Latest Headlines

Stirling heads

Junior explorer Stirling Resources NL has followed the path of its peers and taken a dive into the sector’s financial waters.

Westel signs with One.Tel

WESTEL Group Limited has recently signed a contract with One.Tel Limited for the provision of local and freephone/local rate telephone number portability services by Westel’s subsidiary Concentrix.

Eclipse joins Deloitte’s operation

Deloitte Touche Tomatsu has acquired 20 per cent of the issued capital of Perth-based Eclipse Group.

Pilbara gains licence

PILBARA Mines NL telecommunications subsidiary Request DSL Pty Ltd has secured a telecommunications carrier licence, making it the third WA-based telco carrier.

Swift goes head on with Amcom

PERTH-based Swiftel Pty Limited has placed itself in direct competition with newly merged Amcom Telecommunications Limited.

WirelessNet grabbed by miner

AUSTRALASIAN Gold Mines NL has entered into a formal agreement to acquire 40 per cent of WirelessNet Pty Ltd.

Osmere Ltd relists

OSMERE Ltd has relisted its post consolidation shares on the Australian Stock Exchange as Online Advantage Limited after finalising regulatory approvals for the change.

GST biggest hurdle

THE GST is the biggest challenge facing small businesses, according to the May 2000 Small Business Opinion Survey.

Four young business people lauded

FOUR young business owners’ endeavours have been recognised at the WA Youth Awards.

Bank fees cripple small firms

FEES levied by banks appears to be the greatest small business banking concern according to Small Business Development Corporation managing director George Etrelezis.

Confidence rises in WA

SMALL business confidence is on the up in WA, according to the May 2000 Small Business Opinion Survey conducted by the Small Business Development Corporation.

Bonds may draw GST boost

From 1 July 2000, the tax situation of life companies is changing.

Trust assets to hit pension payments

Federal legislation to be introduced as early as July this year will affect all benefit and pension payments, except the Family Payment, from 1 July 2001.

Business market holds banking future: NAB boss

THE future of the banking industry lies with the lucrative business banking market – not small retail customers – says newly appointed National Australia Bank Australian Financial Services CEO Mike Pratt.

Ezier banking hits WA

THE INCREASING number of banking services available in the retail environment are helping busy business people save time.

St George in pursuit of Scot

ST GEORGE Bank is to acquire the Scottish Pacific Business Finance Group for $42 million.

National makes number one

INDEPENDENT research house ASSIRT found National Australia Bank has consolidated its position in the funds management industry, receiving the number one ranking in terms of net inflows for the March 2000 quarter.

Electronic money moving a priority

THE ABILITY to move capital electronically is a key priority for business banking clients, says HSBC head of corporate affairs Colin Neathercoat.

Internet banking an SME plus: survey

INTERNET banking is helping small-to-medium enterprises save time and energy, according to Small Business Development Corporation managing director George Etrelezis.

25-year business loan launched

A business loan with twenty-five years to repay is being offered for the first time in Australia.

Moorings development raises security bar

THE $57 million Moorings development in North Fremantle has raised the bar for security levels in the Perth property market according to project director Andrew Lang.

Mt Henry releases nine more

A FURTHER nine residential lots have been placed on the market at Mt Henry estate, Salter Point as part of Stage 4B.

E-com to benefit quality property

QUALITY industrial property will be the sector with the most to gain if electronic commerce does eventually make inroads into retailing in Australia according to the May Property Market Review by Macquarie Bank.

Property props up WA finances

The recent State budget confirmed the continued reliance of the State Government on the property industry for revenue.

Peet to form land syndicate

A NEW land syndicate will be formed in the next few weeks by real estate agents and developers Peet & Company Limited that aims to raise about $2.8 million.

East Perth gains set to continue

EAST Perth will continue to enjoy strong price growth as long as more commercial and shopping facilities are incorporated into the area, says Hegney Property Valuations managing director Gavin Hegney.

Lifestyle decade dawning

THE coming decade is shaping up as the lifestyle decade with lifestyle housing one of the biggest stories in the residential sector, according to a report by Macquarie Bank.

Perth draws Indonesian funds

Australia is the number one destination for Singaporean, Indonesian and Malaysian property investment funds sent overseas, Peter Thng of HSR Realtors told a joint Property Council of Australia and Chinese Chamber seminar recently.

Perth property owners communicating

Building owners and telecommunications companies are gradually reaching agreements on access to enable installation of telecommunications facilities.