Edited announcement

Minara resolves $48m conflict with Glencore

Minara Resources Ltd has announced the resolution of its long-running dispute with Swiss-based project funder Glencore, ending claims totalling about $48 million.

Austal wins $145 Turkish ferry contract

Henderson shipbuilder Austal Ltd has confirmed a $145 million order from a Turkish customer to build two 88m high-speed, vehicle-passenger ferries for use in the waters off Instanbul.

Moves for LNG-powered mine trucks

Western Australia's fuel hungry resources sector may be quite keen to see progress in a joint Queensland-Canadian effort to develop LNG-powered trucks for mine sites.

This advice is general, it may not be right for you

Professionals who provide general advice about financial products can water down the warnings they have to give clients, with new rules allowing them to give shorter, simpler disclaimers face-to-face or over the phone.

Entrepreur supporters offered grants from $8m fund pool

The federal government has opened a new round of funding for its small business entrepreneurship prorgam, offering grants of up to $300,000 from a pool of $8 million set aside for the purpose.

Visiomed raising capital for overseas expansion

Perth based medical imaging technology and biotechnology company Visiomed Group Ltd has announced a capital raising of approximately $1.6 million.

Perth Lord Mayor named new head of world energy cities group

The Lord Mayor of the City of Perth, Dr Peter Nattrass, has been appointed to head the world's foremost energy cities partnership.

Good oil for WA carbon credits

Western Australia has created the nation's first tradeable legal right to offset carbon dioxide pollution by tree plantings, according to the state government.

Increasing fuel costs douse business confidence

Western Australian small business confidence has fallen as petrol prices have risen, according to a new survey.

Housing capacity constraints hurting growth: industry group

The Housing Industry Forecasting Group says capacity constraints emerging in the housing sector are causing severe problems for further growth in the industry.

Port Bouvard announces big interim dividend

Property developer Port Bouvard Ltd has announced an interim fully-franked dividend of 40 cents a share, up 300 per cent on the payout for the company's shareholders this time last year.

Eldridge takes up post at Vulcan

Finland-focused junior nickel player Vulcan Resources has appointed former Portman Mining boss Barry Eldridge as deputy chairman at its annual general meeting held today.

Four from WA in Deloitte Tech Fast 50

Deloitte has announced a list of what it believes is Australia's 50 fastest growing technology companies, with four groups from Western Australia making the grade.

Deep Yellow awaits more tests on doubtful dirt

Deep Yellow Ltd, one of Western Australia's uranium hopefuls, aims to have the results of more lab tests on Monday following bad news earlier this week.

Rio, AusQuest agreement on Nameless iron ore prospect

Diversified exploration company AusQuest is set to fast-track its iron ore interests in the Pilbara following an agreement with mining giant Rio Tinto aimed at progressing an iron ore development near Tom Price.

States concern over airport land use

State and Territory Governments have united at the Australian Transport Council in opposition to the way in which the Commonwealth Government was dealing with non-aviation developments on airport lands.

Feds allocate $40m to WA rail infrastucture

The Federal Government's allocation of an extra $40 million for vital rail infrastructure is recognition of Western Australia's need for a fairer share of transport infrastructure funding, according to Alannah MacTiernan.

Ripper calls for flow-through shares

Western Australian treasurer Eric Ripper today called on his Federal counterpart Peter Costello to stop dithering on tax reform and introduce long overdue measures to encourage mineral exploration in Western Australia.

ASIC launches legal action against Westpoint companies

The Australian Securities and Investments Commission has commenced legal proceedings in relation to a number of companies within the Westpoint Group, as part of an investigation into the affairs of the companies.

Palassis to be architects to Cossack heritage plan

Subiaco-based Palassis Architects is to lead consulting to work on a master plan aimed at reviving the historic town of Cossack.

HarvestRoad wins $2.2 million contract from BAE

Perth software developer HarvestRoad has won a contract worth more than $2 million to develop an element of BAE Systems' contract management system, the second significant contract win in a week.

Perth businessman on charges

The Australian Securities and Investments Commission has brought charges against Perth man Roy Albert Edwards, a former director of UTE Management Pty Ltd.

Sandy Macdonald to meet WA trade leaders

Parliamentary Secretary to the Deputy Prime Minister and Minister for Trade, Senator Sandy Macdonald, will visit Western Australia to meet with key business leaders and groups.

Carpenter opens trade office in Los Angeles

Western Australia's first Trade and Investment Office in the United States was opened today in Los Angeles by state development minister, Alan Carpenter.

Alinta awards $110 million contract for gas turbines

Alinta has awarded a $110 million contract to Alstom Australia Ltd for two 162 MW gas turbines fdestined for the cogeneration facility at Alcoa's Wagerup refinery.

WA economy tipped to grow at twice national rate

Treasurer Eric Ripper today welcomed a new independent report forecasting Western Australia's V8 economy to zoom along at almost twice the national rate in 2005-06.

Minerals and energy capacity to grow strongly: ABARE

A record number of advanced minerals and energy projects, valued at $29.4 billion, will add significantly to the sector's production and export capacity in the short to medium term, according to ABARE.

SBDC warns on workers' comp for working directors

Small businesses seeking workers' compensation insurance cover for WA working directors of proprietary companies are advised to review their insurance needs according to the Small Business Development Corporation.

SBDC to link small business with WA graduates

A new Internet service will help match Western Australian small businesses with university graduates seeking opportunities to employ their skills and learning.

AHG expand in Victoria

Automotive Holdings Group Ltd has added a Hino truck dealership at Dandenong in Victoria, an outlet the vehicle trader described as a "flagship" operation and a significant expansion of its business.

Internet jobs survey shows jobs growth may have peaked

The October Olivier Internet Job Index is sending mixed messages about the economy, increasing 1.41 per cent but dropping in the core market of NSW.



Unregistered builder to pay $42,500 for illegal work

Richard Jonathon Sheridan, the director of One Emperor Pty Ltd (deregistered – ASIC) trading as WOW Makeovers, has been successfully prosecuted by the Building Commissioner for registration and contractual offences he committed in relation to a $250,000 renovation of a Scarborough house between May and November 2011.

Hall & Prior proceeds with $67m development

Hall & Prior Health and Aged Care Group has today announced plans to proceed with a $67 million aged care facility in High Wycombe, due for completion in the second half of 2019.

WA venues top national awards

Two Western Australian businesses and a WA venue manager have won major titles at the Australian Hotels Association national awards for excellence, announced at the Royal Pines Resort on the Gold Coast last night. 

Alan Tough dies at 77

Local businessman Alan Tough has passed away at the age of 77.

most commented

Broadband network waste of money: iiNet

iiNet managing director Michael Malone has warned a Senate Committee that the federal government's national broadband network is doomed to be a huge monumental failure and a waste of $5 billion of taxpayers money.

Moore River project gets approval

The state government has given conditional approval for the Plunkett family's proposed residential development at Moore River, north of Perth, but has substantially scaled down the size of the project.

WA School of Mines under threat

The globally-respected Western Australian School of Mines campus in Kalgoorlie will inevitably be closed unless far reaching changes are made, some of the school's most prominent graduates have warned.

Port Bouvard lodges Gidgegannup plan

Port Bouvard has lodged its master plan for the Gidgegannup townsite with the City of Swan and the Western Australian Planning Commission following 18 months of planning and environmental investigations.