Pilbara on brink of industrial war; Barnett ponders power synergy; $6bn Western Power upgrade in doubt; States file 'weak' $235bn project wish-list; HBOS loses $1.1bn on BankWest as Commonwealth takes cake
Perth-based Incremental Petroleum Ltd today dismissed suggestions by Cooper Energy Ltd that it has insufficient cash to fund its growth strategy as "scare mongering".
Perth-based Resolute Mining Ltd has unveiled an ambitious $51 million capital raising with funds to go towards the continued re-development of its African gold project which is expected to begin production this month.
Some good and bad news for home buyers with one research firm saying the property cycle looks to have bottomed out while a survey from another says trading conditions are likely to deteriorate over the next six months.
The owner of the Dampier to Bunbury natural gas pipeline anticipates construction work as part of the next stage of its $700 million expansion plans, will begin early next year.
Cape Lambert Iron Ore Ltd has offered a board position to disgruntled shareholder Power United as the dispute, which involved court injunctions, is settled.
State opposition leader Eric Ripper says the state runs the risk of higher electricity prices if Premier Colin Barnett pushes ahead with the re-amalgamation of Verve Energy and Synergy.
West Perth-based Royal Resources Ltd will sell its Pilbara iron ore project to its neighbour Giralia Resources Ltd for $3.2 million in cash and shares.
Perth-based agricultural investment manager Great Southern Ltd has unveiled its revised restructure plans after a falling share price forced it to go back to the drawing board.
Commerce Minister Troy Buswell said the new government would not stand in the way of the City of Bunbury's application to open Sunday trading to all general retailers from early next year.
A one-off expense associated with the takeover of Western Australia-based Home Building Society has slightly dented Bank of Queensland's net profit, which slipped 2 per cent for the 2008 fiscal year.
South-Perth based Cooper Energy Ltd chairman Laurie Shervington today said KPMG's valuation of its hostile takeover target Incremental Petroleum Ltd was out with the fairies.
The global financial turmoil appears to have hit the once impervious iron ore market after Mount Gibson Iron Ltd said some of its customers wanted shipments delayed, but other producers remain positive about the outlook.
WA facing power price surge; Pilbara strike will worry Japan: Barnett; Incremental gets super-confident report; Alcoa profit shortfall spurs run on Alumina; Santos scores top dollar in Moly gas deal
Western Australia remains the powerhouse of the nation and shows few signs of slowing despite the international economy continuing to feel the impact global financial crisis, the Chamber of Commerce and Industry of WA said today.
WHEN issuers of high-yield securities backed by sub-prime mortgages went on the sales offensive to investors in Western Australia in mid-2007, they pursued the three Cs - councils, churches and charities.
THE roll call of Western Australian businesses directly affected by the global credit crunch grew suddenly during the past week, with several listed companies changing their plans in response to the meltdown on Wall Street.
THE medical supplier behind a locally developed physiotherapy device is raising capital to float the business and enhance its presence in world's competitive medical arena.
SO far, so good...in fact, better than expected.
The Barnett-Nationals partnership government seems to have comfortably ensconced itself into power, which means those big white chauffeur-driven ministerial automobiles now have new passengers.
LEIGHTON Holdings Ltd has emerged as one of the most active buyers of small Western Australian businesses in the past year, paying more than $22 million for three service organisations that expanded its footprint in Perth and the South West.
A MID-DECADE housing industry boom in Australia, fuelled by an ultimately destabilising rate of population growth, diverts scarce resources, including funds, away from much more productive sectors of the economy.
THE details of the federal government's carbon trading system may not be finalsied, but one Western Australian carbon offset trader is hoping its early adopter status will be an advantage in the new legislative environment.
THE Australian stock market rebounded to close almost 2 per cent higher after the Reserve Bank of Australia slashed the cash rate by 100 basis points to 6 per cent.
INTRUSIVE telemarketing phone calls may become a thing of the past if the boundless potential of the search engine used for 85 per cent of internet searches in Australia - Google - can be realised.
THE list of carbon-offset firms in Western Australia continues to grow, as a new player with a combined horticultural/carbon sink project looks to enter the market.
Emeco Holdings Ltd managing director Laurence Freedman has increased his interest in the company through the on market acquisition of 1 million shares at a total cost of $790,000.
THE federal government's push towards mutual recognition of trades between states has raised concerns from peak professional body, the Australian Institute of Conveyancers WA Division.
