Perth-based firm Fastbrick Robotics is bringing its bricklaying robots, which have been backed by Dale Alcock, to the ASX, lining up an all-scrip acquisition deal with DMY Capital.
The Australian share market has closed slightly better than flat as a rise in overseas markets reflected optimism about a bail-out deal for debt-ridden Greece.
The state government plans to invite the private sector to bid for state-owned properties that aren’t listed for sale under a proposed unsolicited bids process, while also announcing the listing of 40 extra assets in the second wave of its land sales program.
Students at more than a third of Western Australia’s regulated registered training organisations (RTOs) have been exposed to range of serious breaches, including being taught by unqualified trainers and passing courses despite submitting incomplete or incorrect written assessments.
The corporate watchdog has begun civil penalty proceedings against Padbury Mining and two of its directors over statements made last year claiming the company had lined up $6 billion in equity to fund construction of a port and rail network at Oakajee north of Geraldton.
Perth IT company Empired has upgraded its revenue guidance for the financial year by $10 million, on the back of numerous recent contract wins totalling $65 million, and has more than doubled its staff since the start of the financial year.
Programmed Maintenance Services’ six-month pursuit of its larger competitor, Skilled Group, has paid off, with the Melbourne-based company backing a $424 million takeover offer.
Gold prices have eased as the euro slid sharply against the US dollar, and as stock markets rallied on hopes that Greece would reach a deal with its creditors to stave off default.
As the financial year draws to a close, not-for-profit organisations are seeking inventive ways to create sustainable income, but it’s far from a one-size-fits-all approach.
Oil prices have climbed lifted by expectations of a further decline in US inventories and positive data in the eurozone that could signal stronger demand.
The Australian dollar has nudged lower against a firmer greenback following the release of positive US housing data and comments from the US Federal Reserve.
Australian shares notched up a third consecutive day of gains on global optimism about the Greek government striking a debt bailout deal to avoid leaving the eurozone.
The state government expects to reap inabout $1 billion in revenue after signing a development agreement with the Woodside Petroleum-led Browse consortium to supply 800 perajoules of gas to the domestic market.
New research from publication The Economist indicates China will be the world’s largest economy by 2026, with a forecast nominal GDP nearing $US30 trillion, and predicts the rise of Asian nations will drastically affect global politics.
The state government has provided a further $4.6 million for drilling and prospecting activities at 44 projects in Western Australia, including Fortescue Metals Group’s Trifecta base metals project.
The average home price dropped 0.3 per cent, to $545,000, in Perth in the 12 months to March, against a national average gain of 6.9 per cent, to $576,100.
Online property rental company rent.com.au has commenced its first day of trading on the ASX, after being acquired by Select Exploration in a backdoor listing.
Demand for apartment living is rising in the western suburbs, but a lack of suitable sites and community opposition to large-scale projects is hampering developers’ efforts to meet buyers’ needs.
A Fremantle-based not-for-profit organisation is fighting back against a funding culture focused on new projects, seeking instead to draw on more than 20 years of goodwill to elicit support for its existing work.
The first sod has been turned at the Sarich Neuroscience Research Institute in Nedlands, with Cockram Construction set to begin work under a $30.3 million contract.
Phoenix Gold has taken a planned vote on an alliance with Evolution Mining off the agenda of its general meeting, being held today, after Zijin Mining Group made a play to take ownership of the company in a cash deal worth $47 million.
Alcoa has been directed to improve its asbestos management procedures after workers were potentially exposed to it at two refineries in Western Australia.
