Western Australian oil and gas player Tap Oil Ltd has recorded revenues of $19.7 million for the March quarter, with record high oil prices offsetting lower sales volumes.
Analysts believe the Alinta Ltd and the Australian Gas Light Company Ltd merger announced today signals a win-win scenario for both companies and their shareholders.
Engineering construction figures for the December 2005 quarter released last week provide yet another strong indicator of the buoyant state of Western Australia’s economy.
News of a $54 million capital raising by South Perth-based diversified resources player Aquila Resources Ltd has ended speculation about its recent trading halt and buoyed its share price.
Western Australian diversified resources player Aquila resources today ended speculation about its trading halt of last week by announcing its intention to raise $54 million to provide working capital for its coal and iron ore projects.
Western Australian iron ore junior Cazaly Resources Ltd faces troubled times ahead in the wake of the state government's decision over the Shovelana iron ore lease.
The flurry of activity in the growing biofuels sector continues apace with Perth-based Mission Biofuels Ltd closing its initial public offer early, and another local player Jupiter Energy announcing plans to raise $5.5 million.
Western Australia's booming resource-led economy faces some challenging times ahead unless corporate tax reform is addressed to help ensure continued investment in the state.
The world's largest ammonia plant began operations on the Burrup Peninsula today, but high gas prices may force future projects offshore, most likely to Papua New Guinea.
Perth-headquartered Indian Sandalwood plantation manager TFS Corporation Ltd has taken steps to strengthen its board as it plans to transition from a sandalwood plantation grower to a producer of finished sandalwood products.
Subiaco rent-roll specialists Wentworth Mutual Ltd has acquired the management rights to Trinity Links Resort at Cairns in Queensland in a $2.3 million deal.
Helping turn a niche miner into the world’s largest fully integrated garnet mining, processing and distribution company has earned Torsten Ketelsen the major prize at the recent annual International Business Council awards.
Farm-focused businessman Dick Selwood has made a corporate comeback via renewable energy player Natural Fuel Ltd, which plans to build a $45 million biodiesel facility in Darwin.
In 1979, 53,000 people attended the WAFL grand final at Subiaco Oval. Now, 27 years on, the state’s population has grown by around 800,000, WA is in the middle of an economic boom, and the same venue holds nearly 10,000 less.
The Reject Shop, one of Australia’s fastest growing and most profitable discount variety retailers, has announced its expansion into Western Australia, with the launch of two stores – in the city and in Booragoon.
