The Chamber of Minerals and Energy of WA (CME) has welcomed the federal government’s plan to deliver new deregulation measures for Australian businesses, saying it could save Western Australian resources projects more than $23 million each year.
Cottesloe’s Napoleon Street is the best performing retail strip in Perth, according to new research by Ray White, with vacancy dropping from 6.9 per cent to zero in two years to September 2019, while Subiaco, Leederville and Mt Lawley have had big increases.
The widening of Mitchell Freeway near Joondalup and a train station at Lakelands are some of the new projects to be funded from a $940 million, four-year infrastructure stimulus package announced today.
HBF chief executive John Van Der Wielen said the costs of medical technology and an ageing population are driving up health insurance premiums, as debate intensifies over sector reforms and how to keep price rises in check.
The mining sector has welcomed an agreement signed by Geoscience Australia and the United States Geological Survey to collaborate on developing critical minerals assets, which include commodities such as lithium and rare earths.
Sipa Resources managing director Lynda Burnett has announced her resignation, after serving more than five years in the role, and will join the board at Regis Resources as an independent non-executive director.
Woodside Petroleum has laid out plans to triple its gas and oil reserve base which will come from more than $US36 billion worth of projects in Australia, Senegal and Myanmar over the next seven years.
Lithium miner Galaxy Resources said it would scale back operations at its Mt Cattlin mine in Ravensthorpe to help reduce costs until the electric vehicle market improves.
Perth-based IT services provider Empired said it would replace revenue lost this year with recently signed management services contracts, delivering $5 million in recurring annual revenue for the company.
Several former Navitas executives have banded together to form Camino Global Education, following Navitas’ $2.3 billion privatisation in June which saw ownership partially returned to founder Rod Jone
Rio Tinto said it will subscribe to $326 million rights shares of Energy Resources of Australia, which has been desperately seeking funds to close and rehabilitate the controversial Ranger uranium mine.