Newspaper publisher and radio station owner, Fairfax Media and the country's largest radio network, Austereo Group posted big losses FY2009 and both organisation's agree the difficult market conditions are set to continue in the short term.
Australia's largest independently-owned mortgage broker, Mortgage Choice has been squeezed by the volatile housing finance market to post a net profit after tax on a cash basis of $13 million, a 23.9 per cent decrease on the FY08.
West Perth-based computer and office equipment financing company ThinkSmart has increased first half profit by 17 per cent despite a five per cent drop in revenue and says it remains on target to lift full year earnings.
A leading economist believes the record $50 billion Gorgon liquified natural gas deal with China could lead Western Australia into a "symbiotic" relationship with the Asian giant while the Greens reiterated the deal hasn't received environmental approval.
The push for extended retail trading hours in Perth is doomed to fail after the Labor opposition decided to oppose the move, joining the Nationals who also oppose change.
Shares in iron ore pellet producer Grange Resources fell after it unveiled plans to raise $167 million in new equity in a deeply discounted offer to key stakeholders including a Chinese investor.
Civil and mining contractor Brierty has returned to the black with an annual net profit of $6.7 million, compared with its $1.3 million net loss in the 2008 financial year.
Despite building products group James Hardie Industries NV posting a loss for the first quarter of its fiscal year, due to weakness in the US housing construction market and the general economy, ea
Three partners of KPMG's Perth office, Brett Fullarton, Robert Kelly and Grant Robinson, have agreed to stop practicing as auditors for between nine months and two years following their involvement in the collapsed Westpoint investment group.
Australia's third largest internet service provider, iiNet, has posted a 28.8 per cent jump in full year profit after lifting subscriber numbers and says it is well placed for the current financial year.
Iron ore miner Fortescue Metals Group has agreed to a price for all the iron ore it sells to Chinese steel mills for the six months to the end of December.
Several West Perth-based junior companies have today revealed plans to raise a collective $32.75 million to progress projects in Australia, South Africa and the United States.
Radio station 96FM has beaten Austereo's 92.9 to take second place in the latest radio ratings survey as perennial leader Mix 94.5 kept its grip on the number one ratings spot.
The Belmont store of fast food pizza chain Domino's has copped a fine of more than $28,000 as the state's health department unveiled the latest list of hygiene offenders.
Premier Colin Barnett says he expects Alannah MacTiernan to "do the right thing" and stand down from state politics by the end of the year after the Labor MP announced she will enter federal politics.
A slanging match between two rival unions has erupted in Western Australia, with veteran heavyweight Kevin Reynolds doggedly trying to hang on to his union's mining members.
US headquartered Legend International Holdings has acquired a controlling stake in North Australian Diamonds after its on-market takeover offer closed yesterday.
South Korea's Samsung Corporation has agreed to invest $40 million to take a small direct interest in Perdaman Chemicals & Fertilisers' $3.5 billion Collie urea project.
BHP Billiton has announced that former Ford Motor Company president Jac Nasser will take over from Don Argus early next year when the long-serving chairman retires.
Bendigo and Adelaide Bank expects its full-year earnings to be cut by a further 16 per cent after making extra provisions against its $550 million exposure to investors in Great Southern agribusiness schemes.
Western Australia's house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau of Statistics said today.
Shares in West Perth-based Metals Australia have plunged today after a Namibian court ruled two of the explorer's prospecting licences be turned over to their original owner.
Chevron has taken the next step in its ambitious plans to become a major gas operator in WA, awarding the onshore front-end engineering and design contract for its $25 billion Wheatstone project to US company Bechtel Oil, Gas & Chemicals Inc.
Building approvals in Western Australia have jumped more than 21 per cent in June as the nation posts its biggest surge in four years thanks to a flurry of new apartment projects, official data shows.
