Shares in Port Bouvard have jumped as much as 20 per cent today as the property developer cleared a major hurdle for the its proposed Point Grey development near Mandurah.
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Minerals testing company Essa Australia has dramatically revised down its second half revenue and profit outlook, and anticipates that its full-year result will be around breakeven.
The development timeline for Gindalbie Metals' $1.8 billion Karara iron ore joint venture has been pushed back after delays in gaining foreign investment and environmental approvals.
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Over 40 per cent of small businesses say they will employ fewer staff after the introduction of the Rudd government's Fair Work Bill on July 1, a Drake International survey has found.
Perth-based oil and gas explorer Buru Energy has unveiled a $41 million takeover bid by a company linked to its chairman, which has proposed to fund the offer out of Buru's cash reserves.
Engineering firm RCR Tomlinson has forecast a full-year fiscal 2009 net profit of up to $13 million as profit expectations are hit by delayed or cancelled projects.
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Balcatta-based Repcol has announced plans to invest nearly $20 million in mining services company Resource Equipment Rentals and sell its debt collection business for $350,000.
The state's supply of land for home development is expected to smooth out after the government said it will reintroduce a land tax concession in next month's state budget.
Property taxes remain one of the biggest revenue earners for government, with the state and local governments in Western Australia raking in more than $4 billion from property taxes last financial year.
The Federal Government has officially launched the Global Carbon Capture and Storage Institute today, with support from 85 bodies including 40 major companies.
China's GDP growth has slowed to its lowest rate in almost 10 years, growing 6.1 per cent in the year to March, in further bad news for Australia's economy.
POLISHING his crystal ball Briefcase believes that, after such a strong bear market rally on the local and global stock markets, some pullback is likely.