THE WEST AUSTRALIAN (Business News)
Kiernan pumps bid again
Michael Kiernan Territory Resources is set to make a sweetened $760 million-plus bid today for Consolidated Minerals, beginning a full-blown takeover war with Brian Gilbertson Pallinghurst Resources after a month long phantom campaign.
Value of M&A leaps to $115b
The value of australian mergers and acquisitions more than doubled to $115 billion for the financial year just ended, a stark demonstration of broadly based takeover activity fuelling the market.
Rural schemes plan a more taxing future
Despite the distraction of takeover speculation, the biggest players in the rural investment scheme market are moving quickly to prepare for a future where many of their growth products are soon to lose theirkey attraction of 100 per cent tax deductibility.
THE WEST AUSTRALIAN (General News)
Boys gang-raped in rituals: women
Three Halls Creek women have given a shoking insight into life in Aboriginal communities, claiming child sex abus in Kimberley towns is rampant and alleging some men are exploiting cultural rituals, dragging young boys out to the bush under the guise of a "law time" and gang-raping them.
Nattrass attacks city 'robbery'
Lord Mayor Peter Natrass has accused the State Governement of robbing Perth of opportunities through a culture of cost shifting and short sighted decision making.
Brokers' victims get 20pc back
After 10 long years, 2100 investors who lost more then $120 million of their savings in the WA finance brokers scandal can finally expect to get some compensation in the mail this week.
