Private equity players are at the heart of a second major Perth-based food franchise deal within 12 months, with Malaysian private equity firm Navis Capital Partners reacquiring a majority stake in Dome Coffees at a price estimated to be at least $50 million.
The University of Western Australia Student Guild has dismissed a staff member over financial irregularities after bringing in forensic accountants from BDO to undertake a special analysis of its 2013 accounts.
Iron Ore Holdings confirmed today that its second-largest shareholder 3rd Wave Investors, Brettney and Annie Fogarty’s investment vehicle, has accepted BC Iron’s $256 million takeover bid for IOH.
Murdoch University has taken the extraordinary step of referring its vice-chancellor Professor Richard Higgott to the state’s Corruption and Crime Commission following an internal investigation.
Nextgen Group will start building its $120 million subsea cable in the Pilbara in December with a final completion date set for the first half of 2016.
The Dow and S&P 500 have bolted to fresh records on continued momentum from Wednesday's Federal Reserve decision and enthusiasm ahead of Alibaba's expected initial public offering Friday.
Gold fell Thursday to an eight-month low, while silver sank to a four-year low, as investors digested the Federal Reserve's plans for tighter monetary policy.
The federal government has appointed former Western Australian bureacrat Stuart Smith as CEO of its oil and gas industry regulator, the National Offshore Petroleum Safety and Environmental Management Authority.
Saracen Mineral Holdings announced this afternoon that an employee of an unnamed contractor passed away overnight in his room at the accommodation village of the company’s Red October mine.
The Australian share market has closed marginally higher as a slightly positive performance from most of the major banks outweighed weakness in the resources sector.
Two Perth-based minerals explorers announced today that their placements had received commitments from investors, worth a combined $3.6 million in total.
Old enemies East and South Fremantle could soon share the same home ground, with the City of Fremantle set to consider a redevelopment funding proposal at Fremantle Oval.
Junior producer AWE has claimed a new gas discovery in the Mid West could be the largest conventional onshore gas discovery in Western Australia in 50 years.
Mines and Petroleum Minister Bill Marmion has announced that Western Australia will play a key role in settling global safety standards for emerging remote controlled mining machinery.
The Master Builders Association is evaluating the possibility of establishing an immersive training centre in Perth, similar to a $14 million facility in Victoria, to boost safety and productivity
New woodchip player Southern Pacific Fibre has struck a marketing and sales deal with Australia’s largest producer and exporter of high-quality hardwood chips, Australian Bluegum Plantations, despite a weak woodchip market.
Cardinal Resources has completed its bid for $900,000 of capital from sophisticated and professional investors, with additional rights issue shares yet to become available to eligible shareholders.
Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.
Almost half of Australia's mid-sized companies could be at risk of failing within five years without innovation, a survey of company finance chiefs shows.
The Australian stock market is higher after the US Federal Reserve pledge to keep interest rates at close to zero until 2015 boosted investor sentiment.
