Mark Beyer

The legal storm swirling around Perth scientist Dr Bruce Gray and listed company Sirtex Medical has become more intense, with law firm Freehills forced to step aside from the case and Perth accountant Grant Boyce's directorship threatened.

Nanotechnology company pSivida has reported a loss of $31.4 million for the year to June 2006, nearly double its loss in the previous financial year.

BGC boss Len Buckeridge has predicted a price war in Western Australia’s cement market after commissioning a $44 million factory in Kwinana.

The oil and gas and iron ore sectors are leading WA’s investment boom, WA Business News’ third annual survey of major projects has found.

BHP Billiton’s Ravensthorpe nickel project is in line for the invidious honour of having the biggest cost blow-out of all the major projects in Western Australia in recent years.

While the iron ore and oil and gas sectors dominate the outlook for project investment, Western Australia is in line to host a diverse range of projects in other sectors worth more than $5 billion.

The liquefied natural gas (LNG) industry stands to become the most significant part of the resources sector if projects proposed for waters off the coast of Western Australia come to fruition.

The Takeovers Panel has ordered that Alinta Ltd divest a 10.25 per cent holding in the Australian Pipeline Trust, after declaring the acquisition unacceptable on Sunday.

Police & Nurses Credit Society has upped the ante in its takeover defence against Home Building Society by announcing a valuation of at least $420 million, or $6,000 per member.