The receivers of Great Southern have today made public its preference for timber company Gunns to assume responsibility for most of the collapsed company's plantation schemes.
Woodside Petroleum's credit ratings are under pressure after the oil and gas producer said costs at its Pluto LNG project had blown out by up to 10 per cent.
Nedlands-based Advanced Share Registry has tipped an 85 per cent increase in earnings on the back of higher activity on the Australian Securities Exchange.
Property developer Port Bouvard anticipates that its balance sheet restructure will be completed in December, allowing its shares to resume trading on the ASX.
The average weekly wage in Western Australia has proven itself resilient against the economic downturn, growing 7 per cent in the last year to a seasonally adjusted $1,306.30, new figures show.
The state government has selected a $600 million upgrade of road links around Perth airport and a $470 million improvement in town infrastructure in the Pilbara as its top capital works priorities.
A company that was founded by former Perth resident Frank Timis has reportedly been fined a record $1 million in the United Kingdom over a number of misleading stock market announcements.
Commissioner for Public Sector Standards Ruth Shean has been appointed as the inaugural director general for the newly created Department of Training and Workforce Development.
Speculation that Clive Palmer will list his company, Resourcehouse, on the Hong Kong stockmarket this year is gathering momentum with the billionaire reportedly reviving a $US2.5 billion initial public offer.
Galaxy Resources has received environmental approval for its Jiangsu lithium carbonate plant in China, which is expected to have a small environmental footprint.
Perth companies Magma Metals and Mantra Resources are set to have access to the larger northern hemisphere capital markets after both received approval to list on the Toronto Stock Exchange.
A substantial fall in the state's unemployment rate to 5 per cent has sparked concern that WA is not ready for the next wave of growth, with a business lobby group projecting a shortfall of 150,000 workers within seven years.
Macmahon Contractors and a joint venture between BGC Contracting and Laing O'Rourke Australia are among four proponents short-listed for work at the $220 million expansion of the Ord River project in the Kimberley.
The chairman of one of Japan's largest steel producer has warned of too much integration in Australia's resource sector and called for a crack down on potential oligopolies, as BHP Billiton and Rio Tinto proceed to merge their Pilbara mining operations.
Downer EDI has secured more than $400 million worth of contracts on mining and liquified natural gas projects, with the bulk covering operations in the Pilbara.
Shares in Territory Resources have fallen eight per cent in morning trade after the company announced it has agreed to sell its stake in India Resources, as it moves to cut its debt.
An increased flow of credit into the housing sector, apparently due to a last minute rush by first home buyers to secure the full benefit of a more generous housing grant, looks likely to generate a boost to the economy.
Shares in Carnegie Wave Energy slumped today after it missed out on federal government renewable energy funds for its wave power project at Garden Island.
West Perth-based Northern Iron has further strengthened its relationship with Sinosteel, signing a spot sales contract to sell iron ore to the Chinese market.
Firepower chief Tim Johnston has reportedly been served with an injunction ordering him to stay in Australia for questioning over the $100 million collapse of his fuel technology company.
New vehicle sales in Western Australia slumped 11 per cent in October as national sales rose for the first time in 16 months in a further sign that the economy is on a recovery path, new figures show.
Malaga-based Matrix Composites and Engineering plans to list on the local stock exchange in a fortnight after raising $15 million through its initial public offer.
The direction of Perth's property market may not be quite so clear cut with latest data from the Australian Bureau of Statistics over house prices putting it at odds with figures released last week.
The number of jobless people is expected to be nearly 250,000 fewer than forecast in the May budget and the economy is tipped to grow 1.5 per cent this financial year, new federal government figures show.
