Preliminary Real Estate Institute of Western Australia data shows Perth median home values have declined for 15 consecutive months.REIWA said median house prices fell by around 2 per cent in the June
International energy and electronics giant GE has signed a deal with Fortescue Metals Group to provide two dual fuel gas turbines for its new 120 megawatt power facility at the Solomon iron ore mine.
Despite ongoing uncertainty shaking confidence in the global economy, the state's Chamber of Commerce and Industry has tipped the local economy to grow by 6.25 per cent over the next year.
Training and Workforce Development Minister Peter Collier says the federal government's visa process is holding back the ability of skilled workers to enter Western Australia.
Galaxy Resources shares dipped today after it revealed a $27 million cost and schedule blowout for its lithium carbonate processing plant in Jiangsu, China.
Mining contractor Macmahon Holdings has won a ten-year, $900 million mining contract for the Tropicana gold joint venture between AngloGold Ashanti and Independence Group.
Chevron has announced it has allocated a $US2.3 billion deal to a joint venture between the Australian division of international engineering group Kentz Corporation and New York-based CB&I.
Perth-based biofuels company Algae.Tec says the introduction of a carbon price will accelerate uptake of its technology by carbon dioxide emitting industries.
Syndicated Metals has announced a farm-in and joint venture agreement with Deep Yellow over four tenements adjacent to its Mount Remarkable base metals and gold project in Queensland.
Matsa Resources has announced it has reached agreement with US-based institutional investment fund SpringTree Special Opportunities Fund for an $8.6 million, 18 month finance facility.
Perth-based aerial mapping group nearmap.com has announced its full year revenue for financial year 2011 had soared more than 2,000 per cent over the previous year's result.