Conglomerate Wesfarmers says it expects a lower dividend for the third consecutive year as it launches a heavily discounted rights issue to raise nearly $3 billion to help pay down debt from its $20 billion Coles acquisition.
Shares in Anvil Mining have closed up 27 per cent after it reached a deal with the government of the Democratic Republic of Congo over its Dikulushi and Kinsevere mines.
Perth-based leisure technology firm V3 has been awarded a state government tender to provide online booking technology for Tourism Western Australia's website.
Cooper Energy says it is well placed to achieve record production for the 2009 financial year as it reports a 17 per cent lift in oil production for the December quarter.
Azure Capital managing director Michael Minosora has joined the executive team at Fortescue Metals Group as part of a reshuffle in a bid to sustain operations in the current economic climate.
Paladin Energy has exceeded production capacity at its Langer Heinrich uranium mine for a second consecutive quarter as it extends its takeover bid for Fusion Resources.
Great Southern says it will pursue other interested parties for the sale of a Queensland forestry estate after a private international timber fund pulled out of a $23 million deal.
Premier Colin Barnett has reportedly indicated the government could buy back some houses in the Ravensthorpe and Hopetoun areas following BHP Billiton's decision yesterday to close its nickel operation.
Newcrest Mining, Australia's biggest gold company, has delivered a drop in gold production during the second quarter and cut full year production forecasts for its Telfer mine in Western Australia.
Wesfarmers has launched an equity raising to raise a minimum of $2.8 billion, comprising a three for seven accelerated pro-rata non-renounceable offer, at $13.50 per share.
IN a bid to bring extra hotel rooms onto the market, a new study has highlighted investment opportunities in Perth's CBD by compiling a short list of commercial buildings suitable for conversion.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
HISTORY shows us that the disillusioned, the disenfranchised, the oppressed, the impoverished, the downtrodden will eventually turn on the society that spawned and then abandoned them.
THE mortgage broking industry is preparing for a major transformation as the credit crisis and slowdown in the real estate market continues to dampen demand.
Western Australia's leading consulting engineers have expressed concern over the state government's capital works program, after a number of advanced projects were put on hold.
VENDORS and lessors of commercial buildings could be required by law to disclose the energy efficiency of their buildings under a proposed federal government scheme.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
THE Industry Capability Network of WA has launched a new scheme to help Australian companies win supply contracts with major Asian oil and gas contractors.
AGRIBUSINESS Great Southern Ltd is pursuing alternative options, including the sale of assets, as received proxy votes indicate investors may not be willing to exchange their interest in plantation
THE revolving door of accountants in Perth's insolvency world continues to spin with Chris Munday joining his former Pitcher Partners colleague Vince Smith in Ernst & Young's corporate restructuring practice.
WITH the takeover offer set to open shortly for Perth-based Pure Energy, managing director Steven Beardsall may be in for a nice cash bonus as he boosts his stake in the company.
WESTERN Australia has suffered the biggest fall in job advertisements in December as ads across the country slump to recession-like levels, a key employment measure has found.
Perth #1 in radio advertising spend PERTH has come out top of the pops in radio advertising revenue as the medium proves to be the most resilient of the traditional media in tough economic times, The
THE volume of mergers and acquisitions in the stockbroking sector is expected to pick up in 2009 as firms prepare for a new watchdog rule that will come into force later this year.
