Edited announcement

WA minimum wage increased 3 per cent

The Western Australian Industrial Relations Commission has moved to increase the state's minimum wage more than 2.8 per cent, slightly above the recent rise granted by the federal Fair Work Commission.

AHG, Sirius into ASX200 index

Leighton Holdings and Perseus Mining were among the losers from the latest rebalancing of Australian stock market indices, while Automotive Holdings Group and nickel explorer Sirius Resources were among the winners.

John Bond joins Fleetwood board

Prominent Perth property identity John Bond has joined the board of transportable housing and caravan manufacturer Fleetwood Corporation. Mr Bond has been a director of development group Primewest for more than a decade.

Police & Nurses officially re-branded P&N Bank

The state's largest locally-owned lender, Police & Nurses, has today officially changed its name to P&N Bank. The lender said 11 branches would be re-branded as of today, with the remaining branches to be re-named by March 20.

New MD for Apache Energy

Oil and gas firm Apache Corporation has announced a new managing director for its Perth-based Australian operating unit Apache Energy. Former director of operations Faron Thibodeaux has been promoted to the role of Apache Energy managing director and region vice president.

Northern Star signs JV with Fortescue

Perth-based gold miner Northern Star has signed a joint venture agreement with Fortescue Metals Group to acquire non-iron ore mineral rights to what it described as "barely explored" acreage near several Fortescue mines.

AnaeCo enters Indian agreement

Perth-based AnaeCo has secured its second international agreement in as many weeks for deployment of its patented waste-management technology.

Local boost from Rio Tinto, Fortescue

Rio Tinto and Fortescue Metals Group has awarded more than $1.8 billion of work to WA companies in the September quarter, the state government has revealed.

Perkins wins $16m in contracts

Bunbury-based Perkins Builders has won two contracts valued at a combined $16 million for work in Jandakot and East Victoria Park.

New King for Pilbara Development Commission

The state government has appointed a new chief executive to the Pilbara Development Commission, which overlooks the $1 billion Pilbara Cities initiative. Regional development minister Brendon Grylls announced today that Ken King will take the helm of the commission.

WA government hikes up Sandfire royalties

The WA government has told Sandfire Resources it intends to lift the royalty rate for some of the output from its DeGrussa copper mine to 7.5 per cent, which could mean an extra $7 million the miner would have to pay.

Mermaid Marine wins $50m BHP contract

Shares in Mermaid Marine Australia were higher after the oil and gas support company won a $50 million contract from BHP Billiton.

Pages

Corporate Finance

Corporate Finance

ECM driven by Business News' corporate finance database includes private equity relationships

Mergers and Aquisitions

Mergers & Acquisitions

Who are the leading hands in the West Australian M&A marketplace

Exporters

LabelValue
Rio Tinto$26.13bn
BHP Billiton Iron Ore$20.48bn
North West Shelf Venture$14.92bn
Gold Corporation$6.82bn
Fortescue Metals Group$6.68bn
Others$22.08bn
FMG
CF 2011
CF Q3 FY12
Elizabeth Quay
IBM Tech Staff
Subiaco Revenue

Feedback Form