Latest Headlines

Churchlands-based education services provider Navitas Ltd announced today it has reached an in-principle agreement with Curtin University to develop and manage a new university campus in Singapore.

Burswood-based Wavenet International Ltd has announced the sale of its modem technology business for at least $2.15 million, with the potential for further payments.

West Perth-based property developer Cedar Woods Properties Ltd has reported a 67 per cent fall in net profit for the half year to December 31 2007, although the company maintains it is on track to meet a full year net profit of $20 million.

Exploration and development group, Focus Minerals Ltd has announced a substantial resource upgrade for its Countess Resource gold deposit in Coolgardie.

West Perth-based Giralia Resources NL will pocket at least $70 million from two transactions with energy investments companies.

Unlisted company The Jeminex Group, a provider of industrial equipment to the resources sector, has purchased five new businesses raising its total number of acquisitions to seventeen.

Perth-based Perilya Ltd and Sydney-based CBH Resources Ltd have announced a $489 million merger deal to form a globally significant producer of lead and zinc.

Silver Lake Resources Ltd has reached an agreement to buy Alloy Resources Ltd's Comet gold project and Kurrajong nickel prospects for a total of $1.575 million.

Atlas Iron has set a target of 120 to 180 million tonnes of Pilbra iron ore, after previously reporting its Pilbara tenements were prospective for a total of 30 to 40 million tonnes.

Azuma Resources and Integra Mining have reported strong drilling results from their gold exploration projects in Kalgoorlie and Ghana.

The use of debtor finance by Western Australian businesses recorded a rare drop in the December quarter to $1.3billion following five years of strong growth, the Institute for Factors and Discounters (IFD) of Australia and New Zealand has reported.

Australian companies Nkwe Platinum Limited and International Goldfields Ltd have issued statements playing down speculation they were planning to complete a deal over some of their African platinum projects.

Woodside's Neptune oil and gas project has been temporarily stalled by the identification of a structural glitch which is estimated to impact the company by 0.15 million barrels of oil equivalent per month until the issue is resolved.

Iluka Resources Ltd's near $1 billion capital restructure despite tough capital markets hails a much needed positive for a company that has endured two tough years in the wilderness.

HBOS, the parent of Western Australia's biggest retail bank operator BankWest, was forced to deny it is in financial difficulty after rumour-fuelled selling hit the UK banking giant in trading overnight.

Churchlands-based Navitas Ltd said today that the establishment of its program for international students at McMaster University College in Canada has been delayed due to further discussions at the university.

A state government decision to divert trucks off part of Leach Hwy will cost the industry $20 million, the Chamber of Commerce and Industry of WA has estimated.

Orbital Corporation Ltd managing director Rodney Houston announced today that he will step down form his position as of the end of June 2008.

Many Western Australian exporters will have to review their marketing budgets after the federal government announced that a big jump in applications for export market development grants will result in a sharp cut in payments.

ESPLANADE Hotel Fremantle owner Marylyn New has bought the Broadwater Pagoda Hotel and Apartments in Como for a price estimated at between $15 million and $20 million.

The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of I

PERTH investment banking group Argonaut has sold a 20 per cent stake in the business to Apollo Asia Opportunity Master Fund, LP, and formed a strategic alliance with Apollo for its new merchant bankin

The Town of Cambridge will become the latest western suburbs council to propose high-density residential development close to a main commercial strip, as it prepares a review of its town planning scheme intended to revitalise Cambridge Street.

The University of Western Australia's Centre for Water Research director, Professor Jorg Imberger, has been invited by HRH Duke of Edinburgh to give this year's Prince Philip Lecture in London.

Property group Stockland has been announced as the government's preferred joint venture partner for the redevelopment of the Craigie High School site, the fourth high school site redevelopment in Perth since 2005.

RIO Tinto has established a partnership with Curtin University to develop the mining giant's second innovation centre, the Materials and Sensing Centre.

As Tiffany & Co prepares to take up residence on King Street in the city and a number of other luxury brands sign leases along the retail strip, several projects under construction in the CBD are attracting national and international brands.

Former Wallabies captain and mining finance expert Nick Farr-Jones will entertain guests at the Activ Dragonfly Corporate Leaders Lunch, March 25 in the Astral Room at Burswood.

Subiaco-based property syndicator, Australasian Property Investments Pty Ltd, is preparing to move ahead with a major mixeduse development in Subi Centro, having settled its $20.4 million acquisition of the site formerly owned by refrigeration company Arc

Celebration Homes has won an award for most affordable family housing at the Master Builders Association – BankWest Metropolitan Housing Excellence awards.

A two-speed economy may be starting to emerge in Western Australia.

It may be some time before a green-star building rating is mandatory for developers, but a number of businesses are getting ahead of the game and refurbishing their offices using