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Business News - Business, finance, political, & economic news.

Corporate Finance DealsView all

National Lifestyle Villages

Sydney investor buys National Lifestyle Villages

Mark Beyer Mark Beyer
23 May 2018

Sydney-based investor Rob Nichols has teamed up with Singapore-based Government Investment Commission to buy the assets of Perth company National Lifestyle Villages following a review led by Sirona Capital director Kelvin Flynn, who has run NLV since October last year.

De Grey Mining

De Grey in $6m raising

Business News Business News
22 May 2018

De Grey Mining has raised $6 million, with ASX-listed DGO Gold investing $5 million in the placement, to expand exploration work at the company’s Pilbara gold project.

Battery Minerals

Battery hopefuls pick up $50m

Matt Mckenzie Matt Mckenzie
03 May 2018

Two Western Australian mining juniors focused on battery-related commodities have secured $50 million to advance their projects in Africa.

Steinberg-backed fund completes $160m purchase

Mark Beyer Mark Beyer
03 May 2018

A new business backed by Quadrant Private Equity and the Perth-based family of Timezone founder Malcolm Steinberg has completed the purchase of Ardent Leisure Group’s bowling and entertainment division.

Australian Finance Group

AFG in $10.9 million property lender buy

Adrian Rauso
19 Apr 2018

West Perth-based Australian Finance Group has announced it will purchase a 30.4 per cent stake of Sydney-based commercial property lender Think Tank Group for $10.9 million.

Most CommentedView all

Bankwest

Lounge offers business connections

Matt Mckenzie Matt Mckenzie
09 May 2018

The Small Business Lounge on Mount Hawthorn’s Oxford Street is just the first step for founder Brooke Arnott, who plans to take the advisory concept nation wide.

Hotchkin Hanly Lawyers

Dunsborough Puma developer has court win

Katie McDonald Katie McDonald
11 May 2018

The proponents of a Puma Energy development on Dunsborough’s main street had a win in the Supreme Court yesterday, but the issue is far from settled according to a local advocacy group against the proposal.

Perdaman Industries

Mixed news for two Burrup projects

Mark Beyer Mark Beyer
26 Apr 2018

Long-running plans by Vikas Rambal’s Perdaman Industries to build a multi-billion dollar urea manufacturing plant in Western Australia have received a fillip, with his group signing a gas supply agreement with Woodside Petroleum.

BGC Development

Westin Hotel opens in Perth’s east end

Katie McDonald Katie McDonald
27 Apr 2018

Marriott International has opened Perth’s first Westin Hotel at an official ceremony this morning, anchoring a new dining and leisure precinct set to revamp the area.

Golden Group

Golden Group starts work at Belmont Park

Katie McDonald Katie McDonald
01 May 2018

Fives years after unveiling its vision for high-rise apartments at Belmont Park Racecourse, Golden Group will host a groundbreaking ceremony at the site today.

Politics & the EconomyView all

Public Transport Authority of WA

Perth city-to-stadium footbridge delayed

AAP AAP
23 May 2018

The long-delayed footbridge linking East Perth to Optus Stadium will not be ready by the end of May despite previous assurances by the McGowan government.

Hanson rejects tax cut plan

AAP AAP
22 May 2018

Federal Labor is demanding the Turnbull government hand over details of the deal it struck with Pauline Hanson to get her support to cut business taxes, a pact One Nation is now reneging on.

Committee for Economic Development of Australia

Confidence in China relationship

Matt Mckenzie Matt Mckenzie
18 May 2018

Australian businesses can be confident that strong personal relationships with their partners in China can help overcome any short-term problems between the governments of the two countries, according to two local business executives with close ties to the Asian powerhouse.

Coogee Chemicals

Cleaning up, clearing out

Mark Beyer Mark Beyer
17 May 2018

Entrepreneur lunch: Navitas managing director Rod Jones recently found a simple way to end in-house confusion about his phased handover to successor David Buckingham.

Coogee Chemicals

Constant re-engineering needed

Mark Beyer Mark Beyer
17 May 2018

Entrepreneur lunch: Coogee Chemicals executive director Gordon Martin struck a chord at this year’s Entrepreneur of the Year lunch when he said all businesses needed to re-engineer their cost structure every few years.

Upcoming Business News EventsView all

Rising Stars Awards - 2018 Rising Stars Awards C...

Beaumonde On The Point (upstairs ballroom and function centre), 306 Riverside Drive, East Perth - 27 June 2018

PropertyView all

Peet

Peet confirmed for Swan Valley project

Business News Business News
23 May 2018

Perth-based Peet has confirmed its appointment by the state government as the developer for the Brabham housing project near the Swan Valley.

CBRE

Development potential for Northbridge site

Katie McDonald Katie McDonald
23 May 2018

A prime site in Northbridge, located on William Street opposite Yagan Square and Perth City Link and earmarked for a multi-tower mixed-use development, has been listed for sale.

Master Builders Association of WA

National review seeks to strengthen security of payments

Katie McDonald Katie McDonald
22 May 2018

A national review has recommended all state governments establish a system of statutory trusts for building projects above $1 million as part of a package of measures to tackle the impact of company failures and late payments on contractors.

Urban Development Institute of Australia WA

Perth housing data sends mixed message

Tayler Neale Tayler Neale
22 May 2018

The Perth property market has recorded an increase in the price of new land sold and strong growth in land under construction in the March quarter, however annual data in a new report out today shows the market still has a long way to fully recover.

Construction tenders May 18 2018

Business News Business News
18 May 2018

TendererProjectCloseSubmissionsBroad Construction ServicesFremantle - civic building and libraryJun 5jaan.lind@broad.com.auBroad Construction ServicesLeighton Beach - Compass apartmentsJun 1tim.an

WA Event CalendarView all

WA's most comprehensive guide to forthcoming business-related events. To list an upcoming WA event on this page, complete the online submission form.
24 May 2018 | @ 12:00pm
WA Mining Club Luncheon - Northern Star Resources
24 May 2018 | @ 04:30pm
Perth Salesforce User Group
25 May 2018 to 27 May 2018 | @ 09:00am
Big Sky Readers & Writers Festival
25 May 2018 | @ 12:30pm
Community Titles: A Case Study
29 May 2018 | @ 07:00am
AmCham Business Briefing with The Hon. Mark McGowan MLA, Premier of Western Australia
29 May 2018 | @ 08:30am
CCI International Engagement and Growth Conference
29 May 2018 | @ 04:00pm
Networking Event - Engine Room Business Innovation
29 May 2018 | @ 05:30pm
#SMPerth May - Drinks for Perth Social Media
29 May 2018 | @ 05:30pm
Carbon Group's Quarterly Networking Event: Cost Savings For Businesses
30 May 2018 | @ 09:00am
COURSE: Mining and Geology Fundamentals for non-miners

Arts & CommunityView all

Cystic Fibrosis WA

Rose sales drive funds for Cystic Fibrosis

Tori Wilson Tori Wilson
21 May 2018

Cystic Fibrosis WA is calling on volunteers and businesses across the state to help the charity raise $75,000 this Friday as part of its annual ’65 Roses Day’.

Art Gallery of WA

Hemsley heads AGWA Foundation

Tori Wilson Tori Wilson
21 May 2018

Property consultant Warwick Hemsley has replaced Adrian Fini as the Art Gallery of WA Foundation chair after four years at the helm.

Art Gallery of WA

$17m of AGWA collection at risk of damage

Tori Wilson Tori Wilson
17 May 2018

The auditor general of Western Australia has found about 785 artworks of the state’s $300 million collection is at risk of damage or loss due to inadequate storage, conservation and monitoring by the Art Gallery of WA.

WA Symphony Orchestra

Community culture works for WASO

Tori Wilson Tori Wilson
16 May 2018

WA Symphony Orchestra has deep roots planted firmly across Western Australia, having spent 90 years connecting with communities beyond its core audience of classical music aficionados.

Perth Institute of Contemporary Arts

Pica showcases emerging artists

Tori Wilson Tori Wilson
15 May 2018

Perth Institute of Contemporary Arts will launch its 27th Hatched: National Graduate Show this Friday night, showcasing 30 new graduates from across the country, including five local artists.

Featured PhotographsView all

Hadiqa Moroccan Restaurant & Bar at Hibernian Place
Meeting room and rooftop
Success & Leadership breakfast with Chris Sutherland, Programmed
Element office kitchen
The Melbourne Hotel
Conservatory
Riff powered by SpaceCubed
Riff powered by SpaceCubed
Sculpture By The Sea 2018
Sculpture By The Sea 2018

EnergyView all

Wesfarmers

Battery plant rumoured for Wesfarmers

Matt Mckenzie Matt Mckenzie
23 May 2018

Interest is growing in Kwinana as a possible battery manufacturing hub, with Wesfarmers mooted to be considering a move into the sector and representatives from US electric car manufacturer Tesla in Perth to meet with Premier Mark McGowan today.

Schneider Electric

Schneider Electric positive on WA

Mark Beyer Mark Beyer
23 May 2018

Global company Schneider Electric anticipates continued strong trading in Western Australia, helped by work on established resources projects, new lithium developments and its Clipsal business.

AGL Energy

AGL rejects Alinta's $250m Liddell bid

AAP Business News
21 May 2018

AGL has knocked back Alinta Energy's $250 million offer to buy Liddell Power Station and reaffirmed its decision to close the plant in 2022.

Perdaman Industries

New Burrup projects aim to defy history

Mark Beyer Mark Beyer
07 May 2018

Two groups aspiring to build gas processing projects on the Burrup Peninsula are aiming to fare better than many others have in the environmentally sensitive area.

Western Power

ERA tightening to reduce power price pressure

Matt Mckenzie Matt Mckenzie
02 May 2018

State-owned Western Power will need to trim operating costs by about $100 million more than planned over the next five years under the Economic Regulation Authority’s latest draft access arrangements released last night.

"Mark My Words" PodcastsView all

18 May 2018

PODCAST: Mark Pownall and Mark Beyer discuss defence contracts, LNG developments, high density housing, master entrepreneurs, The West Australian, lithium and our special report on philanthropy.
11 May 2018

PODCAST: Mark Beyer and Mark Pownall discuss the state and federal budgets, three byelections in WA (or maybe four), regulator activity, and our special report this week is the wine industry.
07 May 2018

Former Fortescue Metals Group CEO Nev Power’s new career as a non-executive director has started with Perth Airport.
04 May 2018

PODCAST: Mark Beyer and Mark Pownall discuss Belmont Park apartments, Lithium projects, Fringe Festival, Chris Sutherland, and BN's special report on universities.

27 April 2018

PODCAST: In this Business News podcast Mark Beyer and Mark Pownall discuss $3bn federal infrastructure boost, Perth’s urban sprawl, Burrup gas projects, global LNG production, Westin Hotel opens and mining projects.

Food & WineView all

Nail Brewing

WA brewery tops international competition

Tori Wilson Tori Wilson
18 May 2018

The local beer label behind Northbridge Brewing Company and Whitfords Brewing Company has won the top prize at Australia’s most renowned beer competition, hosted in Melbourne last night.

Varnish on King

King of Queen Street lifts veil on new Moroccan bar

Matt Mckenzie Matt Mckenzie
15 May 2018

With the outlook for the small bar sector becoming more positive, hospitality entrepreneur Andy Freeman has embarked on a $2 million Moroccan-themed venue in Perth’s east end.

El Publico

Tiny’s brings big energy to QV1

Tori Wilson Tori Wilson
04 May 2018

A new bar at Perth’s QV1 is aiming to make a big splash in Perth’s west end.

Perth first choice for Aloha Poké

Katie McDonald Katie McDonald
03 May 2018

Perth’s up-and-coming healthy food market was one of the factors that drew Singaporean restaurant chain Aloha Poké to the Western Australian capital, with its first international outlet opening at St Martin’s Centre in the CBD two weeks ago.

Gage Roads Brewing Company

Stadium sales lift Gage Roads

Business News Business News
30 Apr 2018

Shares in Gage Roads Brewing Company have jumped today after the company posted impressive quarterly results, driven by strong sales at Optus Stadium.

MiningView all

BGC Contracting

BGC cuts Perth staff

Tayler Neale Tayler Neale
23 May 2018

BGC Contracting has announced personnel cuts within its Perth head office as part of a restructure that will also move its mining chief operating officer to Brisbane as the company shifts its focus to the east coast.

Rio Tinto

Rio Tinto in talks for Grasberg mine sale

AAP AAP
23 May 2018

Rio Tinto has confirmed it is in talks about the potential purchase of its stake in the Indonesian Grasberg mine for $3.5 billion.

Unearthed

Resources tech ripe for startups

Matt Mckenzie Matt Mckenzie
23 May 2018

The startup space supporting the resources sector is Australia’s game to lose, according to Unearthed director Justin Strharsky, but vision and wise investment are needed amid growing competition.

Titan Minerals

Titan raises $11m

Business News Business News
22 May 2018

Titan Minerals has announced an $11 million capital raising to fund the purchase of a processing plant and exploration work at its Torrecillas and San Santiago projects in Peru.

Pilbara Ports Authority

Pilbara Ports moves on Lumsden Point facility

Matt Mckenzie Matt Mckenzie
21 May 2018

A long-mooted port development at Lumsden Point adjacent to existing operations at Port Hedland has taken a step forward with the Pilbara Ports Authority opening expressions of interest for potential investors in the project.

OpinionView all

Good leaders inspire their teams

Jeffrey Gitomer Jeffrey Gitomer
23 May 2018

Managers can encourage or discourage sales with their policies and actions, so what makes a great sales manager?

Concerns for local lithium if Musk’s Tesla tanks

Tim Treadgold Tim Treadgold
22 May 2018

Recent comments by Tesla’s Elon Musk, and his company’s price dive immediately after, will be of interest to the state’s lithium miners.

Mark my words podcast

Mark Beyer Mark Beyer
Mark Pownall Mark Pownall
18 May 2018

PODCAST: Mark Pownall and Mark Beyer discuss defence contracts, LNG developments, high density housing, master entrepreneurs, The West Australian, lithium and our special report on philanthropy.

Liberal move divides party

Peter Kennedy Peter Kennedy
18 May 2018

The GST is a potential sleeper issue as WA heads to three by-elections.

Chevron

Emotive issues all talk

Mark Pownall Mark Pownall
17 May 2018

A renewed activist focus on the carbon sequestration efforts on Barrow Island is, like many populist arguments these days, abusing language to stir up emotions.

RetailView all

Myer

Myer blames warm weather for profit woes

AAP AAP
16 May 2018

Myer has warned unseasonably warmer weather could dent its fourth-quarter profit after third-quarter sales dipped 2.7 per cent to $635.3 million.

Woolworths

Woolies' Q3 sales growth surpasses Coles'

AAP AAP
02 May 2018

Woolworths has outpaced rival Coles' sales growth for a sixth consecutive quarter.

Wesfarmers

Wesfarmers leadership changes

Business News Business News
30 Apr 2018

Wesfarmers has announced two leadership changes today, with Officeworks chief executive Mark Ward set to step down at the end of the year, while former New Zealand prime minister Bill English has been appointed to the board of the Perth-based conglomerate.

UK Bunnings remains a weight on Wesfarmers

AAP AAP
27 Apr 2018

Wesfarmers has blamed severe winter weather for another dramatic fall in sales at its struggling Bunnings venture in the UK and Ireland.

Wesfarmers

Coles' third quarter sales lift 0.9%

AAP AAP
26 Apr 2018

Coles' food and liquor sales rose in the third quarter, with parent company Wesfarmers citing lower prices and improved service and quality for customers.

Most viewed people

Sophia Bolhassan

Sophia Bolhassan

Manager, Investor Relations, Australian Mines

John Poynton

John Poynton

Director, Linc Property
Non-Executive Chairman, Giving West
Council Chairman, Christ Church Grammar School
Non-Executive Chairman, Warrington Property
Non-Executive Chairman, Jindalee Partners
Non-Executive Director, Crown Perth
Non-Executive Chairman, Strike Energy
Board of Guardians, Future Fund

Denby Roberts

Denby Roberts

Director, DR Capital

Sharon Warburton

Sharon Warburton

Non-Executive Director (Co-Deputy Chair since 2017), Fortescue Metals Group
Director, Perth Children's Hospital Foundation
Non-Executive Director, Gold Road Resources
Founder, Steel Heels
Director, Barminco

Graham Riley

Graham Riley

Non-Executive Director (Non-Executive Chairman 2009-2012), Gascoyne Resources
Non-Executive Director, Zenith Minerals

Thought LeadershipView all

Zetta

The Evolution of Disaster Recovery: Achieving IT Resiliency

Gary Cooper Gary Cooper
14 May 2018

The backup and recovery strategy that forms the backbone of IT resiliency has come a long way in the last twenty years. IT teams have evolved from preserving and protecting company data on tape systems, and there is an increasing realisation that in-house data centres act as a single point of failure.

Industry, Tertiary Education and Government: is the DNA of WA life a Triple Helix?

Garry Hunt Garry Hunt
30 Apr 2018

It’s long been acknowledged that the interrelationship between industry, tertiary education and training providers and government can either help or hinder innovation in a society, depending on how th

Do you want the Lamborghini, the Hyundai or the Bicycle … of salary benchmarking?

Heather Warner Heather Warner
30 Apr 2018

Salary benchmarking can be as illuminating for businesses as it is for employees.

Diversus

Empower your team with Digital

Claude De Lucia Claude De Lucia
04 Apr 2018

A workplace is no longer the physical office space or place of work, it is wherever work takes place. Network barriers, organisational silos, lack of knowledge sharing, restrictive work practices

St Vincent de Paul Society WA Inc

Financial Counselling - An Integrated Response

Suzanne Long Suzanne Long
15 Mar 2018

Members and volunteers are at the core of the work that Vinnies does, and last financial year these remarkable people assisted over 38,000 Western Australians.