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Regulation

Five-year ban for Perth adviser

The corporate watchdog has banned Perth-based financial adviser Philip Leake from providing financial services for the next five years after he was found to have given poor advice to a number of clients.

Woolworths pulls out of local liquor association

Woolworths’ liquor arm has resigned from the Liquor Stores Association of Western Australia, following the association's support for state government plans to restrict the growth of large liquor stores, such as Dan Murphy's and First Choice.

WA boss sold assets to pay staff

The director of a Perth security company has been acknowledged for selling personal assets to provide back pay for staff who were underpaid more than $200,000.

Liquor reforms drive change for tourism

State government agency Tourism WA will have greater input into decisions on liquor licence applications, after Premier Mark McGowan today announced a series of regulatory reforms and red tape cuts.

Online trade shifts hours debate

As part of the 25-year Business News anniversary, we take a look at how the retail trade debate has changed.

Government backs EPA on Mandogalup

The state government has endorsed findings by the Environmental Protection Authority that will allow for urban development on a portion of land near an Alcoa waste dump in Perth’s southern suburbs.

WA scam victims could be refunded

Thousands of Western Australian scam victims could be refunded millions of dollars after US legal authorities issued Western Union a $US586 million ($750 million) penalty for aiding fraud over a 13-year period.

Big banks under pressure

Australia’s major banks are under mounting pressure today, with a draft report from the Productivity Commission raising doubts about competition levels as regulators apply more scrutiny to three of the 'big four'.

Wyatt opens up Pilbara electricity market

The state government has opened up the Pilbara electricity market to greater competition after privately-owned Alinta Energy applied last year to gain access to state-owned Horizon Power’s network.

Supreme Court doubles trucking fines

The Supreme Court of Western Australia has more than doubled the penalty handed down to South Australian trucking company Cleveland Freightlines following an appeal by WorkSafe.

IR pressure builds on franchises

SPECIAL REPORT: Franchises are being increasingly squeezed by employment law changes, but recent reforms to competition law provided a few wins for the sector.

McCullagh to lead common MRA-LandCorp boards

The state government has announced a new board to run the Metropolitan Redevelopment Authority and LandCorp in the lead up to their planned merger, with just one board member from the MRA continuing on the new body.

Dawson approves Sinosteel, rejects MinRes

The state government has today approved Sinosteel Midwest Corporation’s iron ore expansion project east of Geraldton, while simultaneously rejecting Mineral Resource’s planned iron ore mines in the Helena-Aurora Range, after the environmental watchdog had recommended both should be blocked.

WA joins national disability scheme

The state government has announced its decision to join the National Disability Insurance Scheme (NDIS), replacing the agreement signed in January by the Barnett government for a locally administered NDIS.

Halom takes MMA to panel

Halom Investments has asked the Takeovers Panel to revise MMA Offshore’s planned $97 million capital raising, claiming the deal is designed to entrench the control held by the incumbent board.

$30m in contracts awarded for port development

Contracts totaling $30 million have been awarded to Austral Construction and marine solutions business TAMS Group to replace ageing channel markers offshore and within the port of Port Hedland.

Former Perth stockbroker sentenced

Former stockbroker Lewis Fellowes has been sentenced to three years’ imprisonment after pleading guilty to three dishonesty charges, but has been spared prison time after entering into a $30,000, five-year good behaviour bond.

Sheffield’s Thunderbird gets EPA tick

The Environmental Protection Authority has recommended approval of Sheffield Resources’ Thunderbird mineral sands project in the Kimberley, subject to a number of strict conditions.

Puma plan in limbo

The group planning a 24-hour Puma Energy project in Dunsborough will lodge an application next week to strike out an appeal by the State Solicitor’s Office against the recent approval of the development.

Dunsborough Puma planning stoush persists

The two-year saga over a proposed 24-hour Puma fuel station in Dunsborough has taken a new turn, with the Southern Joint Development Assessment Panel lodging an appeal in the Supreme Court against the State Administrative Tribunal’s ruling in favour of the development.

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