Mader Group: Forecast of lower growth damages share price of mining vehicle maintenance group

Investors have sharply rejected the fast-growing Mader Group and see another strong jump in profits as a rejection of forecasts for slower growth. Shares in the mining vehicle maintenance company fell as much as 17 percent on Tuesday, even though Mader again met his forecast with an increase in annual profit by almost a third … Read more

Indian giant acquires Australian electric vehicle charging solutions company Tritium

Just four months after Australian electric vehicle (EV) charging pioneer Tritium filed for bankruptcy, the company has now been bought by the Dutch subsidiary of an Indian competitor, raising hopes that production will resume. Tritium filed for bankruptcy in April and requested the appointment of a receiver, just five months after closing its Brisbane plant … Read more

Herne Hill incident: Car crash ends in chaos as freight train crashes into vehicle, two people taken to hospital

Following an accident in the east of Perth on Thursday, a freight train crashed into a car on tracks before two men were taken to hospital. Police received reports of a collision between two cars in Herne Hill, near the level crossing on the corner of Oakover Road and Railway Parade, at around 4.45pm.