Staff reporter

Home sales jump sign of housing recovery: HIA

Sales of new homes rose significantly in Western Australia over February, a further sign pointing to a recovery in the sector, the Housing Industry Association says.

Mindax plunges as rift continues

Mindax shares plunged on the ASX today after the company appointed  a new non-executive director ahead of a shareholder vote regarding the future of the company’s $115 million tie-up with Japan’s Sumi

Wyatt claims nib Stadium deal a dud

Opposition Treasury spokesperson Ben Wyatt has savaged the state government’s handling of the $95 million upgrade of nib Stadium, saying Western Australians will receive “next to nothing” in return fo

State drops Varanus prosecution

Mines minister Norman Moore said today he is “extraordinarily frustrated” after the state government withdrew its prosecution against US petroleum company Apache and its joint venture partners over th

Empired boosts coffers with $3.6m placement

Western Australian IT services firm Empired has completed a $3.6 million placement to fund its growth strategy and provide additional working capital.

Acquisitive BC Iron strengthens management

BC Iron has beefed up its senior management team to seek out new opportunities and project acquisitions, adding former Barrick Gold manager Peter Powell to drive business development.

Phoenix to purchase West Kalgoorlie from Carrick

Phoenix Gold has announced it will acquire Carrick Gold’s West Kalgoorlie gold tenements in a cash and scrip deal worth just over $700,000.

Brazilian Metals acquires new project

Perth-based miner Brazilian Metals Group has acquired the Carrapato iron deposit in Brazil’s Minas Gerais state in a deal worth $US38 million.

Brickworks closes third WA plant

Australia’s largest brick and tile maker, Brickworks, has announced a scaling back of its Western Australian operations in response to weak demand and a drop in profits.

Freo says it's easy being green

The City of Fremantle has launched a new initiative to increase environmental sustainability in the port city; encouraging residents and businesses to construct vertical and rooftop gardens.

Zeta launches $8m IPO

Perth-based oil and gas explorer Zeta Petroleum has launched an $8 million IPO to fund the appraisal and development of its Romanian oil and gas assets.

Caution to test retail and housing markets: CCI

Consumers in Western Australia remain cautious, focusing more on saving and paying off debt rather than purchasing, a survey released today says.

Kentz grows Australian earnings by 26 per cent

UK-based engineering group Kentz says it lodged a 26 per cent increase in revenue across its Australasian operations for the year ended December 31, driven by increased activity in Western Australia.

KFC franchise dispute goes to mediation

A courtroom showdown between Jack Cowin and the global owner of the KFC fast food franchise has been averted after both sides agreed to mediation.

New service launched to resolve business disputes

The state government has launched a new dispute resolution service for small business, following the appointment of Small Business Commissioner David Eaton.

WA winners at national real estate awards

Three Western Australian real estate companies were honoured at the Real Estate Institute of Australia’s national awards last night.

State puts $5m towards Goldfields freight plan

The state government has allocated $5 million to begin planning for a central freight distribution hub in the Goldfields.

ABBC abolition green light for lawlessness: HIA

The Housing Industry Association says 'lawlessness' is set to return to building sites after the Senate passed a bill to abolish Australia’s peak building industry watchdog last night.

Mining sector up in arms over diesel rebate

The mining industry has lashed out at suggestions the federal government is considering a cut to the diesel fuel tax rebate to prop up its budget, saying a further reduction was the equivalent of intr

Woolworths opens $31m Bunbury centre

Supermarket group Woolworths has officially opened its meat processing centre in Bunbury, which cost $31 million to upgrade and will employ 70 workers.

RAC starts search for ad partner

The RAC is on the lookout for a new marketing partner, launching a formal tender process to fill its creative advertising account.

Rio discloses tax details

One day after the federal government’s minerals resource rent tax passed the Senate, mining giant Rio Tinto has disclosed that its total tax payments jumped 38 per cent to US$10.2 billion last financi

Muzz Buzz extends Wildcats dance team deal

The Perth Wildcats have signed up Muzz Buzz as its dance team sponsor for the next two seasons.

Mundella's yoghurt wins national prize

Mundijong-based Mundella Foods was the only local dairy to be honoured at the Australian Grand Dairy Awards held in Melbourne last week.

BHP, Rio differ on iron ore outlook

BHP Billiton says growth in Chinese demand for iron ore appears to be flattening out but fellow mining giant Rio Tinto is expecting Chinese demand to outstrip supply over the next seven years.

RCR awarded $20m dairy contract

Perth-based engineering firm RCR Tomlinson has won a $20 million deal to construct a process steam boiler plant for New Zealand dairy giant Fonterra.

Merged broker becomes Octa Phillip

Stockbroking firm Intersuisse has unveiled its new brand following the acquisition of Austock Securities, and it has opted for a name that won’t easily be forgotten.

AusGroup wins $160m Karara contract

AusGroup subsidiary AGC Industries has extended its relationship with Gindalbie Metals, announcing its preferred supplier status had resulted in a $160 million structural and mechanical and piping con

US Navy orders more ships from Austal

The United States Navy has exercised options to order an additional two Littoral Combat Ships from Western Australia-based shipbuilder Austal.

John Holland to upgrade Esperance Port access

John Holland has been appointed by the state government to carry out $120 million in road and rail works to upgrade access to Esperance Port.

Mine tax set to pass Senate

Prime Minister Julia Gillard's mining tax looks set to pass the Senate tonight, after the Australian Greens signalled they would vote for the legislation even though their preferred amendments have be



Morning Headlines

Union settles with BGC over case of the concrete pour

State govt starts legal action against Uber

Legal action is being taken against ride-share company Uber for not having the appropriate licence to operate in Western Australia.

Vale Shane Gherbaz

Former stockbroker and the founding managing director of Euroz, Shane Gherbaz, has passed away after a battle with illness.

Brierty bags $300m contract

Brierty and three Aboriginal contracting firms have won a $300 million contract with Rio Tinto to complete mining and civil works on a project in the Pilbara.

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State govt starts legal action against Uber

Legal action is being taken against ride-share company Uber for not having the appropriate licence to operate in Western Australia.

Rinehart comments an 'insult': Swan

Treasurer Wayne Swan has slammed mining magnate Gina Rinehart for insulting Australian workers after she called for a cut to the minimum wage and accused people of being jealous of the wealthy.

Rayney sad his wife's killer is still free

Acquitted murder suspect Lloyd Rayney has spoken of his sadness that his wife's killer is still at large, rather than the relief he feels at being cleared of killing her himself.

Leighton/Georgiou consortium wins Gateway works

A consortium led by Leighton Contractors and Georgiou Group has been chosen by the state government to deliver its $1 billion-plus Gateway WA project.