UBS has recruited a former Morgan Stanley senior vice president to join its Perth wealth management team as the bank looks to grow its presence among WA's affluent clients.
Global investment bank Morgan Stanley has pulled its permanent wealth management presence in Perth after four advisers defected to rival firm Canaccord Genuity Australia.
The corporate watchdog has appointed Morgan Stanley Wealth Management Australia to sell more than two million disputed shares in Perth-based media firm The Market Herald.
Global Infrastructure Partners will join Woodside Petroleum's $US5.6 billion Pluto LNG expansion, having struck a deal to acquire a 49 per cent stake in the project.
Shares in Mineral Resources fell sharply this morning after the iron ore miner revealed its realised selling price was less than half the benchmark price.
WA's Ascot Capital has offloaded most of its industrial property assets, with a recent $681 million deal with Sydney's GPT Group bringing its recent sales to $2.1 billion.
Tesla's remarkable 290 per cent share price rise over the past four months has been dismissed as speculative overkill, but even if that's true it is hard to ignore the pace at which its electric-powered cars are selling - and the amount of battery metals they're consuming.
Virgin Australia is expected to receive as many as eight non-binding indicative offers from potential buyers, which will be whittled down over the next few days to a shortlist of around three, its administrators said.
Virgin Australia's administrator has disclosed that at least 20 parties have expressed interest in buying the debt-laden airline, with reports today mining magnate Andrew Forrest is among the potential bidders.
What Christmas gave to Australian retailers, the bushfires are taking away, but there could be worse to come for shopkeepers and shopping centre owners when the latest international trends wash up here.
Evolution Mining has purchased a 19.9 per cent stake in Tribune Resources, which holds a major interest in the East Kundana project operated by Northern Star Resources.
The Australian Securities and Investments Commission has appointed Morgan Stanley Wealth Management to sell approximately 12 million ordinary shares in Tribune Resources.
The state government is aiming to decide the future of the TAB by the end of this year, following today's release of a Treasury paper warning that failure to sell the state's betting agency could create a major risk for the longevity of the local racing industry.
The value of Western Australia-related equity capital markets deals jumped to $4.2 billion in the March quarter, helped to a large degree by a handful of large transactions.Of the 140 March-quar
Morgan Stanley Wealth Management has been appointed by the corporate watchdog to sell a portion of shares in Sovereign Gold Company held by former Applabs Technologies directors which were found to have been acquired invalidly.
ANALYSIS: WA potash hopefuls may have the backing of some high-profile local mining entrepreneurs, but startup costs and a worldwide product glut are major barriers.
The resignation of Talisman Mining's managing director and the appointment of a new chief executive at Tiger Resources are among the recent board changes at four local junior miners.
Western Areas and Panoramic Resources have announced plans to raise a combined $80.7 million from investors to continue work at their respective nickel operations in Western Australia.
Education provider Navitas has posted a solid half-year result but expects earnings to remain in line with its FY15 result, with contract losses to affect the business over the next six months.
A long-running campaign to sell a 50 per cent stake in Exchange Tower is coming to a close, with property syndicator Primewest to pay $113.5 million for half of the CBD skyscraper.
Tipping the top or bottom of a market is never smart, especially at a time of volatile trading; but a series of recent events point to confidence growing in the start of a recovery in the Western Australian economy.
Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all-scrip deal valued at more than $11 billion.
Mining giant Rio Tinto appears to have put the kibosh on speculation it will anchor a major new commercial office tower at Elizabeth Quay, extending its lease at Central Park until 2030.
Qantas, the biggest ASX-listed company to make the top 100 using total shareholder returns as the yardstick, was also the biggest surprise, with the airline delivering an eye-catching one-year return for investors of 151 per cent.
To best understand what's gone wrong with Western Australia's iron ore industry you need to start by looking back 12 years, to 2003, when an ambitious Andrew Forrest created Fortescue Metals Group.
