Roger Cook says the funding will deliver certainty, but critics say its an admission of failure and rubber stamps the closure of Griffin Coal and Bluewaters power station in 2026.
Perth engineering services consultancy Nihar's 70-strong team will join Deloitte Australia adding to the ‘big four' firm's half a dozen acquisitions in the past decade.
A federal court judge has been left baffled over the limited information from the liquidators of Michael Dunjey's company assets, allegedly valued in the millions of dollars.
The state government has moved on progressing its proposed Advanced Manufacturing and Technology Hub in the South West after engaging Deloitte to undertake a feasibility study.
Consulting giant PwC has been suspended from two WA government procurement panels as fallout from its tax advice scandal continues but competitors KPMG and Deloitte face no such problems.
Perth corporate adviser Maurice Argento has sold his boutique consulting firm to Deloitte, marking the second time he has sold his business to one of the ‘big four'.
The Federal Court has unveiled its judgment against Michael Dunjey that found his company Ascent having liabilities of $117 million and likely to have operated a Ponzi scheme.
PwC is under attack on multiple fronts with the federal government ordering consultants to stand down and tightening procurement rules after police launched a criminal probe.
Perth's largest accounting firm has selected Tim Richards to succeed Michael McNulty, who has overseen rapid growth during his 10 years as office managing partner.
Further rate hikes still loom despite the RBA giving borrowers relief today following 10 consecutive rises, but Australia's banks are "strong" in the face of global headwinds.
South Africa's Murray & Roberts is poised to regain control of Perth-based RUC Cementation Mining Contractors while selling its majority stake in another local firm, Insig Technologies.
Clough's new owner Webuild is set to take on more of the collapsed Perth engineer's projects for $35.9 million, including the $750 million Waitsia gas development.
Italy's Webuild has completed negotiations to acquire a number of additional Clough projects but has declined to specify which projects will be covered.
Australian business leaders have increased their investments in sustainability ahead of potential tighter climate change targets, a Deloitte report reveals.
Zenith Insurance Services, Dardanup Butchering Co, Austral Pool Solutions, Omni Dental and Forpark Australia were among numerous private WA companies to change hands late last year.
The state government is looking to partner or support venture capital firms to boost funding opportunities for start-up companies and scale-ups within businesses.
UPDATED: France's Altrad Services has become one of the largest maintenance and construction contractors in WA after buying Perth-based AGC from its debt-laden parent AusGroup.
Administrators have granted Clough's proposed new owner Webuild an extension to pin down a final agreement for the sale, allowing more time to negotiate and potentially take on more projects.
Revealed: New numbers offer the clearest picture yet inside Griffin Coal's finances, with liquidators suspecting the miner may have been insolvent for two years before its September collapse.
UPDATE: Administrators for Clough have found a new buyer in Webuild, the company that pulled out of a lifeline deal to save the Perth engineer just over a week ago.
Clough's administrators say they have fielded “multiple enquiries” from interested suitors after securing short-term funding to pay workers on projects caught up in the Perth engineer's collapse.
Italy's Webuild has backed out of a conditional deal to buy struggling engineer Clough, plunging the 102-year old Perth-based company into administration.
AusGroup's Australian businesses will likely be sold after the contractor's Singaporean parent entered restructuring, but the company has promised no disruption to local operations.
More than $100 million is believed to be owed by ASX-delisted Vietnam Industrial Investments, as the Perth business which had previously boasted high profile directors is sent into liquidation.
Cor Cordis has been appointed as liquidator of Griffin Coal, joining receivers Deloitte, with the power to potentially cancel a supply deal with Bluewaters.
