Mark Beyer

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. 

GST changes finance options

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.

Further changes looming for superannuation

BUSINESSES have been warned to start preparing for new payment and reporting rules for superannuation.

Governments push local barrow

A new scheme to maximise local content on major projects formally took effect on January 1. Mark Beyer takes a close look at how major Western Australian projects are performing.

State Labor moves put focus on local business

COMPANIES hoping to win big contracts from the Western Australian Government are now required to prepare Australian Industry Participation (AIP) plans.

AIP plans explained

THE centrepiece of the new local content incentive scheme, which formally commenced on January 1, is Australian Industry Participation (AIP) plans.

Woodside and BHP Billiton top the field

IF there was an award for companies achieving high local content on Western Australian projects, BHP Billiton would take line honours, while Woodside would be a contender for handicap winner.

Rail reality roils rhetoric

THE $437 million railcar contract for the planned Mandurah railway highlights the wide gap between rhetoric and reality that sometimes muddies the local content debate.

Burrup looks local

BURRUP Fertilisers has pledged its commitment to maximising local content on its $630 million ammonia project, amid rumours that the company has failed to prepare adequately for local participation.

Mortgage originators see growth in business loans

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.

Will Steven stay or will he go?

“RIGHTLY or wrongly, you have to congratulate the guy for having a vision and prosecuting it very competitively. Not many people can do that.”

New spin on oval deal

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.

Lenders nibble at big banks

FOR most businesses in WA, banking is conducted through the State’s big five – BankWest and the four national banks, ANZ, Commonwealth, National and Westpac.

A point of difference

AUSTRALIAN businesses are renowned for being unhappy with their banks but not doing much about it.

Argonaut Capital makes its mark

TWO new assignments this month have highlighted Argonaut Capital’s rapid emergence as a prominent player in the corporate finance market.

Tree farms grow from environmental roots

OPPORTUNITY through adversity could well be the catchcry of WA’s tree farming industry.

Age firmly on agenda

THE ageing of Australia’s population has been widely predicted. Less well understood is the commercial and social impact of this change.

China leads tourism prospects

THERE is one country that will stand apart from all others in the international tourism market over the coming decade.

Plethora of product choices

FIFTY-SEVEN financial institutions currently provide approximately 720 different debt finance products for small business, according to research group Cannex.

Meeting market change

The Australian economy is constantly changing, with new industries emerging to replace the old. Mark Beyer looks at the forces driving change and identifies sectors with high growth prospects.

MAS scales up to meet the commercial market

AN innovative fish handling system developed by Perth company McRobert Aquaculture System (MAS) is attracting growing interest around the world.

Scientist calls for lift in support by government

PROVIDING seed funding, encouraging better collaboration between universities and industry, and promoting WA as a R&D hub are vital if WA is to make it into the big league.

Turnaround potential good news for Orbital

ORBITAL Engine Corporation has achieved two major breakthroughs this month, removing dark clouds hanging over the company’s future.

Split decision as Moore moves on

There was a changing of the guard at Perth’s largest stockbroking firm this week. Mark Beyer spoke to the main players at Hartleys. TIM Moore and his detractors are still world’s apart.

Brokers tip better times

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.

Croesus deal takes top gong

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

Companies table their case for lead ranking

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

Companies bypass broking firms

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

Euroz plots course on growth path

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

Cosmetics firm in US funds push

A small warehouse office in King Street in the city is an unlikely base for an international cosmetics company. Mark Beyer reports on the remarkable success of Becca.

Studies offer differing views on risk of failure

TWO separate studies released over the past month have highlighted the risk of insolvency among Australian companies. The studies formed markedly different views on the degree of risk, however, leaving investors and business people with an awkward

Warning signs for all to see

INVESTORS and business people trying to assess the credit quality of other companies can assess a range of financial and non-financial indicators. John Carello, the reconstruction and advisory services partner at accounting firm PKF, said warning signs



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.

Cooper & Oxley on the brink

Cooper & Oxley Builders, which is one of the 10 largest construction companies in Perth, has suspended work on its projects while it reviews its financial viability.

JCY goes into liquidation

Major Perth architecture practice JCY has been placed into liquidation after being hit by the slowdown in work volumes, pricing pressures and losses on the Perth Children’s Hospital.

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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.

Woodside to spend $400m on Fifo camp

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.

Perth tech pioneer passes away

Conrad Crisafulli, who was one of the pioneers of venture capital investing and technology commercialisation in Western Australia, has died after a long illness.