Staff reporter

City extends heritage rate relief scheme

The City of Perth has extended its rates relief program for owners of buildings listed in its register of cultural and heritage significance.

Fisheries gain $14.5m for sustainability research

Fisheries Minister Norman Moore has committed $14.5 million over the next four years to seek sustainability certification for the state’s commercial fisheries.

Willie Creek Pearls to open at PCEC

The Perth Convention and Exhibition Centre has signed Willie Creek Pearls as its cornerstone tenant for a boutique retail precinct within the centre.

Sandfire signs Qube for DeGrussa haulage

Qube Logistics' purchase of Bunbury company Giacci Holdings has started to pay dividends, after it won the haulage and port services contract for Sandfire Resources' De Grussa copper-gold project, in

CCI predicts economic strength to continue

Western Australia’s key industry group has predicted further strengthening in the Western Australian economy over 2012, after a sustained period of patchy conditions and global economic uncertainty.

ABB wins $100m power orders from Rio Tinto

Mining giant Rio Tinto has awarded contracts collectively worth around $100 million to global power and automation technology group ABB, to construct 17 power distribution substations to support Rio’s

Perth hotels become Australia's priciest

Perth hotels are now the most expensive in Australia, with average room rates rising 17 per cent to $184 per night in 2011, according to new research.

Retailers call for cut to Sunday penalty rates

The Australian Retailers Association has called for Sunday penalty rates to be halved to reflect the demands of the modern retail environment.

Viento flags entrance to mining services

Perth-based funds manager Viento Group says it is aiming to enter the mining services industry, after committing to buy “significant items of equipment” to bolster its hire fleet.

RDG wins $35 million gold mill deal

Perth-based Resource Development Group has won a $35 million contract to design and construct a processing plant for Silver Lake Resources’ Murchison gold project in Western Australia.

Kalgoorlie Mining to raise up to $8.5m

Kalgoorlie Mining Company has announced a plan to raise up to $8.5 million to stabilise its financial position and reduce debts.

GCo wins $8.5m Karara contract

Geraldton-based GCo Electrical has won an $8.5 million electrical and instrumentation contract for works at Geraldton Port for Karara Mining.

Farrell wins top prize at CME women awards

Rio Tinto Iron Ore executive Joanne Farrell has been named the Women in Resources Champion for 2012 by Western Australia’s Chamber of Minerals and Energy.

Woods Bagot unveils Perth Airport design

Global architecture firm Woods Bagot has unveiled its design for Perth Airport’s new $515 million international and domestic terminals.

FMG swipes back at Swan

Fortescue Metals Group has hit back at Treasurer Wayne Swan, calling his attack on company founder Andrew Forrest “extreme”, “irrational” and “very disappointing”.

Tony Sage joins Chameleon board

Cape Lambert Resources will become the major shareholder in Chameleon Mining after announcing an agreement to take its stake to 14.94 per cent.

Leighton signs Rio framework

Leighton Contractors is the latest firm to sign a framework agreement with Rio Tinto, as the mining giant pushes towards its target of exporting 353 million tonnes of iron ore per year by 2015.

Entrust moves to $1bn with Finovia deal

Entrust Private Wealth Management has announced a merger with Finovia, a Melbourne-based funds manager backed by the private investment arm of the Wyllie family.

Bob Carr to take foreign affairs

In a surprise turn of events, former New South Wales Premier Bob Carr will join the Senate and take the role of Foreign Minister in the wake of Kevin Rudd’s failed leadership challenge.

Talk of rebound for Perth property

Perth’s housing market is on the cusp of a comeback, with home values up nearly one per cent over the past three months despite a weak monthly result for February, new data says.

Perth investment fund best in Asia Pacific

Perth-based investment manager NWQ Capital Management has been ranked as the top fund in the Asia Pacific region and ninth globally for investment returns.

OTOC looking at divestment after profit

Just months after completing a reverse takeover of listed engineering consultancy Emerson Stewart Group, Ocean to Outback Contracting says it is planning to sell the consulting subsidiary and focus on

Aquila negotiates Washpool sale

Aquila Resources says it is in advanced negotiations with an Indian consortium regarding the sale of its Washpool coal project in Queensland but is yet to receive an acceptable offer.

Government approves Hancock/Rio rail plan

Gina Rinehart’s Hancock Prospecting and mining giant Rio Tinto have gained state government approval to build a 53 kilometre railway and 220 kilovolt powerline for the Hope Downs 4 iron ore mine in th

LandCorp signs partners for Perry Lakes, Kwinana

LandCorp has announced development partners for two urban redevelopment projects; the residential revamp of the Perry Lakes stadium in Floreat, and a former education department site close to the Kwin

Worley lifts profit but margins squeezed

Engineering company WorleyParsons' first-half profit is up 18 per cent due to growth in resources sectors in Australia, Canada, China and the United States.

Seven Group reports profit decline on media write-down

Seven Group Holdings has reported a steep decline in first-half net profit as a strong rise in earnings from its WesTrac equipment business was offset by a write down in the value of its stake in Seve

Southern Cross lodges profit lift

Southern Cross Electrical Engineering has reported a 78 per cent lift in revenue, on the back of continued success in Western Australia’s resources sector.

Matrix lodges loss on Henderson move

Matrix Composites and Engineering has reported a $2.4 million loss for the six months ended December 31, after moving its headquarters from Malaga to Henderson.

Peet reports falling profits in tough market

Residential developer Peet has experienced a 61 per cent dip in profit for the half-year ended December 31, illustrating the difficult conditions prevalent in the residential property market.

Ampella lines up $47m to boost coffers

Ampella Mining has raised $47 million to continue exploration and complete feasibility studies at its Burkina Faso gold projects.



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.