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.

Cimic makes bid for Macmahon

Construction giant CIMIC Group has proposed to acquire all the shares it doesn't own in Perth-based Macmahon Holdings, with the deal valuing the target at about $174 million.

Seaplane day tours to Margaret River

A new tourism venture has taken flight, with sightseers now able to make day trips down south via seaplanes that take off and land on the Swan River, as a second operator continues a long-running battle to gain regulatory approval for a similar service.

Perth uniform supplier wins $96m govt contract

A Belmont-based, family-owned uniform supplier has won a $96.5 million contract to continue providing its services to the state government over the next 10 years.

Huntsman launches $4.5m IPO

Perth-based gold exploration company Huntsman Resources is seeking to list on the ASX with the launch of its prospectus for a $4.5 million initial public offering.

Outback WA housing market the nation's worst

Outback Western Australia is the worst-performing property market in the nation, according to a new report by ratings agency Moody's, which also found housing prices in Perth have fallen by 8 per cent since peaking in December 2014.

Whittens wins work on NSW wind farm

Local concrete construction business Whittens has won a $15 million contract with a joint venture comprising Monadelphous Group and ZEM Energy for work at the Sapphire wind farm in New South Wales.

$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.

MinRes boss pockets $21m from share sales

Mineral Resources managing director Chris Ellison has sold down a small portion of his stake in the diversified Perth business, netting $21.6 million from the transaction.

RCR wins $148m Pilgangoora contract

Pilbara Minerals has awarded a $148 million contract to RCR Tomlinson for the engineering, procurement and construction of processing facilities at its Pilgangoora lithium project south of Port Hedland.

Diploma unable to start new jobs

The Building Commission's Building Services Board has imposed conditions on two Diploma Group subsidiaries, limiting their ability to carry out work, after the parent company fell into the hands of administrators just before Christmas.

State go-ahead for Cameco uranium project

The state government has approved Canadian miner Cameco's proposed Yeelirrie uranium mine in the Goldfields, despite its failure to meet one of nine Environmental Protection Authority recommendations.

BGC, Laing O'Rourke lock in Northlink contract

A joint venture between BGC Contracting and Laing O'Rourke has been confirmed as the successful bidder for a $417 million contract to deliver the second stage of the Northlink WA roads project.

ASX queries Padbury's $106m raising plans

Padbury Mining has again attracted regulatory attention, with the company acknowledging it should have notified the ASX when it negotiated potential capital raisings worth $106 million with a Hong Kong-based investor last year.

EMCO, BGC win primary school work

BGC Construction, EMCO Building and Adco Constructions are among a number of local builders which have received a combined $48.3 million worth of contracts for work on police stations and new public schools.

Hospital defects mostly fixed: Nahan

Treasurer Mike Nahan says most of the 10,000 defects at the new Perth Children's Hospital revealed in public documents have been fixed, but he's hesitant to pinpoint when the already delayed facility will finally open its doors.

Roe 8 opponents lose Federal Court bid

The environmental group trying to stop work on the state government's Roe 8 project has been refused an interim injunction on construction by the Federal Court, but has vowed to keep fighting.

Turnbull’s office to probe Ley scandal

The prime minister has ordered the secretary of the Department of Prime Minister and Cabinet to investigate the travel claims surrounding Health Minister Sussan Ley, who has stepped aside from her duties.

Carnegie taps market for $5m

Recently renamed Carnegie Clean Energy has launched a $5 million capital raising to prepare itself for opportunities that may come up through its joint venture with developer Lendlease.

Grist, Nathan back local startup

Vocus Upstart co-founders Anthony Grist and Robert Nathan have participated in a $300,000 capital raising by Perth-based startup GeoMoby.

Gold miners hit problems

Two Perth-based gold miners have run into trouble, with Troy Resources striking problems at its mine and Kingsrose Mining falling into voluntary administration.

Asic has partial win over WA director

The 12-year old scandal over the Australian Wheat Board's payments to the government of Iraq has moved closer to final resolution, with its former chairman Trevor Flugge convicted today of breaching his duties as a director but cleared of more serious charges concerning his knowledge of the payments.

Kin's Leonora costs down to $35m

Gold junior KIN Mining has released a pre-feasibility study on its Leonora project with a smaller capital cost estimate than that flagged in a scoping study earlier this year.

Spur grants for local startups

The state government's co-working hub Spur has announced nine local startup companies which will share in $91,000 of grants to help develop their products.

Strike sells Peru iron ore assets for $13m

Perth-based Strike Resources has sold its Apurimac and Cusco iron ore projects in Peru for about $13.5 million, as the company shifts its focus to other commodities.

Board gender diversity closer to AICD target

Today's appointment by Independence Group of its first female board member has taken it off the list of ASX200 companies lacking female representation on their boards, although four other Western Australian businesses remain among those still to adopt gender diversity at board level.

Lawrenson takes top job at Atlas Iron

Pacific Energy chairman Cliff Lawrenson will add the top job at Atlas Iron to his list of roles after being appointed chief executive and managing director of the iron ore miner today.

Perth property plunge close to bottom: Hemsley

New data out today confirms Perth's residential property market has yet to show signs of a turnaround, but one industry figure says the sector is close to the bottom of the cycle.

Bombora puts $180m capex on wave farm

Renewable technology company Bombora Wave Power says an independent study has confirmed the viability of its first commercial project, a 60-megawatt wave farm in Portugal, which it says will cost $180 million to develop.

APA signs Emu Downs offtake deal with Synergy

Energy infrastructure company APA Group has entered into an agreement with Synergy for the purchase of power from its Emu Downs solar farm near Cervantes, with construction of the project now set to begin next month.

CBH members back cooperative structure

CBH Group will remain a non-distributing cooperative for the foreseeable future after a majority of its 4,100 members said they wanted to retain the current structure.

$92m in contracts for rural health service redevelopments

The state government has awarded $91.6 million worth of contracts to four building companies for the refurbishment and redevelopment of six health service centres across rural Western Australia.



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.

Perth feels pain in house sales

There was a lot of money made on residential property sales around Australia in the June quarter, but the joy wasn't spread around evenly, with more than 10 per cent of all houses and about 20 per cent of all units sold in Western Australia during the quarter selling at a loss.

Perth property plunge close to bottom: Hemsley

New data out today confirms Perth's residential property market has yet to show signs of a turnaround, but one industry figure says the sector is close to the bottom of the cycle.

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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.

Web company director convicted

The director of three Perth-based website development and digital marketing companies has been convicted in the District Court of using his position dishonestly to gain an advantage.