Agribusiness Great Southern has signed a conditional agreement to sell its Queensland asset for a discounted $23 million as it posts an annual loss of over $64 million.
Growing stamp duty bills on residential properties are impeding Australian home buyers' ability to enter the housing market, according to a new report.
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The state government says it will wait for an indication of federal funding for the $1.5 billion development of the Oakajee port and rail project before finalising an agreement with the proponent.
BHP Billiton has emerged from its decision to dump a $100 billion-plus takeover for rival Rio Tinto Ltd with 'buy'recommendations from analysts, while Standard & Poor's has maintained its rating for Rio but warns of a downgrade.
The logistics division of Automotive Holdings Group has buffered the company from further losses as its core retail division suffers a 24 per cent fall in earnings over the past four months.
EFTel has forecast a loss making December half of over $2 million as it enters into a partnership with internet service provider Dodo to help deliver its BroadbandNext network.
Western Australian-based Rod Jones, founder and managing director of education services provider Navitas, has been named this year's Ernst & Young Entrepreneur of the Year.
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A group of the state's big gas users have called on government to adopt a fiscal incentive package that will encourage domestic gas supply and take away the current focus on exports.
ERM Power is keeping quiet about its intentions over the potential sale of Babcock & Brown Power's interests in two Western Australian power stations to ANZ.
Agribusiness investment company Timbercorp has suffered a 32 per cent fall in annual net profit thanks in part by write-offs and provisions made during the year.
High debt levels, the global economic downturn and BHP Billiton's decision to pull its takeover proposal have prompted credit ratings agency Fitch Ratings to remove Rio Tinto from its 'rating watch positive' list.
The state government is seeking public comment on a new rail-based transport connection in Kwinana to alleviate heavy vehicles using main roads between Fremantle and Forrestfield.
A falling share price has prompted agricultural investment manager Great Southern to delay next week's meeting of project investors, who were to decide on a restructure proposal of the company.
China has lowered its key one-year lending rate 108 basis points to 5.58 percent, the most in 11 years, extending efforts to prevent an economic slump less than three weeks after unveiling a 4 trillion yuan ($586 billion) stimulus plan.
JUST 18 months out from the introduction of a national emissions trading scheme, uncertainty still overrides the debate over how the scheme will directly, and indirectly, affect some of Western Australia's largest businesses.
Red Hill Iron Ltd directors Joshua Pitt and Neil Tomkinson have boosted their stake in the company with the acquisition of 123,939 shares -worth $247,878.
PREMIER Colin Barnett is known to be fond of big, regional projects that offer sweeping vision and the prospect of unlocking value for future generations.
The Note has mentioned the magic word Argenti previously but was drawn back to the corporate planning system this week when local business hero Michael Chaney got up to laud its qualities.
THE state's largest electricity retailer is strongly advocating the introduction of advanced metering, in-home displays and critical peak pricing so customers are provided with immediate price signals to modify their behaviour and energy use habits.
THE chairman of Western Australia's newest electricity generator believes the federal bureaucrats charged with shaping Australia's low-carbon future should pay close attention to the achievements of N
THE federal government is pinning too much hope on successful commercialisation of carbon capture and storage technology, the WA Business News emissions trading forum has heard.
A SIGNIFICANT number of liable companies remain unaware of the emissions trading scheme's potential impact on their business, according to GHD global climate change response services leader Chris Lund.
