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Changes at the top for REIWA The Real Estate Institute of Western Australia has appointed Neville Pozzi as incoming chief executive. Mr Pozzi, who has been with the institute for thirty four years, will replace outgoing chief executive, Anne Arnold, when she steps down from the role in July after eight years. NAB warns on funding costs National Australia Bank is on track for another record cash profit, but the bank says higher funding costs have begun to hit its revenue. Probe into cheap herbicide imports Local crop protection chemical firms have welcomed an investigation by a federal government body into the importation from China of large amounts of a herbicide used in weed control. Taruga Gold in flat ASX debut West Africa-focused gold explorer Taruga Gold has made a flat debut on the Australian Securities Exchange. Shares in the Perth-based company were steady at 20 cents at 1433 AEDT. Builders dark on steady rates The building and construction industry has expressed disappointment with the Reserve Bank of Australia's decision to keep interest rates on hold today, saying the nation's central bank missed an opportunity to bolster business and household confidence. Government reopens $306.5m solar tender The federal government has reopened a multimillion-dollar solar energy grant process amid concern about an investment shortfall at its preferred first-round choice. At stake is a $306.5 million grant on offer from the government's Solar Flagships program. Vmoto supplies scooter parts to Malaysia The Western Australian electric scooter company that helps transport postmen in Spain and police in the Czech Republic has announced its first shipment to Malaysia. Harvey Fresh acquires NSW processor Harvey Fresh has acquired New South Wales-based juice processor Nugan Quality Foods for an undisclosed sum in an effort to grow its capacity to supply juice and concentrates to South East Asia. RBA keeps cash rate at 4.25 per cent The Reserve Bank of Australia has keep its cash rate at 4.25 per cent following its February board meeting. The decision surprised the market, as 13 of the 14 economists surveyed by AAP had said there would be a quarter of a percentage point rate cut today. Clough wins $140m Ichthys LNG contract Engineering and construction company Clough has won a $140 million contract for work on Inpex's $US34 billion ($A31.82 billion) Ichthys liquefied natural gas (LNG) project.

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