Today's headlines

THE WEST AUSTRALIAN (Business news)

Iluka eyes SW sales as focus turns east
Iluka Resources has already begun talks over possible asset sales and infrastructure sharing as its struggling South West operations after finalising a company wide review.

WA family businesses sold off in twin deals
Two more WA families have cashed in on the resource boom , selling private businesses to bigger listed companies and together banking more than $120 million.

Departing Mohl leaves AMP in strong shape
Family, charity and occasional number crunching will occupy Andrew Mohl after he steps down as AMP chief executive at the end of the year.

Critics slate ASIC over debt regime
New Australian Securities and Investments Commission boss Tony D'Aloisio has moved to head off criticism of the agency regulation of high-risk property financing schemes with proposals for a new benchmark-based disclosure regime.

Alinta's value set at $15.13 a share

Russian tycoon surprises with a stake in FMG

Santos looks to big LNG push as profit slides despite bumper oil output

THE WEST AUSTRALIAN (General news)

Rudd offers States $2b carrot for sick hospitals
A Rudd Government would set the State's ailing health systems a series of performance targets and pay them hundreds of millions of dollars of they met them, under a plan unveiled by the Federal Opposition yesterday.

Plan for small bars to liven up the city is drowning in red tape
New State Government liquor laws introduced to creat vibrant city nightlife by encouraging small bars to open have failed because they are too onerous and must be urgently overhauled, says the hotel industry.

BHP helps market regain lost ground
A surging BHP yesterday sent the stockmarket recovery into a fifth day as bumper company profits reassured nervous investors battered by the fallout of the US credit crunch.