Fraser Beattie

The joint venture that has today started construction of the state government’s $1.96 billion Forrestfield-Airport Rail Link project has also submitted a proposal for the third stage of the NorthLink WA road project.

The Australian Securities Exchange has softened the changes to its listing requirements for companies wishing to trade on the stock market, with the new rules to take effect from next month.

Perth house prices were up slightly last month as the pace of growth across the nation’s capital cities showed signs of slowing.

Energy giant Woodside Petroleum says it has completed its $US440 million purchase of ConocoPhillips’ stake in an oilfield off the coast of Senegal, despite leaving a contractual dispute with one of the project’s partners unresolved.

Gina Rinehart and Shanghai CRED’s joint venture has proposed a counter-bid to that of the all-Australian consortium competing for the Kidman cattle empire, and says Hancock Prospecting would wholly acquire the target if foreign investment approvals aren't awarded.

Marine-focused engineering business VEEM has enjoyed a solid debut on the ASX today, with shares closing 20 per cent higher on its initial public offering price.

Mineral Resources and Pilbara Minerals have resolved their offtake dispute for the Pilgangoora lithium project, with MinRes to surrender its entitlements in return for a $50 million stake in Pilbara.

The supervisor of Dianella-based building company Frayson has been fined $15,000 for failing in his duties as a manager and supervisor on work carried out at 20 Perth properties over a 10-year period.

Local businessman Peter Landau will be subjected to more court action after China-controlled Nkwe Platinum filed a $2.5 million law suit in the Supreme Court of Western Australia.