Perth-based Patersons Securities Ltd is set to launch
a resources-focused fund, the second product for the fledgling
asset management business launched late last year.
FUNDS associated with New York commodities hedge fund Ospraie Management LLC have revealed substantial stakes in two major Western Australia companies, both outside the group’s previous purely mining
West Perth-based Transit Holdings Ltd has completed a placement to raise $2 million to sophisticated investors for exploration for haematite mineralisation and working capital.
Wesfarmers Premier Coal Ltd and Blackham Resources Ltd have ended their dispute over the Scaddan Energy Project tenements near Esperance, by signing a joint venture agreement to develop the project.
The volume of owner occupier home loans in Western Australia jumped by 4 per cent in November, despite coinciding with the Reserve Bank of Australia's most recent interest rate hike.
Centro Property debts may blow out; Steely determination: Rio vows to export iron ore from India; Labor warns energy exporters to put Australia first; Coles retains hopes of pharmacies in stores; Qantas buffeted as downgrade, $62m fine bite
Perth-based gold exploration company Scotgold Resources Ltd has made a positive debut on the Australian stock exchange today, after sucessfully raising $4.9 million via its November public offer.
VDM Group Ltd subsidiary Civmec Construction & Engineering Pty Ltd together with its joint venture partner UK-based Laing O'Rourke have been awarded a $146 million project by Argyle Diamonds.
Henderson-based Nomad building Solutions Ltd has announced today the $40 million acquisition of the construction, property management and modular building business units of Rapley Wilkinson.
Farm budget bonus firms hope of bumper grain crop; Shakeout turns MFS into a target; Credit crunch cuts super returns; Debt funding boosts Windimurra; Iron ore prices ready to roar
Avalon Minerals Ltd has announced today that it was granted Lake Barlee exploration licence, which is the first application to be granted within the portfolio of 13 Western Australian uranium exploration licences acquired by Avalon last year.
Internet service provider iiNet Ltd announced today that it entered a 15 year international capacity agreement with Pipe International Pty Ltd as a foundation customer of the PPC-1, an undersea cable linking Australia to Guam's communications hub.
Perth-based scooter manufacturing and distribution group Vmoto Ltd announced today an annual revenue target of over $100 million a year by 2011 with the Stage 1 of the company's China plant expected to be operationnal by mid year.
Stokes bid inaction blamed for WAN share slide; Coles returns to WA beef; Credit fears weigh on Wall Street; Big Business demands budget cuts to ease inflation; JB Hi-Fi upbeat despite 16% slide
The Australian stock market failed to follow Wall Street's higher lead overnight, with the benchmark index falling below the 6,000 mark, leaving investors nursing the weakest start to new year trading for 17 years.
Marine engineering services group Neptune Marine Services Ltd has gone ahead with a share purchase plan seeking more than $23 million to primarily fund the recent acquisition of the Sea-Struct business.
Funds associated with New York commodities hedge fund player Ospraie Management LLC have emerged with substantial stakes in two major Western Australia companies, both outside the group's previous purely mining focus in the state.
Wesfarmers debt concern; Investors melt down Alumina; Labor to dump takeover tax; Inpex signals cost blowout may delay Ichthys LNG project; Clough hints at surprise turnaround to black ink
Hopes for change at AWB hit as farm groups dig in; ASIC summons Centro for talks; CBA lifts rates as banks come under more fire; Stockland to pocket big profit on Karrinyup sale; Warning over power blackouts
Western Australia’s commercial office market notched up almost $1 billion in sales last year, and while some analysts predict the same heights may not be reached in 2008, market fundamentals indicate that strong growth is likely to continue.
BankWest Kewdale Business Centre has appointed Eddie Bencic as regional manager. Mr Bencic has worked for BankWest for the past two years and was previously with Commonwealth Bank for 26 years.
Patersons Securities posted a record $1.26 billion dollars in capital raisings last year, up more than 50 per cent on the previous year and a result that has returned the Perth-based stockbroker to the top position for equity capital raisings during 2007.
PEET Ltd has launched its wholesale funds management business with the completion of a $300 million wholesale land syndicate for Alkimos, 40 kilometres north of Perth.
Some charities and non-government agencies in the human services sectors are set to benefit from a boost in funding, after a revision of the state government’s indexation policy delivered an extra $36.3 million for organisations over the next three years.
Montagu Stockbrokers has jumped ahead of rival stockbroking firm DJ Carmichael & Co in terms of number of advisers it employs, according to the latest survey of the industry by WA Business News.
With only 7,000 square metres of office space remaining in the CBD and West Perth, and rents already passing $800 per square metre this year, property analysts expect developers will head for Perth’s fringe suburbs to boost office stock
The Melbourne-based builder behind Perth’s iconic $1.3 billion Capital Square apartment development on the former Emu Brewery site, Contexx Pty Ltd, has pulled out of the project, leaving developer Saville Australia to negotiate a new contract.
