A legal technicality and market volatility has put a stop to TheBuzz Corp Pty Ltd's $5 million capital raising, with the Nedlands-based telecommunications company forced to change its plans.
Despite volatility dogging the markets since its debut on the ASX earlier this year, Perth-based investment company OzGrowth Ltd has posted a net profit of nearly $5 million.
Perth-based Stirling Products Ltd has acquired the worldwide licensing rights for the product PetQuench with sales expected to be in excess of $25 million over the first five years.
Nedlands-based mining services company Morris Corporation (WA) Pty Ltd has secured a contract to provide catering, village and airport management, and site cleaning services at Oz Mineral Ltd's Golden Grove mine in the Mid West region.
In what is its final step in transforming itself into a fully fledged resource company, former satellite communications stock Comdek Ltd has proposed a name change and a $12 million share placement.
After setting a world record time yesterday, Perth boy Eamon Sullivan has missed out on the gold medal at the Beijing Olympics in the 100 metre freestyle event.
Perth-based IT services provider ASG Group Ltd has reached its earlier earnings forecast, with full year net profit after tax up 28 per cent on the previous year to $9 million.
A boost in sales of the Perth-based TFS Corporation Ltd's managed investment scheme product has driven its full-year net profit up 44 per cent to $28 million, exceeding expectations.
CBA wary despite $4.8bn profit; RBA tells banks: pass on rate cut; Telstra investors hang up on lower $3.7b profit; Straits eyes long wait for $200m salt project; Metals to make a comeback: analysts
Three major developments in the gas, iron ore and power sectors this week have once again highlighted the ability of big projects to insulate the Western Australian economy from the global economic slowdown.
In a sign that Perth's commercial property market may be warming up, Wesfarmers House has sold to Jandakot-based Ascot Capital Ltd for almost $85 million, although the price represents a significant discount on the property's 2007 value.
Gondwana Resources Ltd managing director Warren Beckwith has increased his interest in the company through the acquisition of 1.5 million shares through the exercise of options and an off-market tran
Retail trading hours and major project development emerged as the top business issues in the first week of the state election campaign, with Labor and the Liberal opposition both claiming they have a better track record.
A $25 million refurbishment of the Perron Group-owned Mirrabooka Square Shopping Centre will be the first step towards a wider revitalisation of the area, if approved by council.
WESTERN Australian School of Mines operator Curtin University says it has changed plans to relocate about half of the Kalgoorlie campus students to its Perth campus, but will review the situation in 2
Western Australia's fledgling private equity market is gaining traction, with a growing number of transactions this calendar year coinciding with a downturn in stock market listings.
INFRASTRUCTRE projects in Kwinana, Kalgoorlie and the north-west have been recognised at this year's WA Civil Contractors Federation earth awards, announced on Friday.
This time last year, fund managers in Perth were talking bullishly about continued strong investment returns and plans to rapidly expand funds under management.
When 29-year-old Tanya Steinbeck started her home business in March this year, finding the time to care for daughter Ava and manage domestic chores was not an issue.
Wesfarmers and Rio Tinto have cemented their positions as corporate citizens in Western Australia after both companies last week revealed separate philanthropic partnerships totalling $15.
People with sedentary occupations have a greater propensity to become overweight and obese, according to the Australian Institute of Health and Welfare.
The vision of creating one of the Asia-Pacific region's best airports - with 45 aerobridges and costing just $1 billion - has become a major challenge for Perth Airport.
