Financial Services

The tax office has warned mining companies to be cautious before entering into arrangements that allow for immediate deduction claims for future obligations to rehabilitate a mine site.

Cooper Energy is set to pocket some $23 million after deciding to accept the higher cash takeover offer for Incremental Petroleum.

Treasury head says spend now; Suncorp's issue shock as CEO goes; Macquarie profit set to slump; Cost cuts spook PwC partners; Lend Lease slumps on raising

Shares in Incremental Petroleum have closed up nearly 23 per cent as suitor TransAtlantic Petroleum Corporation sweetens its takeover bid.

An Extract Resources director facing the boot from a major shareholder has called for a meeting for the removal of two of his fellow board members.

Two major shareholders in Subiaco-based Red Fork Energy have spent a combined $1 million boosting their interests in the oil and gas explorer.

The proposed merger between Australasian Resources and billionaire Clive Palmer's Resource Development International is anticipated to take place next year as the latter re-schedules its listing plans.

THE past 12 months have been an unsettling time for truffle project manager Oak Valley Gourmet.

Brockman Resources managing director Wayne Richards has exercised $500,000 worth of options at nearly half the company’s share price.

SMALL business has been urged to manage their cash flow more carefully this year as the global economic downturn creates more financial pressure.

The outlook for WA is not as gloomy as some are predicting.

BROCKMAN Resources managing director Wayne Richards has taken advantage of the recent upswing in the company's share price, exercising 1 million options in the money.

ONE in six BankWest customers and more than 7 per cent of St George customeras plan to vote with their feet and leave the banks as a result of the recent corporate activity, a new poll by Retail Banki

CARBON credits have been a major growth area in the forestry sector, as companies move to exploit the market created by the federal government's Carbon Pollution Reduction Scheme, due for introduction in mid 2010.

The Note raised an eyebrow at a bit of research floating about this week suggesting one in six BankWest customers could vote with their feet and leave the bank as a result of the recent takeover by Co

The downturn in managed investment schemes could hurt horticulture, while the carbon credit market is boosting forestry projects.

US Supreme Court ruling paved the way for financial meltdown.

TWO of the state's most recognisable brands have awarded media and creative contracts to agencies in Perth and in Sydney.

THE six not-for-profit organisations that have teamed up to buy the failed ABC Learning centres say childcare should be the responsibility of not-for-profit organisations and not the corporate sector.

IF Premier Colin Barnett is looking for places to find new jobs and boost the state's royalty income, he needs to look no further than the gold industry.

The Note loves to trawl the annual returns of WA’s political parties to see just who gives what.

Shareholders in Gindalbie Metals have approved a $162 million share placement to AnSteel, which will boost the Chinese steelmaker's stake to over 36 per cent.

Building approvals in Western Australia rose over 12 per cent during December, bucking the national trend which declined for a sixth consecutive month.

Fortescue Metals Group has agreed to settle a shipping contract dispute with the issue of $US22 million ($A34 million) worth of shares and has entered into a shipping joint venture.

BHP Billiton chief executive Marius Kloppers has admitted the Ravensthorpe nickel operation was not the "finest investment decision" as the miner reported a 56.5 per cent drop in first half profit.

CBA, Westpac mull loan book as Dexia plans exit; Westfield goes shopping for $2.9b; Qantas asks for $500 million; Big punch but doubts still linger; New logo for Woodside to mark focus on LNG

The federal government says today's $42 billion stimulus package will add to gross domestic product growth but the budget will enter into a $22.5 billion deficit this financial year.

One in six BankWest customers and over 7 per cent of St George customers plan to vote with their feet and leave the bank as a result of the recent corporate activity of their bank, a new poll by Retail Banking Review has revealed.

Managing director Michael Coote has sold over $4 million of Coote Industrial shares to a family trust.

The official cash rate has been cut by an expected 100 basis points to 3.25 per cent following the Reserve Bank of Australia's board meeting today.

The Michael Kiernan-led Stirling Resources has raised over $2 million through a convertible note issue to an Austrian resource company.

The federal government will inject $42 billion into the national economy to help prevent the country from entering into a deep recession.