Local mining services companies Ausdrill, Emeco Holdings and Lycopodium have posted net losses for the financial year, with lower activity in the resources sector weighing on their pipelines of available work.
Diversified firm Transfield Services expects underlying earnings to remain flat but without a repeat of the one-off costs that hit this year's bottom line.
The Australian share market is almost 1.5 per cent higher, following Wall Street's three per cent gains, a sign traders are shrugging off recent volatility.
Gold prices slipped two per cent on Wednesday as the dollar gained and US stocks advanced, while investors kept a close eye on China's efforts to support its economy.
More apartment developments are coming to the Burswood Peninsula, with the Town of Victoria Park formally adopting guidelines to pave the way for the first stage of Belmont Park, while Finbar Group
Diversified contractor SRG has completed its $2.3 million acquisition of Perth-based commercial maintenance and repairs firm CCM Group Australia, which it says will add to its capability in Western Australia.
The rejuvenation of Fremantle’s dilapidated and neglected east end has been given a boost, with Defence Housing Australia lodging plans for a 166-apartment project on Queen Victoria Street.
Iron ore miner BC Iron has fallen into the red with a net loss of $158.5 million for the financial year, on the back of impairments and falling commodity prices, and has declared no dividend payout.
LandCorp has released the fourth major development plot at its Claremont on the Park urban infill project, with the site to yield a building of up to six storeys with a minimum of 119 apartments.
A senior Woodside Petroleum executive has urged Perth companies to be less secretive, saying recent deals it struck with local businesses had occurred only after learning of their world-class expertise by chance.
Reigning 40under40 winner Angus Turner has welcomed an investment of almost $4 million into the Lions Eye Institute and pledged to use the funds to implement a new mobile eye healthcare service for use in the state’s most remote regions.
Kerry Stokes' Seven Group Holdings fears its earnings could fall 10 per cent in the year ahead, with trading conditions in the resources sector still challenging.
The Town of Port Hedland council voted last night to privatise the regional airport through a long-term leasing deal with AMP Capital and Infrastructure Capital Group, which will run the regional airport for 50 years.
Energy retailer Synergy has finalised its lease deal to move into the Forrest Centre on St Georges Terrace, taking up 8,000 square metres in the building, which was listed for sale earlier this yea
Mining giant BHP Billiton has posted a dramatic slide in annual profit on the back of plunging commodity prices, with chief executive Andrew Mackenzie flagging further cost cuts.
Traffic outside the state parliament was brought to a standstill as unions held a rally against the free trade deal with China, saying it will be bad for local jobs and exploit foreign workers.
Local miner Metals X has announced a 9 per cent increase in net profit to $40.9 million for the 2015 financial year, on the back of higher revenue from gold sales.
