ASX-listed Perth contractor Aerison Group has called in administrators just over a month after failing to settle a $47 million dispute with iron ore miner Roy Hill Holdings.
International air services to Perth are set for a major ramp up with Cathay Pacific Airways increasing flights, and China Southern Airlines and Thai International set to return later this year.
Westgold Resources has declared its intentions to make a $177 million scrip bid for gold junior Musgrave Minerals, with both companies occupying land in the busy Murchison gold province.
Residential builder Pride Homes & Developments has entered liquidation after joining the list of collapsed construction companies hit by cost and labour pressures.
Emerging as officially elected party leader alongside deputy Rita Saffioti, incoming premier Roger Cook has also confirmed Balcatta MP David Michael as a new cabinet minister.
The Federal Court has unveiled its judgment against Michael Dunjey that found his company Ascent having liabilities of $117 million and likely to have operated a Ponzi scheme.
The Reserve Bank of Australia has lifted the nation’s official cash rate to 4.1 per cent – a 25 basis point jump which takes it above four per cent for the first time since April 2012.
Mining services group Perenti has marginally increased its 2023 financial year revenue expectations and has shaved $40 million off its capital expenditure targets.
Austal says it is regularly involved in discussions with potential suitors in response to reports several US investment funds had approached the Henderson-based shipbuilder.
The cost of fixing up the failed Ellendale diamond mine in the Kimberley has risen to $70 million after the state government awarded a major contract for rehabilitation earthworks.
St Barbara’s board has told shareholders there is no material improvement in Silver Lake Resources’ latest proposal to buy Gwalia and can’t see a realistic pathway that it could become superior.
Rio Tinto will spend $US395 million ($A597 million) building a desalination plant in a two-year construction effort to increase water supply for its Pilbara operations.
With powerful performances and impeccable staging, Kate Champion’s direction of Andrew Bovell’s Things I Know To Be True impresses David Zampatti, even if he has some doubts about the play.
