Edited announcement

The Federal Court has imposed a five year injunction on a former SeNevens International director for knowingly engaging in misleading conduct.

Engine technology company Orbital Corporation has restructured the ownership of its Synerject joint venture by agreeing to sell an eight per cent stake to its US partner Continental Corporation.

The occupancy rate in Perth's major hotels reached 82.4 per cent during 2008, ranking Perth at the top of a global survey of hotel occupancy rates.

Neptune Marine Services has secured new and extended contracts valued at some $45 million, including work on the North West Shelf.

Mines and Petroleum Minister Norman Moore met senior BHP Billiton executives today to discuss the company's response to recent fatalities at its iron ore operations in the Pilbara.

West Perth company Galaxy Resources has raised $1.8 million by a book build to sophisticated investors.

Oil and gas explorer Golden State Resources is headed for court after it rejected a counter settlement offer from its services provider in the United States.

Miner Kagara says production has restarted at its Mt Garnet polymetallic plant following heavy rainfall in Queensland.

Property developer Peet plans to raise $81.5 million through a rights issue, with around two-thirds of the raising underwritten by company directors and UBS.

West Perth company Continental Capital has appointed Petrus Snyders as chief executive officer of subsidiary Continental Coal and has topped its planned $20 million financing target.

Investor confidence has fallen to the worst level in more than four years due to the global financial crisis, a new quarterly survey shows.

Falcon Minerals has settled a sale with Iluka Resources subsidiary Basin Minerals Holdings for its 10 per cent equity in the Echo Minerals Sands Project, located in the Murray Basin in Victoria.

Apache's Australian managing director Tim Wall will move to head the group's operations in Canada, with his deputy, John Bedingfield, replacing him as the local chief.

Energy Minister Peter Collier visited Karratha earlier today to mark the start of construction of the most efficient gas-fired power station on the Pilbara’s North West Interconnected System (NWIS).

Shadow Treasurer Ben Wyatt has today expressed concerns that the abolition of the State Supply Commission will have an adverse effect on small businesses.

The WA Local Government Association has urged its members to press ahead with reform plans, after the state government said it would not legislate to force mergers of local councils.

Federal Innovation Minister Senator Kim Carr has officially launched a new centre to give Western Australia's manufacturing companies practical help in improving day to day business.

Subiaco-based Global Nickel Investments says it will look for other takeover opportunities after it dropped its planned acquisition of a medical device company.

The state education department says it will not meet its 3 per cent budget cuts amid an influx of new students, teacher shortages and a forecast deficit of $50 million.

The state government expects to save some $1 million each year by merging the State Supply Commission into the Department of Treasury and Finance.

Deloitte has urged the federal government to adopt recent changes to US business policies that could throw a cash lifeline to struggling businesses during the current economic climate.

The state opposition has called the plan for local council amalgamations a "complete farce" after Premier Colin Barnett said the Peppermint Grove council should be exempt.

Subiaco-based IMX Resources has pocketed $6 million after selling its Four Mile royalty to Anglo Pacific Group.

Global Construction Services has raised an additional $630,400 through its share placement and expects to receive a tax refund of $3.15 million after taking advantage of tax consolidation legislation.

Carnegie Corporation has received approval from the Victorian government to develop three pilot wave energy projects on the state's coast.

Chevron will become the first user of a $35 million service and supply base at the Australian Marine Complex at Henderson following state approval for the project.

A state government report has proposed two options for upgrading Barbagallo Raceway, which Sport and Recreation Minister Terry Waldron says offers a better strategic direction for WA motorsport than a street circuit.

The Subiaco Redevelopment Authority is free to develop the north-eastern corner of Subi Centro into a mixed use residentital and commercial space following approval from Planning Minister John Day.

Students may want to rethink about enrolling at a prestigious university with a new study finding that graduates from prominent universities do not necessarily receive higher starting salaries.

The resources sector in Australia and New Zealand may now be exposed to higher levels of fraudulent incidents involving the theft of funds and physical assets, according to a KPMG survey.

Sinosteel Corporation's plans to mine old iron ore stockpiles at Koolanooka in the Mid West have been put on hold because low commodity prices have made the project uncommercial.

A national small business lobby group is urging the state government to ignore calls to privatise or amalgamate the Small Business Development Corporation.