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Regulation

Professionals weigh in on listing rule changes

Fifteen local broking, legal and advisory firms have teamed up to put forward their concerns with the ASX’s proposed changes to its listing requirements, and to advocate three particular amendments.

Protests, lobbying prompt land buffer review

State Development Minister Bill Marmion has told protestors outside parliament that the environmental watchdog would review the government’s plan to extend the buffer zone around the Kwinana industrial area.

Scoping study results boost Caravel shares

Caravel Minerals believes its Calingiri copper mine is set to be an outstanding project, based on a detailed scoping study that it believes is a best-case example of what listed companies need to prepare in order to meet current disclosure rules.

Western Power closer to national regulation

Legislation to enable regulation of Western Power to transition from WA's Economic Regulation Authority to the independent national energy regulator has been introduced to state parliament.

Govt IT management lagging: Murphy

Auditor general Colin Murphy has expressed disappointment with what he claims is the failure by many state government agencies to appropriately manage their IT systems.

Leasing startups share a ride with Uber

New businesses are gearing up to supply drivers in the state’s ridesharing industry, with legalisation of services such as Uber due to start on July 1.

WA households still power hungry

New technology is leading to a dramatic reduction in per capita power use around Australia, a new report has found, but WA has bucked the trend, as the only state where residential energy consumption is expected to increase over the coming decade.

Ardrey loses cash bid

Convicted fraudster William Ardrey has been released on bail, 13 months after being sentenced to a four-year jail term, but has lost a bid to gain control of cash from the sale of a New York apartment.

200 junior miners fail new listing rules

More than 200 junior mining and exploration companies would fail to meet new listing requirements the Australian Securities Exchange plans to introduce later this year, a study has found.

New training framework for high-risk workers

The Chamber of Minerals and Energy of Western Australia has partnered with some of the state’s biggest resources players to launch a pilot training framework to improve safety in the workplace.

Review finds questionable mine studies

The majority of scoping studies presented by exploration companies to the ASX are of questionable quality, a new analysis has found, as industry players debate potential solutions to the controversy o

Website bans to boost productivity

Blocking employee access to social media and streaming content websites is a common method small and medium-sized businesses are using to improve productivity in the workplace.

Miners hit by disclosure rules

A new report has found listed exploration companies are focused increasingly on preserving their cash, as the sector grapples with regulatory rulings by the ASX and ASIC.

Watchdog holds up another backdoor listing

Pacific Ore has become the latest backdoor listing hopeful to be held up by the corporate watchdog, though several other companies have moved forward with their reverse takeovers.

Asic bans former HSBC financial planner

The corporate watchdog has permanently banned former Perth-based financial planner Simson Kwok from the industry for intentionally mishandling more than $4 million of clients’ funds while working for HSBC.

Risky findings in training standards audit

An audit of registered training organisations specialising in high-risk work licences has found an alarmingly high level of non-compliance with regulatory standards.

Trial for new power bills

Horizon Power will trial a new method of charging residents and businesses in Port Hedland for electricity, with the aim of giving customers more control over their power usage.

Red tape cuts for restaurants

The state government hopes to reduce the time required to secure approvals for starting a restaurant by up to three months through a $1.6 million ‘flying squad’ initiative.

Citation takes Landau to court

Oil and gas company Citation Resources has launched proceedings in the Federal Court against its former chairman Peter Landau after an investigation revealed issues concerning $2 million worth of transactions.

EPA policies to be overhauled

An independent panel formed to review the environmental watchdog's policies and guidelines development has recommended its policy framework be updated and simplified.

Serious breaches by Scaffidi: report

Perth Lord Mayor Lisa Scaffidi could face proceedings in the State Administrative Tribunal after a report tabled in parliament alleged that she failed to declare travel and gifts up to 45 times over seven years.

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