Business News

Board Moves November 25, 2019

Our daily board moves wrap includes Peter Rohner, Peter Mullens, Peter Thompson, Neil Norris, Greg Boulton, Don Carroll, Simon Lill, Simon Wong, Bahay Ozcakmak, Patrick McManus, Alan Boyd, Tim Slate, Yugi Gouw, Karl Paganin, Derek La Ferla, and Thomas Lawrence.

Pioneer set to change hands

Pioneer Credit has disclosed it is just days away from announcing a preferred bidder for the troubled financial services business.

More transparency for WA public sector

The state government has detailed changes it plans to make across the public sector to enhance financial accountability and transparency, following recent corruption charges laid against a former senior public servant in the Department of Communities.

Board Moves November 22, 2019

Our daily board moves wrap includes Barry Sullivan, Lindsay Franker, Simon Eley, Hedley Widdup, David Quinlivan, Luke Tonkin, Derek La Ferla, Peter Harold, David Riekie, MaoFeng Ding, Les Davis, Brad Drabsch, Toby Wellman, David Morgan, and Robert Cooper.

WA Group buys White Ribbon

Not-for-profit group Communicare Inc has announced the acquisition of White Ribbon Australia, following negotiations with liquidators Worrells Solvency and Forensic Accountants.

Fleetwood wins NSW govt contract

Fleetwood Corporation subsidiary Modular Building Systems and national construction company Hansen Yuncken have been awarded a contract with the New South Wales government.

Curtin opens Midland campus

Curtin University has officially opened its Midland campus, part of the Metropolitan Redevelopment Authority’s plan to reposition the former railway workshops as a medical and education hub.

Board Moves November 21, 2019

Our daily board moves wrap includes Steven Wood, Silfia Morton, Jessamyn Lyons, Neil Hackett, Victor Rajasooriar, Peter Harold, Pip Darvall, Karen O'Neill, Nivin Thanabalan, and Brad Mytton.

Appointments November 22, 2019

Our weekly appointments wrap includes Tammie Dixon, Guy Chalkley, Marvin Chan, Ella Dachs and Mellisa Teede.

Vango enters agreement with Chinese entity

Vango Mining has entered a non-binding agreement with China-based Nonferrous Metal Industry’s Foreign Engineering and Construction (NFC) to provide $70 million for its Marymia project in the Mid-West region.

WA financial adviser banned for four years

A Perth financial adviser who worked for two prominent firms including Godfrey Pembroke has been banned from providing services for four years.

Industrial lots hit market

About 25 new industrial lots will be released across the Western Trade Coast region in south western Perth, the state government announced today.

Board Moves November 20, 2019

Our daily board moves wrap includes Rhoderick Grivas, Caedmon Marriott, Bill Oliver, Chris Afentoulis, Bruce McQuitty, Patrick Holywell, and Patrick Burke.

St Hilda’s plans South West expansion

St Hilda’s Anglican School for Girls has purchased a 7.4 hectare property in Pemberton for its new Yeagarup Campus.

Board Moves November 19, 2019

Cameron Adams, co-founder and chief product officer of Canva, has joined Esports Mogul as non-executive director.

Australia, US partnership for critical minerals

The mining sector has welcomed an agreement signed by Geoscience Australia and the United States Geological Survey to collaborate on developing critical minerals assets, which include commodities such as lithium and rare earths.

ADC completes $18m acquisition

Perth-based property group Australian Development Capital (ADC) has acquired the Belmont headquarters of international rail solutions group Hitachi Rail in an $18 million transaction.

Board Moves November 18, 2019

Neil Goodey has resigned as non-executive director of DTI Group. Mr Goodey co-founded the company and has been a director since 1995.

Alderan partners with Rio for US project

Minerals explorer Alderan Resources has entered an earn-in and joint venture agreement worth up to $US30 million with Rio Tinto to explore its Frisco project in Utah.

ASIC bans Perth director

The Australian Securities and Investments Commission has disqualified the founder and chief executive of labour hire company Ochre Workforce Solutions from managing companies for five years.

Curtin appoints Longreach Media, Carat

Curtin University has appointed Perth-based agencies Longreach Media and Carat Perth to work on the university’s domestic media planning and buying.

Board Moves November 14, 2019

David Woodall, chief executive of Superior Lake Resources, will be leaving the company. He will continue in the role until he has completed a handover of responsibilities to the board.

Appointments November 15, 2019

Our weekly appointments wrap includes Severine Logan, Michael Murphy, Peter Egan, Gningala Yarran-Mark, Kevin Gallagher, Ian Davies, Darren Hedley, Zoe Yujnovich and Paul Graham.

Monadelphous expands to South America

Engineering company Monadelphous has entered the Chilean market with the acquisition of two jointly-owned mining services providers, Buildtek and Maqrent.

Pawsey tenders for $70m project

Pawsey Supercomputing Centre has announced a tender as part of a $70 million new supercomputing system to replace its existing Magnus and Galaxy supercomputers.

Insolvency appointments October 30 to November 12 2019

There have been 32 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.

Board Moves November 13, 2019

Dr John Clarke will join the board of AVZ Minerals as non-executive chair at the start of December.

Yolk, Ventura picked for housing project

A new land and house development is set to revitalise the former Kinlock Primary School site in Ferndale, with Yolk Property Group and Ventura Home Group appointed as project managers.

Breaker to raise $8m

Junior gold explorer Breaker Resources has agreed to a non-brokered $8 million placement to a private equity fund managed by New York-based Electrum Group, with the proceeds to fund drilling activities at Breaker’s Lake Roe mine in Western Australia.

Board Moves November 12, 2019

Comet Resources has appointed Matthew O'Kane as managing director, and Philippa Leggat will step down as chief executive.

Pantoro puts $25m price tag on plant refurbishment

Gold producer Pantoro announced it has completed a processing plant options review and scoping estimate at the Norseman processing facility in Western Australia.



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.