Wizard put up for sale after losing magic touch; Investors face oil crunch; Mining and energy sectors just keep on spending; Westpac, St George to unveil merger deal; Jetstar flies into foreign pilots row
Former PCH Group Ltd managing director Jamie Cullen has agreed to join the board of Repcol Ltd and invest $666,300 into the restructured and downsized debt collection company.
Wesfarmers has successfully completed the final phase of its fully underwritten Entitlement Offer, raising in total approximately $2.5 billion to help fund its purchase of Coles Group.
Energy and Minerals Australia Ltd has successfully listed on the Australian Securities Exchange today, with its shares closing at $0.60 cents, 50% above the issue price.
Iron ore and coal miner Aquila Resources Limited has announce its intention to separate the Company's exploration business from its production and advanced development assets.
Dob in insider traders: ASX; Wesfarmers shareholders wait for cash back on rights issue; Irons in the fire: Sinosteel still interested in Fortescue; New chief quits, Empire rethink; Macmahon Ausdrill bid faces top-up
Empire Beer Group Ltd has become the latest Western Australian boutique brewing company to review its strategic direction, following the resignation of its acting chief executive.
The Australian Securities and Investments Commission (ASIC) has taken action over the sales and debt collection practices of companies in the GE Money group.
Takeover target Midwest Corporation Ltd said today it was seeking to establish an acceptance facility for shareholders who want to accept Sinosteel's takeover offer but want protection from a cut in the price they receive.
South Perth-based Central Petroleum Ltd has released details of its $6 million fund raising via a pro rata rights issue to shareholders to address the dilutionary affect of a bond subscription deal with DB Zwirn Mauritius Trading No 3 Ltd.
Perth-based Quickflix Ltd has lodged its offer document with respect to a rights issue to raise $4.1 million to fund development of its national DVD rental business.
Stan Perron is one of the state’s most successful entrepreneurs, having created an empire of immense proportions fuelled initially by his Toyota franchise and then iron ore royalties, and more recently by significant property assets and equities.
A new private-public partnership initiative launched last week that pools financial assistance from the state government and the private sector could inject $600,000 into Western Australia’s arts industry in three years, though the spin-off benefits could
Employers will have more influence over the content and duration of apprenticeships in their industry, if new legislation introduced by the state government is passed.
Despite an ongoing shortage of car bays in the Perth CBD, national parking operator Wilson Parking is reducing its footprint in the city, having failed to secure approvals from the City of Perth.
It may have missed this year's federal budget, but resource companies are hopeful Kevin Rudd's new federal Labor government will stick to its pre-election promise to deliver tax incentives in a declining exploration environment.
A largely hidden side of wealth creation is in the private sector, where successful entrepreneurs have built considerable businesses, in many cases with their families or over more than one generation.
Perth-based nickel miner Albidon Ltd could be in play as a takeover target after its major shareholder revealed plans to sell its blocking stake worth some $37 million.
Brisbane-based Bank of Queensland Ltd (BoQ) will be looking for as many as 30 people with banking experience to take on former Home Building Society Ltd branches as it sets about converting its newly purchased Western Australian operations into franchises
Alternative capital raising platform, the Australian Small Scale Offerings Board, has signed up Australian Securities Exchange-listed Ipernica Ltd as its second Western Australian accredited member.
Construction and engineering firm Macmahon Holdings Ltd has launched a $446 million takeover bid for Canning Vale-based Ausdrill Ltd, a year after the drilling contractor revealed it had been approached by an unidentified suitor.
The Perth Convention Bureau has secured 10 conferences over the last two months that are expected to deliver over $26.4 million of deligate spending to the State.
New motor vehicle sales in Western Australia rose by 2 per cent in April, bucking the trend as higher interest rates and rising fuel costs saw national sales fall by 0.8 per cent seasonally adjusted, the Australian Bureau of Statistics said today.
