Mining-focused private equity firm Resource Capital Funds is seeking to privatise engineering and construction contractor Ausenco by way of a scheme of arrangement.
Calls are mounting for a Reserve Bank of Australia interest rate cut tomorrow despite new figures pointing to a very favourable business environment for Australian firms.
Medibank Private has hired Craig Drummond, an experienced banker who helped transform National Australia Bank, to run Australia's biggest private health provider.
Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.
Ardiden has appointed Bradley Boyle as executive director and Michael Stares as general manager – Canadian operations. Mr Boyle was formerly a managing director of Triton Minerals.
Tony Chong has been appointed as non-executive chairman of TV2U Worldwide. Mr Chong is a corporate and tax lawyer and also serves as the lead partner of Lavan Legal's corporate services group.
Australia's big four banks and one insurance company have been ranked within the top 100 most sustainable companies in the world, with Commonwealth Bank of Australia leading the charge for the nation.
Dick Smith, one of Australia's best known electronics retailers, has been put up for sale, with lenders taking charge of the troubled company after it failed to secure a funding injection.
Austal has won a $63 million contract to build two patrol boats for the Australian Department of Defence, with the terms of the deal signed with National Australia Bank including a buy-back clause.
NAB chief economist Alan Oster predicts the start of production at the swag of new LNG facilities under construction, and good performance in the services sector, will help Australia avoid a recession next year.
Wesfarmers chairman Michael Chaney has disagreed with Reserve Bank of Australia Governor Glenn Stevens' view that big companies have not reduced hurdle rates for investment decisions amid falling interest rates, in an address at this morning's Business News Success & Leadership breakfast.
More than 200,000 ANZ customers will share in $13 million in compensation after the banking giant failed to pay them enough interest on their savings accounts.
Unemployment has hit its highest level in Western Australia in more than a decade, at 6.4 per cent, despite the state's employment reaching its highest level on record, in trend terms.
The unemployment rate in Western Australia was unchanged at 6.1 per cent in September, however it disguised a fall in employment as the number of people working fell by over 9,000 during the month.
Top Western Australian publicly listed companies with fewer women on boards than the national average may get the boost they need following the launch of a new club.
It has been a tough year for WA's once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.
Michael Chaney will take the role of chairman of conglomerate Wesfarmers when Bob Every retires at the company's next annual general meeting in November.
Former federal Treasury secretary Ken Henry will take the helm of National Australia Bank's board when chairman Michael Chaney retires at its next annual general meeting in December.
Some of the biggest names in WA business will help nurture the next wave of philanthropists in the state as part of an innovative program to raise money for the children's hospital.
The satisfaction level of Australian business banking customers has reached its highest level but, rather than the big four, it's the smaller banks that are making them happy, according to a survey by Roy Morgan Research.
Perth-based gold miner Millennium Minerals has negotiated $5 million in additional debt funding from its major shareholder IMC Group but the deal is dependent on Millennium's current bankers agreeing to reschedule debt repayments due at the end of this month.
Jobs are back on the agenda for employers in 2015, with Hudson Recruitment's latest report on hiring intentions showing positive signs, while research from hiring website Indeed has found that unfilled jobs cost Australian $6.7 billion annually.
