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Rebecca Lawson

Sunfire, BGC in talks for no-frills CBD hotel

CONSTRUCTION giant BGC is poised to bring another hotel development online in the Perth CBD. 

Norfolk Group higher on takeover update

Shares in takeover target Norfolk Group were up strongly today after bad news on a contract termination was outweighed by the disclosure that its takeover price could be nearly twice the 38 cents p

Diploma, Quest poised to build Albany hotel

Diploma Group and Quest Serviced Apartments have been selected as the preferred proponent by the state government to develop a four-star waterfront hotel in Albany.

Holiday Inn Express for Adelaide Terrace

A new brand of the Holiday Inn hotels is set to make its Australian debut in Perth at a new $35 million development on Adelaide Terrace. 

Steve Gostlow

Steve Gostlow’s punt on Tox Free Solutions is starting to pay dividends.

Phil Britten

Phil Britten has fought harder than most to achieve his goals.

Julie Shuttleworth

Julie Shuttleworth loves travel, chemistry and big trucks, which makes her a perfect fit to head Barrick Gold’s Laverton gold mine.

Shining Star: Bill Beament

Northern Star Resources’ Bill Beament is this year’s 40under40 First Amongst Equals, heading off strong competition from the three other finalists -Julie Shuttleworth, Steve Gostlow, and Phil Britten.

Waterbank a step closer

PROPERTY player Lend Lease is aiming to submit a development application for the first stage of the $1 billion Waterbank project this year, which will transform the eastern part of the Perth CBD.

No salary rise for Rio's energy staff

The majority of employees across Rio Tinto’s energy business in Australia will not receive salary increases this year as the miner aims to “secure the long-term strategy” of the division.

Waterbank construction to kick off next year

Lend Lease will start construction at its $1 billion Waterbank precinct at East Perth late next year after finalising an agreement with the Metropolitan Redevelopment Authority today.

Skywest sheds 18 workers ahead of Virgin tie-up

The Australian boss of Skywest has confirmed 18 redundancies have been made as part of measures to make the regional airline more efficient and streamlined.

Chinese group pulls $66m Galaxy investment

A blast and subsequent shutdown of Galaxy Resources’ Chinese processing plant has cost the miner a potential $66.2 million cornerstone investment from the East China Mineral Exploration & Devel

Albanese out, Walsh takes over after Rio writes down $US14bn

Sam Walsh has been promoted to the top job at Rio Tinto, effective immediately, taking over from Tom Albanese who has quit as chief executive after the miner revealed a $US14 billion writedown.

Perth median house price rises

Increased first home buyer activity and a lift in turnover of higher priced properties have bolstered Perth’s median house price, which rose 3 per cent in the December quarter. 

REIWA, APM at odds on Perth rental market

The state of the Perth rental market has been muddied, with two sets of research showing a small increase in rental rates for houses but producing conflicting results for apartments.

HBF considers new HQ in Kings Square

Leighton Properties is close to locking in plans for a second office tower in its Kings Square development in central Perth, with WA health insurer HBF in talks to buy one of the proposed buildings

Fortescue terminates energy sector entry

Fortescue Metals Group has terminated its entry into the oil and gas industry, ending discussions with Oil Basins over an onshore shale project within the Canning Basin.

Rox slides on nickel results

Rox Resources’ share price has lost some of the headway it gained from a nickel discovery late last year, with drilling results suggesting the explorer has yet to hit the “sweet spot”, an analyst s

Big plans for Murray Hotel

A West Perth hotel is planning to expand the number of its rooms from 30 to more than 100 as latest figures show continued high demand for accommodation in the CBD area.

Aspire extends Noble Group alliance

Shares in Aspire Mining have surged after it struck several transactions with commodities trader Noble Group over the Ovoot coking coal project in Mongolia.

Sirius restarts drilling at Nova deposit

Sirius Resources has relinquished two of its projects as it ramps up exploration at its Nova nickel-copper deposit, starting the new year with seven drill rigs.

Sembawang makes new $38m Macmahon offer

India-owned Sembawang Australia has widened its offer for Macmahon Holdings’ construction division, announcing a $38 million offer that also includes the purchase of the rail business. 

Tiger seeking $US80m debt deal

Tiger Resources has mandated two South African banks to arrange a debt financing facility for stage two of its African copper project as results are released from the definitive feasibility study.

St Barbara sells WA gold mine

Gold miner St Barbara has sold its mothballed Southern Cross mining operation in WA to a Chinese company for $22.5 million in cash, as a Malaga-based company profits from the deal. 

Fresh look planned for Esplanade Hotel

The Esplanade Hotel in Fremantle will be “freshened” through minor renovations as property syndicator and developer Primewest is set to officially become the owner of the iconic building tomorrow.

Port Bouvard gets financial lifeline

Port Bouvard is set to receive a much needed lifeline from Queensland's FKP Property Group, which has agreed to chip in nearly $23 million to a planned $60.2 million capital raising.

WA holds 79% of resources projects

Western Australia's title as the resources state was further cemented today with new figures showing it accounted for 79 per cent of the $109.6 billion committed to projects across the country.

Farm groups call for state budget funds

Farm lobby groups have made a last minute pitch for more funding for port and rail infrastructure ahead of Thursday's state budget.

Phylogica plans Frankfurt listing

Perth-based drug discovery company Phylogica plans to list on the Frankfurt Stock Exchange as part of its strategy to raise its profile in the international financial community.

Hayward buys Floreat Tavern

The Floreat Tavern has been sold to publican Geoff Hayward, the man behind the development of The Brisbane Hotel, Cino to Go and Luxe Bar.

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Outcry over WA ALP uranium mining ban

Premier Alan Carpenter's pledge to impose a legislative ban on uranium mining has prompted an outcry from mining lobby groups and the traditional owners who hold land rights over the major Kintyre uranium deposit.

Swan unveils $42bn stimulus package

The federal government will inject $42 billion into the national economy to help prevent the country from entering into a deep recession.

Apache pursues Devil Creek gas project

While much of the state focus has been on the Varanus Island gas crisis, operator Apache Energy is forging ahead with its Devil Creek gas development project which is open for environmental submissions from the public.

Tobacco changes threaten Perth business

Specialist cigar business, Devlin's Cigar Divan, will be forced to close its Perth and Subiaco stores if an amendment to tobacco laws is passed by parliament.