Programmed Maintenance Services has announced it has sold half of its marine services business to a Netherlands-headquartered company, on the same day it revealed a return to the black with a full-year net profit of $12.3 million.
The Australian dollar has fallen back against its US counterpart which has lifted against a basket of major currencies ahead of the release of the Federal Reserve's policy meeting minutes.
Gold prices have fallen, as the US dollar rebounded from 6-1/2-month lows and investors shrugged off heightened political risk following a deadly suicide attack in Britain.
Oil prices have settled a bit higher as expectations of an extension to OPEC-led supply cuts overshadowed a White House proposal to sell half of US petroleum reserves.
School groundswell growsThe fight to stop Perth Modern School being relocated to a high-rise building in Northbridge was stepped up yesterday when a 6000-signature peti
Long-serving Labor MP Kate Doust has become Western Australia's first female president of the Legislative Council, while Sue Ellery will lead the government in the upper house.
Water Corporation will no longer hand over Dunsborough water and Busselton drainage assets to Busselton Water after the state government deemed the proposal too costly and without benefit.
Indigenous employment group Ngarluma Yindjibarndi Foundation is continuing its push into hospitality and tourism, unveiling plans to develop a tourism hub at Cossack, a historic ghost town located around 15 kilometres from Roebourne.
UPDATE: Diploma Group boss Nick Di Latte says the company will continue to push forward with its proposal to revive the company and provide a return to creditors, after provisional liquidators were appointed to 20 Diploma-related entities today.
A joint venture between Cottesloe-based Triangle Energy Global and Royal Energy has taken full ownership of the Cliff Head offshore oil project in the Perth Basin after buying out previous stakeholder Roc Oil for $US3.75 million ($A5 million).
A local startup is hoping to simplify some of the complexities that can arise when lending money to friends or relatives, bringing formality to agreements valued at $20 billion a year nationally.
Companies from the US may dominate foreign investment in Australia, but businesses from both sides of the relationship still need to be reminded about the opportunities.
Woodside Petroleum plans to boost cash flow through expansion of existing projects over the next few years and has ruled out investment in any major greenfield projects in the near term.
Gold has extended its biggest weekly gain in five weeks as the US dollar falls against the euro, while US political turmoil fuells demand for bullion as a safe-haven and reduces expectations of rapid Federal Reserve interest rate rises.
Court setback fails to kill Diploma rescue bidThe Di Latte family are pushing ahead with their proposed rescue of Diploma Group despite yesterday’s appointment of provisional liq
Oil prices have risen as growing confidence that top exporters will agree to extend supply curbs this week and speculation that the cuts could be deepened further have pushed prices to their highest levels in more than a month.
Chamber of Commerce and Industry of WA chief executive Deidre Willmott will not be a contender for Liberal Party endorsement for the Legislative Assembly seat of Cottesloe when the incumbent, former premier Colin Barnett, quits politics.
West Perth-based Encounter Resources has tapped investors for $3.4 million to fund ongoing exploration at its gold projects in the eastern Pilbara region.
Australian shares have shaken off their weakness of last week courtesy of a bounce in energy and mining stocks as speculation of tightening world oil supply boosts commodities.
Mining magnate Andrew Forrest and his wife, Nicola Forrest, have made history today with a $400 million pledge the prime minister has called a ‘game changer’.
