It's not all bad news for the resources sector with the federal government proposing to implement a resource exploration rebate that will take the place of the promised flow through share scheme for explorers.
Miners and lobby groups have responded furiously to the federal government's intention to introduce a new resource super tax with BHP Billiton chief Marius Kloppers saying it will impact the future wealth of all Australians.
Woodside Petroleum chief Don Voelte is feeling like the "cat that ate the canary" over the company's progress with its suite of upcoming projects and has laid out his wish list of operations he wants to tick off before his time is up.
Western Australia's reputation as the 'cowboy state' has been quashed today with the wild west noticeably absent in the corporate watchdog's director prosecution report.
Jabiru Metals has given the go-ahead for the $32 million development of a second operation at the Jaguar copper-zinc mine, located 300km north of Kalgoorlie.
Dual-listed CGA Mining will become a strategic investor in Sierra Mining after agreeing to take a 10 per cent stake in the Perth-based explorer through a private placement.
Shares in Po Valley Energy more than halved today after the Perth-based company warned that production and reserves at its Castello gas field in Italy may fall.
Woodside Petroleum says partners in the Sunrise joint venture have decided on a floating liquefied national gas facility rather than an onshore plant at either Darwin or Timor-Leste (East Timor).
Premier Colin Barnett has stood by his decision to force the resignation of Troy Buswell after the former treasurer today reversed his position, claiming he had not abused parliamentary entitlements during his affair with Greens MP Adele Carles.
Perdaman Chemicals and Fertilisers will finalise rail access details for its $US2.5 billion Collie urea project after it entered into an agreement with WestNet Rail.
Belmont-based Aurora Minerals has raised $15.5 million through a share placement, with funds to be applied to its Capricorn South East manganese project in the south of the Pilbara region.
Shares in Aditya Birla Minerals have risen after the base metals miner today said it expects an annual profit after tax of $61 million, a turnaround from the $76 million loss from the previous year.
Western Australia's economic recovery is tipped to be in full swing next year as the state prepares to carve out a steadily larger share of the country's population and economy, an economic forecast says.
An experienced blue-chip board that includes former Wesfarmers finance director Gene Tilbrook and Shell Australia chairman Russell Caplan has been named to prepare Queensland-based QR National for its ASX listing.
The state opposition says proposed tax rises by the Barnett government would see local small businesses slugged an extra $355 million over the next three years.
Security technology outfit QRSciences Holdings is set to sell its loss-making Perth subsidiary to US company, Rapiscan Systems Inc, for $US150,000 ($A162,069) cash.
A review into the state's health sector has revealed shocking instances of misconduct, enough so that it posed a risk to patient safety and taxpayers' money.
Neptune Marine Services says it has extended its scope of work at the massive Gorgon gas project as it secures various new works valued at $12 million.
Poseidon Nickel has today restarted underground operations at its Mt Windarra nickel project in the Goldfields after the global financial turmoil halted work 18 months ago.
Reece Waldock is set to take on a new role created by the state government as part of moves to streamline operations between the Department of Transport, Main Roads and the Public Transport Authority.
The Rick Hart-chaired Renaissance Minerals is set to open its $6 million initial public offer this week, with plans to list on the local stock exchange at the end of the month.
A meeting on the federal government's health reforms could continue tomorrow as Prime Minister Kevin Rudd declares there's a long way to go before a deal is reached.
OM Holdings says it will run the ruler over Consolidated Minerals' Woodie Woodie manganese mine in the Pilbara, which could unlock synergies between both companies.
Shares in West Perth-based Continental Coal were higher after it entered another offtake deal and secured $US47 million ($A51 million) for the Vlakplaats coal project in South Africa.
Prime Minister Kevin Rudd will make a last ditch effort to convince state and territory premiers that his health reforms are the way to go at today's Council of Australian Governments meeting in Canberra.
Australia is expected to benefit from China's continuing economic growth, which grew at its fastest rate in almost three years during the March quarter.
