Politics & the Economy

Coote buys Drivetrain Australia for $12.1m

Coote Industrial Ltd has continued its strategy of rapid expansion by acquisition, agreeing to purchase specialist engineering firm Drivetrain Australia for $12.1 million.

EPA backs Midwest Corp's rail transfer

Midwest Corporation Ltd's long-running battle to transfer its iron ore transport from road to rail has taken a step closer to resolution after the Environmental Protection Authority recommended that the project be approved.

Today's headlines

Prime Minister John Howard made pledges on climate change and Australian troops in Iraq in last night's debate, but most commentators picked Labor leader Kevin Rudd as the winner.

Round 1: The certainties of life in View from the Arch

Benjamin Franklin said there were only two certainties in life, death and taxes. Both were on the political agenda in the first week of the six-week federal election campaign, with the leaders of both major political parties in campaign mode.

Letter: Quickflix responds to video stores claims

Letter to the editor I was interested to read the views of the president of the Australian Video Rental Retailers Association,George Kafataris, regarding his views of the online DVD rental market

Scanalyse named WA Inventor of the Year

Technology Park-based Scanalyse Pty Ltd has won WA's Inventor of the Year award for its 3D laser scanning technology, MillMapper.

Marketech launches CFD trading platform

Perth-based niche financial services player Marketech Pty Ltd has launched a zero brokerage online trading platform for the Contracts for Difference Market, which is due to be launched next month by the Australian Securities Exchange.

Today's 7.30am headlines

Coles can do better than Woollies; Woodside forced to shut Otway; housing affordability record low; Carpenter makes critical reports of DoIR; Howards halves the gap with Labor.

ComputerCorp works with EDS on $7.2m consolidation program

Perth-based IT infrastructure services provider ComputerCorp Ltd has partnered with USA-based EDS Australia Ltd on the Federal Government's $7.2 million infrastructure consolidation program, the company has announced.

Fall in business support for Industry Department

The business sector's satisfaction with the Carpenter government's key industry policy agency has plummeted, according to data compiled by the Department of Industry and Resources.

Polaris signs MOU with Toll subsidiary

West Perth-based Polaris Metals NL will work with Toll Holdings Ltd's Singapore-based marine logistics arm, Sembawang Kimtrans Ltd, aiming to finalise haulage, port and ship loading service agreements for its Western Australian iron ore projects.

Public opinion sought on Freo harbours redevelopment plans

Planning and Infrastructure Minister Alannah MacTiernan has launched the next phase of public consultation on development proposals for boat harbours in the City of Fremantle, with three plans being drawn up by a Government-sponsored steering committee.

Midwest granted trucking extension to October 31

Planning and Infrastructure Minister Alannah MacTiernan has further extended the deadline on Midwest Corporation Ltd's trucking permit to October 31, as the company seeks to resolve impediments to the construction of the Tilley rail siding.

Today's 7.30am headlines

Australian wealth world's strongest; Briggs offload Westralian shares; Woolies blocked from buying Kmart; Bogolyubov reveals he will fund ConsMin takeover with spare cash; Investors demand overhaul of shareholder meeting voting system.

Video stores rebuff online DVD service claims

The Australian Video Rental Retailers Association has hit back at claims of a superior service offered by internet-ordered, post-delivered DVD rental services.

ALP proposes $9.8m for Mandurah, City wants more

A proposal by the Federal Opposition to invest $9.8 million on infrastructure projects in the Peel-Kwinana corridor has won praise from Mandurah Mayor Paddi Creevey, despite her belief that the proposal doesn't go far enough.

Laurance keeps SW sculpture

Laurance Cellar's controversial Margaret River sculpture, dubbed the "chick on a stick", will live on after the State Administrative Tribunal ruled against the Shire of Busselton by approving the artwork today.

Hawaiian gets nod to develop Vic Park townsite

Hawaiian and the Town of Victoria Park have signed a memorandum of understanding which will see a plan prepared for the redevelopment of the town's centre.

Australians' personal wealth soars

Wealth held by Australians in property, shares and other assets surged to record highs in the past quarter, according to figures released today by the Australian Bureau of Statistics and the Federal Treasury.

Caution the common sentiment with regard to political change

Several Perth entrepreneurs are nervous about the impact a change of federal government next month could have on the Australian economy in three to five years’ time.

Case study: Freedom finds synergies in Spain

Freedom Pools and Spas has come a long way since it started out as a water tank business in Narrogin in 1974.