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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. 

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.

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. 

Corporate opposition to 457 visa axing

Parts of corporate Australia have attacked the federal government's axing of 457 immigration work visas, claiming it is a politically driven move and unfairly targets less than 1 per cent of the workforce.

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.

Mark my words podcast

In this Business News podcast, Dan Wilkie and Mark Beyer discuss house prices, training and apprentices, iron ore prices, apartment projects and student housing.

Court rejects power station claim

The Japanese owners of the Bluewaters Power Station near Collie face the prospect of substantial payments to the energy market operator, after an incident that has put one of its generating units out of service for up to six months.

ICRG North set for liquidation

Contractor Indigenous Construction Resource Group has suffered two setbacks, with its half-owned joint venture ICRG North expected to go into liquidation owing creditors about $4 million.

Van der Wielen to lead HBF

The new chief executive of HBF believes his international experience will help the not-for-profit health fund grow and prosper in the current challenging market conditions.

Capital raisings top $1bn

SPECIAL REPORT: Western Australian stockbrokers and companies raised nearly $1.1 billion in 104 transactions in the March quarter, with gold deals being a major driver of activity, according to new data compiled for the BNiQ Search Engine.

OreCorp pursues gold plan with Africa focus

SPECIAL REPORT: OreCorp is the latest in a string of Perth-based gold companies to complete large capital raisings this year.

Major M&A deal hunters lurking

SPECIAL REPORT: The mergers and acquisitions market was eventful in the March quarter, with Chinese and private equity investors to the fore, multiple WA businesses on the block, and a surprise advisory switch on a key takeover.

Mark my words podcast

In this Business News podcast, Mark Pownall and Mark Beyer discuss property in Scarborough, Claremont, Elizabeth Quay and the Hyatt, Private capital boosts HealthEngine and Muscleworx, distilleries win gongs and March quarter deals environment.

Safescape has the edge on mine roads

The top Western Australian company in this year's Energise accelerator program is developing an ambitious plan for robotic on-site manufacturing of equipment it believes will boost safety and dramatically cut costs at open pit mines.

Muscleworx bulks up on private equity

Perth retail chain Muscleworx is poised for national expansion after buying its major competitor and securing backing from private equity investor Banksia Capital.

Global investor backs Perth tech firm

Perth-based HealthEngine has shown that investors still have an appetite for quality tech companies, announcing today it has raised $26.7 million from venture capital and private equity investors in a deal led by major global player Sequoia India.

Steven Noske guilty of insider trading

Perth business executive Steven Noske faces the possibility of a gaol term after being found guilty and convicted on one count of insider trading in takeover target Westside Corporation.

Blackham tumbles after downgrade

Shares in gold producer Blackham Resources fell by 21 per cent today after the company revealed a raft of problems at its Matilda project, where operations have been affected by heavy rain and lowe

Mark my words podcast

In this Business News podcast, Mark Pownall and Mark Beyer discuss residential property, Quintis, insolvency law reform and oil and gas.

Intergrain takeover concerns ACCC

The competition watchdog is concerned that the proposed takeover of Bibra Lake-based wheat and barley seed breeder InterGrain by Australian Grain Technologies could substantially lessen competition in the barley seeds sector.

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.

Palmer fails in Citic port battle appeal

Clive Palmer's Mineralogy has again failed in its long-running court battle with its estranged Chinese joint-venture partner over the Cape Preston port in the Pilbara.

Directors to get safe harbour during insolvency

The federal government has introduced draft insolvency reforms designed to offer more protection for company directors and make it easier to restructure faltering businesses.

St Barbara approves $100m project

Gold miner St Barbara has approved a major extension of its Gwalia operations, which will extend the historic mine to a depth of 2,000 metres below surface over the next seven years.

$30m fight for control of 1-Page

Perth-based director Andrew Chapman is at the centre of an escalating battle between the board and the management team at US-focused tech company 1-Page over control of the business and its $30 million of cash.

Influence radiates from centre of power

SPECIAL REPORT: A small group of ministers and backroom advisers close to Mark McGowan will set the agenda for the new state government.

Mark my words podcast

In this Business News podcast, Mark Pownall and Mark Beyer discuss TFS- Quintis, Kerry Stokes and mining investment, Western Force's prospectus and who are the state's Most Influential people?

Foster moves into Premier & Cabinet

A former chief of staff to Premier Mark McGowan has been seconded to a senior role in the Department of the Premier and Cabinet, triggering speculation he may become the next director general, putting him at the centre of government power.

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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.