Today's headlines

The West Australian Business Section

Spending slowdown hammers Bunnings

Wesfarmers shareholders at its AGM yesterday were told hardware subsidiary Bunnings had been hit hard by falling consumer demand, though the business remained in good shape.

Bank Flages 30% iron ore rise

Merrill Lynch is the most bullish of global analysts, predicting a price rise for iron ore of 20-30 per cent for 2006.

Delays force Westpoint to seek loan extension

Delays in east coast development projects have prompted the property development group to ask mezzanine finance funders to leave their money where it is.

India in Gorgon talks

ExxonMobil is believed to be looking at selling $10 billion worth of gas to Indian buyer, Petronet LNG.

Comdek future on shaky ground after $4.9m loss

Property: Cockburn city plan launched

Property: Big developers eye Rottnest sites

Property: Bouvard tips fatter profits