Lessons learnt from the Asian financial crisis are now cushioning the region from the continuing global fallout overnight from the United States equities quagmire, according to one of South East Asia's most prominent business commentators.
GRD Minproc, a subsidiary of GRD Ltd, has secured the engineering contract for the $5.2 billion Sino iron ore project in Western Australia, currently being developed by Citic Pacific Mining.
United Credit Union's merger with Adelaide-based credit union Community CPS Australia will come into effect at the start of November following shareholder approval.
Australian stocks suffered at the opening of trading on the Australian Securities Exchange, after the US House of Representatives rejected the $US700 billion rescue package.
Metals dive as recession fears defy Wall St bailout; Banks warned on loan exposure; Centro gets reprieve; Garnaut has bush answer to climate; Hardie 'misleading' on compo
Subiaco-based seafood processor Sam's Seafood Holdings Ltd has branched out into the coal sector after agreeing to acquire a company that holds a majority interest in an Indonesian coal project.
Moly Mines Ltd has executed full financing documentation for the provision of a $US150 million interim debt financing facility with various funds associated with the Trust Company of the West.
Wesfarmers Ltd has unveiled a new remuneration package for managing director Richard Goyder in a step to better reflect the increased responsibilities stemming from the Coles acquisition.
Gold miner St Barbara Ltd has signed a $20 million agreement with lender GE Commercial Finance to fund ongoing development at its Gwalia mine in Western Australia.
An injunction preventing Cape Lambert Iron Ore Ltd from acquiring a stake in an African iron ore project has been dropped following mediation talks with a disgruntled shareholder.
Found: Firepower chief in London, denies hiding; Double gas trouble as Inpex quits WA and oil tax is passed; Monetary shot 'a necessity'; Rio faces strike as train drivers fire up test case; Timber firms plan writs over Varanus gas crisis
Emerging Perth-based base metals company Bass Metals Ltd has confirmed a maiden $1.78 million net profit for fiscal 2008 financial, underpinned by strong high-grade production from the Que River operation in Tasmania.
The tax on condensate passed the Senate today, despite fierce opposition from WA Senators who compared the bill to a 'drive-by shooting' on Western Australians.
Treasurer Troy Buswell has announed the newly elected government will need to reign in excessive spending growth, inherited from the previous Labor government, following the release of the Annual Report on State Finances (ARSF) this afternoon.
The Australian dollar finished marginally firmer today after US President George W Bush's comments the US economy was "in danger" sparked a US currency sell-off.
Bentley-based waste recycling company AnaeCo Ltd has won its second major contract after being commissioned by a regional council in Victoria to process their mixed and green waste.
Vulcan Resources Ltd, a base and precious metals development and exploration company working in Finland, has become the latest in a string of companies to feel the pinch thanks to the financial crisis affecting markets around the globe.
Private Chinese company Shagang International Holdings will emerge with a 45 per cent stake in Grange Resources Ltd as a result of a merger deal announced today between Grange and Australian Bulk Minerals.
State hit by $731m blowout: Buswell; 'Morale' cash quietens builders; Only 'faint glimmer' WA will retain Inpex gas project, says Barnett; Strike move sees NW union revival; Turbulence forces Qantas to delay $2bn float
DESPITE tightening global credit markets, property analysts remain optimistic that the residential sector in Western Australia is headed for a growth phase in the near future.
CHIDLOW-BASED property developer Greenedge Projects Pty Ltd is seeking to raise $12 million through an ASX-listing for its sustainable development vehicle, Greenedge Ethical Investments Ltd.
WESTERN Australia's long-term outlook remains bright, despite the upheaval on global financial markets, with labour shortages continuing to be one of the biggest challenges.
THERE are many things likely to change following the recent state election, not just as a result of a new government but also due to the circumstances in which it took power.
