HBOS, the UK parent company of BankWest, has recorded a 56 per cent fall in net profits for the first half of 2008 due to credit crunch turbulence while earnings at its Australian arm dipped 12 per cent.
Just days after shareholders in Cape Lambert Iron Ore Ltd voted to sell the namesake iron ore project, new owner MCC has sold a majority stake in the project to Russian steel making giant Evraz Group S.A.
The Chamber of Commerce and Industry has stepped up its calls for deregulated trading hours as Perth is revealed as the second most expensive capital for food and groceries.
The Real Estate Institute of WA has quashed claims by a leading property forecaster that Perth's house prices are set to fall 15 per cent over the coming year, saying past predictions have been proven wrong.
The concerns of one of Australia's leading actuaries regarding the transfer from the state of about $330 million in assets may have stopped the mutualisation of $9 billion fund manager GESB, which claims about one quarter of Western Australia's workforce
The state's aged care sector has echoed calls by the Australian Council of Trade Unions for urgent action to avoid a work-care collision as the nation's population ages.
Iconic Perth music store 78 Records is about to undergo a major overhaul, and get some unlikely neighbours, as its home of 12 years undergoes extensive renovations.
Ensuring the ongoing strength of the arts sector in Western Australia beyond the boom will only be achieved by building relevance of the arts in the community, according to participants at the WA Business News forum.
Players in Australia's uranium industry have renewed calls for the federal government to take control of the future of the country's rich uranium deposits.
Perth's planned new sporting stadium at Subiaco could include innovative venues for the presentation of theatre and music to sports fans attending big games.
JEFF Burch, who owns Howard Park and Mad Fish wines, has launched a new boutique brand this week developed in partnership with renowned Burgundian winemaker, Pascal Marchand.
Belmont-based solar panel distributor Solar Sales has been bought by US company SunPower Corporation, marking the Silicon Valley-based company's first entry into the Australian solar market.
Mining engineers, scientists and technology entrepreneurs should collaborate with innovators in the arts sector to produce outcomes that benefit all sectors, the WA Business News boardroom forum was told.
An air of uncertainty still surrounds the $2 billion Oakajee Port project, despite the state government selecting Oakajee Port and Rail Pty Ltd as the preferred developer.
Although they are at the heart of Western Australia's resources boom, regional communities are only just starting to receive the downstream benefits from the state's strong economy.
THE Australian share market had its largest one-day fall in six months, closing more than three per cent weaker and wiping $38.5 billion from its value, on troubling news from National Australia Bank
Property developers in Western Australia are likely to face higher costs for water connections to projects in regional areas if changes to developer contributions, put to the state government by the Economic Regulation Authority, are adopted.
This week's landmark decision on the preferred developer for the Oakajee port project has reminded Western Australians that Japan still plays a very big role in the state's economy.
The important role of leadership in boosting the arts was strongly voiced at the boardroom forum, with some participants calling for the premier to take on the portfolio.
Bannerman Resources Ltd non-executive director Alastair Clayton has increased his stake in the company through the exercise of 4.8 million options at a total cost of $1.9 million.
Of Western Australia's 32 premiers, only two - Sir John Forrest and Sir Charles Court - are likely to ever get within cooee of challenging Brian Burke in the most-written-about stakes.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government's Department of Industry and Resour
WESTERN Australia has moved closer to full grain export deregulation with the Economic Regulation Authority recommending the deregulation of barley, canola and lupin exports.
