Resource Equipment has announced plans to raise up to $8.8 million through a share placement to a consortium of investors with experience in the equipment rental and water management industries.
More job losses are on the cards in the eastern states, with BP closing its Bulwer Island refinery in Brisbane and cigarette maker Philip Morris closing its Australian manufacturing operations.
Legal firm Maurice Blackburn says it is looking at launching a class action against QBE following the insurance giant's share price collapse in late 2013.
The S&P 500 has closed at a new record as US stocks rallied following solid economic data and Federal Reserve reassurance of support for the recovering economy.
Gold futures have fallen to a seven-week low as signs of stronger US economic activity and subsiding tensions in Eastern Europe sap investor interest in the haven asset.
A report by the Auditor General has found one in 10 government agency invoices were paid later than the required 30 day period, raising concerns of further pressure on small businesses.
Former Treasurer Troy Buswell has been charged with 11 traffic offences in connection with an early morning incident in Perth's western suburbs in February.
The state government has appointed veteran public servant Gail McGowan as the new director-general of the Department of Planning after an extensive search.
The share market has closed lower despite pulling back most of its early losses after official data showed a slight improvement in China's manufacturing activity.
Shares in West Perth-based junior Horseshoe Metals have soared after the company outlined plans to raise $2 million through a placement and rights issue in a deal with investor Michael Fotios.
Federal opposition leader Bill Shorten has led a rally of thousands of disgruntled educators in Perth, who have closed more than 100 schools with a strike protesting education funding cuts.
The Reserve Bank of Australia has kept the cash rate on hold, saying the current level of 2.5 per cent will help to stimulate growth while keeping inflation under control.
Southern Cross Electrical Engineering has forecast a big fall in net profit for the 2014 financial year, with intense competition for contracts squeezing its margins.
Three former directors of kitchen appliance distributor Kleenmaid have been charged with 20 criminal offences, including allegedly cheating Westpac of $13 million.
Alinta Energy has awarded engineering group UGL a $136 million contract to design and construct a high voltage power system which will supply electricity to the massive Roy Hill iron ore mine.
Perth's residential property market has come off the boil, with the Real Estate Institute of WA reporting patchy sales in the March quarter, while property analysts RP Data-Rismark said the city's
Harvey Fresh has been acquired by Italian dairy giant Parmalat in a deal which values the Western Australian milk and fruit juice company at about $117 million.
US stocks have surged on the back of a rebound in technology stocks, helped by Janet Yellen's assurance the Federal Reserve will continue to support the economy.
Former trucking boss Craig Mitchell has enlisted the help of prominent company directors and advisory firm Azure Capital to build a fast-growing network of quality service roadhouses across Western Australia.
Perth-based rail maintenance services business Gemco Rail has been awarded two contracts worth $5 million for the maintenance of trains on Perth's metropolitan railway network.
