An innovative project involving government agencies and private players has the potential to streamline and coordinate public works projects, reducing traffic congestion and saving costs, according to its proponents.
Perth-based Automotive Holdings Group will incur a $35 million write-down hit from the closure of some of its underperforming businesses, in response to the weak market for car retailers combined with recent regulatory changes by the corporate watchdog.
Swick Mining Services has raised about $5 million from investors to fund the buyout of minority shareholders in a mineral analysis and measurement technology company in which it already owns a major stake.
Oil prices have retreated slightly as investors reacted to a smaller-than-expected US petrol stocks draw as they awaited the outcome of discussions in Vienna between OPEC and other oil-exporting countries on whether to extend output cuts.
A Queensland business that uses sensors to detect unexploded bombs in former conflict zones in South-East Asia and Europe is now using its technology to help iron ore miners find pieces of equipment that have broken off in stockpiles.
Adrian Fini's development firm FJM Property is gearing up to launch the third stage of its Knutsford Precinct, near Fremantle, which was last year named as one of the best infill projects in the nation by the Australian Institute of Architects.
Bankrupt former coal baron Nathan Tinkler and two of his closest business allies have been banned from managing a company for at least three years for their roles in the collapse of several businesses.
Perth-based contractor Southern Cross Electrical Engineering has won $25 million in contracts for work on Rio Tinto's Amrun bauxite project in Queensland, bringing to about $150 million the value of contracts earned this month.