THE WEST AUSTRALIAN (Business news)
Kimberley firms as target
Six months of takeover rumours are set to come to a head with Kimberley Diamond calling a trading halt yesterday amid speculation it was in talks with London group Gem Diamonds about a possible bid.
Elders chief Hunt goes in big shake-out at Futuris
Friction within the senior management team at Futuris Corporation spilled into the open yesterday with the sudden removal of Greg Hunt, the head of farn services giant, Elders, teh group's biggest business.
Fortescue rasing hits target of $350m
Fortescue Metals Group is expected to immediately start poulghing additional funds into an expansion of its unfisnished Pilbara iron ore operations after confirming the success of its overnight $350 million-plus capital raising.
CVRD takes stake in Pilbara uranium projects
Brazilian mining giant CVRD has extended its foray into the area of rivals BHP Billiton and Rio Tinto by waking its first investment in the Australian uranium sector in the heart of the Pilbara.
JV wins big contract
One of the property industry's worst kept secrets has been confirmed with the Diploma Probuild joint venture securing the lucrative $200 million construction contract for Cbus Property's $400 million 140 William Street development.
THE WEST AUSTRALIAN (General news)
Drought leads to shortage of WA lambs
WA consumers face a shortage of local lamb as processors struggle to get enough stock and the drought pushes sheep prices to a five-year-high.
Sell trains and build toll roads
Perth's passenger rail network would be privatised, more competition allowed in the taxi industry and public-private partnerships considered to fund major roads projects under a radical proposal to overhaul transport policy and infrastructure.