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.
BHP has approved initial funding for its $3 billion-plus South Flank iron ore project in the Pilbara, and the company's top Australian executive said he wanted to hear from local suppliers who could add value to the development.
In this Business News podcast Dan Wilkie and Mark Beyer discuss the state budget, fees and charges, skilled migration, the outlook for Perth property, new mining projects, the roadhouse blues, and indigenous business.
Perth entrepreneur Craig Mitchell and property funds manager Angelo Del Borrello are facing off over the future of four large roadhouses in northern WA, with the outcome having a big bearing on investors who pumped $22.5 million into four related property trusts.
Australian Finance Group announced today its net profit for the current financial year would come in nearly 45 per cent higher than consensus forecasts, after a change in the way its treated certain commission income.
Rooftop solar panels cut peak electricity demand last summer by 7 per cent and their growing popularity is reshaping consumption patterns, potentially at higher cost to electricity generators, a new report has found.
SPECIAL REPORT: Labor's victory in the March state election heralded a major shift in infrastructure priorities for Western Australia, and even further changes are likely as the McGowan government seeks to balance its promises with fiscal reality.
Resources Minister Matt Canavan said today the exploration development incentive (EDI) scheme was unlikely to continue, despite telling the industry he had an open mind on its future, and labelled alternatives put forward by the Association of Mining & Exploration Companies as radical.
Sandalwood producer Quintis has revealed more operational and financial pain, with the embattled Perth company suspending plantation sales, lowering forecast product sales and admitting a $27 million investment would not proceed.
Newly established Perth company OncoRes Medical has secured up to $6 million of funding to commercialise a surgical tool developed by researchers at the Harry Perkins Institute of Medical Research and the University of Western Australia.
Wangara-based building company McGrath Modular is being shut down after it was ensnared in problems associated with its Queensland owner and hit by weak market conditions in regional Western Australia.
Finance director Terry Bowen will become the third top Wesfarmers executive to retire from the Perth-based conglomerate in the space of 12 months, with the group announcing three senior appointments along with details of incoming managing director Rob Scott’s remuneration package.
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.
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.
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.
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.
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.
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.