Michael Ramsey

Cash-strapped oil and gas company Nexus Energy has warned shareholders it will likely be forced into administration if a planned takeover by Seven Group Holdings fails to win approval.

Amcom Telecommunications says it is on the hunt for new growth opportunities after raising $40 million through a share placement.

Aquila Resources will respond to a $1.4 billion joint takeover bid from listed railway operator Aurizon and Chinese steel giant Baosteel within the next two weeks following the dispatch of a bidders' statement today.

The war of words between online movie company Quickflix and a group of activist investors has heated up ahead of an extraordinary general meeting next week.

The competition watchdog has raised concerns the proposed sale by Wesfarmers of its east-coast LPG business to competitor Elgas could leave customers vulnerable to price increases.

Accounting firm Crowe Horwath has entered into exclusive takeover talks with a partnership between wealth management group Financial Index Wealth Accountants and private equity firm KKR Asset Management, snubbing rival bidder Anchorage Capital Partners.

Perth home sales are down 5 per cent on the same time last year with investors and first home buyers showing weaker interest, according to new data from the Real Estate Institute of WA.

Perth company director Ian Middlemas has presided over another lucrative takeover deal, after the board of Africa-focused Papillon Resources agreed to a $615 million all-scrip takeover by Canadian major B2Gold.

Legendary Western Australian sports commentator Dennis Cometti has made an unlikely appearance in a portrait submission for the Archibald Prize.

Perth-based stockbroker Euroz has appointed former MLC chief executive Steve Tucker to head up a new funds management subsidiary as the company eyes opportunities in the listed investment company sector.

Perth home values have gone backwards over the year to date despite growth in all other capital cities, according to the latest RP Data-Rismark home value index.

Global Construction Services has forecast a big fall in full-year earnings amid challenging market conditions and continued delays to major projects.

Western Australia's inaugural Telstra Business Woman of the Year says professional women still encounter many of the same barriers today as they did two decades ago.

Perth-based marine environment specialist BMT Oceanica has been appointed lead consultant in a state government bid to establish an aquaculture development zone in the southern Abrolhos islands.

Canada-focused explorer Coalspur Mines says it stands little chance of developing its flagship Vista thermal coal project in the near-term as tough equity market conditions threaten the company's ongoing viability.

Property developer Australand has upgraded its full-year earnings guidance while signalling a fresh willingness to consider a sweetened $2.5 billion takeover bid from rival Stockland.

The building industry watchdog has launched legal action against CFMEU bosses Joe McDonald and Dave Noonan over an alleged blockade at the New Children's Hospital last year.

Eagle Boys Pizza says it plans to rebuild its network of Western Australian stores after closing a number of underperforming sites in recent years.

Edith Cowan University has joined Murdoch University in freezing fees for students who enrol in an undergraduate degree this year amid concerns proposed government funding changes could drive down student enrolments.

Chinese steel giant Baosteel and listed railway operator Aurizon have cleared a key hurdle in their $1.4 billion joint takeover bid for Perth-based Aquila Resources, with the Foreign Investment Review Board giving the green light to the proposed deal.

New detached home sales in Western Australia have reached their highest point in three years, according to the Housing Industry Association.

Diploma Group has lined up a $16 million contract to build Sirona Capital's proposed Quest serviced apartment development in Fremantle.

Murdoch University will wear the cost of exempting students who enrol in an undergraduate degree this year from increased fees as the federal government plans a 20 per cent funding cut in 2016.

Investment group Sirona Capital has expanded its footprint in Fremantle, launching plans to develop a $30 million Quest serviced apartment hotel in the port city's West End.

Beverages giant Lion has confirmed about a third of workers at its Bentley milk processing plant will lose their jobs after the company was dumped as Woolworths' milk supplier in Western Australia for rival Brownes.

Iluka Resources managing director David Robb says he expects mineral sands sales to rebound after the company's earnings nosedived in 2013.

Perth's housing affordability continues to improve, with low interest rates and a slight decline in home prices combining to make the local market more accessible.

Mines and Petroleum Minister Bill Marmion has flagged new industry safety guidelines in the wake of five mining fatalities in Western Australia in nine months.

Tangiers Petroleum has completed its second capital raising for the month after receiving "strong, unsolicited demand" from major investors.

The Gina Rinehart-backed Sun Resources has purchased a stake in oil and gas leases in the prospective Eagle Ford and Austin Chalk shale formations in the American state of Texas.

Perth-based online movie company Quickflix has inked a marketing partnership with retailer Dick Smith Electronics.

Shares in Subiaco-based explorer Resource and Investment have closed higher on the back of strong drilling results at the company's Grosvenor copper-gold project in the Bryah Basin.