As editor, Mark oversees the day-to-day online news at Business News. His particular brief is following major deals, the professions and private/family businesses. Mark has 35 years' career experience, primarily in business journalism. Before becoming a journalist, he was an economist with the Commonwealth Treasury in Canberra. He has worked for The Australian Financial Review and The West Australian, and also has public relations and corporate affairs experience.
In the third of a six-part series on business lending, Mark Beyer looks at the equipment finance market.
THE equipment finance market has witnessed substantial change over the past couple of years, led by the growing popularity of chattel mortgages.
MORTGAGE originators are targeting business lending for future growth following their success in the housing loans market.
From a standing start in the mid 1990s, mort-gage originators now arrange about 30 per cent of all housing loans.
PERTH Glory chairman Nick Tana has agreed to personally guarantee a multi-million dollar loan by the Town of Vincent as a bargaining chip in negotiations over the $11.5 million redevelopment of Perth Oval.
WA Business News’ inaugural survey of Western Australian equity capital markets has highlighted the dominance of a handful of stockbroking firms. Mark Beyer looks at the market in 2002 and its prospects for 2003.
CORPORATE finance executives have nominated Croesus Mining’s purchase of Central Norseman Gold as WA’s top deal for 2002.
The $65 million Croesus-Great Central deal gained high praise from nearly every corporate finance executive surveyed by WA Business
LEAGUE tables always generate plenty of debate, both for the rankings they produce and the methodology employed to construct them.
The contentious nature of league tables is illustrated by the fact that four different broking firms could claim to be the
PHARMACEUTICAL developer Chemeq and gold miner Abelle were two prominent companies that managed to raise fresh equity last year without using broking firms.
Chemeq raised a total of $18 million in fresh equity while Abelle completed a successful $10m
STOCKBROKER Euroz Securities is moving to new premises to accommodate recent and planned growth in the business.
A major recent initiative was the establishment of a dedicated corporate finance department, headed by new recruits Karl Paganin and Doug
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.
Woodside Petroleum is hoping to win state government backing for a new 700-bed fly-in, fly-out camp at Karratha, after selecting a consortium led by Multiplex and Compass Group to build, own and operate the facility.