Fraser Beattie

Litigation funder IMF Bentham has announced it will fund a shareholder class action against former directors of collapsed miner Kagara, which went into administration in 2012.

Perth-based agribusiness Wellard has warned the market of yet another profit downgrade, its third since February, with the Perth-based agribusiness now expecting a $15 million net profit at best.

Apartment developer Finbar Group has unveiled plans to build a three-tower residential complex in Applecross, with the project expected to fetch $350 million.

The auditor general has slammed Liberal ministers Peter Collier, Kim Hames and Liza Harvey for withholding information in parliament.

Local minerals explorer Kasbah Resources has received a takeover offer from a Vietnam-focused nickel miner, which values the target at about $21.1 million.

Automotive Holdings Group has announced an unusual 12-month leadership transition under which current managing director, Bronte Howson, will become special counsel, while also getting a special cash payout and potentially early vesting of long-term performance rights.

Western Australia's state-owned electric utility Western Power says it will cut 175 jobs on top of more than 320 positions that were axed in June.

Heron Resources is the latest company to announce plans to spin-out its non-core assets into a new company, following similar recent movements by Metals X, TNG and Indiana Resources.

Brendon Grylls has snatched back leadership of the WA Nationals and will press the Barnett government to support his plan to slug BHP Billiton and Rio Tinto with a $5 per tonne mining tax.