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

Corporate Finance DealsView all

Graphex Mining

Graphex raises $2.6m for Chilalo

Business News Business News
24 Jul 2017

Graphex Mining has tapped investors for $2.6 million as it moves ahead with development of its Chilalo graphite project in Tanzania, amid legislative changes to how the country’s government receives mining royalties.

Tempo Australia

Tempo buys electrical engineer

Business News Business News
24 Jul 2017

Tempo Australia has announced the acquisition of NSW-based electrical engineering company KP Electric for up to $10.1 million.

New Century Resources

Attila completes New Century reverse takeover

Business News Business News
21 Jul 2017

New Century Resources has enjoyed fruitful gains on its first day of trading on the ASX after completing a reverse takeover of Perth-based Attila Resources.

Bis Industries

Bis in $1bn debt-for-equity deal

Fraser Beattie Fraser Beattie
20 Jul 2017

Bis Industries, one of the major transport players in Western Australia, will come under new ownership after a $1 billion debt-for-equity swap deal was struck with its major lenders.

Nuheara

Nuheara taps investors for $9m

Business News Business News
20 Jul 2017

Local tech company Nuheara has tapped investors for $9 million to fund ongoing development and enhancement of its IQbuds wireless headphones.

Most CommentedView all

Mineral Resources

EPA rejects MinRes, Sinosteel iron ore mines

Business News Business News
28 Jun 2017

The environmental watchdog has recommended rejection of two proposals to mine iron ore in Western Australia because they would cause irreversible damage to the land.

Shell

Prelude to an LNG drag race

Tim Treadgold Tim Treadgold
12 Jul 2017

OPINION: The resources world is watching to see how the technology on Shell’s Prelude platform performs against Inpex’s more traditional Ichthys operation.

Braemar Presbyterian Care

CEO lunch with Wayne Belcher

Mark Pownall Mark Pownall
14 Jul 2017

New Business News CEO Mark Pownall sat down at Julio’s with Braemar Presbyterian Care’s Wayne Belcher to discuss his career and experiences in the aged care sector.

Greens senator quits federal parliament

AAP AAP
14 Jul 2017

Greens senator Scott Ludlam is leaving federal parliament after finding out he was improperly elected more than a decade ago.

Nuheara

Nuheara shines among Rising Stars

Katie McDonald Katie McDonald
29 Jun 2017

Wearable technologies company Nuheara has topped an impressive year of growth, being named the Business News Rising Stars overall winner for 2017.

Politics & the EconomyView all

Rising dollar guards petrol pump: CommSec

AAP AAP
24 Jul 2017

A rising Australian dollar should protect motorists against any nasty surprises at the pump, according to the latest research by CommSec.

WA economy lags nation, again

AAP AAP
24 Jul 2017

Western Australia has achieved the unwanted title of Australia's worst performed economy for a fourth consecutive quarter.

Steele-John to replace Ludlam in Senate

AAP AAP
21 Jul 2017

The 22-year-old disability advocate set to fill the Greens seat left vacant by Scott Ludlam has vowed to smash stereotypes and represent the interests of the young and disabled in federal parliament.

Chamber of Commerce and Industry of WA

Signs of growth in WA economy

Fraser Beattie Fraser Beattie
20 Jul 2017

There are signs of recovery in the local economy, with employment and sales activity numbers showing improved performance in June and a major report predicting further recovery next year.

Department of the Premier and Cabinet

Foster to head Premier's department

Fraser Beattie Fraser Beattie
19 Jul 2017

Darren Foster has been formally confirmed as director general of the Department of the Premier and Cabinet, making him arguably the state's most powerful public servant, in a move forshadowed by Business News in March.

Upcoming Business News EventsView all

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

Hyatt Regency Perth - 27 July 2017

Success and Leadership - Mike McKenna from Perth...

Hyatt Regency Perth - 20 September 2017

PropertyView all

Master Builders Association

Luxury hotel named WA’s best build

Dan Wilkie Dan Wilkie
24 Jul 2017

Crown Towers Perth has emerged as Western Australia’s standout construction project, with the ultra-luxury hotel on the Burswood Peninsula winning two major categories at the Master Builders Association’s annual excellence in construction awards.

Melville Plaza

Melville Plaza to get $5m upgrade

Dan Wilkie Dan Wilkie
19 Jul 2017

Retail landlord Hawaiian will spend $5 million bringing one of the oldest shopping centres in its portfolio up to date, with work to start on a redevelopment of the 45-year-old Melville Plaza later this month.

JLL

Positivity flows into office sector

Dan Wilkie Dan Wilkie
18 Jul 2017

A growing chorus of major voices in Perth’s commercial property sector is suggesting the worst of the recent period of sluggish activity may be over, with consistent demand for space and renewed investor interest indicating the marketplace is on the improve.

MGroup

Eastern deals attract west coast groups

Dan Wilkie Dan Wilkie
18 Jul 2017

East coast opportunities are increasingly beckoning for WA-based property companies.

Putting community back into idle spaces

Dan Wilkie Dan Wilkie
17 Jul 2017

An online startup is bringing the sharing economy to residential and commercial property. 

Arts & CommunityView all

ScreenWest

Screenwest becomes an NFP

Katie McDonald Katie McDonald
20 Jul 2017

The state’s peak body for screen funding and development, Screenwest, has today formalised its transition from a government agency to an independent not-for-profit organisation.

Bankwest Foundation

Charities challenged to measure up

Katie McDonald Katie McDonald
17 Jul 2017

Many charities are struggling to measure outcomes in an increasingly competitive funding environment.

FORM

Artist in residence with Berndnaut Smilde

Katie McDonald Katie McDonald
13 Jul 2017

Berndnaut Smilde has spent years sculpting temporary clouds inside bare and evocative architectural spaces, but was inspired to replicate his artwork outdoors after encountering the sweeping landscapes of the Pilbara last year. 

Spare Parts Puppet Theatre

Artist in residence with Philip Mitchell

Katie McDonald Katie McDonald
05 Jul 2017

A career in puppetry was the furthest thing from Philip Mitchell’s mind two decades ago, when he had his sights set on making it in the music business.

Azure Capital

WA businesses to sweat it out for Starlight

Eliza Lyon
05 Jul 2017

Azure Capital, KPMG and Bis Industries are among the local businesses that have signed on for a series of outdoor events later this month for Starlight Children Foundation’s 2017 Great Adventure Ch

Featured PhotographsView all

More photos: bit.ly/2017RisingStars
Jimmy McKeown Chief Distiller, founder
CEO Howard Cearns and distiller Alex Poulsen
Linda Taylor and her 4 ambassadors
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

EnergyView all

Norwest Energy

Jockeying for position in Perth Basin

Matt Mckenzie Matt Mckenzie
24 Jul 2017

SPECIAL REPORT: Only a small number of oil and gas players in the Perth Basin are moving forward on projects.

Whitebark Energy

Fracking moratorium hit to under-pressure gas plays

Matt Mckenzie Matt Mckenzie
24 Jul 2017

SPECIAL REPORT: Ongoing uncertainty over state government policy and a lengthy approvals process are muddying the waters for local energy hopefuls.

Woodside Petroleum

Mixed results for Woodside

AAP AAP
Business News Business News
20 Jul 2017

Energy giant Woodside Petroleum has posted a 6.6 per cent fall in second quarter production following outages at some of its facilities and lower share of pipeline gas from the North West Shelf. 

Empire Oil & Gas

Walker replaces Aitken at Empire

Matt Mckenzie Matt Mckenzie
19 Jul 2017

Former Canaccord Genuity head of energy Asia Pacific, Angus Walker, has taken over the helm of Perth Basin energy producer Empire Oil & Gas today after the resignation of managing director Ken Aitken.

Inpex

WA biggest winner from Inpex project

Matt Mckenzie Matt Mckenzie
14 Jul 2017

Tokyo-based Inpex’s Ichthys LNG project will provide a $34 billion boost to incomes in Western Australia across the period to 2050, and generate about $73 billion of tax revenue, according to an economic impact report by Acil Allen Consulting released today.

"Mark My Words" PodcastsView all

21 July 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss FMG's native title stoush, trucking sector restructuring, Quintis drama, economic update, honey, and the onshore oil and gas sector.

 
14 July 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss property development, university donations, lithium action, crowd-funding and Japanese buyers.

 

14 July 2017

New Business News CEO Mark Pownall sat down at Julio’s with Braemar Presbyterian Care’s Wayne Belcher to discuss his career and experiences in the aged care sector.
07 July 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss Paladin's collapse, Fastbrick Robotics, Peet and Perron Group, indigenous contracting and this year’s Total Shareholder Return survey.
30 June 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss BHP expansion, EPA decisions, renewable projects, Rising Stars, and BN Awards.

Food & WineView all

Great Southern Distilling Company

Syme distils recipe for success

Katie McDonald Katie McDonald
14 Jul 2017

A series of local and global accolades has helped craft export opportunities for Great Southern Distilling Company.

Great Southern Distilling Company

Great Southern takes top prize at Telstra awards

Fraser Beattie Fraser Beattie
10 Jul 2017

Boutique distillery Great Southern Distilling Company has been crowned this year’s Telstra Western Australian Business of the Year.

The Monk Craft Brewery & Kitchen

Removing the mystery from beer history

Dan Wilkie Dan Wilkie
30 Jun 2017

A pair of beer industry entrepreneurs is aiming to raise awareness of the history of WA’s favourite amber fluid.

Competitive Foods Australia

Collins buys more WA KFC restaurants

Fraser Beattie Fraser Beattie
26 Jun 2017

ASX-listed Collins Foods will spend $110.2 million to acquire 28 KFC restaurants around Australia from US-based Yum! Brands, six of which are in Western Australia.

Claremont tops for amenity

Dan Wilkie Dan Wilkie
20 Jun 2017

Theoretically speaking, office workers in Subiaco have to wait about seven times as long as their Claremont counterparts for a morning coffee, an analysis of amenity levels across 50 suburban office markets has revealed.

MiningView all

Paladin Energy

Paladin administrators restructure debt

Fraser Beattie Fraser Beattie
24 Jul 2017

The administrators of Paladin Energy have entered into an agreement with Deutsche Bank to refinance some of the troubled uranium miner’s debt and fund ongoing work at the Langer Heinrich mine in Namibia.

Newcrest Mining

Newcrest output drops on Cadia hit

AAP AAP
24 Jul 2017

Newcrest Mining has posted a 2.4 per cent drop in full-year gold production driven by lower output at its Cadia mine in NSW, which was shut after an earthquake in April.

Atlas Iron

Steady quarter for Atlas Iron

Fraser Beattie Fraser Beattie
21 Jul 2017

Atlas Iron has delivered a steady result for the three months to June and has reaffirmed its output guidance for FY18.

Paladin Energy

Paladin's Langer Heinrich stake worth $526m

Business News Business News
21 Jul 2017

Paladin Energy says it is entitled to receive about $US416 million for its majority stake in the Langer Heinrich uranium mine in Namibia, following an independent evaluation of the asset.

Fortescue Metals Group

FMG likely to appeal native title decision

AAP AAP
21 Jul 2017

Fortescue Metals Group is likely to lodge an appeal after the Federal Court recognised the Yindjibarndi people have exclusive rights over Pilbara land where the company operates the Solomon iron ore operation.

OpinionView all

Mark my words podcast

Mark Pownall Mark Pownall
Mark Beyer Mark Beyer
21 Jul 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss FMG's native title stoush, trucking sector restructuring, Quintis drama, economic update, honey, and the onshore oil and gas sector. 

Wake up and write

Jeffrey Gitomer Jeffrey Gitomer
18 Jul 2017

OPINION: Without regular engagement with your social media followers (potential customers), your social media business strategy is going nowhere.

Settling foundations for GST change

Mark Pownall Mark Pownall
17 Jul 2017

OPINION: The perverse incentives created by the application of horizontal fiscal equalisation emerged clearly during a recent Productivity Commission inquiry.

Libs need to mend some fences

Peter Kennedy Peter Kennedy
14 Jul 2017

OPINION: The ball is in Malcolm Turnbull’s court if the Liberals want to shore up seats in WA.

Mark my words podcast

Mark Pownall Mark Pownall
Mark Beyer Mark Beyer
14 Jul 2017

In this Business News podcast Mark Pownall and Mark Beyer discuss property development, university donations, lithium action, crowd-funding and Japanese buyers. 

RetailView all

Woolworths

Woolies to remove single-use plastic bags

AAP AAP
14 Jul 2017

Woolworths, Big W and BWS liquor stores nationwide will stop giving out free plastic shopping bags within the next year.

Domino's Pizza

Coca-Cola Amatil dealt double blow

AAP AAP
06 Jul 2017

Coca Cola-Amatil has suffered a double blow, losing a contract with Australia's largest pizza chain to its rival and failing to get its latest no sugar offering on the shelves of supermarket giant Woolworths.

Camera Electronic focused on growth

Mark Beyer Mark Beyer
29 Jun 2017

Fifty years after Ronald and Valerie Frank started a camera repair business from their home, their two sons oversee a fast-growing business that combines a new bricks-and-mortar store with an expanding online presence.

WA car sales show first improvement in years

Fraser Beattie Fraser Beattie
06 Jun 2017

New car sales in Western Australia grew on a monthly basis for the first time in four years in May, but the upswing still falls well short of the slide in sales for the year to date.

Woodside Petroleum

CEO lunch with Michael Chaney

Charlie Gunningham Charlie Gunningham
02 Jun 2017

Business News sat down to lunch at Julio’s with Michael Chaney to discuss his career at Wesfarmers and beyond.

Most viewed companies

WindTurbine

WindTurbine

Quintis

Quintis

Ranked 7th from 43
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PharmAust

PharmAust

Ranked 107th from 213
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Lithium Australia

Lithium Australia

Ranked 110th from 428
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Sky and Space Global

Sky and Space Global

Ranked 215th from 213
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Most viewed people

John Poynton

John Poynton

Director, Linc Property
Non-Executive Chairman, Giving West
Council Chairman, Christ Church Grammar School
Non-Executive Chairman, Warrington Property Group
Non-Executive Chairman, Jindalee Partners
Non-Executive Director, Crown Perth
Non-Executive Chairman, Strike Energy

Andrew Birch

Andrew Birch

Managing Director, Vantage Performance

Conrad Crisafulli

Conrad Crisafulli

Former Non-Executive Director, Nearmap

Mark Elliott

Mark Elliott

Non-Executive Director, Nexus Minerals
Non-Executive Director, Aruma Resources

Alan Taylor

Alan Taylor

Former Non-Executive Director, Finance Director, Noble Mineral Resources
Former Senior Tax Manager, KPMG

Thought LeadershipView all

Local solution solves global IT issue

Marcus Ashby Marcus Ashby
24 Jul 2017

Government at all levels is focused on improving public safety and security at present.

Commonwealth Bank of Australia

Three ways to grow your business and boost revenue

Gary McGrath Gary McGrath
20 Jul 2017

Untapped innovation worth $37 billion to WA economy. Can innovation help grow a business and generate more revenue? 

Help! My employee is broken… What do I do?

Melanie Bridge Melanie Bridge
13 Jul 2017

In Western Australia, approximately two people are injured per hour seriously enough to take one or more days/shifts off work.

Commonwealth Bank of Australia

Facing in to retail headwinds the best strategy

Jerry Macey Jerry Macey
06 Jul 2017

Despite news reports of a retail decline, research shows innovative consumer businesses can still thrive.

BDO

ESIC Legislation Turns One

Marc Loftus Marc Loftus
29 Jun 2017

A celebration is seemingly in order, as the Early Stage Innovation Company (ESIC) tax incentives are turning one!