A group of Perth venture capitalists is backing plans by a local health scientist for an IPO of a new fitness-based business development, including a body-measuring app that is still on the drawing boards.
The Real Estate Institute of Australia says its recently released report into negative gearing shows renters would pay much more if there were to be any changes to the policy, despite claims to the contrary by a leading research institute.
The Environmental Protection Authority has recommended strict conditional approval of Doral Mineral Sands’ proposed Yoongarillup project near Bussleton.
The state government’s proposed $2.2 billion Forrestfield-Airport rail link has been recommended for conditional approval by the Environmental Protection Authority.
There is no prize for guessing that iron ore companies have plunged to the bottom of the resources component of this year’s TSR survey; but what is interesting is the rise of uranium hopefuls, despite few signs of an imminent increase in the uranium price.
Qantas, the biggest ASX-listed company to make the top 100 using total shareholder returns as the yardstick, was also the biggest surprise, with the airline delivering an eye-catching one-year return for investors of 151 per cent.
It has been a tough year for WA’s once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.
Macmahon Holdings chief financial officer Sybrandt van Dyk has been promoted to the role of chief executive, following Ross Carroll’s resignation in January.
The Aussie dollar is likely to fall to around US70 cents by the end of the year in response to higher US interest rates and sliding commodity prices, UBS predicts.
The days of fudging your CV or trying to cover up even the most minor of legal infractions may be over, thanks to employers’ increasing use of verification checks.
Gold has given up earlier gains after US Federal Reserve Chair Janet Yellen said she expected the central bank to raise interest rates sometime this year but pointed to concerns that US labour markets remain weak.
Loans for new houses have fallen to their lowest level for three and a half years, another sign of slowdown in Western Australia’s home building sector.
Local miner Metals X has reached an agreement with Northern Mining to acquire the Georges Reward gold project at Bulong in Western Australia for a cash sum of $4.5 million.
The number of 457 visa applications that require employers to seek Australian workers first could slump to just 25 per cent because of free trade agreements, unions say.
Brookfield Multiplex has completed the non-processing infrastructure facility at Gina Rinehart’s Roy Hill iron ore mine in the Pilbara, marking the finish of a $270 million workbook at the project.
Several local councils are hoping the state’s assets privatisation program will give them control over one of their most significant expenses – the cost of operating street lights.
Telstra has passed the costs of delivering copper wire for new residential developments onto developers, with the charges being described as another blow for housing affordability in Western Australia.
Perth-based gold miner Manas Resources has launched a $4.7 million capital raising plan to fund pre-development work at its Shambesai gold project in southern Kyrgyzstan.
