Mark Beyer has responsibility for all content produced by Business News, including daily online news, the fortnightly magazine and the BNiQ database. As well as overseeing the Editorial team, he has a particular interest in reporting on corporate finance, the professions and family business. Mark has 35 years' career experience, primarily in business journalism. He has worked for The Australian Financial Review and The West Australian, and also has public relations and corporate affairs experience. Before becoming a journalist, he was an economist with the Commonwealth Treasury in Canberra.
Silver Lake Resources has substantially improved the terms of its scrip takeover bid for EganStreet Resources, which disclosed today it had been approached by Adaman Resources with a competing cash offer.
The $600 million Wodgina lithium project is being placed on care and maintenance, after its ownership was transferred to a joint venture between US company Albemarle Corporation and local company Mineral Resources.
Gina Rinehart’s Hancock Prospecting and its subsidiary Roy Hill Holdings have delivered bumper profits off the back of higher iron ore prices, with Hancock posting a profit of $2.6 billion for the year to June 2019.
Perth-based Wright Prospecting has confirmed its status as one of the country’s most profitable companies, lifting its annual earnings on the back of higher iron ore prices and paying a whopping $172 million dividend to its owners.
Federal Labor leader Anthony Albanese has used a speech in Perth to defend the importance of the mining industry, saying the market should be allowed to determine which projects, including in the coal sector, are able to proceed.
ASX-listed Rural Funds Group has made its first investment in Western Australia, striking a $22 million deal to purchase three cattle stations that will be leased to Wagyu beef producer Stone Axe Pastoral Company.
The McGowan has reversed one of its first policy initiatives, announcing over the weekend that Perth will once again be classified as a ‘region’, making it easier for international students to gain work after their studies.
PODCAST: Mark Beyer and Mark Pownall discuss stamp duty concessions, South Perth approvals, BGC's new boss, Karratha development, Kanopy entrepreneur, grain crop concerns, and our special report on environmental services.
Tech entrepreneur Olivia Humphrey is moving back to Perth after six years in San Francisco, where she has attracted new investors, top executives and a growing customer base to her video streaming business Kanopy.
The use of renewable energy in the mining sector is being given a boost, with the federal government and Alinta Energy jointly funding a $200 million solar facility that will help to power Fortescue Metals Group’s iron ore mines.
PODCAST: Mark Beyer and Dan Wilkie discuss the Biome tourism project, Pilbara power, high rise in South Perth, Pindan, Santos, Woodside and big gas projects, cyber security, ICT infrastructure and philanthropy.
ANALYSIS: Plans for oil exploration in the Canning Basin announced over the weekend may deliver good news for Western Australia, but some of the claims surrounding the latest drilling program are extravagant to say the least.
A privately-owned international bus operator that commenced operations in Perth in 1995 has struck a friendly merger agreement with SeaLink Travel Group, which operates the Rottnest and Swan River ferry services.
Plans by private equity group Siris Capital to acquire ASX-listed Dreamscape Networks have won strong backing at shareholder meetings held in Perth today. The big winners include managing director Mark Evans.
SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.
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.