Latest Headlines

BEIJING lost its Olympic Games 2000 bid to Sydney by two votes. That probably did China a favour.

IN the biggest CBD property sale of the year, Ralph Sarich of Cape Bouvard Investments has snapped up two prime Perth commercial properties for $81 million.

A NEW joint venture involving indigenous people in the State’s construction, engineering and mine contracting industries will be launched in Perth today (July 5) by Senator Ian Campbell.

BUILDING contractor K Mountain this week announced it had entered into voluntary administration after a number of projects it was involved in were put on hold.

A TELECOMMUNICATIONS cabling contract for work under St Georges Terrace has resulted in a legal fracas over $230,000.

AGRO-FORESTRY group ITC’s capital raising of between $13 million and $15 million is more than a cosmetic effort to improve its appeal to foreign interests.

THE fortunes of WA construction giant Multiplex are not tied to the $330 million Perth Convention and Exhibition Centre project.

THE cream of WA’s IT crop was honoured last week at the Yellow Pages Asia Pacific IT & T Awards.

BROOME’S expanding tourism industry will be well catered for in coming years with the development of two new resorts.

METHOD + Madness has been recognised for its e-business development skills by heading a new division within parent company Sausage Software.

WA PLANTATION manager Integrated Tree Cropping claims to have been the first to get its prospectuses through under the Australian Securities and Investments Commision’s new guidelines.

Blackburne Properties Pty Ltd will still have a role in the $700 million redevelopment of Burswood’s 19.1ha Swan site despite Mirvac’s merger with local competitor, the Fini Group, to form Mirvac/Fini.

BARELY a year has gone since Tony Barton stormed back into WA’s investment scene with his new company’s purchase of a half share in stockbroker DJ Carmichael & Co.

ONGOING anti-bank sentiment augurs well for non-bank lenders, and one WA company looking to seize the moment is Homeloans Limited.

FOLLOWING Channel Seven’s decision not to match the Channel Nine consortium bid for the television rights to the AFL, Channel Nine is already moving to build its commentary team.

THE rumours surrounding the opening of the new C Restaurant have taken on a life of their own with speculation that the former Hilite 33 revolving venue had been transformed into everything from a nightclub to a skimpy bar.

THE unlikely combination of art and mining has found a unique fusion in an exhibition of Richard Woldendorp's photography.

MONTAGU Stockbrokers and former AMP State manager David Newman have amassed more than $130 million to kick start their new boutique financial services company Epic Asset Management.

AUSTRALIAN mining companies – even the biggest of them – are under takeover threat because of their relatively small size in global markets.

EFFORTS to promote Broome as a year-round holiday destination, have been thwarted by the Kimberley’s notorious wet season again, higher fuel prices and distance.

A LAVERTON company that has grown from two employees to 120 in just six years has won the WA Indigenous Business of the Year Award.

CHANNEL Seven Perth plans a significant rise in local production next year, focusing largely on lifestyle programs as the station moves to see off a challenge from rivals.

MALAGA, the industrial jewel in the Swan City Council’s crown, is fast becoming one of Perth’s major industrial areas.

FOR months we have advocated the need for Telstra to demonstrate to the market that it was clear about the need for management change.

A MINISTRY of Housing forecasting group has tipped WA dwelling commencements will fall 30 per cent in the coming year before recovering some ground in the following year.In the first six-monthly report into the future of the housing industry, the Housin

ORBITAL Engine Corporation has signed a memorandum of understanding with US company Delphi Automotive Systems to cooperate on the market development and supply of direct fuel injection systems for worldwide automotive applications.

FREMANTLE-based Prospero Productions has won the Golden Spire for Television (Current Events) award at the 2000 San Francisco Inter-national Film Festival for its one-hour documentary Paying for the Piper.

PERTH powertool and technology company Arbortech is one the WA firms most likely to strike gold from its involvement in the Olympic Games.

WA know-how has produced the goods again.From the construction of the showpiece for the biggest sporting event in the world to providing embroidery on souvenir towels, WA firms have helped Olympic organisers stage the world’s biggest sporting event in S

A SUPERBLY crafted Margaret River cabernet sauvignon/merlot from Moss Brothers is due for release soon.

Alinta PO releasedPrivate investors will have the opportunity to buy some of the 55 per cent of WA gas utility AlintaGas until October 6.

THE local film industry is recovering from four days of film screenings, award ceremonies and networking at the 2000 WA Screen Awards.