Mark Pownall

AIM-listed Davos Resources Plc has agreed to pay more than $71 million for the key assets of failed group Croesus Mining NL, whose remnants are also subject to a recapitalisation offer from company rehabilitators Ascent Capital Holdings Pty Ltd.

Advance Healthcare Group Ltd and dissident shareholder PharmAust have clashed again, even as they headed to mediation over litigation from an August meeting of AHG shareholders.

Perth marine, oil and gas services company, Neptune Marine Services Ltd, has announced its fourth acquisition in a busy six months with a deal to buy Subsea Developments Australia.

The retail trading debate is on again. This time I have far less sympathy for so-called small business than before.

Perth marine, oil and gas services company Neptune Marine Services Ltd has announced its fourth acquisition in a busy six months with a deal to buy Subsea Developments Australia.

Advance Healthcare Group Ltd has questioned claims by dissident shareholder PharmAust Ltd which made a surprise merger offer on Friday.

The market may be getting the jitters over commodity prices but there are still a host of resources-related floats seeking to make the most of the buoyant capital markets.

Nedlands drug discovery and manufacturing group PharmAust Ltd has made a surprise $2.3 million merger proposal to Australian Healthcare Group Ltd.

Mining operations in the northern Goldfields have been disrupted by heavy rains as a storm associated with Tropical Cyclone Isobel moved south across the region and is expected to hit the south coast later today with 100km/hr winds.

Booming motor vehicle sales in Western Australia have bucked the national trend, as every other market fell dragging the national total into negative territory.

High profile corporate lawyer Neil Fearis has returned to the big end of town, taking on a role as special counsel with Minter Ellison after seven years in boutique practice.

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.

It must the season for it. Two of Western Australia's most high profile businessmen - Graham Melrose and Franklin Tate - have this week sold down big stakes in the companies they took to the ASX and which subsequently ran into trouble.

Rockingham-based veterinary pharmaceuticals manufacturer Chemeq Ltd has seen a 50 per cent jump in its share price following the announcement today that founder Graham Melrose had quit his stake in the company.

What a year it has been.

Local government is one of those subjects that tends to agitate business.

There’s no doubt that Nigel Satterley is the man of the moment. He’s on top of his game at a time when his game is the central focus of almost anyone who isn’t running a mine.

It has been some months since George Etrelezis left the Small Business Development Corporation, but the former chief of the state government authority remains as passionate about the sector as ever.

Nedlands-based pharmaceutical company PharmAust Ltd will take a 39.5 per cent stake in Nasdaq-listed US-based Commonwealth Biotechnologies Inc in exchange for its discovery chemistry subsidiary, Mimotopes Pty Ltd.

Some years ago, in conjunction with accounting firm Deloitte, we launched the concept of Rising Stars – a search for the growth companies of the future that often hide among the unlisted sector.

Forming banking chief and high profile director Tony Howarth has taken on the chair of The Committee for Perth to help steer the state out of what he sees as a state of crisis - procrastination over decisions to make its capital more liveable.

As the world of academia has changed, so too have the remuneration packages of the state’s public university vice-chancellors.

Last week, we tried to look at the nuts and bolts of the taxi industry, which has been struggling under a yoke of over-regulation for at least a decade.

Here at WA Business News, we like to think of ourselves as the thinking person’s media.

It is with a great deal of caution that I wade in to comment on the current Corruption and Crime Commission matter relating to the proposed Canal Rocks development at Smiths Beach in the Shire of Busselton.

Western Australia continues to dominate motor vehicle sales growth among the states, with year-to-date sales to the end of October up more than 10 per cent to 9,591 when compared to the same period in 2005.

An increase in the number of air travellers has helped keep Westralia Airports Corporation Pty Ltd flying high this year, but property deals have provided the thrust for the Perth Airport owner to record a bumper net profit of $17.3 million, triple the pr

Just in case anyone mistakes my cynicism last week about daylight saving suddenly having emerged on the political agenda, it was the process, not the outcome, I was commenting on.

Western Australia quietly lost yet another cooperative in recent weeks, with the decision by automotive parts distributor Capricorn Society to become an unlisted public company.

More air travellers have helped keep Westralia Airports Corporation Pty Ltd flying high this year but property deals have provided the thrust for the Perth Airport owner to record a bumper net profit of $17.3 million, triple the previous year's result.

Daylight saving is an issue that I welcome back onto the agenda, even if I am deeply suspicious about how it has suddenly woken from its coma after more than a decade on drip-feed.

The wine business has bruised more than a few entrepreneurs in recent years but it certainly didn’t dissuade the Rathbone family from stepping across the Nullarbor to claim their own piece of Margaret River.