Biotech company Admedus has completed an oversubscribed $8 million share placement as it looks to push marketing for its CardioCel regenerative tissue product in Europe and the US.
Perth-based private company QCG Resources has announced plans to raise up to $60 million in an initial public offering to fund its purchase of the mothballed Avebury nickel mine in Tasmania.
Perth-based oil and gas services company Coretrack has signed a deal to acquire unlisted fraccing technology developer Ecopropp in an all-scrip transaction worth about $17 million.
Rail operator Aurizon is looking to abolish workplace agreements that ban it from forcing staff into redundancies, as the company moves to cut another 480 jobs from its workforce.
Nextgen Group has signed a deal with oil and gas giants Shell and Inpex under which the communications company will build a fibre optic cable to service operators in the state's north-west.
The Dow has closed at a fresh record high as US stocks rallied, with investors shrugging off mixed earnings reports and uncertainty over the Russia-Ukraine crisis.
The Fremantle Dockers are closer to securing new training facilities in Cockburn with $10 million allocated in yesterday's budget but a pitch for funds by crosstown rivals the West Coast Eagles proved less successful.
In this week's edition of Business News Background, head of content Mark Pownall and news editor Mark Beyer discuss the state budget and its implications for business, plus the upcoming federal budget, Aquila Resources and Esperance Port.
Mineral sands explorer Sheffield Resources has raised $11.5 million through a share placement as it works towards completion of a pre-feasibility study at its Thunderbird project.
Beverage importer Phoenix Beers has added Scottish brewery BrewDog to its growing stable of international craft beers, signing an agreement to distribute about 1,000 cartons per month of the highly
Former Australian cricketing great Adam Gilchrist has stepped down from the board of sandalwood producer TFS Corporation, citing increasing media commitments.
Gross domestic product growth will stay below three per cent in the second half of this year and won't get too far above that in 2015, the latest forecasts from the RBA show.
A six-storey apartment complex in South Hedland is on track to be built within eight days, 20 per cent faster than originally estimated by modular builders Hickory Group.
Treasurer Mike Nahan says the government could generate proceeds of up to $3 billion through the sale of several assets earmarked in the budget as candidates for privatisation.
Red Mountain Mining expects to complete by the end of the year a definitive feasibility study at its Batangas gold project in the Philippines after appointing Como Engineers to undertake the initiative.
The Australian dollar remains well above 93.5 US cents after better than expected employment figures fuelled hopes of a sustained jobs market recovery.
Two major events last week highlighted the private sector's desire to deliver new port infrastructure, and it's a trend the Barnett government could take even further.
The state's gold sector fears it will be tapped for hundreds of millions of dollars in additional royalty revenue banked by the Barnett government in its latest budget.
The government appears to have reacted to pre-budget industry fears by declaring only modest cuts to new housing market entrants' stamp duty concessions, however it still earned the wrath of some industry players.
The Barnett government has trimmed back its record capital works spend further, deferring spending on key infrastructure projects including the Swan Valley Bypass.
