Staff Reporters

Directors’ Interests

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Gondwana Resources Ltd managing director Warren Beckwith has increased his interest in the company through the acquisition of 1.5 million shares through the exercise of options and an off-market tran

Activ Foundation

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Activ Foundation was formed in 1951 by a group of parents who wanted to give their intellectually disabled children a better life.

Gorgon partners approve $1bn study

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THE three partners in the Gorgon gas project have approved spending of $1 billion and the employment of 1200 staff and contractors ahead of a final investment decision over the coming 12 to 18 months.

A five-year plan

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IT'S 2013 and your company is paying the highest wages in your industry, affording you the ability to attract and retain the best talent.

Spectators score with sponsorship

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THE Perth Wildcats has seen a lot of changes over its 26 years in the National Basketball League, and with its four championships have come many coaches, playing venues, traded players, and various co

New magistrates

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Attorney-General Jim McGinty has announced the appointment of three new magistrates. Greg Smith will be based in Perth, Paul Roth in Port Hedland, and Tanya Watt in Kalgoorlie.

Vesco cuts back Perth operation

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Vesco Foods, formerly known as Kailis & France Foods, has become the second Western Australian food manufacturer in as many weeks to announce plans to close or scale down its operations.

Matt Birney retires from politics

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Former state opposition leader Matt Birney has officially retired from politics, saying that the instability of the Liberal Party's leadership has made it difficult for the party to win the election.

Today's Business Headlines

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Late surge nudges St George to record run; Gas blast warnings ignored; Partners set $1b budget for decision on Gorgon; WorleyParsons reaps bonanza on resources; BHP, Rio to square off as they pull out profit guns

Balkans falls short of $3.2m raising

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Subiaco-based Balkans Gold Ltd has fallen short of raising $3.2 million via a rights issue with shareholders accepting shares worth $47,000.

OM Holdings launches share buy-back

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OM Holdings has launched a share buy-back for about five per cent of its issued capital, saying its current share price did not reflect the underlying value, strong earnings and future potential of its assets.

Gorgon partners approve $1bn study

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The three partners in the Gorgon gas project have approved spending of $1 billion and the employment of 1200 staff and constractors ahead of a final investment decision over the coming 12 to 18 months.

Harper resigns from Fox Resources

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Fox Resources Ltd has today appointed Bruno Seneque as managing director following the resignation of Don Harper, who has left the company to pursue other opportunities in the resources sector.

Today's Business Headlines

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B&B profit warning furore; Battered Futuris takes a $26m hit, 100 jobs to go; Last shout as Empire goes flat on Colonial, Royal Bar; IGA rejects claims of a missed chance on Bi-Lo; Call for urgent government action over ICT skills shortage

Bob Kucera quits politics

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Former Gallop government minister Bob Kucera has today retired from politics to spend more time with his family.

Today's Business Headlines

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Steel price squeeze hits economy; Sub-prime spotlight to fall on CBA result; RBA to prune growth outlook; Time has come for WA to process its resources: Barnett; Rio eyes coal IPO as it ramps up asset sell-off

Independence Group launches buyback

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South Perth-based Independence Group NL has started a share buyback in a bid to increase shareholder value.

Mission Biofuels changes name

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Perth-based Mission Biofuels Ltd has undergone a name change to Mission NewEnergy Ltd following shareholder approval.

Mineral Resources, Hancock do deal

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Bibra Lake-based Mineral Resources Ltd had a double dose of good news today - it expects to more than double its profit in 2007-08 and has signed of a seven-year agreement with Hancock Prospecting Pty Ltd to develop and operate a Pilbara manganese mine.

No promise of rate cuts: ANZ, Westpac

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The ANZ Banking Corporation Ltd and Westpac Banking Corporation said today they cannot guarantee passing on any interest rate cut made by the Reserve Bank of Australia.

Today's Business Headlines

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ASIC targets conflicts and disclosure; Vineyards, jobs go in Constellation revamp; Carpenter in Olympic poll vault; Big towers off market as offers fall short; Minara kills dividend as nickel dives

Withdraw takeover acceptances: Ausdrill

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Ausdrill Ltd has recommended shareholders who have accepted Macmahon Holdings Ltd takeover offer to withdraw their acceptance.

State election expected for Sep 6

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Premier Alan Carpenter is expected to call an election for September 6, a day after Colin Barnett was elected to lead the state Liberal Party.

WA jobless rate dips to 3.1%

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The jobless rate in Western Australia has decreased to a seasonally adjusted 3.1 per cent in July while the national rate remained unchanged at 4.3 per cent.

Airport admits upgrade not enough

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PERTH Airport chief executive Brad Geatches has conceded that the airport's $1 billion re-development would only deliver 25 contact bays out of a planned 45 in the new combined international and domes

ipernica, Ericsson dispute

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WEST Perth-based intellectual property company ipernica Ltd has launched a second legal case against Sweden's Ericsson Inc, with a trial in the US set for 2010.

Directors’ Interests

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PearlStreet Ltd managing director Anthony Wooles has increased his interest in the company by buying 10 million shares valued at $3.3 million through a placement to director and allotment of shortfall

Appointments

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Brand New Vintage Ltd Frank Kraps has been appointed non-executive director. Hodges Resources Ltd Lisa Wynne has been appointed company secretary following the resignation of Bryan Dixon.

Barnett tilts at Liberal leadership

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COLIN Barnett has raised his hand for another tilt at the Liberal Party leadership but first has to find an electorate, after Deidre Willmott said she wanted to continue as the endorsed candidate f

Watsonia site faces rezoning

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LAST week's decision by smallgoods manufacturer Don KRC to close its Spearwood operations next year has paved the way for a redevelopment of the site and about 60 surrounding properties.

Walker new Indigenous Affairs head

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AUSTRALIA'S petrol commissioner Pat Walker has resigned for personal reasons and is returning to Perth, less than four months after taking up the new post.

Dieter new Amadeus president

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Amadeus Energy Ltd has announced the appointment of Betty Dieter as president of its US subsidiary, Amadeus Petroleum Inc.