Matt Mckenzie joined Business News in June 2014 and reports on projects, energy, agribusiness, small business, employment relations, manufacturing and economics. He completed bachelor of arts and bachelor of economics degrees at the University of Western Australia, majoring in political science and international relations, economics, and money and banking. He was formerly president of the UWA Student Guild, where he introduced the first private catering outlets on campus, and has worked at a financial services company.
Wages growth is picking up and performing better than many commentators expect, according to Finance Minister Mathias Cormann, while the government will likely revise its surplus projection lower for the financial year.
The Conservation Council WA has ramped up its continuing criticism of the LNG industry, with a report released today arguing other parts of the state's economy will have an “impossible ask” to reduce emissions to compensate for recent petroleum developments assuming the national target is applied uniformly.
A $1 billion fund to subsidise grid reliability and an expert panel to review Australia’s emissions abatement program are signs the federal government might be rethinking its approach to climate policy.
An arbitration process has declared tier three rail lines in Western Australia's Wheatbelt are not economically viable, nearly a decade after industry groups and the state government agreed to shut the lines down.
Modec International has been selected to build a floating production platform for the Barossa gas project, beating a consortium of Technip and Samsung, with gas to be piped to backfill the Darwin LNG plant.
Continued Chinese investment into Western Australia could hinge on a fair outcome in the long-running dispute between CITIC Pacific and Clive Palmer's Mineralogy, according to Consul General Zhihua Dong.
Solutions to prevent a potential looming shortage of critical minerals can be found in Rio Tinto’s increasingly high tech operations, particularly in the Pilbara, according to corporate relations vice-president Brad Haynes.
The Water Corporation is refusing to release the details of a review it says backs a decision to insource a major maintenance contract, a move that runs counter to the economic reforms of recent decades.
PODCAST: Mark Beyer and Matt Mckenzie discuss interest rates, volatile stock markets, our very own BN30 stock index, house prices, Mia Davies, flexible offices, lobsters, government contracting, and our special report on professional services.
The emissions reduction policy proposed by the Environmental Protection Authority in March was misaligned with the Paris Agreement, would lead to lower abatements for a given cost, and potentially even send emissions overseas, according to Woodside Petroleum.
A $2.4 billion surge in revenue above forecast levels helped the state government record a $1.3 billion operating surplus in the year to June, but the overall cash position of the budget is still in a deficit of $924 million.
GDP has bounced back from a poor showing in the September quarter with December quarter seasonally adjusted growth of 1.1 per cent, while Western Australia snapped a five quarter streak of shrinking state demand to grow 0.4 per cent.
The University of Western Australia Student Guild has dismissed a staff member over financial irregularities after bringing in forensic accountants from BDO to undertake a special analysis of its 2013 accounts.
The Roe 8 road project will be cancelled if the Labor Party wins the upcoming state election, opposition leader Mark McGowan said today, even though the government has already signed a contract for construction, with $236 million of funding to be re-allocated to three alternative roads.
Transport Minister Dean Nalder has highlighted the social benefits of Roe 8 and touted the minimal environmental impact of the project at a lunch today, adding that the link would need to be built regardless of any move to an outer harbour.