Today's business headlines

Tuesday, 29 May, 2007 - 07:59


THE WEST AUSTRALIAN (BUSINESS NEWS HEADLINES)

Navis injects $40m into WA village developer

WA-based retirement village developer National Lifestyle Villages will fast-track its expansion into the lucrative east coast market after securing a $40 million cash injection from Malaysia-based private equity fund Navis Investment Partners.

Chatfield hit as PearlStreet plunges

Mark Chatfield, the power executive who quit his Queensland job following insider trading claims, has now been hit in the hip pocket after a share price plunge yesterday by engineering company PearlStreet. The stock fell as much as 25 per cent after management warned of an earnings slide.

Court clears way for Eurogold case to be heard in WA

The Federal Court has cleared the way for Eurogold to mount a home-turf legal campaign against a London-based group over the collapse last year of a $26 million European asset sale.

 

THE WEST AUSTRALIAN (GENERAL NEWS HEADLINES)

Ambulance queues set to grow

Complaints from doctors and nurses about dangerous working conditions have prompted the State Government to cap the number of patients accepted into overcrowded emergency departments in a move which increases the prospect of ambulances being forced to queue outside.

Women face sex bias in mines

The mining industry is dominated by a male culture of systemic sexual harassment and bullying against women, leaving women feeling they have to work harder than their male colleagues, a report commissioned by the industry and the Federal Government has found.

Buckeridge now has $1.1b hospital in sights

Building magnate Len Buckeridge, who has long accused Labor of blocking his business interests, is targeting the plum $1.1 billion Fiona Stanley Hospital construction contract after yesterday winning the State Government tender for the $335 million Perth Arena indoor stadium.