The auditor general has found major flaws in the state government’s Buy Local policy, with concerns regarding data collection leaving agencies unsure if the policy is benefitting local businesses.
Shares in junior lithium explorers MetalsTech and Force Commodities have spiked after the companies announced funding and joint venture agreements, while European Lithium will tap investors to progress its lithium project in Austria.
The Australian economy expanded at a slower-than-expected rate in the three months to September, however WA’s domestic economy appears to be on the mend, growing 0.9 per cent for the quarter.
Technology companies Syntonic and Family Zone are planning to grow their respective international customer bases after announcing separate $5 million share placements today.
Shares in newly listed Parkd finished up 25 per cent today after the Perth-based company raised $6 million through a strongly supported initial public offering.
Fat cat cull
More than 100 highly-paid bureaucrats will be bundled out of their positions by the end of March as the State Government today begins a new wave of public sector reforms. The West
Perth-based security services provider Threat Protect has expanded its customer base on the east coast with the $2.4 million purchase of two NSW security monitoring businesses.
Western Australia's automotive industry has registered a second straight month of strong growth in new vehicle sales relative to 2016, with solid increases in purchases of light and heavy commercial vehicles in November.
Finders Resources has urged its shareholders to reject a takeover bid from Indonesian group Eastern Field Developments after independent expert Deloitte valued the copper miner well above the 23 cents offer price, despite Finders’ share price continuing to hover near that mark.
Decmil Group is well placed to secure a $275 million engineering contract for Chinese group Maoneng's 250-megawatt Sunraysia solar project in NSW, after signing a memorandum of understanding to complete early designs for the project.
Former high-flying Western Australian businessman Mark Povey and his wife, Catherine Paino-Povey, have been fined more than $500,000 for short-changing three overseas workers thousands of dollars in wages through the couple’s contract cleaning company.
AWE shares have tumbled after the Chinese state-owned energy corporation interested in buying the Australian oil and gas group withdrew its $430 million proposal, after it was unable to conduct a final due diligence review on the target.
A new accelerator program for startups in the agribusiness sector will get under way next year after securing funding from the state government’s Department of Primary Industries and Regional Development.
