The end of the financial year has triggered the sale of a spate of long-running private companies in Western Australia, including global tech leader Immersive Technologies, mining consultancy CSA Global and Action Industrial Catering.
Western Australia’s listed companies have trailed the broader market in the past year, with the Business News BN30 index rising 5.2 per cent as the ASX 200 lifted 7.2 per cent.
Perth’s inferiority complex is holding it back from potential growth and development, as it is viewed to be as appealing as Australia’s largest cities, a new report has found.
Thomson Geer has become the latest in a string of east coast law firms to enter the Western Australian market, acquiring LSV Borrello 10 years after the local firm was established.
The WA Maritime Museum, The Raw Kitchen, and small bar Percy Flint were among the winners at the Fremantle Chamber of Commerce's annual awards night this past Friday, in a competition described by judges as one of the most tightly fought in years.
Nicola Forrest, Sue Murphy, Neville Owen, and Diane Smith-Gander have been recognised for their service at this year’s Queen’s Birthday Honours, along with business executives including Anthony Kiernan, Greg Wall and Graeme Wallis.
The number of apprentices and trainees in Western Australia fell by 10.7 per cent last year, adding to a three-year slide, with conditions set to deteriorate further after a fall in commencements, according to data from the National Centre for Vocational Education Research.
A small number of ASX-listed Perth companies are following the example of Rupert Murdoch and Kerry Stokes, with second-generation family members taking over.
Advanced Share Registry has estimated its profit it will decrease by around $350,000 this financial year, which it said is partly due to a reduction in corporate activity.
Prendiville Group is pressing ahead with major upgrades of several hotel properties across Western Australia based on its longer-term optimism for the state.
More than 100 unique arbitration proceedings were conducted in Western Australia during the 2017-18 financial year, the first-ever survey of the sector has found.
Engineering firm Worley is set to consolidate all its Perth offices at 240 St Georges Terrace, including the recently acquired energy chemical and resources (ECR) division of Jacobs.
Alternative legal services provider LOD, which was founded in Perth as Balance Legal and grown to have international operations, has expanded by acquiring national competitor lexvoco.
The GO2 People has entered into a share purchase agreement to acquire a Gold Coast-based training provider for up to around $8.4 million, and is seeking to raise up $4 million via a share placement to help fund the purchase.
With the federal election just a month away, the confidence of Australia’s company directors is at its lowest point in over two years, according to the latest Australian Institute of Company Directors’ (AICD) Director Sentiment Index.
