The Bunning family and Azure Capital's John Poynton are part of a new bid for Great Southern's timber assets, pitting themselves against Perth businessman Gordon Martin.
THE local office at newly formed Morgan Stanley Smith Barney has been given a mandate to ramp-up its private client adviser numbers, as Perth's broking sector settles into its new look.
THE sister of Perth investor Farooq Khan has emerged as a substantial shareholder in investment firm Bentley Capital, as agitators that sought his removal from the board disperse.
THE lure of generous tax deductions has taken more casualties in Western Australia, with investors fleeced of almost $100,000 in a scam disguised as a film industry investment.
AT least 2,700 Australians who borrowed money to invest in Great Southern and Timbercorp schemes are refusing to make loan repayments, with their stance soon to be tested in the courts.
A SPATE of transactions in the mortgage market has left Perth-based Australian Finance Group one of the few independent aggregators standing in what is now a big bank-dominated sector.
PROMINENT local advisory firm Oakvale Capital has dismissed suggestions it is at fault for the multi-million losses suffered by a former client, as the Perth firm is taken to court over a claim for close to $10 million.
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.
The managing director of shipbuilder Austal has described the recovery of its order book as "slow but sure", as the Henderson-based company reports a significant fall in full-year profits.
The state's only listed financial planning firm, Plan B Group Holdings, suffered a tough year as falling equity markets eroded profits right across the financial services sector.