PERTH-BASED education services company Navitas has defied the global economic slowdown by reporting a lift in interim profit to a record level and outlining plans to pursue further international growth.
Shareholders in Gindalbie Metals have approved a $162 million share placement to AnSteel, which will boost the Chinese steelmaker's stake to over 36 per cent.
Kalahari Minerals has filed documents in the Supreme Court of Western Australia over the appointment of newly elected Extract Resources director John Main.
Building approvals in Western Australia rose over 12 per cent during December, bucking the national trend which declined for a sixth consecutive month.
Fortescue Metals Group has agreed to settle a shipping contract dispute with the issue of $US22 million ($A34 million) worth of shares and has entered into a shipping joint venture.
BHP Billiton chief executive Marius Kloppers has admitted the Ravensthorpe nickel operation was not the "finest investment decision" as the miner reported a 56.5 per cent drop in first half profit.
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The federal government says today's $42 billion stimulus package will add to gross domestic product growth but the budget will enter into a $22.5 billion deficit this financial year.
One in six BankWest customers and over 7 per cent of St George customers plan to vote with their feet and leave the bank as a result of the recent corporate activity of their bank, a new poll by Retail Banking Review has revealed.
Tourism Western Australia will visit Ravensthorpe, Hopetoun and Bremer Bay this week to assess tourism opportunities in the area following the shutdown of BHP Billiton's nickel operation in the area.
Miner Kagara has sold an 11.5 per cent stake of the company to offtake partner Transmarine for $10 million as it embarks on a share purchase plan to raise a further $26 million.
West Perth-based ipernica says it has made a number of operational changes in order to focus its activities on the two main value drivers, intellectual property assertion and the newly acquired NearMap business.
The state government has officially halted work on a major new sporting stadium and museum, preferring instead to build more public housing, establish a new childrens' hospital and police complex, and extend the northern rail line.
Treasurer Troy Buswell has revealed that state revenue has dipped a further $1 billion since the interim budget was released last month as the government moves to cap employees in the public sector at 99,155.
Straits Resources will raise nearly $80 million through a convertible notes issue to the Standard Chartered Bank and has been granted an 18-month, $25 million senior debt facility by the bank.
