Jenelle Carter

Perth-based labour hire firm, InterStaff Recruitment Ltd, has made a successful debut on the Australian Securities Exchange today, after launching a $5 million initial public offer in Novermber last year.

Trade workers in Western Australia’s housing industry remained in short supply during the final quarter of 2007, placing more upward pressure on house prices, according to the latest HIA-Austral Bricks Trades Report.

Perth-based tungsten explorer Hazelwood Resources Ltd says it has scapped the planned February 6 float of wholly owned subsidiary BigHill Resources Ltd, due to continued stock market volatility.

Shares in Subiaco-based Wolf Minerals Ltd surged almost 30 per cent today, after the company said it expected to achieve significant annual revenue from tungsten production at its Hemerdon project in the United Kingdom.

First homebuyers in Western Australia received more than $213 million in state government grants and stamp duty relief in 2007, a 43 per cent increase on 2006, new Treasury figures show.

Xstrata Nickel Australia Pty Ltd has been forced to extend its $3.1 billion takeover offer deadline for Jubilee Mines NL for a second time, after a slow take-up by the target's shareholders.

The state government has imposed a raft of additional conditions on Magellan Metals before it can proceed with its bid to ship containerised lead through Fremantle.

Subiaco-based company Autodom Ltd (formerly a.i. Ltd) has expanded once again through the acquisition of Victoria's HPG Engineering & Associates Pty Ltd for $3.75 million.

The performance of WA's industrial property market during the past 12 months has more than matched the commercial sector, with record sales and rents being generated, although prices are tipped to level out as more supply comes on to the market in 2008.