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Politics & the Economy

Goldman Sachs starts rebuilding Perth office

Stockbroking firm Goldman Sachs JB Were has started the process of rebuilding its Perth office by making four appointments, including the recruitment of Tait Farrow Azure co-founder Jason Farrow.

Exploration spending in WA up 39% in 2006-07: ABS

Spending on mineral and petroleum exploration in Western Australia rose by 39 per cent to $839.2 million in the 2006-2007 financial year, accounting for nearly half of the nation's total, according to the Australian Bureau of Statistics.

Men of the Trees wins 2007 WA Environment award

The Carbon Neutral program run by community organisation Men of the Trees has won the 2007 WA Environment award at a showcase honouring individuals, community groups and businesses who have shown outstanding achievement in protecting the environment.

Today's Business Headlines

BHP threatens tougher tactics; Ausdrill pitches for a slice of WA action; Call to jail share rigging pair; Arc directors given cautious backing; Rudd flags fast paced reform push.

Round 5: Returning Sledgehammers in View from the Arch

WA politics reclaimed the spotlight this week as Upper House MP Shelley Archer quit the ALP. Meanwhile both federal parties launched their campaigns, Foreign Affairs spokesmen were in furious agreement and our expats started voting.

Atlas commits $15m to Port Hedland port, signs Chalice deal

West Perth-based iron ore explorer Atlas Iron Ltd will pay $15 million in port facilities charges to the Port Hedland Port Authority as an up-front contribution for the planned $225 million upgrade of the Utah Point public access facility.

Natural Fuels with new directors, strategy

Subiaco-based Natural Fuel Ltd has appointed three new directors and implemented an asset optimisation strategy over its Singapore plant, seeking to secure interim revenues while unfavourable market conditions remain, the company has announced.

Patersons recruits Alinta corporate finance team

Australian stockbroker Patersons Securities Limited has announced that Rod Evans, Shaun Duffy and David De Loub have joined the firm to head up the newly created Patersons Capital Partners.

Rio's Mesa A project gets conditional approval

State Environment Minister David Templeman has toughened some of the conditions of Robe River Mining Company Ltd's planned development of mine pits at its Mesa A and Warramboo sites in the Pilbara.

Election: ALP commits $60m to Esperance port access upgrade

The Federal Labor Party will fund a third of an estimated $180 million upgrade to road and rail networks in Esperance to improve access to the port, Opposition Transport spokesman Martin Ferguson announced today.

State to allow super access for over 55s in public service

The State Government has flagged plans to allow public sector workers aged over 55 to access their superannuation entitlements while continuing to work, in an effort to retain experienced employees.

State to introduce recycling scheme for producers

The State Government will introduce a bill establishing Extended Producer Responsibility Schemes, where producers of consumer goods could be required to establish recycling programs for those goods, Environment Minister David Templeman has announced.

Mission Biofuels subsidiary increases stake in Indian JV

Perth-based biodiesel producer Mission Biofuels Ltd, which acquired a 20 per cent stake in its Indian subsidiary on Monday, has increased its holding in the company to 97.6 per cent, after the minority partner chose not to participate in a rights issue.

Libs to win election: Coffee bean poll

Prime Minister John Howard and his Liberal Party hold a commanding lead over Kevin Rudd and the Labor Party in a poll that has successfully predicted the outcome of the Federal Election since 1996 - Miss Maud's Coffee Bean Poll.

Today's Business Headlines

ASX probes trading as BHP raises pitch; Burke links claim another scalp; Rudd's smart nation drive; Wild Child eyes $40m raising, targets listing; ConsMin suitor leaves way opoen for bid to trump rival.

Rates exemptions for charities to be scrutinised: WALGA

Some charitable organisations in Western Australia could be forced to pay rates to Local Governments after the Supreme Court overturned a rates exemption decision by the State Administrative Tribunal.

Today's Business Headlines

Burke faces threat of charges; Stand-off over merger bid; 'Deeper, darker scarier' warning unnerves investors; Steven Goh back with Bell tilt at online trades; PM banks on budget revenue surge.

Money talks in WA: Hudson survey

Western Australia is the only state in Australia where financial incentives overshadow flexible work options with almost 75% of employers highlighting financial rewards as the key staff engagement tool, according to the latest Hudson Report released today

Sector not spared the effects of people, skills shortages

Skills shortages may have beset the corporate sector in Western Australia for several years, but not-for-profit organisations, some argue, have had to cope with added pressures.

BHP releases details of Rio proposal

MINING giant BHP Billiton Ltd believes a merger with Rio Tinto Ltd would accelerate the development of the Pilbara iron ore industry.

Suburban centres pay their own way

With Western Australia’s growing population and economy, retail investors and developers are looking at the state’s neighbourhood shopping centres in a new light.

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