Aussie dollar hammered as market prepares for another fall; Jobs to go as CBA swings the axe; Toymaker faces cash crunch, pair quit; US looks to fix ailing insurers; Funds call for guarantee
West Perth-based Automotive Holdings Group Ltd says it is working to replace its existing network of finance providers after major financier GMAC Finance Services withdrew from the local market due to the global credit squeeze.
The state's business lobby group is urging the federal government to come to Western Australia to discuss the impact of the global turmoil on local business and industry.
Heat on Rudd as billions are frozen; Treasurer approves Westpac merger; ANZ's profit slumps 23 per cent on bad loans; Clough faces 'please explain' on $23m coal loss; GMAC pull-out hits car dealers
Austal Ltd managing director Bob Browning said there are no plans for further staff cuts after the company laid off over 100 workers at its Henderson shipbuilding facility.
Treasurer Troy Buswell is considering an overhaul of the Department of Housing and Works after the agency revealed it will have a shortfall of $235 million this financial year.
Falling lead prices and costs associated with maintenance works at its suspended Wiluna operation in Western Australia have prompted miner Magellan Metals to lay off 18 people.
Premier Colin Barnett has today insisted that there is no disagreement with Nationals Leader Brendon Grylls over the royalties for regions policy, as the opposition steps up calls for more clarity on the funding program.
LABOUR market pressures remain high in the Western Australian economy, with the skills shortage continuing to hit hard and the wage price index running ahead of the rest of the country.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resources.
IT'S probably because State Scene, long ago, spent several months in the advertising industry that the ploys and proclivities of those in that sector continue to intrigue.
THE long-running debate over Australia's energy future heated up again this week, and it's likely to continue running as the economy goes through its ups and downs.
THE latest round of national research grants has highlighted the University of Western Australia's status as the state's premier research institution, though the grants also indicate that WA as a whole has not performed well.
THE state’s economy could yet feel the impact of the global financial crisis, which has already lifted the cost of borrowing and could make it increasingly difficult to access finance.
Chamber of Commerce and Industry and the Retail Traders Association of WA present: Business Warfare for small and medium business. Business, like warfare, is dynamic and challenging.
