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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. 

Quintis problems deepen

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.

Performance shares deliver windfall

The directors of medicinal cannabis companies Creso Pharma and AusCann Group Holdings have reaped windfall gains worth $13 million after the vesting of performance rights and performance shares.

Cannings Purple expands IR team

Cannings Purple, which is ranked as Western Australia’s second largest public and investor relations firm, has bolstered its team by recruiting experienced business journalist Peter Klinger.

$6m for medical startup

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.

McGrath Modular to be shut down

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.

New target for remuneration

The salary package for Wesfarmers’ new managing director acknowledges the reality that many large companies pay big annual bonuses every year.

Wesfarmers reshapes leadership, remuneration

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.

Rio, FMG aim to boost local suppliers

Iron ore miners Rio Tinto and Fortescue Metals Group have announced initiatives designed to assist local suppliers, with Rio establishing a dedicated procurement team and FMG shortening payment terms.

Market steady but Quintis down again

The share market ended the day steady after early gains by the big four banks evaporated in afternoon trade, and miners fall on weaker iron ore futures.

QuizJam seeks growth funding

Perth tech startup QuizJam is seeking to raise $1 million through a convertible note issue to support continued growth of its online business.

Wellard calls on underwriters after $9.4m shortfall

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.

New work for Roe 8 contractors

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.

Soft ASX start for new Israeli listing

G Medical Innovations Holdings has joined nearly a dozen Israeli tech companies to list on the ASX in recent years through Perth advisers.

iCetana completes $8m raising

Curtin University spin-out iCetana, which is commercialising video monitoring software, has become the second unlisted Perth tech company to complete a big capital raising this year.

Dismantle gets it together for youth

Social enterprise Dismantle is showing its peers how to blend commercial acumen with a social purpose.

Universities head hunt for international students

SPECIAL REPORT: The number of international students coming to Perth has grown strongly over the past four years, but WA is still underperforming, particularly in the university sector.

Macmahon, AMNT progress ‘transformational’ deal

Macmahon Holdings has finalised documentation for what is a potentially transformational deal with Indonesia's PT Amman Mineral Nusa Tenggara, two months after announcing a heads of agreement in the midst of a hostile takeover battle.

Woodside bullish on Browse

Woodside Petroleum managing director Peter Coleman has sketched out plans to convert the two LNG plants on the Burrup Peninsula into an integrated processing hub that would take gas from the Browse Basin and other undeveloped fields off the Western Australian coast.

Mark my words podcast

In this Business News podcast Mark Pownall and Mark Beyer discuss public sector overhaul, medical research funding, CityLink developments and our university sector.

AusCann shares jump on licence approval

Perth company AusCann Group Holdings has become the seventh applicant to gain regulatory approval to cultivate medicinal cannabis in Australia, with the news lifting its share price by 17 per cent today.

Sodexo solutions make the humdrum high tech

The global company that runs many of WA’s mine camps believes a technology platform developed with local ICT firm Velrada provides a blueprint for its international operations.

Few follow FMG, Navitas on gender

Women account for just 8.7 per cent of board positions at the top 100 Western Australian companies listed on the ASX, a report by the Committee for Perth has found.

Tobin has big growth plans after Terrex, Aravina deals

Perth entrepreneur Steve Tobin is gearing up for an expansion of oil and gas and minerals exploration in Australia, after selling a majority stake in Terrex Seismic to a private equity group to fund the acquisition of what he believes is a breakthrough technology.

New department heads named

Senior public servants Stephen Wood, David Smith and Darren Foster are among the main winners from the state government’s plan to create 11 larger departments.

Noske sentenced to 18 months

Former company director Steve Noske has been sentenced today to 18 months' imprisonment and fined $20,000 after being found guilty early this month of insider trading in takeover target Westside Co

Ausdrill, AGL back sport

Mining services company Ausdrill has expanded its partnership with Hockey Australia, while AGL Energy has sponsored the West Coast Eagles as it seeks to lift its profile ahead of its planned entry to the Western Australian gas market.

Mark my words podcast

In this Business News podcast, Dan Wilkie and Mark Beyer discuss big changes to the public service, property developers, opportunities in defence, a new Qantas service, and our annual review of mining projects.

$38m research institute opened

Four Western Australian medical research organisations are aiming to boost collaboration after moving into the Ralph and Patricia Sarich Neuroscience Research Institute in Nedlands, which was officially opened this week.

Miners told to lift local support

Premier Mark McGowan has gently chided the mining and energy sector, saying it needs to lift support for local manufacturing, apprentice training and local employment.

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.

More than single lead source at PCH: Gow

UPDATED: Building commissioner Peter Gow has issued a clarifying statement today (Tuesday), essentially confirming the state government's view that lead leaching directly from brass fittings remains the only significant source of lead at Perth Children’s Hospital.

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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.

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.