Today's Business Headlines

Centro goes on the block
Troubled shopping centre developer Centro Properties Group has put itself up for sale, with Westfield, Stockland and investment banks such as Macquarie Group and Babcock & Brown considered potential suitors. The West Australian

Great Southern new owner of E&T's flagship Gnangara vineyard
WA plantation manager Great Southern has bought the 100-hectare Gnangara vineyard off Challenger Wine Trust, freeing the trust of its final property leased to the now-defunct WA winemaker Evans & Tate. The West Australian

Drought relief to be tightened
Prime Minister Kevin Rudd will revamp drought-relief payments for farmers in a move to reduce the plan's long term costs. The Australian

Employers gear up to fight unions
The government's decision to phase out Australian Workplace Agreements will cause big employers to introduce non-union enterprise bargaining agreements. The Australian Financial Review

THE WEST AUSTRALIAN

Page 1: WA facing power cuts in 40C heat

Business: WA's resources boom has catapulted Perth's boutique law firms to the top of the national leader board following a year of relentless initial public offerings.

Prospectors Clairk Easterday and Len Ireland may have won a decade-plus battle with the state's criminal prosecutors over the Karpa Springs salting scandal, but they are now engaged in legal warfare with one of the mining world's hard nuts.

Perth-based investment company Ozgrowth - the first new listing for the year - made a stirring debut on the Australian Securities Exchange yesterday.