Mermaid Marine Australia Limited has completed an institutional placement to raise $36.3 million, including a $8.9 million conditional component which is subject to shareholder approval.
Think tank the Committee for Perth has made two key appointments to its high-powered board - adding business leader John Langoulant and major accounting player Jeff Dowling - as it embarks on its first major steps to improve the city's amenity.
West Perth based mineral exploration company Beacon Minerals Ltd has announced positive results from its Barlee Gold Project in Western Australia, saying it will provide confidence for further regional exploration.
A new $35million purpose-built submarine maintenance facility at the Australian Marine Complex (AMC) will bring in millions of dollars to the State over the next 25 years.
Woodside worth $100: Voelte; Banks confront a sober new era; Allco signals $1.5bn loss; Administrators for Baraka; Santos surges on speculation it will be the next target for oil majors
National logistics giant Toll Group has bought Herdsman-based Courier Australia, taking 100 per cent of the Western Australian company which has been operating for almost 50 years.
Western Australian companies Quickstep Holding Ltd and Vortex Pipes Ltd have announced a joint venture to develop and market a new generation of high end pressure pipes, featuring improved strength and corrosion resistance.
Embattled state opposition leader Troy Buswell used a pre-planned address to a business lunch today to outline his policy agenda, which includes proposals for state-funded paid parental leave, a state energy strategy and improved approvals for projects.
Perth based company Amcom Telecommunications Ltd has announced a forecast 30 per cent increase in net profit for the financial year, in comparison to its 2007 result.
Industry groups and the state government have welcomed the announcement of a $1 billion plan to transform Perth Airport by integrating the domestic and international terminals and building a new terminal dedicated to regional air services.
Woodside Petroleum Ltd said it is determined to find the right type of gas for the expansion of its Pluto LNG project, despite poor exploration results which could lead the oil and gas producer to miss its end-of-year final investment decision deadline.
The eastern end of Perth's CBD will undergo a massive transformation, with housing for 5,846 residents and commercial space for 1,704 workers as part of a projected $880million investment by the State Government and private sector.
British in $13bn raid on Origin; The $1bn plan for new Perth airport; RBA glimpses victory on credit front; Investors dump RCR as it warns of profit slump; Ex-AWB bosses fight handover of ASIC files
A mid-year fall in the number of new dwellings bought by first homebuyers was one of the first signs of a softening in Western Australia's housing market in 2007.
Insolvency firm Sims Partners is expecting major changes in the coming weeks with a merger on the eastern states horizon and name change for its six WA offices.
The fallout from the failure of Lift Capital Partners and Opes Prime Group is spreading, with at least four Perth company directors having a big parcel of shares sold as a result of their involvement with the east coast margin lenders.
Chinese interest in Australia's iron ore sector has gone to a new level, with East Perth-registered exploration company Legacy Iron Ore Ltd seeking to list on the stock market.
Iron ore miners in the Mid West region will have more room to move following the $49 million upgrade of Berth 5 at the Geraldton Port, but it may not be enough space in 18 months' time.
Australian exploration companies are renowned for pursuing opportunities in all corners of the globe, seeking out regions that will give them a competitive edge.
As new Chamber of Commerce and Industry WA chief James Pearson jetted off to Russia this week with a state trade delegation, his colleagues may hope he's dotted the ‘i's and crossed the ‘t's on his paperwork.
The controversial $200 million facelift planned for Fremantle's Victoria Quay by property developer ING Real Estate has come up against further opposition, with the City of Fremantle seeking to intervene in a review of the plan by the State Administrative
The ructions that have stirred up international financial markets this year and cast a pall over the global economic outlook would, you might think, make investors and business operators cautious.
This week, Briefcase is able to report directly from the streets of New York, where the mood among stock and commodity traders has taken a bullish turn.
