Mark Pownall has around three decades of media experience. Prior to becoming Director of Strategy and Innovation he was CEO of Business News for nearly three years. For most of his time at Business News he ran the content operations of the business and was integral to the implementation of all the company’s digital products – the twice daily email newsletters, weekly podcasts, deals database and BNiQ data warehouse and search engine. Mark's career has predominantly been in business media in Perth, with a foray to the financial centre of London.
Australia's corporate watchdog has launched civil Federal Court proceedings against several companies and individuals linked to Firepower Holdings Group Ltd, claiming shares in the fuel technology group were sold without a prospectus.
As much as $440 million in surpluses generated by member contributions to the Gold State Super pension fund could have been moved out of government reach under a $9 billion mutualisation plan halted by treasurer Eric Ripper last week.
Plans to turn over ownership of the state's $9 billion superannuation manager GESB to 295,000 members have been thrown into disarray, with the body and the government apparently unable to conclude a deal at the 11th hour.
The takeovers scene in Western Australia has changed significantly during the past year, with the ongoing boom boosting the stocks of local players and prompting an increasing presence from international investment banks.