The corporate regulator has agreed to settle a class action against Professional Investment Services relating to financial advice it gave to clients over the failed Westpoint Group.
The long-running saga of the Sons of Gwalia collapse has reached another milestone with the former mining company's auditor Ernst & Young agreeing to pay $125 million.
Former University of Western Australia researcher Dr Bruce Gray will be able to keep his $75 million stake in Sirtex Medical after the Federal Court today dismissed the university's appeal over ownership of the biotech's intellectual property.
SMALL to medium-sized enterprises are revealing a resilient attitude and determination in the face of economic uncertainty, with many employing strategies to ensure they remain competitive for the eve
Perth-based property fund manager Aspen Group has secured an investor to underwrite at least $5 million needed to meet loan requirements for its troubled Diversified Property Fund.
PATENT and trade mark attorney firm Wrays has extended its services by establishing a law firm specialising in intellectual property in recognition of the increased local demand for IP litigation serv
Three partners of KPMG's Perth office, Brett Fullarton, Robert Kelly and Grant Robinson, have agreed to stop practicing as auditors for between nine months and two years following their involvement in the collapsed Westpoint investment group.
Perth-based property fund manager Aspen Group has raised $10 million from investors in its embattled Diversified Property Fund, leaving the company to raise a further $5 million to meet its minimum loan obligations.
Perth-based property fund manager Aspen Group will seek capital from external investors after failing to attract sufficient support from unit holders of one of its ailing property funds.
Former Wesfarmers finance director Gene Tilbrook has today been appointed as one of five new directors to the board of NBN Co Limited, the company established to deliver the $43 billion national broadband network.
THERE have been 19 cases of corporate fraud costing almost $17 million in Western Australia since the start of 2008, with commercial business the most common victim and management the most successful perpetrator.
Despite the massive plunge in share values in recent months, many junior miners are once again optimistic about the future – provided government comes to the party.
Shares in Perth-based Strike Resources have surged after it reached a settlement deal with its Peru partners, which wipes a $US24.25 million ($A29.5 million) liability from its balance sheet.
Dioro Exploration has urged shareholders to reject a sweetened takeover offer from Avoca Resources, adding it had entered into confidential negotiations with third parties.
Avoca Resources says it is surprised that target Dioro Exploration has not provided a recommendation to its takeover bid as it today declared the offer unconditional.
PERTH accountancy firms are bulking up their businesses, in spite of the market woes, as a handful of new partners enjoy their first week sharing in the risks and rewards of their chosen company.
The Perth arm of accounting firm Deloitte has expanded with six employees promoted to partners as net revenue rises by 28 per cent for the 2009 financial year.
