Politics & the Economy

Industry says it will work with Labor

Industry bodies have stated they will work with the new Labor government headed by Kevin Rudd, including the Master Builders Association.  Below are a statements from various industry groups

Wedlock to chair Golden West Resources

Fresh from its rejection of a takeover bid from Fairstar Resources Ltd, Osborne Park-based Golden West Resources Ltd has appointed former Portman Mining managing director Geoff Wedlock as chairman, following John Daniels' retirement.

Liberals on top with 42% in Miss Maud's latest bean poll

Western Australia's flat white, long black, latte and hot chocolate set have maintained their strong support for the Liberal Party, delivering an espresso shot in the arm for the government the day before the election.

Scook sentenced to 3 years

Perth entrepreneur Dean Scook has been sentenced to three years in prison after being convicted in the District Court over a market deception scheme involving shares in a junior explorer in 1998.

State committed to local road funding: MacTiernan

Planning and Infrastructure Minister Alannah MacTiernan has responded to criticism of State government funding for local raods, saying state budget allocations have grown by an average of 16 per cent each year since 2004-05.

Heron, CVRD approve $13.8m prefeasibility study budget

West Perth-based Heron Resources Ltd and Brazilian giant CVRD Inco have approved a budget of $13.8 million for the first half of the prefeasibility study into the Kalgoorlie nickel project.

GMA Garnet stands out at Australian Export Awards

GMA Garnet Pty Ltd stood out last night at Austrade's Australian export awards by taking the first price in the Minerals Council of Australia's Minerals and Energy category.

Today's Business Headlines

The time is ripe to change leaders: nation's newspapers; Oz Brewing turns to sheds as ale fizzles; Kloppers calms Chinese merger fears; Howarth attacks State over North-West housing shortage; Commonwealth Bank to lift home rates regardless of poll result

Repcol restructures board ahead of asset sale

Subiaco-based debt collection agency Repcol Ltd has appointed company secretary George Wilson as its managing director ahead of Monday's general meeting, in which the company plans to sell its major assets.

Port Bouvard secures Mandurah's approval for Canal project

Como-based property developer Port Bouvard Ltd has secured approval from the City of Mandurah for its planned Eastport Stage 5 development, realising the last stage of canals subdivision at the Port Bouvard Canal Estate in Mandurah.

State appoints marine biologist to Esperance Port Authority

The State Government has appointed marine biologist Phil Chalmer to the board of the Esperance Port Authority, bringing additional environmental experience to the board.

Today's Business Headlines

Chemicals tycoon attacks short-term mindset; Wheat not main game for AWB; Power prices spark fears for Alcoa plan; ANZ director defends consultancy payments to Visy whistleblower; Olea sells off olive assets in $18m deal.

Solco appoints new CEO, adds Ian Campbell to board

Welshpool-based sustainable water and power company Solco Ltd has appointed Alex Lamond as CEO and two new directors, including former federal minister Ian Campbell.

ARK Fund to retire NAB debt through $20.4m rights issue

South Perth-based agricultural investment company the ARK Fund Ltd will retire debt owed to the National Australia Bank through a $20.4 million placement, the company has announced.

State names Cedar Woods, St Ives, Hale for home developments

The State Government has named Alcock Brown Neaves Group subsidiary Hale Investments Pty Ltd and a Cedar Woods/St Ives consortium as preferred partners for residential developments at the Kwinana Education Complex and Carine TAFE campus.

Trade opportunities

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

Regions' skills spread uneven

Businesses in regional Western Australia are facing skills shortages like their counterparts in Perth yet not all sectors are being affected, according to a recent study by the University of Western Australia’s Institute for Regional Development.

Hong Kong – the trade and investment capital of Asia

The Hong Kong Trade Development Council and the Hong Kong Economic and Trade Office are jointly hosting a seminar and cocktail function focusing on Hong Kong as Asia’s trade and investment capital.

Figures don’t lie on value for money

Two Western Australian chief executives stand out in our fifth annual salary survey, which also found a big increase in the number of million-dollar packages.

Scaffidi promotes advertising levy

Perth Lord Mayor Lisa Scaffidi has called for the introduction of a new retail investment scheme next year, with retailers in a defined ‘business investment district’ of Perth city to be charged a compulsory levy for promotional events and advertising cam

Biotech precinct planned

Murdoch University is finalising plans for a new multi-million dollar biotechnology precinct that will open up its campus to industry and government tenants, and provide access to the proposed Fiona Stanley hospital.