National civil and structural engineering player VDM Group Ltd has just completed a $12 million capital raising to fund an aggressive acquisition strategy and support current contracts worth nearly $70 million.
Mermaid Marine has enjoyed a strong recovery in its share price during the past fortnight after forecasting an increase in full-year pre-tax profit to $12 million.
The federal government’s u-turn on tax incentives for the burgeoning biofuels sector threatens to derail the viability of an industry potentially worth up to $2 billion in the next five years.
Having ridden the crest of a seemingly endless wave of positive sentiment and upward movement, the Australian Stock Exchange recently showed its first major signs of vulnerability in more than three years.
Western Australian exporters expect a tough three months ahead as business adjusts to the impact of higher oil prices and exchange rate fluctuations, but the longer-term outlook remains strong.
Western Australian companies, Mermaid Marine and Amcom, have provided evidence of the buoyant status of the state's economy with both forecasting significant earnings growth in the second half of 2006.
With the state’s two AFL teams continuing to attract blanket media coverage, and the rise and rise of football’s global codes, soccer and rugby, competition for Perth’s sponsorship dollar has never been stronger.
The City of Cockburn has continued its attack on the interim report by the state government’s Major Stadia Taskforce, flagging the possibility of legal action as part of its next move.
Australian companies can expect greater access to the fast-growing Russian market following the recent signing of a bilateral access agreement between the two countries.
The Western Australian branch of the Australian Institute of Export will host the ‘Putting WA on the World’s Table’ seminar later this month, focusing on how the state’s food industry is achieving success in export markets.
Former Churchill Capital managing director Patrick O’Connor has emerged with a plan to launch a public investment company aiming at the volatile smaller companies sector.
Former Neptune Marine managing director Andrew Harrison’s new corporate dental group Capitol Health listed on the Australian Stock Exchange last week after a $1.8 million initial public offering.
Multiplex founder and construction pioneer John Roberts, one of the giants of Western Australian industry, passed away last week at age of 73 after succumbing to a long illness.
Leading Perth residential apartment developer Finbar International Ltd has just completed the $21 million purchase of two new inner metropolitan sites, as its high density apartment model continues to benefit from the state’s property boom.
Former Churchill Capital managing director Patrick O'Connor is planning to raise $50 million via St George Growth Equities, a newly established investment company, spun out of the O'Connor-led St George Capital.
Western Australian-headquartered plantation timber manager ITC Group Ltd shares remain suspended from trading on the Australian Stock Exchange, ahead of an expected announcement next week, as takeover suitor Hatmore Pty Ltd increases its bid.