Conglomerate Wesfarmers says it expects a lower dividend for the third consecutive year as it launches a heavily discounted rights issue to raise nearly $3 billion to help pay down debt from its $20 billion Coles acquisition.
Engineering and infrastructure firm GRD says it will take a $50 million one-off hit from the sale of its loss-making Global Renewables Eastern Creek Facility in Sydney to Emergent Capital.
Newcrest Mining, Australia's biggest gold company, has delivered a drop in gold production during the second quarter and cut full year production forecasts for its Telfer mine in Western Australia.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
MANUFACTURING, fabrication and construction company AusGroup has announced that executive director James Fitzgerald has relinquished his role on expiry of his service agreement with the company.
PERTH will host a major marketing and business conference – the Australian Masters Marketing Summit 2009 – from March 17-18, featuring some of the world’s top marketing executives.
A WESTERN Australian geospatial software developer has won an Asia Pacific award for its software warning system, which helps protect infrastructure during major emergencies and natural disasters.
GREAT Southern says it remains hopeful that investors will change their mind about a $700 million restructure plan, despite the majority backing only part of the proposal.
ANNE Nolan has been appointed director general at the Department of State Development, with Tim Griffin acting director general at the Department of Mines and Petroleum.
WESFAMERS expects first half 2008-09 net profit to be between $850 million to $880 million, after about $150 million in pre tax provisions and write-downs in the values of some investments.
A WESTERN Australian geospatial software developer has won an Asia Pacific award for its software warning system, which helps protect infrastructure during major emergencies and natural disasters.
AGRIBUSINESS Great Southern Ltd is pursuing alternative options, including the sale of assets, as received proxy votes indicate investors may not be willing to exchange their interest in plantation
BUILDING approvals in WA slumped 30 per cent in November to levels not seen in nearly eight years, as credit shortage and economic uncertainty deterred investors, according to the Australian Bureau of
A PROMINENT WA economist and Treasurer Troy Buswell have both said the state is unlikely to dip into recession in 2011, as projected by economic forecaster Access Economics.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
Earth from above High-profile environmentalist Phillip Toyne is coming to Perth to give a speech at The University of Western Australia Club’s theatre auditorium on Tuesday January 20.
CEDAR Woods Properties Ltd has posted a net loss of $6 million for the half year to December 31 2008, on the back of weakening demand for property in the south-west metropolitan area.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
Banaszak Legal has been acquired by Leaker Partners after Damira Banaszak accepted a position of senior legal counsel with the National Australia Bank.
Earth from above High-profile environmentalist Phillip Toyne is coming to Perth to give a speech at The University of Western Australia Club’s theatre auditorium on Tuesday January 20.
