As news editor, Mark oversees the day-to-day online news at Business News. His particular brief is following major deals, the professions and leading private business. Mark has nearly 30 years' experience, primarily in business journalism. Before becoming a journalist, he was a former economist with the Commonwealth Treasury in Canberra.
Hancock Prospecting is poised to become Western Australia's biggest private company after a investment and acquisition spree in iron ore and agribusiness which is expected some time this year to push its revenue past that of the incumbent number one for the past 12 years, home builder BGC. A 2018 reranking appears certain following research for the Business News Private Companies list published today in a special report.
Private Perth company Wright Prospecting has bolstered its already impressive ranks with the recruitment of top lawyer Peter Wiese, who will guide it through continuing legal disputes with fellow Perth company Hancock Prospecting.
Origin Energy has flagged a hit to profitability a day ahead of its half-year earnings, announcing it will take a $1.9 billion impairment charge against the value of some of its major assets, including the Australia Pacific LNG project and its Browse Basin gas fields.
Seven West Media appears to have put a value of $16.9 million on The Sunday Times newspaper and Perth Now website, as the publisher and broadcaster posted a sharp drop in first-half net profit and dividends, and sought to direct attention away from its ongoing battle with CEO Tim Worner's former lover.
Former Grant Thornton partner Matthew Donnelly and former Perth Airport executive Fiona Lander have brought to seven the number of external recruits to join Deloitte's Perth partnership in the past five months, offsetting moves by other partners such as Jenn Morris, who has retired from the firm.
Emeco Holdings today sent out a mammoth 811 pages of documentation for its revised restructuring scheme, and buried inside is a breakdown of fees showing that, while its lawyers will get paid more, the company's financial advisers will take a haircut after the first restructuring scheme fell over.
An Aboriginal corporation has obtained a Supreme Court ruling that will require Mitsui & Company subsidiary Onslow Salt to release documents concerning its dealings with oil and gas giant Chevron, and contractors Bechtel and Thiess, over the Wheatstone LNG project.
The three international vendors that won the state government's landmark GovNext contract say the initiative will provide local information and communication technology businesses with opportunities to share in the work.
The Labor Party moved swiftly today to reassure the business sector that it would not hand over responsibility for project approvals to an independent tribunal, after reports it was considering such a change.
The Barnett government is hoping to slash its spending on information and communication technology (ICT) infrastructure by up to 25 per cent after signing contracts today with three international vendors.
Perth-based mining technology firm MiPlan has been bought by US company Hexagon Mining, six years after it was established by Robert and Louise Daw with backing from three local venture capital investors.
Sparke Helmore Lawyers will become the 12th largest law firm in Western Australia, according to the BNiQ Seach Engine, after announcing today it has finalised merger plans with local practice Jarman McKenna.
Sodexo has been shortlisted with two other companies to manage all of Rio Tinto's camps and other facilities in the Pilbara, in the same week it has been awarded a contract to run Shell's Prelude Floating LNG facility.
A joint venture comprising Henderson-based contractor Civmec and international engineering firm Black & Veatch has been selected as preferred proponent for a $196 million wastewater project south of Perth.
The Kailis family has folded its Kailis Bros seafood business into a larger, newly-capitalised venture called KB Foods that will be 90 per cent owned by Hong Kong-listed conglomerate Legend Holdings. Click through to see the multiple WA businesses owned by members of the Kailis family in WA.
Western Australia's second largest Aboriginal corporation has defended a joint venture with Perth contractor Gary Johnson following claims the agreement had produced unfair profits for Mr Johnson's business.