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

Corporate Finance DealsView all

BrainChip Holdings

Brainchip to push sales efforts with $6m raising

Business News Business News
26 May 2017

Technology company BrainChip Holdings has tapped investors for $6 million to expand its sales and marketing efforts.

Merchant Group

Merchant merges with Somers

Business News Business News
25 May 2017

Financial services firm Merchant Group has announced plans to merge with investment bank and funds manager Somers & Partners.

Buru Energy

Buru takes full ownership of Ungani

Business News Business News
25 May 2017

Onshore oil producer Buru Energy has taken full ownership of the Ungani operation in the Canning Basin as part of an asset swap with its joint venture partner, Mitsubishi Corporation.

Swick Mining Services

Swick raises $5m, buys tech business

Business News Business News
25 May 2017

Swick Mining Services has raised about $5 million from investors to fund the buyout of minority shareholders in a mineral analysis and measurement technology company in which it already owns a major stake.

Automotive Holdings Group

AHG takes stake in auction business

Business News Business News
24 May 2017

Logistics and car retailer Automotive Holdings Group has bought a major stake in an east coast-based vehicle auction business for an undisclosed sum.

Most CommentedView all

University of Western Australia

India’s growth an education opportunity

Dawn Freshwater Dawn Freshwater
02 May 2017

OPINION: Much has been made in recent times about the need to grow and diversify the Western Australian economy, now that the construction phase of the mining boom is over.

No promises for small states in GST review

AAP AAP
01 May 2017

The federal government won't guarantee Tasmania and South Australia will be no worse off under potential changes to the way GST revenue is carved up among the states.

Westpac

Banks can expect another whacking

Tim Treadgold Tim Treadgold
01 May 2017

OPINION: Bank bashing is one of Australia's favourite sports, and while it is generally played when banks are behaving badly, there is a time when the banks become political footballs for playing well, which is what will probably happen next week - for 16 billion reasons.

Metropolitan Redevelopment Authority

Lifeline for Scarborough dunes, businesses

Dan Wilkie Dan Wilkie
05 May 2017

Scarborough's sand dunes have gotten an 11th hour reprieve after the state government honoured an election commitment to rework planned road extensions, while businesses disrupted by a $75 million redevelopment program along the beachfront have been given a lifeline.

Nuheara

Nuheara completes capital raising

Business News Business News
05 May 2017

Perth-founded wearable technology company Nuheara has raised a total of $4.65 million, substantially less than its $7 million target. 

Politics & the EconomyView all

State government still plans to win ships work

Business News Business News
26 May 2017

The state government will appoint a defence advocate to lobby Canberra to win work slated for South Australia.

Buxton Resources

Strong returns, teething troubles for graphite

Matt Mckenzie Matt Mckenzie
25 May 2017

Graphite players have posted strong share price gains in the past 12 months and raised $66 million between them, but they are struggling to kick off production of the mineral. 

WA upper house gets first female president

Business News Business News
23 May 2017

Long-serving Labor MP Kate Doust has become Western Australia's first female president of the Legislative Council, while Sue Ellery will lead the government in the upper house.

Chamber of Commerce and Industry of WA

Willmott rules out bid for Cottesloe

Peter Kennedy Peter Kennedy
22 May 2017

Chamber of Commerce and Industry of WA chief executive Deidre Willmott will not be a contender for Liberal Party endorsement for the Legislative Assembly seat of Cottesloe when the incumbent, former premier Colin Barnett, quits politics.

Royal Automobile Club of WA

Perth transport costs among nation's highest

Business News Business News
22 May 2017

Perth's public transport users are slugged more per year than commuters in any other Australian capital except for Sydney, but Perth is the cheapest city to insure two family cars, according to new data.

Upcoming Business News EventsView all

Rising Stars Awards - 2017 Rising Stars Awards C...

Beaumonde On The Point (upstairs ballroom and function centre), 306 Riverside Drive, East Perth - 28 June 2017
Book Now

Success and Leadership - Richard Goyder AO - Wes...

Hyatt Regency Perth - 27 July 2017
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PropertyView all

Pritchard Francis

Contractors sought for Shenton Park Hospital redevelopment

Business News Business News
26 May 2017

Early works have begun on the state government's planned redevelopment of the Shenton Park Hospital into a residential and retail precinct, with expressions of interest for the first two lots to open next week.

FJM Property

Next stage for Knutsford build

Dan Wilkie Dan Wilkie
24 May 2017

Adrian Fini's development firm FJM Property is gearing up to launch the third stage of its Knutsford Precinct, near Fremantle, which was last year named as one of the best infill projects in the nation by the Australian Institute of Architects. 

Pindan Capital

Pindan gets solid return on Sydney sale

Dan Wilkie Dan Wilkie
23 May 2017

Pindan Capital has booked a near-$9 million profit after selling an office building in Sydney for $22 million.

Brian Burke Homes

Burke finds middle ground on builds

Dan Wilkie Dan Wilkie
23 May 2017

A foray into the mid-level market is paying dividends for luxury homebuilder Brian Burke Homes. 

Diploma Group

Diploma maintains faith despite liquidation order

Dan Wilkie Dan Wilkie
23 May 2017

UPDATE: Diploma Group boss Nick Di Latte says the company will continue to push forward with its proposal to revive the company and provide a return to creditors, after provisional liquidators were appointed to 20 Diploma-related entities today.

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.
29 May 2017 | @ 08:30am
AIM WA Signature Leadership Seminar - Emotional Intelligence with Daniel Goleman
29 May 2017 to 30 May 2017
 | @ 08:45am
Communicating with Influence
29 May 2017 to 02 Jun 2017
 | @ 09:00am
Company Directors Course
30 May 2017 | @ 05:30pm
#SMPerth May - Drinks for Perth Social Media
31 May 2017 | @ 09:00am
Aspiring Entrepreneurs - Women in Small Business
31 May 2017 | @ 05:00pm
Belmont Business 'Ask An Expert' Sundowner
01 Jun 2017 | @ 08:20am
Corporate Governance Forum 2017
01 Jun 2017 | @ 12:00pm
60 Minutes of Linkedin for Business Development
01 Jun 2017 | @ 05:30pm
UWA MBA Information Evening
02 Jun 2017 to 05 Jun 2017
 | @ 10:00am
Jazz by the Bay

Arts & CommunityView all

Vasse Felix

Top chefs gather for foodie fest

Katie McDonald Katie McDonald
26 May 2017

Farmers, cooks, producers and consumers will join one of Australia's top chefs Ben Shewry this Sunday for a series of workshops, panel discussions and talks as part of Perth's inaugural Food and Drink Symposium. 

Festival honours Fremantle’s past

Katie McDonald Katie McDonald
26 May 2017

Visitors to Fremantle will take a step back in time as the city kicks off its annual heritage festival today. 

Telstra

Support blooms for Cystic Fibrosis

Katie McDonald Katie McDonald
25 May 2017

Hundreds of volunteers and businesses across the state have joined forces to sell more than 13,000 long-stemmed roses in support of children and young adults living with Cystic Fibrosis.

Brightwater Care Group

Strong appetite for Brightwater giving appeal

Katie McDonald Katie McDonald
24 May 2017

Brightwater Care Group held its annual fundraiser at Crown Towers last Friday, with about 1,000 guests raising $230,000 for the organisation's work in the community.

Minderoo Foundation

Forrests gift $400m

Katie McDonald Katie McDonald
22 May 2017

Mining magnate Andrew Forrest and his wife, Nicola Forrest, have made history today with a $400 million pledge the prime minister has called a 'game changer'.

Featured PhotographsView all

The rise of sneaker culture AGWA
15 years of winners - 40under40 book launch at the Beaumonde On The Point
Freshly caught green abalones
That's not an easy job to put these reefs into the water when the ocean is rough
EY Entrepreneur of the year lunch
Premium olive oil with warmed olives and house baked bread
The views from a tent at Olio Bello's farm
They have more than 10,000 olive trees of 17 different varieties
Matt Manners surf shaper
Spectators at Margaret River Pro

EnergyView all

Woodside Petroleum

Woodside puts focus on brownfields

AAP AAP
23 May 2017

Woodside Petroleum plans to boost cash flow through expansion of existing projects over the next few years and has ruled out investment in any major greenfield projects in the near term.

Monadelphous Group

Monadelphous secures major Inpex contract

Nick Catlin Nick Catlin
09 May 2017

Engineering company Monadelphous Group has been awarded a contract to provide offshore maintenance services to the Ichthys LNG project by oil and gas company INPEX.

Woodside Petroleum

Woodside bullish on Browse

Mark Beyer Mark Beyer
05 May 2017

Woodside Petroleum managing director Peter Coleman has sketched out plans to convert the two LNG plants on the Burrup Peninsula into an integrated processing hub that would take gas from the Browse Basin and other undeveloped fields off the Western Australian coast.

Synergy

Industry group backs private sector on renewables

Matt Mckenzie Matt Mckenzie
05 May 2017

The WA Independent Power Association has called for the state government to block a plan by public generator Synergy to set up a new renewable energy fund, while supporting a move to reduce Synergy's capacity.

Liquefied Natural Gas

LNG scores small win for Magnolia

Business News Business News
05 May 2017

West Perth-based Liquefied Natural Gas has scored a tick from a US regulator for initial site work at its Magnolia project in Louisiana, although a final investment decision won't be made until it has finalised offtake partners.

"Mark My Words" PodcastsView all

26 May 2017

In this Business News podcast Mark Pownall and Dan Wilkie discuss Forrest’s donation, Midland Gate expansion, investing in man caves and ICT for small business.

 

19 May 2017

In this Business News podcast Mark Pownall and Dan Wilkie discuss the Officeworks IPO, the WA economy, Diploma Group, and philanthropy and giving.

 

 

 
12 May 2017

In this Business News podcast Mark Pownall and Charlie Gunningham discuss the Bank levy, Perth’s Lord Mayor, international property investors and WA’s wine sector.

05 May 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss public sector overhaul, medical research funding, CityLink developments and our university sector.
28 April 2017

In this Business News podcast, Dan Wilkie and Mark Beyer discuss big changes to the public service, property developers, opportunities in defence, a new Qantas service, and our annual review of mining projects.

Food & WineView all

Woolworths

Woolworths ups food sales

AAP AAP
02 May 2017

Retail giant Woolworths has delivered strong comparable food sales for the third quarter in a sign it has wrested customers from arch-rival Coles.

Olive oil ecotourism opportunity

Dan Wilkie Dan Wilkie
Attila Csaszar Attila Csaszar
28 Apr 2017

PHOTO ESSAY: About six weeks after the last grapes have been picked from the vines in the Margaret River region another bountiful harvest begins - the olive harvest.

Old Young's Distillery

Local distillers show winning spirit

Katie McDonald Katie McDonald
06 Apr 2017

Those who fancy a tipple of the finest vodka or whisky will be pleased to learn that two of the world's best are made right here in Western Australia.

Bannister Downs Dairy

Getting more from the daily grind

Katie McDonald Katie McDonald
29 Mar 2017

From pods to beans, the founders of social enterprise Community Pod have extended their business model.

Competitive Foods Australia

Chains serve up $40m stores push

Matt Mckenzie Matt Mckenzie
23 Mar 2017

A big increase in takeaway spending in WA may not be flowing through to the big players, but they are still investing in market share.

Special ReportsView all

Philanthropy

Philanthropy

22 May 2017

Charities diversify appeal

Broadening the appeal of giving

Broadening the appeal of giving

Katie McDonald
22 May 2017
Passing the social licence test

Passing the social licence test

Katie McDonald
22 May 2017
New campaigns broaden arts bodies’ donor base

New campaigns broaden arts bodies’ donor base

Katie McDonald
22 May 2017
Forrests gift $400m

Forrests gift $400m

Katie McDonald
22 May 2017
Wineries 2017

Wineries 2017

15 May 2017

Spirit revives as wine returns to balance

Spirit revives as wine returns to balance

Mark Pownall
15 May 2017
Fogarty takes gold medal

Fogarty takes gold medal

Mark Pownall
15 May 2017
Vasse Felix realising great ambition

Vasse Felix realising great ambition

Mark Pownall
15 May 2017
Universities 2017

Universities 2017

08 May 2017

International students targeted

Universities head hunt for international students

Universities head hunt for international students

Mark Beyer
08 May 2017
Mining projects - May 2017

Mining projects - May 2017

01 May 2017

Gold, lithium driving new mines investment

Gold, lithium driving new mines investment

Matt Mckenzie
01 May 2017
Metalicity refloats Admiral Bay plan

Metalicity refloats Admiral Bay plan

Matt Mckenzie
01 May 2017
Filling niches

Filling niches

24 April 2017

Divergent strategies emerge in construction slowdown

Builders target niche opportunities

Builders target niche opportunities

Dan Wilkie
24 Apr 2017
Relationships key to longevity

Relationships key to longevity

Dan Wilkie
24 Apr 2017

MiningView all

Fortescue Metals Group

Iron ore bolsters WA rich lister rankings

Fraser Beattie Fraser Beattie
26 May 2017

An improved iron ore price delivered huge boosts for mining magnates Gina Rinehart and Andrew Forrest, who were two of the three Western Australians to feature in the top 10 on the nation's best known rich list.

Poseidon Nickel

Poseidon to spend $25m on Silver Swan

Business News Business News
26 May 2017

Poseidon Nickel expects to spend up to $25 million to restart operations at its mothballed Silver Swan mine near Kalgoorlie, according to a definitive feasibility study released today.

HopgoodGanim Lawyers

HopgoodGanim finds resources partner

Dan Wilkie Dan Wilkie
24 May 2017

Law firms HopgoodGanim Lawyers and Hunt & Humphry will amalgamate from July 1, with the deal designed to boost the combined firm's capabilities to take advantage of increasing activity in the r

Adani doesn't need Aussie banks: Walsh

AAP AAP
24 May 2017

Indian coal miner Adani does not need the financial backing of an Australian bank, former Rio Tinto chief executive Sam Walsh says.

CITIC Pacific Mining

From minesweeping to mine sites

Matt Mckenzie Matt Mckenzie
24 May 2017

A Queensland business that uses sensors to detect unexploded bombs in former conflict zones in South-East Asia and Europe is now using its technology to help iron ore miners find pieces of equipment that have broken off in stockpiles.

OpinionView all

Mark my words podcast

Mark Pownall Mark Pownall
Dan Wilkie Dan Wilkie
26 May 2017

In this Business News podcast Mark Pownall and Dan Wilkie discuss Forrest's donation, Midland Gate expansion, investing in man caves and ICT for small business. 

Little shelter from fallout

Catie Low Catie Low
25 May 2017

OPINION: Australia is becoming increasingly vulnerable to global, and local, economic shocks.

Create the scenario for sales success

Jeffrey Gitomer Jeffrey Gitomer
24 May 2017

OPINION: Building relationships is a key element in the process of securing a strong portfolio of sales.

Westpac

Counting the cost of not sticking to their knitting

Tim Treadgold Tim Treadgold
23 May 2017

OPINION: A failure to stick to their core competencies has led to significant disruption for businesses and organisations economy-wide.

Macquarie Group

Poor tax policy penalises success

Mark Pownall Mark Pownall
22 May 2017

OPINION: Picking on banks might be populist, but it is a very risky proposition.

RetailView all

National Australia Bank

Dick Smith investors plan class action

AAP AAP
26 May 2017

Shareholders in failed consumer electronics retailer Dick Smith are a step closer to taking class action against the business on the grounds they were misled about the company's profitability.

Automotive Holdings Group

AHG flags profit downgrade, write-downs

Business News Business News
25 May 2017

Perth-based Automotive Holdings Group will incur a $35 million write-down hit from the closure of some of its underperforming businesses, in response to the weak market for car retailers combined with recent regulatory changes by the corporate watchdog.

Ferrier Hodgson

More retail woes as Topshop hits the skids

AAP AAP
25 May 2017

The company operating Topshop's Australian stores has entered voluntary administration, becoming the latest in a list of retailers to stumble amid sluggish consumer spending.

Wesfarmers

Wesfarmers ends Officeworks IPO talks

AAP AAP
17 May 2017

Wesfarmers has decided against spinning-off its Officeworks stores via an initial public offering due to the market's current dim view of retail stocks.

National retail trade down 0.1% in March

AAP AAP
09 May 2017

Retail spending has slowed for a second consecutive month, official figures have shown, as consumers tighten their purse strings amid low wages growth.

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Quintis

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Most viewed people

Janelle Marr

Janelle Marr

Managing Director, Futures and Strategy, Step Beyond Business Advisors
Non-Executive Director, Ability Centre
Chair (since 2015), ScreenWest
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David Holden

David Holden

Executive Director, Business Services and Systems, MercyCare

David Holden

David Holden

Former Co-Founder, Managing Director, Firestrike Resources
Former Non-Executive Director, European Lithium
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John Palermo

Former Executive Chairman, Managing Director, Company Secretary, Consolidated Global Investments
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Former

Tim Clark

Tim Clark

Non-Executive Director
Company Secretary (from 2015), Cervantes Corporation
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Thought LeadershipView all

Commonwealth Bank of Australia

Business bankers strategic partners for challenges and change

Gary McGrath Gary McGrath
18 May 2017

Commonwealth Bank has transformed business banking to help small to large enterprises face emerging challenges and opportunities

NEC Australia

Global solution, local experts the key to major WA project

Andy Hurt Andy Hurt
09 May 2017

Western Australia's GovNext-ICT program, currently at start-up stage, has a number of phases - with each promising so much to the local community.

Have we forgotten the simple art of mentoring?

Abby Kenward Abby Kenward
02 May 2017

Research has shown employees are more likely to succeed in the workplace if they have a mentor.

NEC Australia

WA Outcomes setting the benchmark for consumption based IT in Government

Mike Barber Mike Barber
13 Apr 2017

Blue sky thinking comes from all manner of places.

City of Joondalup

Perth could become Australia’s next property investment hotspot – but where in Perth has the edge?

Garry Hunt Garry Hunt
13 Apr 2017

With recent property prices peaking in Sydney and Melbourne coupled with flat property conditions in Perth, there has been speculation recently that Perth is now the place to consider for investing in property. We all know that property investment has a number of risks so when considering investing in Perth, are there any areas that have the edge over other locations?