Western Australia has recorded the largest fall in new home sales for the July month as the property market across the country continues to struggle with high interest rates and a slowing economy.
Panoramic Resources Ltd has followed the trend of its fellow nickel miners, today posting a 40 per cent fall in full year net profit to $53.3 million on the back of lower commodity prices and higher operating costs.
Gas market faces ACCC shake-up; B&B plans sell-off of fund rights in cash hunt; $100bn show of investment confidence; AMP spells out risk as profit dips; Fairfax journalists strike over job cuts
West Perth-based gold miner Dominion Mining Ltd has booked a full year net profit after tax of $33.4 million net profit, down 35 per cent from the previous year's result of $51.7 million.
Higher exploration costs have dented gold miner St Barbara Ltd's full year earnings loss, which plummeted to a loss of $17.3 million, down from the previous year's net loss of $2.9 million.
Japanese company Inpex Ltd is expected to choose either Western Australia or the Northern Territory to host the $12 billion liquefied natural gas plant in two months, as it prepares for further drilling in the Darwin Habour.
Babcock & Brown Communities Group and Babcock & Brown Wind Partners Group, which both hold assets in Western Australia, have reported skyrocketing full year net profits today.
Fortescue Metals Group Ltd and its chief executive Andrew Forrest will head to court in April next year to fight claims made by the corporate watchdog.
Premier Alan Carpenter's election pledge to legislate a uranium ban may cost the country some $200 million in investment as one Canadian company considers a withdrawal from its Australian assets.
West Perth-based minerals explorer Altera Resources Ltd is set to change its focus and board after entering a $10 million scrip deal to acquire Clean Global Energy Pty Ltd which has access to intellectual property for underground coal gasification.
A loss in property revaluations has taken the shine off an increase in retail sales for Bedshed owner Joyce Corporation Ltd, which posted a net profit fall of 34 per cent for the 2008 financial year.
West Perth-based electrical engineering company LogiCamms Ltd has beaten its earnings forecasts by 18 per cent after booking a full year net profit after tax of nearly $2.9 million in its first year as a listed company.
A loss of over $9 million from its waste renewable division has impacted Perth-based engineering company GRD Ltd’s half-year earnings, which slumped to a loss of $438,000.
Australia's top companies are failing to follow global guidelines on bribery and corruption reporting and fall short of world's best practice, according to research by the Association of Chartered Certified Accountants and Net Balance Foundation Ltd.
A day after delivering a record first half profit, Woodside Petroleum Ltd has started production at its Vincent oil project off the North West Cape in Western Australia.
Capacity at Port Hedland's inner harbour is set to increase to cater for the iron ore expansion projects by BHP Billiton, which today secured an agreement with the state government.
Families to carry gas firm's $2.5bn tax; Investors take flight amid doubts over Macquarie's model; Westfield's big year ahead; Premier admitted to uranium compo risk; Asset sales to the rescue as GPT reports huge plunge
For most manufacturers, a $5 billion order book represents a pretty ambitious target - even more so when the company is a shipbuilder from the small suburb of Henderson, Western Australia.
When Suzannah Vaughan was appointed to run the first floating production storage and offloading vessel to work offshore India, she believed it was another significant step in her family's connection with the subcontinent and oil.
Western Australia's labour shortage may be top of the election agenda for the state's peak business lobby group, but the recruitment of blue-collar overseas workers is set to become more difficult, according to the migration industry.
Uranium miner Paladin Energy and iron ore miner Fortescue Metals Group have for the third year running maintained their status as the top performing Western Australian stocks, based on rolling five-year returns.
Like many Perth restaurateurs, Maurizio Restaurant proprietor Maurizio Di Ciano believes the hospitality industry has a perception problem with regard to the career options available.
The recent decision by two of Western Australia's microbrewers to sell up could present growth opportunities for the industry's remaining players, according to Gage Roads CEO Nick Hayler.
