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Mark Beyer

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. 

Rio, FMG aim to boost local suppliers

Iron ore miners Rio Tinto and Fortescue Metals Group have announced initiatives designed to assist local suppliers, with Rio establishing a dedicated procurement team and FMG shortening payment terms.

Market steady but Quintis down again

The share market ended the day steady after early gains by the big four banks evaporated in afternoon trade, and miners fall on weaker iron ore futures.

QuizJam seeks growth funding

Perth tech startup QuizJam is seeking to raise $1 million through a convertible note issue to support continued growth of its online business.

Wellard calls on underwriters after $9.4m shortfall

The major shareholders in Wellard, including China's Fulida Group Holdings and local agribusiness Heytesbury, are expected to lift their stake in the livestock exporter after a big shortfall from its rights issue.

New work for Roe 8 contractors

The state government has awarded three new roads projects to the contractors that had been working on the Roe 8 development, while also confirming the net cost of abandoning the latter project will be about $45 million.

Soft ASX start for new Israeli listing

G Medical Innovations Holdings has joined nearly a dozen Israeli tech companies to list on the ASX in recent years through Perth advisers.

iCetana completes $8m raising

Curtin University spin-out iCetana, which is commercialising video monitoring software, has become the second unlisted Perth tech company to complete a big capital raising this year.

Dismantle gets it together for youth

Social enterprise Dismantle is showing its peers how to blend commercial acumen with a social purpose.

Universities head hunt for international students

SPECIAL REPORT: The number of international students coming to Perth has grown strongly over the past four years, but WA is still underperforming, particularly in the university sector.

Macmahon, AMNT progress ‘transformational’ deal

Macmahon Holdings has finalised documentation for what is a potentially transformational deal with Indonesia's PT Amman Mineral Nusa Tenggara, two months after announcing a heads of agreement in the midst of a hostile takeover battle.

Woodside bullish on Browse

Woodside Petroleum managing director Peter Coleman has sketched out plans to convert the two LNG plants on the Burrup Peninsula into an integrated processing hub that would take gas from the Browse Basin and other undeveloped fields off the Western Australian coast.

Mark my words podcast

In this Business News podcast Mark Pownall and Mark Beyer discuss public sector overhaul, medical research funding, CityLink developments and our university sector.

AusCann shares jump on licence approval

Perth company AusCann Group Holdings has become the seventh applicant to gain regulatory approval to cultivate medicinal cannabis in Australia, with the news lifting its share price by 17 per cent today.

Sodexo solutions make the humdrum high tech

The global company that runs many of WA's mine camps believes a technology platform developed with local ICT firm Velrada provides a blueprint for its international operations.

Few follow FMG, Navitas on gender

Women account for just 8.7 per cent of board positions at the top 100 Western Australian companies listed on the ASX, a report by the Committee for Perth has found.

Tobin has big growth plans after Terrex, Aravina deals

Perth entrepreneur Steve Tobin is gearing up for an expansion of oil and gas and minerals exploration in Australia, after selling a majority stake in Terrex Seismic to a private equity group to fund the acquisition of what he believes is a breakthrough technology.

New department heads named

Senior public servants Stephen Wood, David Smith and Darren Foster are among the main winners from the state government's plan to create 11 larger departments.

Noske sentenced to 18 months

Former company director Steve Noske has been sentenced today to 18 months' imprisonment and fined $20,000 after being found guilty early this month of insider trading in takeover target Westside Co

Ausdrill, AGL back sport

Mining services company Ausdrill has expanded its partnership with Hockey Australia, while AGL Energy has sponsored the West Coast Eagles as it seeks to lift its profile ahead of its planned entry to the Western Australian gas market.

Mark my words podcast

In this Business News podcast, Dan Wilkie and Mark Beyer discuss big changes to the public service, property developers, opportunities in defence, a new Qantas service, and our annual review of mining projects.

$38m research institute opened

Four Western Australian medical research organisations are aiming to boost collaboration after moving into the Ralph and Patricia Sarich Neuroscience Research Institute in Nedlands, which was officially opened this week.

Miners told to lift local support

Premier Mark McGowan has gently chided the mining and energy sector, saying it needs to lift support for local manufacturing, apprentice training and local employment.

BHP cuts copper guidance, updates iron ore plans

BHP Billiton has cut its full-year copper production guidance and outlined plans to sell some of its US shale acreage, while also announcing record iron ore production and reaffirming plans for its South Flank development in the Pilbara.

Moly Mines delisted with $63m in the bank

Nearly 4,000 shareholders in West Perth company Moly Mines have effectively become stranded in the $63 million cashbox after a stand-off between its board and the ASX ended in a delisting of its stock.

More than single lead source at PCH: Gow

UPDATED: Building commissioner Peter Gow has issued a clarifying statement today (Tuesday), essentially confirming the state government's view that lead leaching directly from brass fittings remains the only significant source of lead at Perth Children's Hospital.

CPB fights $39m Ichthys claim

CPB Contractors has failed in its application for an injunction against engineering group JKC Australia, which is claiming $39.2 million of liquidated damages related to work on the Ichthys LNG project.

Mark my words podcast

In this Business News podcast, Dan Wilkie and Mark Beyer discuss 457 visas, chief executive salaries, Chinese investment in WA and the state of the construction industry.

CKI’s $7.5bn Duet bid approved

A Chinese consortium is set to take control of the Dampier to Bunbury gas pipeline and several power stations across WA after regulators and shareholders today approved the $7.5 billion takeover of listed company DUET Group.

Storage group outlays $17m on WA properties

National Storage REIT intends to acquire two properties in Perth for a combined $17 million while confirming plans to develop two further sites, believed to be at Yanchep and Martin.

Sharp fall in CEO salaries

Newly appointed chief executives in WA are on substantially lower salary packages compared with recent years, a Business News survey has found. 

UWA spin-out wins appeal

The University of Western Australia could be forced to pay nearly $5 million to Bibra Lake business TSW Analytical after the Court of Appeal found its relationship with the spin-out company was largely undocumented and opaque.

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Shortlist to run Rio facilities

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.

TPG to end ‘country club’ culture

The final step in TPG Telecom's takeover of iiNet is due to happen today, when iiNet shareholders will be paid $9.55 per share, however, staff and customers face an uncertain future.

Civmec gets nod for $196m project

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.

Chinese group buys Kailis Bros

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. 

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TPG to end ‘country club’ culture

The final step in TPG Telecom's takeover of iiNet is due to happen today, when iiNet shareholders will be paid $9.55 per share, however, staff and customers face an uncertain future.

Canberra is "really hopeless": Walsh

WA industry leaders Richard Goyder, Sam Walsh and Andrew Forrest lined up today to criticise deputy prime minister Julia Gillard and the federal government's tax and economic policies.

Aboriginal corporation defends joint venture

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.

BHP renews attack on Nationals

BHP Billiton's top Australian executive has stepped up the company's criticism of the WA Nationals' planned iron ore tax hike, two days after an opinion poll found high support for the proposal.