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    Merry Christmas and a Happy New Year

    Merry Christmas and a Happy New Year

    22 Dec 2006 by Mark Pownall

    From everyone here at WA Business News we'd like to wish you all a merry Christmas and a happy New Year. We plan to give your inbox a rest for a few days and resume transmissions on January 3. ...

    Perth CBD property sales double in 2006 to $853m

    Perth CBD property sales double in 2006 to $853m

    22 Dec 2006 by Edited announcement

    Sales of commercial and retail property in Perth's central business district have boomed during 2006, almost doubling by value in the past 12 months according to real estate research group Cityscope. ...

    Hybrid Biosciences signs Chinese research deal

    Hybrid Biosciences signs Chinese research deal

    22 Dec 2006 by Andrew Hobbs

    Floreat-based biotechnology company Hybrid Biosciences Pty Ltd has licenced its hybrid vigour-isolating technology to a Chinese research centre for research into its applications in rice-growing. ...

    Dragon to acquire Eurogold's Saulyak mine for $13m in scrip

    Dragon to acquire Eurogold's Saulyak mine for $13m in scrip

    22 Dec 2006 by Edited announcement

    Perth-based precious metals explorer Dragon Mining NL has announced plans to purchase the main asset of fellow Perth company Eurogold Ltd, the Ukranian Saulyak gold project, in a scrip deal worth $13 million. ...

    Deep Sea Fisheries raises $15.8m in fishing rights, boat sale

    Deep Sea Fisheries raises $15.8m in fishing rights, boat sale

    22 Dec 2006 by Edited announcement

    Fremantle-based Deep Sea Fisheries Ltd has raised $15.8 million through the tender of its fishing rights in the Northern Prawn Fishery and sale of three fishing vessels. ...

    Residential housing downturn: REIWA, MBA

    Residential housing downturn: REIWA, MBA

    22 Dec 2006 by Andrew Hobbs

    Talk of a downturn in Western Australia's residential property sector has strengthened, with both the Master Builders Association and Real Estate Institute of Western Australia flagging it as a problem. ...

    Tasman signs $6.5m joint venture with WCP Resources

    Tasman signs $6.5m joint venture with WCP Resources

    22 Dec 2006 by Edited announcement

    Perth-based metals explorer Tasman Resources NL has signed a $6.5 million joint venture with Sydney-based WCP Resources Ltd on the Lake Torrens Iron Oxide, Copper, Gold and Uranium project in South Australia. ...

    EDI Rail-Bombardier signs $160m railcar deal with WA Govt

    EDI Rail-Bombardier signs $160m railcar deal with WA Govt

    22 Dec 2006 by Edited announcement

    The Western Australian Government has signed a $160 million contract with EDI Rail-Bombardier Transportation Pty Ltd for 45 new railcars to service growing passenger numbers on Perth's rail network. ...

    Westralia Airports chair to lead Competition Council

    Westralia Airports chair to lead Competition Council

    22 Dec 2006 by Edited announcement

    Westralia Airports Corporation and Exports Grain Centre chairman David Crawford has been appointed president of the National Competition Council, after serving as acting president since 2004. ...

    Vodafone buy boosted November earnings, says Commoditel

    Vodafone buy boosted November earnings, says Commoditel

    22 Dec 2006 by Edited announcement

    Nedlands-based mobile phone company Commoditel Ltd has announced a positive cashflow from its recent acquisition of a mobile post-paid customer base from Vodafone Australia. ...

    McGauran grants wheat export licence to CBH

    McGauran grants wheat export licence to CBH

    22 Dec 2006 by Staff Reporters

    Federal Agriculture Minister Peter McGauran has granted an export permit to Co-operative Bulk Handling for the export of 500,000 tonnes of wheat to Indonesia, and to Wheat Australia, for 300,000 tonnes to Iraq. ...

    Mount Gibson to acquire Aztec with 90.06% acceptance

    Mount Gibson to acquire Aztec with 90.06% acceptance

    22 Dec 2006 by Edited announcement

    West Perth-based Mount Gibson Iron Ltd will compulsorily acquire Aztec Resoruces Ltd after receiving 90.06 per cent of shares in its takeover target. ...

    70% of forestry MIS fees must go to trees: ATO

    70% of forestry MIS fees must go to trees: ATO

    21 Dec 2006 by Andrew Hobbs

    Forestry managed investment schemes will have to prove 70 per cent of their plantation investment fees are spent on trees rather than commission before investors can claim full tax deduction, under new taxation arrangements announced today. ...

    Riverside Drive freeway access re-opened

    Riverside Drive freeway access re-opened

    21 Dec 2006 by Edited announcement

    As work on the Southern Suburbs Railway progresses, freeway access from Riverside Drive has re-opened and Perth has regained an improved foreshore, says Planning and Infrastructure Minister Alannah MacTiernan. ...

    IBT acquires UK education consultants in India for $9.4m

    IBT acquires UK education consultants in India for $9.4m

    21 Dec 2006 by Edited announcement

    Churchlands-based education provider IBT Education Ltd has acquired India-focused British education consultancy company Study Overseas Ltd and its associate, Employment Overseas Ltd, for around $9.4 million. ...

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