Latest Headlines

Consulting is now big business

AS organisations have restructured, downsized, privatised and globalised, consulting has expanded.The industry is reckoned to be worth $50 billion per annum worldwide. Estimates suggest it is worth $3.5 billion per annum in Australia.

Fuel price relief unlikely

HOUSE prices in outer Perth suburbs collapsed, it was hard to sell old gas guzzlers and there were predictions that the world would run out of oil about now.

RBA retains interest rate

INTEREST rates may rise another 0.25 per cent before coming down.The Reserve Bank of Australia’s governors decided to keep the official interest rate at 6.25 per cent at their meeting on Tuesday.

Broome’s bold blueprint

A BLUEPRINT for the future of Broome growing at an annual estimated rate of seven per cent will provide huge tourism investment and business oppor-tunities in the State’s north west.

Local documentary wins US award

FREMANTLE-based Prospero Productions has won the Golden Spire for Television (Current Events) award at the 2000 San Francisco Inter-national Film Festival for its one-hour documentary Paying for the Piper.

Refund tardiness threatens cash flow

THE delay in refunding GST from the first Business Activity Statement to large businesses – who lodged their second BAS late last month – does not augur well for the hundreds of thousands of smaller businesses due to lodge their first BAS on November 11,

Reply-in-five promise fails

THE Australian Tax Office’s Reply-in-Five GST response service has broken down - resulting in major confusion and potential financial cost for thousands of small business operators, says CPA Australia’s senior tax-counsel Paul Drum.

Tax tips and traps

Do I need to fill out both the BAS and IAS forms?No. If you are registered for the GST, you will need to complete a BAS.

Education a builders’ money spinner

STRONG international demand for WA’s higher education services is providing builders with a steady stream of money.

Heritage talks constructive

CONSTRUCTIVE consultations between the Heritage Minister Graham Kierath and the property industry would result in a more balanced approach to the Heritage Bill, according to the Property Council.

Conduct rules made clearer

UNCONSCIONABLE conduct rules have been clarified with the Australian Competition and Consumer Commission winning its case against a WA landlord.Owners of the Farrington Fayre shopping centre (now known as Leeming Shopping Centre) were found to have unfa

Wait, home builders told

PROSPECTIVE home builders should wait until early 2001 before starting work, according to Hegney Property Valuations general manager Stewart Kestel He said labour costs, which accounted for about 45 per cent of the cost of building a new home, have been s

Power offers Alinta a growth option

WHILE nobody is sure exactly what the privatised AlintaGas will do, cornerstone investor the Utilicorp United-United Energy consortium is sure to act quickly to grow the utility’s market.

Green power adds price pressures

ELECTRICITY costs in WA are likely to rise due to the Federal Government’s push to make power generation “greener”.

Power competition call

ELECTRICITY market deregulation is crucial to make WA’s businesses more competitive, says Chamber of Commerce and Industry industry development officer John Rampton.Mr Rampton said WA had high electricity costs compared to other states.

Coal future put under review

WESTERN Power has told coal miners to reduce prices or face a heavily reduced demand for coal.The utility is WA’s biggest user of coal, burning about five million tonnes a year for power generation at Muja, Collie and Kwinana power stations.

Winter adds to diesel blues

WHILE petrol prices appear to have stabilised, diesel continues to rise.OPEC’s increased production appears to have paid off at the fuel bowsers, but the approaching northern hemisphere winter is increasing the price of diesel.

Propane system a gas

KLEENHEAT Gas is offering a propane diesel substitute.The system reduces black smoke and total greenhouse gas emiss-ions and engine oper-ating costs and boosts efficiency.

Thompson’s mining post

THE Department of Minerals and Energy has appointed Simon Thompson as director of its Mining Operations Division.Mr Thompson will be responsible for administrating the Acts and Regulations for the State’s mining industry, including health, safety and en

Media man joins Internet team

PERTH company Internet Business Corporation Ltd has appointed James Walker as its media and public relations manager for its WA head office.

Senior staff reappointed

PRIMARY Industry and Fisheries Minister Monty House has re-appointed two of his most senior staff.Graeme Robertson was re-appointed chief executive of Agriculture WA for a five-year term while Peter Rogers has been appointed CEO of Fisheries WA extended

Free presentation box with each watch from Time Wave

*Free presentation box with each watch from Time WaveNow is the time to take advantage of Time Wave’s spring special!High quality timepieces, classic styling accented with your logo or message.

Experience a Bali spice rush

IT SEEMS to me that the western end of James Street, around Russell Square, Northbridge, is becoming a zone of Asian dining which makes it more intriguing.


PEMBERTON’s BLACK George Winery will release two new wines this month: the Warren River 2000 Classic and the Warren River 2000 Verdelho.

CEOs still banking big salaries

AT A time when bank fees are escalating at an astronomical rate there is yet another orgy of rewarding salaries and options being paid to chief executives of major banks.The latest is the Commonwealth Bank. Its shareholders will meet next month to decid

Social Security amnesty on foreign pensions

THE Federal Minister for Family and Community Services, Jocelyn Newman, has announced an amnesty for Social Security recipients who have failed to declare their foreign pensions to Centrelink.

Call for RBA to stop our dollar’s slide

RESERVE Bank intervention could return some sanity to the currency market, according to David Hudson, chairman of the asset allocation committee of Merrill Lynch Investment Managers.

Weekly commentary

Weekly commentaryEconomy: The only data released last week was the Retail sales figures, which rose 5.4% for 12months to August. The RBA followed the lead of the U.S Federal Reserve, & left official interest rates unchanged.

Royalties disparity

WA’S mining industry contributes about 45 per cent of the value of Australia’s mineral production yet mineral royalties paid to the WA Government are only about 31 per cent of the total royalties paid.