Austal has won a $63 million contract to build two patrol boats for the Australian Department of Defence, with the terms of the deal signed with National Australia Bank including a buy-back clause.
Shares in shipbuilder Austal plummeted 25 per cent today on news that problems at its US operations could shave up to 2 per cent off its profit margin there.
Kewdale company Goldstar Transport has struck a deal to buy the major assets of MJ & CM West Transport Services, nine months after another Pilbara-focused transport business changed hands.
Brookfield Infrastructure has suffered a blow in its contested takeover bid for port and rail provider Asciano, with the ACCC declining to accept a series of behavioural undertakings offered by the Canadian group.
Perth is projected to have seven of the nation’s top 10 most-congested roads by 2031, and despite public displeasure, toll roads could be part of the solution.
Western Australia’s oldest family-owned business has won a contract to provide local inbound freight transport services for German supermarket chain Aldi, which is planning to open its first Perth stores next year.
Marine services company MMA Offshore has won a $50 million contract to provide services to Woodside Petroleum, but says low oil prices are placing significant pressure on market demand, with conditions unlikely to improve during the financial year.
Perth's taxi dispatch market has a new player, with Sydney-based Ingogo recruiting a fleet of drivers and seeking to compete with Swan Taxis, the dominant local force for many years.
Busselton Regional Airport will be renamed Busselton Margaret River Regional Airport in a bid to promote tourism in the South West, following the state government’s decision to expand the facility to
The newest airline to fly to Perth wants Western Australians to ditch Bali and holiday in Malaysia instead, launching competitively priced full-service fares to entice potential travellers.
The competition watchdog has raised concerns regarding Automotive Holdings Group’s $43 million sale of its Covs Parts business to GPC Asia Pacific, which already operates the Repco chain.
A new $32.1 million bus-only bridge will be built in the CBD to ease congestion and get buses out of the city faster, with construction set to begin early next year.
Trucking company CTI Logistics has entered a sale and leaseback deal for its Bibra Lake warehouse facility, with Investec Australia Property Fund paying $26 million for the site.
Perth-based vehicle retailer Automotive Holdings Group has announced plans to acquire distribution rights for Higer buses in Australia off the current distributor, which is in administration.
