Business News

Cedar Woods expands Victorian portfolio

Cedar Woods Properties has acquired a 43-hectare site in Melbourne’s north for $56.65 million to accommodate a master planned community of more than 500 lots.

Board Moves October 30, 2019

Dr Michel Bonnemaison has resigned as non-executive director of Apollo Minerals.

Mader Group revenue, profit up

Perth-based mining services company Mader Group has recorded annual revenue growth of 46 per cent, to $228.6 million, in its first annual report since listing on the ASX.

Westforce awarded $1.6m contract

Welshpool-based company Westforce Construction has been chosen to design and build two new car parks at Meltham and Ashfield train stations.

Board Moves October 29, 2019

Our daily board moves wrap includes Brett Lawrence, Cliff Lawrenson, Rick Crabb, Michael Shirley, Brian Elton, and Chris Brophy.

de Mori, Gilbert win NFP director awards

The Australian Institute of Company Directors has announced EON Foundation chair Caroline de Mori and South Coast Natural Resource Management board member and audit committee chair Joanne Gilbert as the winners of the PwC Director Awards for Excellence in the Not-for-Profit Sector in WA.

Board Moves October 28, 2019

AusCann Group Holdings has announced changes to its board as it progresses towards the next stage of growth and development as a cannabinoid-focused pharmaceutical company.

Van Der Wielen, Shackleton join RFDS board

The Royal Flying Doctor Service WA has appointed its former chief executive Tim Shackleton and HBF chief executive John Van Der Wielen to the board.

Board Moves October 25, 2019

Affinity Energy and Health has appointed Terry Gardiner as non-executive director and Jessica Rodrigues as company secretary, following the retirement of Josh Puckridge from both those roles.

Ausdrill, FMG sign hockey deals

Perenti Global subsidiary Ausdrill and Fortescue Metals Group have struck separate partnership deals with hockey teams, including the national women's and men's hockey teams.

Plans for $32m car park in Mandurah

The state government is seeking tenders to design and build a $32 million multi-storey car park at Mandurah Train Station, with construction to commence early next year.

Matrix in sale-leaseback deal with APiL worth $20m

Matrix Composites & Engineering announced it has signed a contract with Australasian Property Investments for the sale and leaseback of its Henderson facility.

Board Moves October 24, 2019

Our daily board moves wrap includes Grant Anderson, Andrew Bloore, Nicholas Earner, Benjamin Jarvis, Sam Jarvis, Lynne Saint, Mark Ashley, Charles Thomas, Peter Newton, Simon Heggen, Brett Lambert, Patrick O'Connor, Anthony Polglase, David Buckingham, and John Mair.

Appointments October 24, 2019

Our weekly appointments wrap includes Lydia Litton, William Bradford, Nicholas van Hattem, Chris Torrey, Gail Beck, Daniel Brown, Merle Carter, Linda Dridi, Jonathan Ford, Corina Martin, Vicki O’Donnell...

Indigenous contractor awarded $4.5m works

Pre-construction works for stage one of the Bussell Highway dual carriageway project have begun, with the $4.5 million tender awarded to a joint venture between indigenous-owned and operated DK Kaartdijin and civil contractor BCP Group.

Campaign to support small business

The state government has announced a campaign to encourage Western Australians to change their spending habits to better support small businesses and local entrepreneurs.

Board Moves October 23, 2019

Our daily board moves wrap includes Timothy Cotton, Louis Calvarin, Kevin Dundo, Winnie Lai Hadad, Victor Rajasooriar, Govert van Ek, Peter McMorrow, and Matthew Blake.

Triangle awards two Cliff Head contracts

Perth Basin oil producer Triangle Energy has awarded contracts to local businesses for helicopter and vessel services.

Board Moves October 22, 2019

Vital Metals has appointed Geoff Atkins and Evan Cranston as managing director and non-executive director respectively.

Board Moves October 21, 2019

Malcolm Smartt has replaced Nicholas Yeak as company secretary of A-Cap Energy.

Board Moves October 18, 2019

Les Guthrie will join the board of Australian Mines as non-executive director in late November.

Insolvency appointments October 2 to 15 2019

There have been 20 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.

Board Moves October 17, 2019

Our daily board moves wrap includes Flemming Bjoernslev, Anthony Polglase, Dean Hely, Cliff Lawrenson, and Roderick Webster.

Appointments October 17, 2019

Our weekly appointments wrap includes Michael Hughes, Craig Lennard, Tim Searle, Jade Macukatt, Alex Gregg, Gemma Cooper, Alex Ward-Noonan, Steve Blyth, Dean Lavers, Robert Wilton, Colin La Galia, and Martine Keenan.

Main Roads awards $17m contract

Central Earthmoving has secured a contract for the construction of 4.5 kilometres of new carriageway and new traffic lights on the Great Northern Highway.

Canva raises $125m

Perth-founded online design platform Canva has raised $US85 million ($125 million), which it said had boosted its value to $US3.2 billion.

Board Moves October 16, 2019

Our daily board moves wrap includes Uwe Henke Von Parpart, David Welch, Alistair Cowden, Mark Hanlon, Anthony McIntosh, Victor Rajasooriar, Richard Hill, Ryan Gurner, Sarah Curnow, Kate Stoney, John Zimmerman, Mark Calderwood, Paul Kitto, and Daniel Noonan.

Two juniors raise capital

AusQuest is set to raise $2.4 million to advance exploration projects in Western Australia and Peru, while Sagon Resources tapped the market for $1.25 million.

Board Moves October 15, 2019

Benjamin Donovan has replaced Adam Webb Ware as company secretary of HotCopper Holdings.

Hanssen fined for Vue accident

Hanssen has been fined $47,500, after a tilt-up panel fell from a Finbar Group development onto parked cars, with the construction work being supervised by someone without adequate qualifications.

Board Moves October 14, 2019

Our daily board moves wrap includes Tim Mason, Charlie Bass, Tim Staermose, Colin La Galia, Martine Keenan, Paul Goldfinch, Simon Mitchell, Ashley Hood, and Ian Macliver.



$120m in new work for Monadelphous

Perth-based Monadelphous Group has received a number of contracts with multiple clients including Fortescue Metals Group, BHP Billiton and Chevron, with the work worth a combined $120 million.

FMG appoints Gaines as CEO

Fortescue Metals Group has announced major changes to its leadership, with a new chief executive taking the reins and its directors taking a hands-on role to support an updated strategy that focuses on producing more higher-grade iron ore.

Perth tax agent deregistered

The Tax Practitioners Board (TFB) announced this morning that it had terminated the tax agent registration of Peter Moltoni, following an investigation into the Perth accountant’s ties to a shell company in the British Virgin Islands.

Perth CBD office vacancy hits 25-year peak

Downsizing in the resources sector is outstripping emerging demand from technology, medical and education businesses for CBD office space according to a new report by independent property research firm Y Research.

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EPA rejects MinRes, Sinosteel iron ore mines

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.

Govt unveils marina, dust plans for Port Hedland

The state government is planning to restrict new residential developments in the west end of Port Hedland while also implementing a new regulatory framework for air quality in the town, which is located adjacent to large iron ore stockpiles.

Robert Kennedy passes away

Company director Robert (Bob) Kennedy, who was a director or chairman of four ASX-listed companies, has passed away after a short illness.

Taxi plate buy-back part of transport shake-up

Perth taxi and Uber users may see a 10 per cent fare hike for the next four years to fund taxi plate buy-backs as the state government revamps on-demand transport.