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.
Premier-elect Mark McGowan has given added responsibilities to incoming treasurer Ben Wyatt, while Rita Saffioti, Paul Papalia, Peter Tinley and Alannah MacTiernan have been given key economic portfolios.
Western Australia's biggest gas retailer, Alinta Energy, has been bought by a Hong Kong jewellery and property conglomerate, with Premier-elect Mark McGowan saying the deal confirmed his opposition to privatisation.
Heavy equipment supplier Emeco Holdings has turned its focus to completing its merger with east coast companies Orionstone and Andy’s Earthmoving after noteholders backed a complex balance sheet restructuring today.
Ngarda Civil & Mining, a pioneering indigenous contractor that employed more than 300 people at its peak, is being wound up, though curiously the listed company that owns a 50 per cent stake is still claiming Ngarda is a big employer.
The Labor Party is budgeting on $750 million of spending cuts and $400 million of metropolitan land sales to help pay for its election promises, and claims it will achieve a budget surplus of $205 million in 2019-20.
SPECIAL REPORT: Eight years after HiSeis was spun out from Curtin University, executive chairman Don Pridmore believes its use of seismic technology in mineral exploration is starting to gain traction.
Hancock Prospecting is poised to become Western Australia's biggest private company after a investment and acquisition spree in iron ore and agribusiness which is expected some time this year to push its revenue past that of the incumbent number one for the past 12 years, home builder BGC. A 2018 reranking appears certain following research for the Business News Private Companies list published today in a special report.
Private Perth company Wright Prospecting has bolstered its already impressive ranks with the recruitment of top lawyer Peter Wiese, who will guide it through continuing legal disputes with fellow Perth company Hancock Prospecting.
Former Grant Thornton partner Matthew Donnelly and former Perth Airport executive Fiona Lander have brought to seven the number of external recruits to join Deloitte’s Perth partnership in the past five months, offsetting moves by other partners such as Jenn Morris, who has retired from the firm.
Emeco Holdings today sent out a mammoth 811 pages of documentation for its revised restructuring scheme, and buried inside is a breakdown of fees showing that, while its lawyers will get paid more, the company’s financial advisers will take a haircut after the first restructuring scheme fell over.
An Aboriginal corporation has obtained a Supreme Court ruling that will require Mitsui & Company subsidiary Onslow Salt to release documents concerning its dealings with oil and gas giant Chevron, and contractors Bechtel and Thiess, over the Wheatstone LNG project.
The three international vendors that won the state government’s landmark GovNext contract say the initiative will provide local information and communication technology businesses with opportunities to share in the work.
The Labor Party moved swiftly today to reassure the business sector that it would not hand over responsibility for project approvals to an independent tribunal, after reports it was considering such a change.
The Barnett government is hoping to slash its spending on information and communication technology (ICT) infrastructure by up to 25 per cent after signing contracts today with three international vendors.
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.