Shares in Atlas Iron have risen sharply in early trade as the iron ore miner enters into a long-term off-take agreement for its Pardoo project in the Pilbara.
Exporters taxed to boost borders; Qantas ditches BA merger; Bang goes the west's boom; Jilted shipowners sue FMG; Fahour is pushed aside as Clyne takes reins at NAB
The state's Economic Regulation Authority says a re-amalgamation of Verve Energy and Synergy will have adverse implications on the wholesale energy market.
Fashion brand Costarella Design will go back to its private roots after the company that owns it entered into a deal to acquire a liver disease treatment company.
Corporate recovery experts Ferrier Hodgson say they have received significant expressions of interest for the acquisition of copper miner CopperCo, which went into receivership last month.
Perth’s design professionals have appealed directly to the state government not to pull the funding rug from under it, as some projects are halted amid rumours of billions of dollars being slashed from the capital works program.
Perth-based Phosphate Australia has emerged as the best performing initial public offer for 2008, as the number of company listings in Western Australia more than halve as the financial crisis bites.
The state government has budgeted $2.4 billion for the Royalties for Regions scheme as it forecasts a net debt of nearly $17 billion in 2010/11, according to the mid-year economic review.
The continued high risk of Rio Tinto's debt following its Alcan acquisition has prompted international ratings agency Moody's to downgrade the miner's rating.
Wembley-based property developer and manager United Overseas Australia expects its 2008 profit to slump over 70 per cent, largely on the back of project delays.
Minemakers is targeting first production from its Northern Territory project next year as it unveils capital costs of around $100 million for Australia's largest phosphate resource.
Oil and gas explorer Salinas Energy will close its Perth office as its managing director transfers to California as part of restructure plans to help maintain the company's oil production profitability.
BHP Billiton says it will focus on brown-field expansion projects including its Western Australian iron ore operations, to help carry it through the current economic uncertainty.
WITH mining activity in the Pilbara forecast to double over the next ten years, demand for water in West Pilbara could outstrip long-term supply within the next two to six years.
Finsia Residential Property Outlook The strength of Australia's economy has been highlighted in recent years by its ability to withstand a number of internal and external events, including a major dro
I THINK it was Keith Suter who compared the global financial crisis to a 'big weekend' - too much to drink on Saturday, hangover on Sunday, cleansed and ready for work on Monday, the social commentator told a recent Technology and Industry Advisory Counci
NEXT year may be the year of the insolvency practitioner but the sector was certainly gearing up for business in 2008 as the older hands of the sector recognised the signs of a stumbling bull market.
WHEN Alcoa of Australia announced that it was embarking on a joint venture to develop the $100 million Warro gas project north of Perth, it underscored the biggest business issue of 2008 - energy security.
THE global credit crunch effectively put the brakes on the Western Australian property market during the latter part of 2008, limiting sales volumes and hampering the development of new projects.
AN already strained rock lobster industry took another hit late this year as new Fisheries Minister Norman Moore introduced strict limitations to an already tightly controlled field.