Business News

Perth-based Programmed Maintenance Services has won a contract to provide staffing and logistical support services at Shell’s Prelude floating natural gas project in the Browse Basin.

An agreement unveiled yesterday between Perth Airport, Qantas and the state government will pave the way for direct Perth-to-London flights in 2018, but the tourism industry is concerned the federal government will not provide adequate Border Force staff.

Diploma Group has announced the resignation of non-executive director Jason Ferris and company secretary Natalie De Felice.  Salvatore Di Latte has been appointed non-executive director, and N

NRW Holdings has revealed the price it has paid for the east coast operations of failed company Hughes Drilling, on the same day private equity fund manager Allegro formally acquired Hughes’ Perth-based subsidiary JSW Australia for an undisclosed sum.

Fastbrick Robotics has locked in a new cornerstone investor through an $8 million capital raising, as it progresses its robotic bricklaying technology.

Hayley McNamara has resigned as company secretary of BC Iron.  Current chief financial officer Ian Goldberg will take over as company secretary.

Perth-based IT services firm ASG Group is set to be acquired by a Japanese business in a $349 million deal, after shareholders voted in favour of the takeover today.

Five new appointments to the Committee  For Perth board

Leederville-based bicycle accessories maker Cycliq has enjoyed steady gains on its first day of trading on the ASX, after completing a reverse takeover of Voyager Global Group.

Energy giant Chevron has committed $US2 billion ($A2.7 billion) next year towards completing its Gorgon and Wheatstone projects in Western Australia.

Dr Chris Pointon has been appointed independent non-executive chair of Avenira following the passing of non-executive chair Richard Block.

New DG of AG office

Copper explorer MOD Resources has released a scoping study for an open-pit mine at its T3 project in Botswana, which has an estimated development cost of $US135 million ($A181.7 million).

Perth-based land developer Peet has sold a parcel of land in Victoria for $30.5 million, but it doesn’t expect to receive any proceeds from the deal for nearly a year.

Bunnings’ long-serving chief executive John Gillam has announced he is stepping down from the role, but will continue to serve the business as an adviser.

A perfect storm has pushed Australia's economy halfway to recession, but economists are optimistic about a year-end rebound.

Chris Thoroughgood has resigned as alternate director of East Energy Resources.

Vocus Communications appears set to deliver the Perth-to-Singapore subsea telecommunications cable after inking a construction agreement with French company Alcatel Submarine Networks.

The fourth-largest cruise ship in the world has made its Australian debut in Fremantle, where it will be docked until tomorrow afternoon.

Social media technology company HearMeOut has closed below its offer price on its first day on the ASX, after completing a $6.5 million initial public offering.

The Australian Securities and Investments Commission has permanently banned a former Perth-based finance broker after finding he had engaged in misleading conduct.

Corporate finance and mining executive Jonathan Shellabear has been appointed non-executive director of Capricorn Metals.

Oil and gas play Tap Oil has confirmed James Menzies as its new chairman, after he joined the board in May as a director and was earmarked as Doug Bailey’s successor.

Perth mining executive Vanessa Guthrie has announced her resignation as managing director of uranium-focused Toro Energy.

Yan Zhao has resigned from the board of African Energy Resources. Mr Zhao was alternative director to Ian M Hume.Global Health has appointed Pattie Beerens as non-executive director.

The federal government is on the brink of striking a deal with Western Australia to let the state run the National Disability Insurance Scheme locally.

Perth-based financial services provider Pioneer Credit has signed a $100 million debt facility with Bankwest and Westpac as it seeks to continue growing its debt portfolio.

Kent Hunter, founding director of Cazaly Resources, has resigned as non-executive director. Terry Gardiner has been appointed as non-executive director.

A particularly stressful week for farmers has come to a relieving end with the Greens today supporting the federal government’s proposed 15 per cent backpacker tax after voting against it yesterday.

The state government has announced a $30 million upgrade of Margaret River Senior High School to boost its capacity to 1,200 students.

Ferry operator Rottnest Express has partnered with Westpac to trial the use of a payment card that's popular with Chinese tourists, for online payment for its services to the tourist hotspot.