Gold miner Newcrest Mining says it will not achieve its $25 million cost reduction target at the Telfer mine in WA due to slower natural attrition of the workforce and maintenance costs.
Debt-laden agribusiness investment firm Timbercorp has today appointed voluntary administrators, prompting concern for the managed investment scheme sector.
Global rebound 'next year' - IMF; PM to raid nation's reserves; Rio's China deal will save jobs; Renewed talk for BHP bid for rival; Stokes sees $500m Telstra stake as 'safe investment'
AUSTRALIA'S major banks have sought to reassure the business sector they are willing and able to lend, despite a record decline in commercial lending over the past year.
The Western Australian Trade Opportunities Service is operated by the International Trade Centre of the Chamber of Commerce and Industry of Western Australia.
THE property industry has called on the government to offer further tax relief to stimulate the market, despite forecasts of a decline in property tax revenue as a result of the housing market downturn.
A PERTH-BASED inventor has used $80,000 in government grants and some of his own money to develop an award-winning safety line he says would be on the market by year's end.
Two major Perth CBD commercial sales in recent weeks have given early indications of where values could be headed, after months without a major commercial office sale.
AFTER causing a stir in the 1990s with his ANREPS business, real estate veteran Tony Wiles is aiming to shake up the industry again with a new venture, online auction site geewhizauctions.
PERTH-BASED oil and gas explorer Buru Energy has unveiled a $41 million takeover bid by a company linked to its chairman, which has proposed to fund the offer out of Buru's cash reserves.
MINER Mount Gibson Iron has emerged from a difficult December quarter to post a healthy start to 2009 despite the ongoing uncertainty in the iron ore market.
THE state government has launched two initiatives to boost apprenticeships and training, but the opposition says the government's plans are short-sighted and inadequate.
THE computer games industry is burgeoning, with recent figures from market analysts in the US quoting double-digit year-on-year growth, while a similar trend in Europe has continued developments that have been ongoing for several years.
ONLY 55 per cent of directors agree that their chief executive officer's remuneration package is appropriate, according to an Insync Surveys and Board Benchmarking study on remuneration.
RECOGNISED as the most concentrated form of wealth on earth, the extremely rare pink diamond is one ultra high-end niche business that appears to be defying global commodity trends.
A CLOSE reading of last week's historic $53 million settlement between failed miner Sons of Gwalia's administrators and its former directors indicates that the final payout may be less than the headline figure.
THE size of Western Australia's legal practices has fluctuated only mildly during the past 12 months despite the sector's changing dynamics as a result of the economic slowdown.
THE legal landscape in Perth is as dynamic as it has ever been with new market entrants, unexpected mergers and surprise splits making waves in recent months.
MEMBERS of Perth's legal fraternity have confirmed that while insolvency enquiries have grown, the level of activity in the sector due to the downturn is lower than initially predicted.
LEGAL firms are amending their staff management and recruitment plans in light of the economic downturn with confirmation that the true worth of a practice can be found in the quality of its legal professionals.
