Business leader Kerry Stokes says the Western Australian economy is heading for its toughest period in two decades, but expects the state will resume healthy growth within a couple of years.
Two major national contractors are embroiled in takeovers, with Tenix Holdings on the receiving end of a $300 million bid by Downer EDI, and Transfield Services revealling it has received a $1 billion takeover bid from a Spanish building giant.
Perth-based online education services provider iCollege has entered into a binding heads of agreement to fully acquire Dynamic Learning Services for $4 million.
The small business sector has had some significant wins of late. Our 4-page special report analyses the issues facing small business, profiles two franchise groups expanding in WA and looks at unique incentive programs for staff.
Shares in Perth-based gold explorer Talisman Mining have surged more than 70 per cent after the company announced it had entered into a binding agreement for Swiss-based Glencore's Sinclair nickel project in the Goldfields for $10 million.
Hospitality entrepreneur has high hopes for the industry in Perth, after receiving 70 per cent of its new restaurant crowdfunding target in the first month.
Two Perth event planners have taken rejection in their stride, launching one and planning another urban recreation event to enliven the city at their own expense.
Fremantle-based Mermaid Marine Australia will seek to change its name at the company's AGM next month, following acquisition of all Singaporean listed Jaya Holdings' subsidiaries in June.
Woodside Petroleum has donated $1 million to the Harry Perkins Institute of Medical Research, while 100 Woodside employees have raised almost $280,000 more through the Ride to Conquer Cancer.
Former copper and gold explorer Quintessential Resources has moved another step towards its scrip takeover of technology incubation company Yonder and Beyond with the appointment of Y&B chief executive Shashi Fernando as a non-executive director.
Nickel miner Western Areas has had a slight share price uplift on the release of its September quarter results and annual report.Its shares closed today at $4.34, up 2.8 per cent.
Western Australia's game developers have been given a helping hand following a public acknowledgement that the barriers to their success are significant.
PYBAR Mining Services is positioning itself to take on the two dominant contractors in underground mining, after making two acquisitions in Western Australia and being named as preferred contractor for a new mine.