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Fraser Beattie

Fraser Beattie joined Business News in May 2014 and covers all of the latest mergers and acquisitions, contracts and deals, state politics and resources news online. Fraser graduated from Edith Cowan University in 2012 with a bachelor of communications degree, and majored in Journalism and broadcasting. He had a stint at a local radio station in Park City, Utah, in 2013, where he covered the latest trends in music in the US.

More than single lead source at PCH: Gow

A contractual fight is set to erupt between the state government and John Holland after the building commissioner today revealed there is more than one source of lead contaminating the water at the long-delayed Perth Children's Hospital.

Veem manager resigns amid court action

The recently recruited global sales manager of Perth engineering company VEEM has been forced to resign after his former employer took Supreme Court action, claiming he breached terms of his employment agreement.

Govt takes control of Perth Children's Hospital

The state government has taken control of the trouble-plagued Perth Children's Hospital to solve what it believes is the cause of the ongoing lead contamination problem.

Carnegie raising grows to $18m

Carnegie Clean Energy has tripled the size of its capital raising to $18 million after accepting oversubscriptions from a share purchase plan and undertaking an additional placement.

457 visa program to be replaced

Prime Minister Malcolm Turnbull has announced the abolishment of the 457 skilled visa program, which will be replaced by a visa with new requirements for temporary foreign workers.

MZI builds on offtake agreement

Shares in mineral sands miner MZI Resources were higher on news one of the company's existing offtake partners had agreed to take additional leucoxene product from its Keysbrook mine near Serpentine.

Trevisan replaces Perrin at Property Council

TRG Properties executive Tanya Trevisan has been elected president of the Property Council of Australia's WA division, replacing Tony Perrin who left the role after just two months following his departure from Frasers Property Australia.

Indiana survives leadership spill

A day after the Takeovers Panel put restrictions on the voting power of a group of shareholders in Indiana Resources, the same group has withdrawn plans to seek a board restructure vote at an upcoming general meeting.

WA's jobless rate hits 6.5%

The jobless rate in Western Australia notched up 0.4 percentage points last month, while national unemployment figures remained steady.

Western Areas' mill expansion plans back on

Western Areas has reignited plans to upgrade its Cosmic Boy concentrator in the light of interest in nickel in the electric vehicle battery market, with GR Engineering Services to carry out the work.

TPG to build its own mobile network

Telstra shares fell today after internet provider TPG Telecom said it would build Australia's fourth mobile network for about $1.9 billion, after securing much-needed mobile spectrum in a government auction.

Paringa raises $53m to build coal mine

After locking in a $US20 million ($A26 million) debt facility agreement last week, aspiring coal miner Paringa Resources has tapped investors for $53 million to fund development of its Poplar Grove mine in Kentucky.

Rise in Perth house prices tipped

A research collaboration between CoreLogic and ratings agency Moody's has predicted a turnaround in Perth's depressed property market this year, with a 2.8 per cent rise in detached house values foreshadowed.

Neometals to sell Mt Marion stake for $125m

Neometals hopes to reap about $US96 million ($A125 million) from the sale of its interest in the Mt Marion lithium mine near Kalgoorlie, with the operation's joint venture partners given a pre-emptive right to buy the stake.

TNG spin-out Todd River makes ASX debut

Todd River Resources has closed higher on its ASX debut, after spinning-out of Perth-based minerals explorer TNG and raising $6 million in an initial public offering.

Telstra joins subsea cable race to Singapore

Two competing subsea cables are set to be built between Perth and Singapore after Vocus Communications finalised construction contracts this week, coinciding with a Telstra-led consortium striking an agreement with the same builder.

Indiana fights takeover play

Bronwyn Barnes has been appointed the new chair of West Perth-based Indiana Resources, on the same day the company went to the Takeovers Panel to fight attempts by a group of shareholders to oust existing directors.

More pain in new car sales

New car sales in Western Australia slipped another 3.8 per cent last month, dragging its performance for the year even further away from parity.

Matthys takes on Quintis CEO role

Former BHP Billiton executive Julius Matthys has been named interim chief executive of Quintis, after Frank Wilson resigned on Tuesday to plot a takeover of the Indian sandalwood producer.

Western Areas positive on Cosmos

Nickel miner Western Areas will progress plans to develop a new deposit at its mothballed Cosmos project, after today revealing a $210 million capex to bring the mine into production.

Regional WA suffers population fall

The number of people living in regional Western Australia fell last year for the first time in at least a decade, with mining towns such as Leinster, Meekatharra, Kambalda and Coolgardie driving the decline, new data from the Australian Bureau of Statistics shows.

WA house sales to bottom out in 2017: HIA

There may have been little growth in new home sales last month Australia wide, but Western Australia helped keep the national figures in positive territory, with an industry figure foreshadowing a bottoming-out in the state over the year.

New study reveals Perth suburbs selling faster than in boom

The Real Estate Institute of Western Australia has revealed 10 Perth suburbs where properties are selling faster now than during the mining boom, with four of the top 10 in the western suburbs.

Takor renews ASX listing plans

After a failed attempt at a backdoor listing in 2015, geospatial data intelligence company Takor Group has announced new plans to list on the ASX by way of an $8 million initial public offer.

Wilson quits Quintis as takeover looms

An extraordinary twist has emerged in the Quintis saga, with founder and managing director Frank Wilson resigning to work with an unnamed overseas corporation that is planning a takeover proposal of the Perth-based Indian sandalwood producer.

Quintis stands firm on ASX queries

Quintis temporarily put the brakes on its falling share price by entering into a trading halt this morning, as it compiled a lengthy response to queries raised by the ASX.

Construction deal for $6bn Balla Balla iron ore project

Todd Corporation-controlled BBI Group has signed an agreement with a Chinese firm for construction of the $6 billion Balla Balla iron ore project in the Pilbara.

Quintis shares continue slide

Freshly renamed Indian sandalwood producer Quintis has suffered another share price slide, prompting a query from the ASX, following short-seller Glaucus Research Group's scathing report into the Nedlands-based business yesterday.

Western Force prospectus hits market

The Western Force is calling on the public to purchase $10 million worth of shares in the club in what it has labelled a "last call" to save it from being cut from the Super Rugby competition.

TFS rejects Ponzi claims

Indian sandalwood producer TFS Corporation has blasted US-based short-seller Glaucus Research Group for a scathing report which accused the Perth company of operating a Ponzi-like business structure.

Carnegie to build $20m solar power station

Renewable-focused Carnegie Clean Energy has announced it is developing a $20 million, 10-megawatt solar power station in Northam, which it says will generate enough electricity to power 4,000 homes for 25 years.

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New study reveals Perth suburbs selling faster than in boom

The Real Estate Institute of Western Australia has revealed 10 Perth suburbs where properties are selling faster now than during the mining boom, with four of the top 10 in the western suburbs.

No turnaround in sight for Perth house prices

Perth house prices have fallen 7.4 per cent over the past 18 months, making it the worst-performing housing market in the country.

$1.8bn World Trade Centre proposal for Perth

The state government has received a proposal for a $1.85 billion World Trade Centre in the Perth CBD from a Middle Eastern-backed private group that includes former Perth Airport manager Neil Kidd.

Rise in Perth house prices tipped

A research collaboration between CoreLogic and ratings agency Moody's has predicted a turnaround in Perth's depressed property market this year, with a 2.8 per cent rise in detached house values foreshadowed.

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Leighton consortium favoured for Roe 8

The state government has named a consortium led by Leighton Contractors as the preferred proponent for construction of the $500 million Roe 8 highway project, which is the first leg of the contentious Perth Freight Link.

Protestors take Roe 8 fight to High Court

Opponents of the state government's controversial Roe 8 highway extension project have taken their fight to the High Court following a recent decision that validated the project's environmental approval.

Site for western suburbs high school secured

The state government has locked down a site for a new public secondary school in Perth's western suburbs that will open its doors in 2020.

TFS rejects Ponzi claims

Indian sandalwood producer TFS Corporation has blasted US-based short-seller Glaucus Research Group for a scathing report which accused the Perth company of operating a Ponzi-like business structure.