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Regulation

AMEC proposes new tax credit for explorers

A mining industry representative group says a new tax credit needs to be created for Australian miners to ensure the successful development of new mining operations.

ASIC relief gone to the dogs

The corporate regulator is looking at a proposal to relieve greyhound racing and breeding syndicates from Corporations Act provisions which may be too onerous for the small-scale nature of these inves

ASIC halts Swan Gold raising

Long-running attempts to revive Swan Gold Mining have hit a brick wall, with the company unable to complete a planned $15 million capital raising despite boasting a high-powered board of directors.

Record nod for bars in CBD despite concern

Liquor licence applications for central-Perth venues are being approved at a record rate despite continuing resistance from the police service and health department.

Major flaws in electricity market: ERA

Verve Energy has been paid full 'capacity credits' for power stations that are only available half the time, a report by the state government's economic regulator has found.

Brightwater plans for home stay

The ageing population brings both challenges and opportunities for Brightwater Care Group.

Department moves to clear up fraccing facts

The state petroleum industry regulator has lashed out at environmental activists campaigning against the shale gas industry, saying unreliable and inaccurate information could damage the sector's repu

Gray, Cowin welcome franchise review

An independent review of Australia's franchise sector has recommended substantial reforms, including strengthening the obligations of parties to act in good faith and a stronger enforcement regime.

Westpoint asset stripping case dropped

Australia’s corporate regulator has dropped an asset stripping charge levelled against property entrepreneur Norm Carey, after the discovery of new evidence two weeks into a District Court trial.

Scam warning as April fraud nears $1m

The consumer watchdog has put out a scam warning after nearly $1 million in investment fraud losses were reported to its ScamNet agency during the past month.

Perdaman, Lanco agree to settle $3.5bn case

Indian conglomerate Lanco Infratech will pay Perdaman Chemicals and Fertilisers $7.5 million plus legal costs as settlement for a long-running $3.5 billion legal battle that erupted after Lanco purcha

Citigroup's Hebbard takes fall for insider trading

Former Citigroup stockbroker Colin Hebbard will be sentenced in the Supreme Court of WA later this month after pleading guilty to insider trading allegations regarding biotechnology firm Vision System

ERA advocates builders insurance reform

The state’s economic regulator has recommended changes to Western Australia’s home indemnity insurance scheme that would see building industry associations become insurance providers.

Lead exports set to resume through Freo

The mining company formerly known as Magellan Metals has been cleared by the state environmental regulator to resume the export of lead carbonate from the Port of Fremantle, subject to a strict set of

Business urges new Cabinet to 'get to it quickly'

Business groups have urged the new Liberal-National Cabinet to quickly implement commitments made during the election campaign, particularly reducing red tape and tackling the rising cost of doing bus

Energy industry uproar over coal seam gas checks

Oil and gas industry groups say the federal government’s move to impose tougher environmental checks on coal seam gas and large coal mines is unnecessary, unwelcome and could contribute to rising ener

Junior miners ignored by Commonwealth: survey

Australian junior miners' growth ambitions are being stymied by a lack of federal government support, a new report says.

Hogan and Partners' Kur sentenced to jail

A Perth-based stockbroker has been sentenced to four years jail for defrauding clients out of more than $7.5 million.

Coffee couple loses Vic Park lease fight

A Perth couple with a struggling coffee franchise has learnt a tough business lesson after they took legal action that involved property developer Finbar Group, listed engineering company Monadelphous

Rio gets approval for mine and power plant

The state government has given the green light to Rio Tinto to go ahead with a planned $3 billion expansion of its iron ore mine and power generation infrastructure in the Pilbara.

$1.2bn Bluewaters power deal moves closer

The administrators of Griffin Energy Group have welcomed key state government regulatory moves designed to clear the way for the sale of Bluewaters power station to Japanese companies Sumitomo Corpora

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