The market capitalisation of listed companies in Western Australia returned to positive territory during February, rising 2.7 per cent to $159.3 billion, the Deloitte WA Index showed.
A Fleetwood Corporation subsidiary has won a $7 million contract from the state government to build the workers' accommodation village for the Ord-East Kimberley expansion project.
Shares in Territory Resources surged higher today after the iron ore miner reported a turnaround in first half earnings to book a net profit of $13.7 million.
Beatty Park Leisure Centre and the City of Canning were big winners in the latest round of state government sporting and recreation grants, snaring $2.5 million each from a $20 million pool.
The federal government plans major reforms to the Franchising Code of Conduct, including a new requirement for franchisors to produce a plain English guide to their business, in order to better protect franchisees.
Drilling specialist Swick Mining Services has raised $17.5 million that will be used to return a number of idle rigs to work over the next six months and for new growth opportunities.
The state government is hoping that up to 300 public servants will take up redundancy offers made to them as part of Treasurer Troy Buswell's plan to trim employee costs in the public sector.
Online stock market discussion forum, HotCopper, will put forward initial public offers through its website and return 50 per cent of all broker commissions to subscribers in a move that is set to shake up the traditional IPO market.
The state government has reported a large operating surplus for the month of December and has narrowed the operating deficit for the half-year to $259 million, the latest quarterly budget report shows.
Sandfire Resources says it has raised $51.6 million through a share placement, more than the targeted amount, with funds to be applied to the Doolgunna copper-gold project in Western Australia.
Water Minister Graham Jacobs and Treasurer Troy Buswell have today announced the first public private partnership for the state's water industry with the Water Corporation calling for expressions of interest to work on upgrades at Mundaring Weir.
Magellan Metals has restarted processing operations at its Wiluna lead mine, the operation at the centre of the Esperance lead saga more than three years ago.
Specialist equipment provider RER Group, formerly Repcol, has reported a 54 per cent surge in underlying earnings for the half-year ending December 2009.
New research has revealed Western Australia small business employees could enjoy pay rises, more incentives and upgraded work equipment if banks abolished business account fees, a new survey shows.
Mortgage broking businesses LJ Hooker Financial Services and Southern Cross Broker Network have teamed up to maximise the potential of their broking capacities through WA and Victoria.
Base metals miner Kagara has returned to profitability with a $100,000 net profit for the first half of the 2010 financial year, compared to a loss of $34.4 million in the previous corresponding period.
Reduced business activity, increased costs on contracts and one-off restructuring costs have weighed on RCR Tomlinson's first half profit which has fallen 14 per cent on the previous corresponding period.
West Perth-based Automotive Holdings Group has swung to a record net profit after tax of $33.6 million for the six months to December 31 2009, after improved market conditions with an increase in demand in the new and used vehicle markets.
Recently listed Matrix Composites and Engineering says its on track to exceed its prospectus full-year forecasts, today booking an interim profit turnaround to $7.4 million.
Office equipment financing company ThinkSmart says a new product has the potential to increase its UK footprint four-fold as it today posted a record cash net profit of $7.5 million for calendar 2009.
Civil contractor Brierty says it has secured new contracts worth more than $20 million, including the rehabilition of a Kimberley mine for a company jointly owned by Xstrata and Teck Resources.
The state government has allocated a further $31 million towards the new Albany Health Campus after savings were identified on other health capital works projects.
The globally-respected Western Australian School of Mines campus in Kalgoorlie will inevitably be closed unless far reaching changes are made, some of the school's most prominent graduates have warned.
Private construction company Ertech has been awarded a contract by the state government for accommodation village site works as part of the $220 million Ord-East Kimberley expansion project.
Diversified industrial group Schaffer Corporation says a combination of factors inculding the ongoing volatility of the Australian dollar has made forecasting difficult as it today booked a 7 per cent increase in first-half net profit to $3.6 million.
