Property developer Finbar International Ltd's 50 per cent owned subsidiary, 375 Hay Street Pty Ltd, has purchased a section of the old Royal Automobile Club of WA base for $5.5 million.
WA-based PharmAust Ltd's wholly owned subsidiary Epichem Pty Ltd, in collaboration with Murdoch University and Centre for Drug Candidate Optimisation, have received $240,000 in funding.
Perth-based property investor Aspen Group has raised $22 million from placements with insitutional shareholders to fund new acquisitions as it forecast an improvement in earnings for the current financial year.
Cazaly Resources Ltd has lodged its second submission to the Western Australian Department of Industry and Resources in support of its application for the Shovelanna iron ore project, responding to Rio Tinto Ltd's opposition.
Major Chinese group Shandong Yuansheng International Trading Co Ltd is understood to have confirmed that it will take up almost 20 per cent equity in Cape Lambert Iron Ore Ltd through the purchase of securities on market.
Development of the North West Shelf Venture's $1.6 billion Angel gas and condensate field off the north west of Western Australia will begin immediately following final investment decisions by all of the joint venture participants.
The Nationals WA leader Brendon Grylls will join a State Government taskforce that is being set up to investigate the viability of a biofuels industry in Western Australia.
Rio Tinto today announced it is committing $6 million towards community partnerships over the next three years as it was confirmed that Janet Holmes à Court and Fred Chaney would join its WA Future Fund Board.
Curtin University of Technology has won a grant of almost $1 million over three years to investigate the treatment of wastewater for indirect re-use, as part of the efforts to address the decline in Perth's drinking water supplies.
An increasing number of investors and families are turning to our small country towns for recreational, lifestyle and employment opportunities, according to Nationals WA.
Telstra Corporation Ltd has notified the Australian Competition and Consumer Commission of an access dispute with Optus Mobile Pty Ltd and Optus Networks Pty Ltd, under Part XIC of the Trade Practices Act 1974.
The Australian Communications and Media Authority is proposing that a new community service radio service be made available to serve the Perth city area.
A new online application system could cut almost $5 million from annual building compliance costs in Western Australia, according to the WA Local Government Association.
WA is leading the country in employment growth with +35 per cent of employers forecasting positive changes to staffing levels in the January to March quarter of 2006.
Taxpayers are paying significantly more to comply with state taxes administered by the Office of State Revenue in Western Australia compared to just five years ago, according to a survey by the Institute of Chartered Accountants.
Perth-based Nido Petroleum Limited has announced that it will raise $19 million to develop its Galoc Oil Project in the North West Palawan Basin, offshore Philippines.
Australia will see continued expansion in minerals production and exports with high levels of capital expenditure in mining, smelting and refining set to continue, according to a recent survey.
The state government's Core Consultative Committee on Waste has made three grants of to community groups in Bencubbin, Kalgoorlie and Northam to fund an examination of potential hazardous or industrial waste sites.
The first half of 2005-06 has been one of the most active sales periods in the Perth CBD for many years according to Knight Frank, which has sold more than $50 million worth of buildings in the last few months.
The Western Australian division of the Property Council of Australia has warned that the shortage of property across all sectors in the market will not ease for at least two years.
