Edited announcement

Cedar Woods Properties has bought the former Bushmead Rifle Range site located at Hazelmere from the Department of Defence for $18 million.

The founding managing director and chief executive of NRW Holdings, Jeffrey McGlinn, has resigned from the mining services company to pursue other private business interests.

Engineering and construction company Clough have set up a coal seam gas division with Mel Whyte at the helm, as part of its strategy to better penetrate the energy sector.

The competition watchdog has flagged its intention to reject a proposal by a group of car rental companies to enter into collective negotiations with Perth Airport.

WA's resources services sector has been given a boost with MTU Detroit Diesel opening its new $30 million facility while Lowrie Construction expands its base.

A Singaporean development company is proposing to build three 12-storey apartment buildings on the White Sands Tavern site in Scarborough.

Quickstep Holdings, in partnership with Vector Composites, has been awarded a $US4 million ($A4.5 million) fund by the US Air Force to help with the Joint Strike Fighter program.

The state government has today committed $12 million from this year's budget to provide low-interest loans to community sector ogranisations and a social innovation grants program.

The corporate watchdog has extended the consultation period in its move to improve industry standards on rumour and confidential information handling.

The Australian Financial Services and Securities Dealers Association has negotiated with Lloyds of London to provide professional indemnity insurance products for its members.

Poseidon Nickel has increased its focus at its flagship Windarra project after selling a greenfields gold project in Ghana to Hodges Resources for up to $1.5 million in cash and scrip.

West Perth-based Green Rock Energy has teamed up with Leighton Contractors to jointly investigate geothermal energy supply options for the planned expansion of the QEII Medical Centre.

CommSec has again claimed top spot in Canstar Cannex's annual online share trading report while State One Stockbroking's online trading platform, Amscot, made its debut.

Fox Resources has potentially doubled the mine-life for its Radio Hill copper and nickel operation in the Pilbara following an evaluation of the Sholl B2 deposit.

Education services provider Navitas has executed a deal to acquire training organisation Health Skills Australia for up to $3.5 million.

Leighton Holdings' value of work at Chevron's massive Gorgon gas project has risen past $1 billion after it, in consortium with Saipem, was awarded a further $150 million of work to build the project's liquefied natural gas jetty and marine structure.

Perth CBD occupancy costs remain the most expensive in Australia, despite falling 27 per cent in the past twelve months, according to a new Global Office Rents report from CB Richard Ellis.

The capital cost of stage one of Gindalbie Metals' Karara iron ore project in the Mid West has risen by 20 per cent after accounting for increases to the operation's scope and infrastructure capacity.

The Rudd government has today announced $22.9 million in funding for housing and urban infrastructure in Western Australia.

International ratings agency Fitch has indicated that while the Commonwealth's proposed super profits tax on the nation's mining and resources outfits "isn't good news for Australian miners", it will not affect the ratings of these companies.

A new seismic survey passing through Western Australia's rich iron ore, copper-lead and gold regions has commenced hoping to improve understanding of the valuable resources buried under the ground of north-west WA's crust.

Housing and retail industry groups have voiced concerns with today's interest rate rise suggesting it was counterproductive to a housing recovery, damaging to household budgets and devastating news for retailers.

Civil contractor Brierty has won an $18 million contract with Mount Gibson Iron for the construction of a haul road to the Extension Hill mine site located 260 kilometres south east of Geraldton.

Engineering company Sedgman has expanded its scope of work at Riversdale Mining's Benga coal project in Mozambique, signing design and further supply contract worth $50 million.

Shares in Matilda Zircon skyrocketed today after it announced it will start mining operations at its Tiwi Island zircon project within a month.

Perth stockbroking firm Patersons Securities has appointed the CLSA Capital Partners executive chairman Richard Pyvis to its board.

Orbital Corporation has won a contract from Mitchell Corp Australia to develop and manage the road transport company's existing liquefied natural gas truck fleet.

Fujitsu Australia and New Zealand has signed a new $15 million contract with Western Australian Police for the provision of IT services.

United States-based IT company CSC has exteneded its relationship with Woodside Energy, today signing a $30 million, three-year IT contract with the liquified natural gas company.

Developer Axiom Properties has agreed to a standstill arrangement with its financier over its half-owned Gepps Cross Bulky Goods Centre in Adelaide.

Small to medium enterprises will benefit from the federal government's plans to lower the corporate tax rate to 28 per cent and provide an immediate tax deduction for assets that are less than $5,000.

Education services provider Navitas has agreed to set up an international college at the Robert Gordon University in Aberdeen, its second deal with a Scottish university this year.