ANZ and Westpac have joined the other big banks, Commonwealth Bank of Australia and National Australia Bank in raising the standard variable home loan interest rate in line with the 25 basis point rise by the Reserve Bank of Australia (RBA).
The Economic Regulation Authority has progressed the development of one of the largest wind farms in the country after granting an electricity generation licence to the $750 million Collgar wind farm in the Wheatbelt.
Civil contractor Brierty has won an $18 million contract with Mount Gibson Iron for the construction of a haul road to the Extension Hill mine site located 260 kilometres south east of Geraldton.
Premier Colin Barnett says companies are reviewing their investment decisions in the state in light of the federal government's proposed new super tax on miners.
Toro Energy has decided not to exercise an option to acquire Deep Yellow's Napperby uranium project in the Northern Territory, saying the $57 million price tag is too high.
Patersons Securities has today opened its new office in East Perth after luring a smaller than expected group of advisers from RBS Morgans' Perth division.
United States-based IT company CSC has exteneded its relationship with Woodside Energy, today signing a $30 million, three-year IT contract with the liquified natural gas company.
Perth-based Dourado Resources has boosted its exploration portfolio following the acquisition of unlisted public company Zelta Holdings for $1.2 million.
The federal government is set to establish a new infrastructure fund with a starting base of $700 million to ready the country for future mining booms.
Miners and lobby groups have responded furiously to the federal government's intention to introduce a new resource super tax with BHP Billiton chief Marius Kloppers saying it will impact the future wealth of all Australians.
Education services provider Navitas has agreed to set up an international college at the Robert Gordon University in Aberdeen, its second deal with a Scottish university this year.
Traffic congestion around the Wellington Street train station will persist for another two months, after Transport Minister Simon O'Brien confirmed the Horseshoe Bridge re-opening had been delayed.
Jabiru Metals has given the go-ahead for the $32 million development of a second operation at the Jaguar copper-zinc mine, located 300km north of Kalgoorlie.
Dual-listed CGA Mining will become a strategic investor in Sierra Mining after agreeing to take a 10 per cent stake in the Perth-based explorer through a private placement.
The cost for sinking the railway line for the Northbridge Link has blown out by $100 million, months before a contractor is nominated to begin the project.
Shares in Po Valley Energy more than halved today after the Perth-based company warned that production and reserves at its Castello gas field in Italy may fall.
Great Southern subsidiary Rural Funds Management has escaped the clutches of its failed parent, paying $15 million to buy out the collapsed agribusiness' 70 per cent stake.
A survey of the country's oil and gas industry has revealed the sector paid $8.8 billion in tax in 2008-09, the highest level since data was first collected in 1987-88, the Australian Petroleum Production and Exploration Association says.
IT company ASG Group has acquired local SAP software provider Courtland Business Solutions in a multi-million dollar cash and scrip deal, opening up the SAP market to Oracle-focussed ASG for the first time.
Woodside Petroleum says partners in the Sunrise joint venture have decided on a floating liquefied national gas facility rather than an onshore plant at either Darwin or Timor-Leste (East Timor).
NDUSTRY has praised the state government for attempting to streamline the planning process, but is concerned reform won't come in time to avert a land supply shortage.
THE Master Builders Association has backed Western Australian builders' handling of the $16.2 billion Building the Education Revolution schools program, following claims of price gouging by builders in other states.
WESTERN Australia's town planners have shifted their focus from metropolitan residential planning to infrastructure and regional projects as a result of lingering effects of the financial crisis.
PRIVATELY owned property developer and investment firm, The Lester Group, has backed its positive view of the commercial property market by agreeing to buy an $8.5 million Subiaco office building.
FOR a high-paid chief executive, sleeping on a sheet of cardboard with only a mug of soup to sustain them on a cold winter's night is not a comforting thought.
