Perth based Amcom Telecommunications has cleared a major overhang from its share register after Futuris Corporation agreed to sell its 50 per cent stake to a range of institutional investors.
A strong all-round performance in supporting small business clients has seen ANZ Bank take out the first-ever best value national award for small business banking, given by premier financial services research company CANNEX.
Western Australian publishing company, Aspermont, has recorded a net profit of $2.3 million for the year ending June 2008 and anticipates further growth after its recent $21 million acquisition of Mining Communications Limited (MCL).
Credit crunch strips $12bn out of profits; Liberals oppose BHP merger; Big supermarkets face ban on buying rivals; Fairfax journos return as bosses drop threats, offer pay rise; RBA cut to boost economy
Como-based construction company Forge Group Ltd has posted a 121 per cent jump in net profit after tax of $6 million in its first full year as a listed entity.
Investor Duncan Saville's Ingot Entities has agreed to buy embattled ticketing company ERG Ltd which today posted a net loss of $103 million for the 2008 financial year.
Despite a volatile market in the second half of the 2008 financial year, the full year net profit in construction company Diploma Group Ltd has soared over 290 per cent, boosted by the early settlement of the Probuild joint venture agreement.
Welshpool-based mining services company NRW Holdings Ltd has forecast a profit growth of at least 15 per cent for the 2009 financial year, as it today reported a 137 per cent jump in full year net profit.
Western Australia has recorded the largest fall in new home sales for the July month as the property market across the country continues to struggle with high interest rates and a slowing economy.
Panoramic Resources Ltd has followed the trend of its fellow nickel miners, today posting a 40 per cent fall in full year net profit to $53.3 million on the back of lower commodity prices and higher operating costs.
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West Perth-based gold miner Dominion Mining Ltd has booked a full year net profit after tax of $33.4 million net profit, down 35 per cent from the previous year's result of $51.7 million.
Babcock & Brown Communities Group and Babcock & Brown Wind Partners Group, which both hold assets in Western Australia, have reported skyrocketing full year net profits today.
West Perth-based minerals explorer Altera Resources Ltd is set to change its focus and board after entering a $10 million scrip deal to acquire Clean Global Energy Pty Ltd which has access to intellectual property for underground coal gasification.
A loss in property revaluations has taken the shine off an increase in retail sales for Bedshed owner Joyce Corporation Ltd, which posted a net profit fall of 34 per cent for the 2008 financial year.
A loss of over $9 million from its waste renewable division has impacted Perth-based engineering company GRD Ltd’s half-year earnings, which slumped to a loss of $438,000.
Australia's top companies are failing to follow global guidelines on bribery and corruption reporting and fall short of world's best practice, according to research by the Association of Chartered Certified Accountants and Net Balance Foundation Ltd.
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He's worked as a lawyer, played Australian rules football at the highest level, and has spent the past 20 years as a trade commissioner and private consultant helping Western companies do business in China.
Rio Tinto Ltd, the world's third largest mining company, has forecast higher prices for the company's core commodities of iron, alumina and copper after delivering a record first half profit.
Parochial investors who put their money into Western Australian stocks have just experienced their worst year in nearly a decade, judging by the results of WA Business News' annual total shareholder return survey.
Despite the downturn in the residential property sector during the past eight months, three Western Australian developers have posted increased profits for the year to June.
Kwinana-based engineering and fabrication company Ausgroup Ltd has reported a fall in annual profit despite achieving a big increase in revenue and having a record order book.
Investors trying to pick the next big thing in the resources boom poured their money into a diverse group of Western Australian companies last year, including iron ore, coal and phosphate stocks.
Whether or not you are a fan of the Olympic Games, this wonderful event does highlight the competitiveness of nations, exposing what can be achieved by investment of resources and exploitation of natural advantages.
