Mark Pownall

IAN Trahar’s desire to control window furnishings group Kresta Holdings appears to have become an even tougher task with substantial shareholder Perpetual increasing its stake in the target after reportedly opposing the bid.

The shape of takeover target Kresta Holdings' shareholder register continues to change, with fund manager Perpetual the latest major investor to reveal its activity in the stock over recent months.

A major supplier to blind maker Kresta Holdings, whose vote could determine who controls the company, has admitted failing to lodge substantial shareholder notices with the company for the past 11 years.

AS the politics swirls around the Oakajee port project and its associated mine development, the appointment of a key player used to dealing with government makes a considerable amount of sense.

Getting rich is tougher than most people think.

Western Australia is set to lose one of its few retail financial services players with a move by $3.4 billion superannuation player Westscheme to merge with its giant eastern cousin Australian Super to create a $40 billion industry fund.

WHILE the only way is up for developments in Scarborough – with at least five buildings above eight stories approved late last year – the beachside precinct still has some way to go before its transformation as modern tourism district is complete.

Dairy farmers are getting battered by the retail giants, yet consumers are complaining the loudest.

PROJECTS in the Perth CBD and Midland worth a collective $155 million have brought the total value of developments on the books of listed property group Diploma Construction to $560 million.