Western Australia has reclaimed its position at centre stage in the money world, not because it is sucking in development capital but more so because it has become a global cash cow.
Only a courageous investor would bet against the buying power of the self-managed super funds, which one recent investment note said ‘hunted in packs'.
SPECIAL REPORT: The past 12 months have been tough for WA's corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
Wesfarmers is set to acquire a coal development licence worth $70 million from Peabody Energy, in a purchase which the company says will boost its total coal reserves by about 29 per cent.
CBH Group chief executive Andrew Crane has been appointed a member of Australia's B20 Leadership Group, a private sector consortium that produces policy recommendations for international finance leaders for the annual G20 Leaders Summit in Brisbane next year.
Diversified conglomerate Wesfarmers has sold off its 40 per cent stake in industrial gas producer Air Liquide Western Australia to its national counterpart, Air Liquide Australia, for a profit
FEATURE: It has been a difficult year for many of WA's listed entities, but investors are backing the performance of most of the state's top executives.
The recent publication of two listings of influential business leaders provided food for thought about the growing international influence on Western Australia.
Woodside Petroleum and National Australia Bank chairman Michael Chaney says the growing compliance burden on companies threatens to compromise their ability to deliver for shareholders.
Western Australian business chiefs Kevin Gallagher, Gina Rinehart and Richard Goyder were recognised in separate awards events across the country last night.
The state's biggest employer last year increased its direct contribution to community causes by a growth factor well above those for its revenue and profit returns.
Almost all of Western Australia's independent schools have increased their fees and enrolled slightly more students than last year, according to Business News' Book of Lists research.
FIFTEEN years after the late Harry Perkins' efforts to create the Western Australian Institute for Medical Research bore fruit, the not-for-profit will take his name in a major rebranding move.
THE Perth Cultural Centre has been transformed this week with tents, decorations and various spectacles as part of the Awesome International Arts Festival for Bright Young Things.
You don't have to be in retail to know that times are tough for shopkeepers, their staff and their landlords, but what you might not know is that conditions are probably going to get worse before they get better.
Mermaid Marine managing director Jeff Weber has joined Wesfarmers executives Richard Goyder and Terry Bowen in selling down their respective companies' stock to pay for the exercise of incentive op
Diversified conglomerate Wesfarmers looks set to acquire risk management and compliance firm Greencap in an all-scrip takeover bid worth up to $21.2 million.
Hardware giant Bunnings has sold a suite of its warehouse properties and a bulky goods centre to the listed BWP Trust for more than $312 million, under a sale and lease-back arrangement.
A slowdown in the mining sector could have positive flow-on effects for employers in other industries, Business News' annual survey of the state's 100 largest employers has found.
The success of the demerger process at two Australian businesses – News Corp and Brambles – has led to calls for more of them, with fingers again being pointed at Wesfarmers.
The new-found restraint characterising chief executive salaries has not extended to Kerry Stokes' Seven Group Holdings, which has announced that new boss Don Voelte could earn $7.2 million each yea
Wesfarmers subsidiary Coles has appointed Cathi Scarce as its WA state manager, to replace Mark Armitage who has held the position at the supermarket giant for two years.
WHAT do you call a person who makes the same mistake year after year? ‘Fool' is one suggestion, and it seems the same description certainly applies to governments.
