Matrix Composites & Engineering has resumed dividend payments after reporting a net profit of $3.9 million on the back of a 21 per cent increase in sales revenue.
Land sales across the Perth metropolitan area slipped by more than 20 per cent in the September quarter, while at the same time the median lot price increased, with the Housing Industry Association
Mineral Resources has highlighted its focus on its services business, including the development of innovative bulk transport solutions, after reporting interim results that were dragged down by its iron ore mining operations.
Following the money is always the best way to see what interests a rich man because it tells you two things – what he likes as an investment for future growth, and what he sees as having reached the limits of growth.
The share market has closed lower as investors took profits from the rally sparked by a massive takeover offer for Toll, and many celebrated the Chinese New Year.
Perth-based minerals explorer ABM Resources has announced plans to tap investors for a $14.2 million capital raising to fund development of the Old Pirate gold deposit in the Northern Territory.
Iluka Resources has announced it will seek about 150 employees and contractors to restart operations at its rutile production plant and Tutunup South mine in Capel.
BHP Billiton and CSIRO have announced they will spend $5 million over five years in a partnership to increase the scientific community’s understanding of the Ningaloo Reef.
Engineering and construction contractor Decmil Group has posted a 4.9 per cent fall in first-half profit to $24.3 million as a result of lower construction margins in the tough market.
Treasurer Joe Hockey has warned that while Australia's economic fundamentals are strong, it would be irresponsible to assume that performance will last forever.
Shares in Subiaco-based internet service provider iiNet fell by 11 per cent after it reported a flat interim profit and said competition had become more aggressive in the fight for broadband customers.
Diversified conglomerate Wesfarmers is upbeat on the outlook for its businesses after its flagship division, Coles, lifted its first-half earnings more than 7 per cent.
US stocks have recovered from early losses to finish little-changed as Federal Reserve meeting minutes suggested it would wait longer before raising interest rates.
Gold has reversed losses after minutes from the Federal Reserve's last meeting show some central bank officials were worried about raising rates too soon.
Shares in Nomad Building Solutions were up 26 per cent today, after the company announced it would acquire privately-owned Bloomer Constructions Qld for up to $10.4 million, which offset news of an expected loss in its McGrath Homes business.
Sirius Resources managing director Mark Bennett said today the company could be a gold miner before it becomes a nickel producer, following positive drilling results at its Baloo deposit.
Medical groups have purchased three commercial lots at Pindan Capital’s North One development in Subiaco, with six of the 17 premises at the mixed-use project sold just weeks after construction was completed.
Carnegie Wave Energy has switched on its innovative CETO power plant, which will provide renewable electricity to the HMAS Stirling naval base on Garden Island.
Gold and nickel producer Independence Group has posted a 264 per cent increase in profit for the six months to December, on the back of increased production from its Jaguar and Tropicana operations and at lower costs.
Northern Minerals has attracted a Chinese-based funding partner to provide up to $49.5 million for its flagship Browns Range heavy rare earths project near Halls Creek.
