Perth-based contracting company VDM Group has reported a net loss of $47 million for the six months ended December 31, the result of lower revenue, a small operating loss and more than $35 million
The Australian dollar pushed to its highest level in almost three weeks, rising above 108 US cents, following data showing the retail sector having recovered from its pre-Christmas blues.
Peak Resources shares jumped by nearly 20 per cent after the company unveiled a maiden JORC-compliant resource at its Ngualla rare earths project in Tanzania that it says rivals the largest deposit
The Australian share market closed higher, boosted by encouraging economic data from Japan and South Korea and slightly stronger retail sales data in Australia.
Shares in consumer goods retailer Harvey Norman fell more than six per cent after the company reported worse than expected sales in an uncertain retail environment.
Power generator Pacific Energy says record earnings from its Kalgoorlie Power Systems business have driven a solid lift in profit for the half year ended December 31.
Shares in QBE Insurance Group have risen after the insurance giant raised $450 million from institutional investors and sought to raise another $150 million from retail investors.
Premier Colin Barnett has stated that Western Australia should have two energy utilities rather than four, raising the ire of shadow minister Bill Johnston who believes investment in the sector is
LandCorp has announced development partners for two urban redevelopment projects; the residential revamp of the Perry Lakes stadium in Floreat, and a former education department site close to the K
Andrew Forrest's legal team has begun its appeal of a Federal Court ruling that the Fortescue Metals chairman and his iron ore company misled financial markets eight years ago.
The government says new legislation will put the onus on listed companies to make sure they have provisions to clawback bonuses and other pay from executives.
THE harmonisation of occupational health and safety laws across Australia will offer more opportunities than burdensome compliance requirements for community organisations, according to some of the
IT'S not the market overall, it's the particular company that you pick; that seems to be the message for investors looking to invest in listed property companies.
BUNBURY'S Giacci family has sold its trucking and bulk haulage business Giacci Group to listed company Qube Logistics for $119 million, marking yet another trade sale of a major Western Australian
THIRTY years ago Paul Bitdorf escaped the clutches of repressive communism in his native Poland in search of a better life as far away as was possible – in Western Australia.
