Business News

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.

Corporate finance deals Oct 14 to 20 2019

A summary of the smaller deals from last week, which did not get included in our daily news coverage.

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.

Corporate finance deals Oct 7 to 11 2019

A summary of last week's smaller deals that did not get included in our daily news coverage.

$25m of resources contracts

Kalium Lakes has awarded three gas infrastructure contracts valued at a combined $20 million, while Tianqi Lithium selected a contractor for $5 million worth of works.

Garlick appointed Freo CEO

Former Western Bulldogs chief executive Simon Garlick will replace Steve Rosich as chief executive of the Fremantle Dockers.

Perth Mint launches token offering

The Perth Mint has today announced the launch of a gold token, partnering with fintech startup InfiniGold to launch the world’s first gold token guaranteed by a sovereign entity.

Board Moves October 10, 2019

Our daily board moves wrap includes Kevin Matthews, Bruce McQuitty, Michael Edwards, Peter Gammell, Jeff Kennett, and Luke Martino.

Appointments October 11, 2019

Our weekly appointments wrap includes Glen Kelly, Matthew Benson-Lidholm, Kim Brooklyn, Erica Haddon, Mellisa Teede, Tim Wither, Don Harper, Evan Kirby, Polly Gee, Richard Van Ruth and Anna Donald,

People Moves: Seven West, Micromine and Global Rapid Rugby

Peter Gammell and Jeff Kennett will step down as directors of Seven West Media, while Micromine and Global Rapid Rugby have appointed new chief executives.

ALH Group granted key approval in Como Hotel redevelopment

Redevelopment plans for The Como Hotel are a step closer to reality, with property developer and Woolworths subsidiary ALH Group having been granted a variation on its existing liquor licence.



COVID-19 daily wrap: WA to ban regional travel

Mark McGowan says regional WA travel restrictions will soon be announced, foreshadows beach closures. Optus Stadium converted to emergency headquarters for WA police. WA's confirmed COVID-19 cases grew by 35 to 175.

COVID-19 daily wrap: WA closer to lockdown

WA's confirmed COVID-19 cases jumped by 20 overnight to 140. Premier Mark McGowan warned not enough people were adhering to social distancing rules. WA will go into border lockdown tomorrow while cafes, restaurants and bars were restricted to takeaway services only at 12pm today.

COVID-19 daily wrap: First community transmission in WA

Roger Cook confirms community transmission in WA. Prime Minister Scott Morrison has imposed a travel ban on all non-residents. Confirmed COVID-19 cases in Australia has reached 514.

$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.

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Austal wins more maintenance work with US Navy

Henderson-based shipbuilder Austal has won a $US12 million ($A15.6 million) contract to provide maintenance work on a littoral combat ship it is currently building for the US Navy.

Carnarvon surges on gas test results

Shares in local oil and gas company Carnarvon Petroleum have surged on better than expected results at its Roc-2 well test offshore Port Hedland.

World's second-best hotel in Perth's CBD

Perth’s COMO the Treasury Hotel has been named the second best hotel in the world by travel publisher Conde Nast.

Gold Road project to cost $507m

Gold Road Resources has released its feasibility study on the Gruyere gold project near Laverton, which has detailed a $52 million increase in capital costs and a longer mine life.