African Resources Ltd for $1.5 million.
Another financial year is over and some investors may be licking the wounds from one of the worst trading years since 1987, but the Agri sector has proved to be a boon for some shareholders.
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Luxury hotel operator Stamford Land Corporation Ltd has announced it will begin construction of a $140 million, 13-level office tower at 905 Hay Street this month, with the building contract for the project having been awarded to Diploma Constructions (WA
Sydney-based resource investment firm RIMCapital Ltd has backed Yilgarn Infrastructure Ltd's proposal to develop the Oakajee port, by subscribing for $2 million worth of shares.
Businesses and companies seeking assurances of a longer-term gas supply allocation will have to wait a little longer, as the government keeps quiet on details of an official gas trading scheme.
Euroz Ltd has reported a jump of 91 per cent in its unaudited net profit after tax for the 2008 financial year but, as it usually does, has cautioned the market that continued profitability will be dependent on the market.
West Perth-based Albidon Ltd has made the transition to nickel producer following the production of first concentrate at its Munali project in Zambia, with cash flow starting next month.
The University of Notre Dame Australia has announced its chancellor, Hon Justice Neville Owen, has resigned from the position, to be replaced by Dr Michael Quinlan for an 18-month term.
Perth-based managed investment scheme player TFS Corporation has reported a 60 per cent increase in sales over the 2008 financial year for its Indian sandalwood project.
East Perth-based explorer Aragon Resources Ltd has entered into the phosphate game, acquiring Territory Phosphate Pty Ltd for an initial figure of $2.7 million in scrip.
Plans to turn over ownership of the state's $9 billion superannuation manager GESB to 295,000 members have been thrown into disarray, with the body and the government apparently unable to conclude a deal at the 11th hour.
BC Iron Ltd will move to feasibility study stage over its Nullagine iron ore project in the Pilbara, following a scoping study that estimated a capital cost of $85 million.
Perth-based engineering company Clough Ltd has secured a contract worth $US50 million ($A53 million) by Norwegian company Advanced Production & Loading.
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Boutique brewing company Oz Brewing Ltd has stopped short of entering the shed and accommodation manufacturing sector after it terminated agreements to buy Shedco Group Pty Ltd.
Perth is the only capital city to have posted a fall in house prices in the year to May, defying a flat national trend, according to data released today.
Portman Ltd is calling for the removal of two Golden West Resources' executives following the completion of its planned 19.9 per cent share acquisition.
The resource boom has somewhat helped to cushion Western Australia from a downturn in initial public offer activity, with the state producing five of the 10 best performing floats.
