Latest Headlines

Listed WA property group Port Bouvard Ltd has advised the market that it had decided not to proceed with the syndication of its Oceanique Luxury Apartment development.

Cedar Woods Properties Ltd has reported an interim net profit of $4.6 million, maintaining its full year net profit forecast of approximately $20m, which will be a record for the company.

Earthmoving player NRW Holdings Ltd announced an interim net profit of $22.3 million, which it says puts it on track to at least achieve its full-year prospectus forecast of $40.2 million. Shares in the company were marked down almost 6 per cent today.

The Court of Appeal of the Supreme Court of Western Australia has today dimissed Uranium Equities' appeal in which it sought to assert a claim to some of Energy and Minerals Australia tenement holdings at Mulga Rock, located north of Kalgoorlie.

Gindalbie Metals has appointed former managing director of Grange Resources, Geoff Wedlock, to the board as non-executive director.

Western Australian-based Indian Sandalwood grower, TFS Corporation, has announced today its interim results for the first half of the year and advised that it expects an increase in full year net profit after tax of at least 15%, and 13% on an earnings pe

Telstra dazzles with 13% rise; Iluka axes dividend, plans $350m issue to fund growth; Clough tips strong year on $1b book; RBA fears food prices rise; Shares take off after $618 Qantas result

Leading national window coverings company Kresta Holdings Limited is on track to exceed last year's full year financial result after announcing a 45 per cent increase in net profit after tax for the half year.

Wesfarmers Kleenheat Gas has been taken to task in the Federal Court of Brisbane for varying the pricing for bulk LNG supplied to some commercial customers.

Specialist mining and energy software developer, ISS Group Ltd, has reported a significant boost in both revenue and profit for the six months to December 2007.

Civil construction firm Brierty Ltd has been marked down more than 5 per cent by the market today, on news that it had ended an acquisition deal and delivered an interim result which it says puts it on track to meet its prospectus forecast.

Chinese Iron and Steel Group has increased its stake in West Perth-based iron ore hopeful, Apollo Minerals Ltd, to 11.7 per cent following a placement of $2 million at 30 cents per share.

Mineral sands producer Iluka Resources Ltd has talked up the expansion prospects of its eastern states projects, after posting a full year net profit of $51.1 million in line with forecasts.

Western Australia continues to have the highest annual wages of all states at just over $63,000, around $3,500 higher than New South Wales, new Australian Bureau of Statistics data shows.

Shares in West Perth-based mineral explorer Haddington Resources Ltd soared as high as 66 per cent in intraday trade, following better than expected uranium findings at its Shoobridge project in the Northern Territory.

Base metals miner Perilya Ltd has confirmed it is in merger talks with CBH Resources Ltd, as the miner continues its strategic review.

The 3.5 star Emerald Hotel Perth is set for a major refurbishment following its sale to the Singaporean owner of Scarborough's Rendezvous Observation City Hotel for $25.1 million.

West Perth-based clean energy technology company, Carnegie Corporation Ltd, has acquired new solar thermal and wind aerofoil technologies, invented by its chairman Alan Burns.

International tests have confirmed that Collie coal is one of the most suitable coals for gasification in Australia, a result which the state government believes is a major step forward in the development of clean coal technology in Western Australia.

Silver Swan Group Ltd has announced the all-scrip acquisition of a portfolio of prospective gold, copper and base metal tenements in Western Australia's Murchison region from Mercator Gold plc.

Perth-based Indian sandalwood grower, TFS Corporation Ltd, has signed a five year deal with UK-based handmade cosmetics company Lush, for the supply of oil produced from TFS' plantations.

A planning appeal decision has cleared the way for Midwest Corporation to move its iron ore from road to rail.

ANZ's higher exposure to Centro; Woodside seeks more gas; Multiplex puts tower stake on the market; Trustee backs off from move on Palandri arm; Coffee price rise - it's bean a long time coming

It was a high-profile start for Alcoa Inc's new Australian chief, Alan Cransberg (pictured), stepping up to front a media conference alongside Chinalco president, Xiao Yaqing, after the two companies bought big stakes in takeover target Rio Tinto Ltd.

The Chamber of Minerals and Energy of WA believes mining companies are responding to the unique issues and challenges faced by fly-in fly-out workers and their families, with FIFO workers now making up just under half of the resources sector's total workf

With Perth's office vacancy rates at record lows, two major Perth lessees have finally pinned down space in new high rise developments in the CBD.

Companies that integrate corporate social responsibility practices into their business operations benefit from a significant reduction in staff turnover, new university research has found.

The state government is up for a big windfall in stamp duty from takeovers, with three big transactions theoretically providing at least $80 million this financial year.

Workforce shortages in the tourism industry have created strong demand for tourism graduates, with some providers registering close to 100 per cent employment rate for their students.

Local whisky lovers will be pleased to know that Western Australia will soon have a label of its own, with the Great Southern Distilling Company to release its first whisky in March.

The federal government is looking for quick answers from a review it has established into the ability of temporary skilled migration schemes to help ease labour shortages.

Someof Perth's top hospitality figures will gather for a feast on February 24 as La Chaîne des Rôtisseurs holds its annual charity brunch and auction, for the benefit of Lifeline WA.