Latest Headlines

The federal government's $6.2 billion investment in the car industry has been applauded by car makers around the country and the unions representing more than 60,000 employees tied to the car industry.

Herald Resources has secured a standby loan facility for up to US$30 million from PT Bumi Resources TBK.

Western Australian agribusiness improved in the September quarter with further improvement expected in the December quarter.

Neptune Marine Services has been awarded two repair projects in the Gulf of Mexico worth almost $15 million.

Cooper Energy has become the major shareholder in Incremental Petroleum, purchasing a share of almost 27 per cent in the company.

Atlas Iron has hauled the first iron ore shipment from its Pardoo Iron Ore Project to Fortescue Metals Group's port facilities in Port Hedland.

Mine employment caves in; WA gas demand to double; Uranium's still hot despite Rio's slowdown plans; Pressure on US to bail out car giants; Obama demands new rescue plan

Gindalbie Metals Limited has accepted an offer from Anshan Iron & Steel Group Corporation worth more than $162 million to complete equity funding in its $1.8 billion Karara Iron Ore Project.

Less than two months after it floated on the Australian market, Perth-based Aluminex Resources will delist after a technical glitch with its initial public offer.

RESOURCESTOCKS magazine has named its best performers in the Australian resources sector for 2008 in its Best of the Best Awards.

West Perth-based miner Kagara has been granted an extension to its $100 million facility by the National Australia Bank while Westpac has provided a $50 million facility.

A new power station in Naval Base opened this afternoon, ensuring a capacity boost of 10 per cent to Western Australia's power supplies.

The federal government has announced details of a new financial literacy program designed to help young people make decisions about insurance and superannuation in their future.

Perth company Beta Pharmaceutical hopes to list on the local market at a later date after the ongoing economic volatility forced it to withdraw its $5 million initial public offer.

Mining contractor Macmahon Holdings has downgraded its annual growth forecast for 2009 to between 10 per cent to 20 per cent growth as the economic crisis delays projects.

ASX-listed Po Valley Energy Limited has been granted six-year gas exploration licences for its La Prospera and Terra del Sole prospects near Bologna in northern Italy.

Burke charged with corruption; State projects get the axe as cash dries up; Receivers refuse to guarantee ABC child-care centres will stay open; ASIC won't intervene in Incremental bid; Rudd goes local with $1bn spend

The Water Corporation has named Sue Murphy as its new chief executive, replacing Jim Gill who retires at the end of the year after a 12-year reign.

iiNet managing director Michael Malone has warned a Senate Committee that the federal government's national broadband network is doomed to be a huge monumental failure and a waste of $5 billion of taxpayers money.

Shareholders in Jupiter Mines will decide whether to hand control of the company to the Brian Gilbertson-led Pallinghurst Resources, which intends to spend $50 million to advance Jupiter's projects.

Global miner Xstrata has boosted its interest in West Perth-based Pioneer Nickel and has agreed to provide over $1 million to the company to explore the Acra project in Western Australia.

Bentley-based waste recycling company AnaeCo has teamed up with a private firm to explore the feasibility of expanding its DiCOM waste processing facility to the eastern states.

International Goldfields says it will step up merger discussions with Nkwe Platinum after it received an independent report that valued its South African assets at up to $64 million.

Dragon Mining has become the latest victim of falling commodity prices, with the Perth-based company announcing it has suspended activities at its nickel mine in Finland.

Cooper Energy is today urging Incremental Petroleum shareholders to accept its takeover offer as the corporate watchdog says it will not apply on Cooper's behalf for an extension of the bid.

Western Australia's jobless rate for October has been described as "sensational" as the figures tumbled towards record lows while the national rate held steady.

Nedlands-based Tox Free Solutions has successfully completed a $13 million capital raising and revealed it will acquire a Victorian waste management company for $1.5 million.

Engineering firm Monadelphous Group has secured a $76 million contract from Ports Corporation of Queensland for expansion works at the Abbot Point coal terminal.

Global crisis blows $40bn hole in budget; Warning of 9pc jobless rate; Banks' patience running out; Guarantee in need of tweaking; Chinalco regains hold on Rio blocking stake

THE development of so-called "main street" or strip shopping centres around the city has created another viable retail category outside of the traditional suburban and CBD shopping centres.

AT least four major shopping centres across Perth are poised for a change of ownership, including three of the Centro Properties Group's largest Western Australian assets.

SOME of the largest publicly-listed retailers in Western Australia have been feeling the pinch during the recent economic turbulence, but preparations made early to deal with the downturn and positive signs about the future of retail in the state are keep