Property researcher RP Data says Perth's house prices are cause for concern as Armadale, Parmelia and Brookdale are found to be the cheapest suburbs in the metropolitan area.
The independent directors of Forge Group have recommended shareholders to not accept a proportional takeover offer by Clough, although the executive directors will stick to their previous commitment and accept the offer.
An attempt to remove the majority of Mesa Minerals' board have prompted the company to seek orders from the Takeovers Panel to block dissident shareholders from buying more shares.
Wesfarmers has moved to a quarterly coal pricing system for the majority of ore produced at its Curragh mine in Queensland after achieving a 70 per cent increase to current prices.
Property developer Port Bouvard has again pushed back the release of its capital management strategy as the suspension on the trading of its shares enters its sixth month.
Technology company Structural Monitoring Systems is looking at capital raising options after a partnership agreement, which was to underpin future revenue, was terminated.
Diploma Group is set to expand its presence in the eastern end of the Perth CBD, today announcing its fourth high-rise apartment building on Adelaide Terrace, valued at $50 million.
The corporate watchdog has frozen the funds of 16 companies associated with four men, including Perth man Scott Walker, due to concerns of a possible Ponzi-style operation.
Engineering construction activity in Western Australia is expected to take a breather over the next two years as activity nationwide is tipped to fall 6 per cent in 2010-11, an economic forecaster says.
Prime Minister Kevin Rudd has continued to sweeten his health reform plan ahead of a states and territories meeting, today announcing a $739 million takeover of aged care services.
The UK company behind the Wheel of Perth, located next to the Bell Tower, will dismantle the ferris wheel next month, some 15 months after it was erected.
Clive Palmer's Mineralogy has agreed to loan $3 million to Australasian Resources, which will use the funds to progress financing talks over the Balmoral South iron ore project.
Perseus Mining is set to tap equity markets again to raise up to $139 million through an underwritten share offering, a private placement and a share purchase plan.
Belgium's Nyrstar has upped the ante of its takeover bid for CBH Resources, today offering a choice of cash and scrip for each CBH share and $1,000 for every convertible note.
Scientists at Curtin University, University of WA and CSIRO working on the Square Kilometre Array project were among a number of recipients of the Australian Research Council's $27.2 million Super Science Fellowships scheme.
Perth-based Grange Resources has secured a 69 per cent price increase for its iron ore pellets and is making moves to change from benchmark to index-based pricing.
Clough's major shareholding in the Peter Hutchinson-led Forge Group appears to have deterred a potential takeover bid by an unidentified party, which today dropped its proposed offer.
Macmahon Holdings has confirmed it is poised to receive a $90 million government contract as it responded to a query by the Australian Securities Exchange.
