The chairman of Peet, Tony Lennon, has told shareholders at the company's annual general meeting the developer remains confident about the fundamentals of the Australian residential property market.
The state government has approved an extra $94.8 million funding to help Western Power to deliver several key customer driven works, including the Oakajee development in the state's Mid-West.
Little World Beverages expansion in the eastern states is beginning to take shape after the company announced it has reached a conditional agreement to purchase a heritage property on Victoria's Bellarine Peninsula for $6.38 million.
West Perth-based Minemakers has given BCD Resources, the owners of Tasmania's Beaconsfield Gold Mine, an extra 48 hours to find new funding so it can continue to operate.
Sandfire Resources has announced plans to raise $102 million via a rights issue and an institutional placement to underpin development and exploration of its DeGrussa copper-gold project near Meekatharra.
The state government has committed to a major upgrade of roads and rail links in the wheatbelt, taking total state and federal spending on the run-down grain freight network to more than $350 million.
Marilynne Paspaley's Pinctada Hotels and Resorts has been named the preferred proponent to build a new hotel on Rottnest Island, beating a rival proposal from Karma Resorts.
West Leederville-based St George Mining has completed a $4 million Initial Public Offering and expects to list on the Australian Securities Exchange later this week.
VDM Group has become the fourth engineering contractor in recent weeks to significantly downgrade its forecast operating profit for the 2011 financial year.
Scandinavian Resources has reached a $7 million cash and scrip deal with Anglo American and Rio Tinto to acquire 100 per cent of the Rakkuri Project in Sweden.
Junior explorer Sheffield Resources has opened its Initial Public Offer to raise $7 million with a view to listing on the Australian Securities Exchange in mid December.
Helix Resources hopes to raise $2.28 million via a placement to advance exploration and evaluation at the company's minerals project in Australia and overseas.
Shareholders in Empire Beer could soon find themselves the owners of car park technology company Meter Eye after Empire announced plans to acquire the New Zealand-based company for an undisclosed amount.
Westpac and National Australia Bank have joined the ANZ and Commonwealth in lifting their lending rate above the official rate rise of 0.25 of a percentage point.
Cape Lambert Resources has announced a maiden JORC compliant inferred mineral resource at its Marampa project in Sierra Leone of 197 million tonnes at 28.5 per cent iron.
AngloGold Ashanti and Independence Group have given the green light to the development of the $690 million Tropicana gold project north-east of Kalgoorlie.
Burrup Holdings has claimed that a legal battle with its 35 per cent shareholder Yara Australia is "a cynical attempt to muddy the waters" in relation to a commercial dispute over the pricing of its ammonia exports.
The Federal Government has announced changes to the skilled migration test, which will now emphasize the importance of English, work experience and high level qualifications.
