There are signs Western Australia is well-placed to be one of the first states to come out from the global recession, with economists revealing there are early indications that the economy is about to recover.
Breakaway Resources has sold its Earn-In Rights for the Mt Finnerty Joint Venture to Reed Resources Ltd for a total consideration of 500,000 fully paid ordinary shares.
The state government has called for expressions of interest to develop the waterfront site near the Carnarvon town centre into a commercial, residential and tourism hub.
Nearly 78 per cent of jobs lost in the state's tourism sector hail from regional areas as the industry suffers a near 10 per cent drop in domestic visitor nights, new data shows.
Perth hotels have recorded the largest increase in revenue for an available room over the past 12 months, with a jump of 19 per cent to just over $135, latest figures show.
Engineering firm Lycopodium says it has been awarded part of an optimisation contract by Fortescue Metals Group for work on the Cloudbreak iron ore mine in the Pilbara.
Ratings agency Standard & Poor's has upgraded its long- and short-term corporate credit rating for Rio Tinto following the completion of the $US15.2 billion ($A19.5 billion) rights issue.
Minemakers says it will move to compulsorily acquire the remaining shares it does not own in Bonaparte Diamond Mines after reaching a 94.32 per cent shareholding through its all-scrip takeover offer.
Grain handler CBH Group says it will pay users of its Grain Pool or CBH Grain marketing systems as a reward for their loyalty, in a program that could deliver around $15 million back to growers.
Perth-based Axiom Properties has agreed to sell the residential component of a Melbourne property site for $17 million, with funds to be used to reduce debt levels.
The corporate regulator has banned Nedlands man, Quentin Ward, from providing financial services for eight years following an investigation into his dealings with failed fuel technology company Firepower.
East Perth-based Coretrack has flagged its intention to assess potential merger and acquisition opportunities as part of plans to increase the company's presence in the global energy sector.
The Perth arm of accounting firm Deloitte has expanded with six employees promoted to partners as net revenue rises by 28 per cent for the 2009 financial year.
West Perth-based electrical engineering company LogiCamms is set to merge with Brisbane-based engineering firm, Process Essentials, as part of plans to secure larger, higher value contracts.
The environmental watchdog's conditional recommendation of Sinosteel Midwest Corporation's Koolanooka/Blue Hills iron ore project has prompted a rush of appeals in support for a full approval.
Listed companies in Western Australia have continued their strong share price rebound in June, driving the Deloitte WA Index up by nearly 6 per cent or $6.7 billion.
Wesfarmers' fertiliser subsidiary CSBP has entered into a new gas supply arrangement with Apache Corporation following a confidential settlement over a dispute relating to the Varanus Island gas explosion.
Wesfarmers has announced changes to its senior management team with Tom O'Leary appointed as managing director of the group's energy division and Tim Bult to look after the business development arm.
Iron ore hopeful Emergent Resources has entered a $205 million deal with a Chinese firm over the development of the Beyondie magnetite iron project in the Mid West.
The state government is seeking expressions of interest from organisations and companies to provide goods and services for the new $1.76 billion Fiona Stanley Hospital.
Standard & Poor's Ratings Services has lowered its corporate credit ratings on electricity retailer Synergy following adoption of a new rating methodology.
The RAC has purchased the state's only specialised driver training facility, the Driver Training and Education Centre (DTEC), located near the Perth International Airport.
Significant red tape surrounding regulation of the Western Australian building industry has been removed, with the creation of a Building Commission division of the Department of Commerce.
New workplace laws come into effect today, a move the Chamber of Commerce and Industry WA says will add to the cost of doing business and discourage job creation.
