Business news and views
Almost half of Australia's millionaires made their money by owning or selling their businesses
The ranks of Australia's high-net-worth-individual swelled by 10,3 per cent to 160,500 during 2007. Between them they amassed a fortune of A$570 billion. More...
Unlicensed business agent fined
A recent media statement from the Real Estate and Business Agents Supervisory Board of Western Australia announced:
"Chasecorp Pty Ltd t/as Citicorp Business Brokers has been fined $4,500 and ordered to pay costs of $1,000 by the State Administrative Tribunal as a result of holding itself as a business agent in Western Australia." More...
Schultz Partners negotiates acquisition of STACE Pty Ltd by ASX listed company, Essa Australia Ltd.
Schultz Partners has successfully negotiated the sale of a specialist engineering company, STACE Pty Ltd to Essa Australia Limited. Based in the Perth suburb of Bassendean, Essa was listed on the ASX in 2005 and is a leading supplier of mineral ore sampling technology to the mining industry throughout the world. More...
Melbourne-based camping goods supplier, Primus Australia Pty Ltd, has bought leading Perth camping and outdoor products importer and wholesaler, Kookaburra Gas & Leisure Products for an undisclosed price. More...
