Idiosyncratic Cottesloe fund manager Packer & Co has reduced its exposure to the US stock market and pivoted funds to Asia to offset the impacts of global trade tensions.
The WA Liberal Party has made more from donations this financial year than WA Labor, but levies and union fees have the latter's coffers well ahead in the lead up to the state election.
Rio Tinto will move to full control of Energy Resources of Australia, taking its full allocation of an entitlement offer which will bring its stake in the Ranger uranium project owner to 98 per cent.
Cottesloe fund manager Packer & Co has paid its biggest dividend since 2021, as the $2 billion trust it manages puts more distance from the challenges of the pandemic and Ukraine.
The Takeovers Panel has ruled that uranium player Energy Resources of Australia's entitlement offer with Rio Tinto did not involve unacceptable circumstances.
The Takeovers Panel has opted to steer clear of intervening in Energy Resources of Australia's $880 million offer, which could give Rio Tinto full control of the uranium miner.
Energy Resources of Australia has begun proceedings in the Federal Court against in relation to the Northern Territory government’s decision not to renew the Jabiluka mineral lease.
One of Western Australia's biggest fund managers, Packer & Co, has spelled out the impact of Russian sanctions as it revealed a negative 1.2 per cent annual performance which still beat its benchmark markets.
Western Australian businesses contributed nearly $2 million to the two major political parties in the 2016 financial year, according to recently released disclosures, while trade unions gave about $1.1 million directly to the local branch of the Labor Party.
Three leading professionals have joined forces to take control of the Peppermint Grove branch of the Liberal Party, which is influential in the preselection process for Colin Barnett's state seat of Cottesloe.
