West Perth-based Automotive Holdings Group Ltd says it is working to replace its existing network of finance providers after major financier GMAC Finance Services withdrew from the local market due to the global credit squeeze.
The state's business lobby group is urging the federal government to come to Western Australia to discuss the impact of the global turmoil on local business and industry.
Austal Ltd managing director Bob Browning said there are no plans for further staff cuts after the company laid off over 100 workers at its Henderson shipbuilding facility.
Treasurer Troy Buswell is considering an overhaul of the Department of Housing and Works after the agency revealed it will have a shortfall of $235 million this financial year.
Handini Resources Ltd has followed the downward trend of the overall market, debuting on the local bourse at an 8 per cent discount to its issue price.
Falling lead prices and costs associated with maintenance works at its suspended Wiluna operation in Western Australia have prompted miner Magellan Metals to lay off 18 people.
Analysts at brokerage Hartleys have downgraded its recommendation for Perth-based engineering firm Clough Ltd, saying the stock had one too many risks.
The development of Citic Pacific's $6 billion Sino Iron project in Western Australia is not expected to be impacted by the company's near $3 billion loss on the Australian currency, a spokesperson said.
The Albany City Council has approved the $40 million extension of Verve Energy's Grasmere wind farm that will boost renewable electricity use to 80 per cent.
Premier Colin Barnett has today insisted that there is no disagreement with Nationals Leader Brendon Grylls over the royalties for regions policy, as the opposition steps up calls for more clarity on the funding program.
Opposition leader Eric Ripper has demanded that Premier Colin Barnett end the uncertainty over the royalties for regions deal that underpins the Liberal-National government.
Engineering company Clough Ltd could take a $23 million hit after its Indonesian subsidiary disclosed that it had been forced to suspend work on a coal mine project, which is currently seeking to raise additional capital needed for completion.
Perth-based United Minerals Corporation NL will move to the next study stage after an initial assessment of its Pilbara iron ore project estimated a net operating profit after tax of up to $595 million a year.
Sydney-based Jupiter Mines Ltd, which holds several exploration tenements in Western Australia, says it has received a proposal from the Brian Gilbertson-led Pallinghurst Resources Ltd, which is looking to take control of the company.
Mines and Petroleum Minister Norman Moore says the strength of the state's iron ore industry masked the warning signs from the nickel sector where the outlook is "not promising".
An arbitrator has been called in to settle a dispute between Alinta and its gas supplier, the Woodside-operated North West Shelf venture, that could involve third parties by way of subpoenas.
Perth has recorded the smallest increase in the rate of inflation over the September quarter, while the nation's headline inflation consumer price index rose at its fastest pace in almost 13 years.
A government spokesperson has refuted media reports saying Mines and Petroleums Minister Norman Moore has committed to another inquiry in the Varanus Island gas explosion.
The Australian Labor Party is mounting a potential campaign to challenge the election result in the seat of Riverton by asking residents who felt they were unfairly denied a vote to come forward.
Higher than expected revenue projections over the next two years have prompted the state government to cut land tax by 7 per cent, Treasurer Troy Buswell announced today.
Paladio Group Ltd subsidiary, Decmil Australia Pty Ltd, has secured its second Woodside contract, worth $115 million, for civil works at the Pluto liquefied natural gas project.
The board shake out at West Australian Metals Ltd continues, with directors Leon Reisgys and Rodger Johnston resigning before a vote to remove them could be held.
Less than a week after placing its shares in a trading halt pending a financial review, West Perth-based Matilda Minerals Ltd has called in administrators from Ferrier Hodgson.
The future of the state's $1.1 billion stadium at Kitchener Park is still in doubt with Premier Colin Barnett refusing to give any commitments to the AFL when he meets with the chief later this week.
The state's royalties for regions policy remained in the spotlight today as questions arise over the interpretation of the election pledge that underpins the Liberal-National government.
