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Matt Mckenzie

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.

Passing Comment

If you need to get in touch with me anonymously or through an encrypted service, you can contact me on Wickr at mattmckenzie. I'd also like to declare that I'm a member of the Liberal Party.      

Woodside takes quantum leap

Quantum computing is the next technology frontier for gas producer Woodside Petroleum, with the Perth-based business today becoming the first in Australia to join IBM’s Q Network.

Cormann bullish on wages

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.

Carbon answers needed for LNG

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.

Feds switch lanes on energy

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.

Tier three rail to stay closed

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.

Canon, Scorchers, meat in the middle

A new sponsorship deal between Canon Foods and Perth Scorchers women’s cricket team ticked a number of boxes for Canon principal Arthur Abrahams.

Profit rockets at Spudshed

Profit has more than tripled at one of Western Australia’s most prominent family businesses, which controls the Spudshed chain of retail stores.

Betts pulls on boots for recovery

Shoe retailer Betts Group has returned to profitability after cutting nearly 130 stores in the past two years, and chief executive Danny Breckler is confident the business is now on the right path.

Modec wins key Barossa work

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.

Kailis senses market movement

There’s a seismic shift happening in hospitality and Perth has an opportunity to become a culinary destination, according to George Kailis.

$350m land development project for LWP

About 1,500 housing lots will be developed under a deal between the Department of Communities and LWP Property Group announced today, in Casuarina, Forrestdale and Treeby.

Consultants nurture growth opportunities

The environmental consulting sector is an effective leading indicator of WA’s economic performance, and industry leaders are noticing a big improvement.

Data helps drive optimal outcomes

From the use of big data to recycling plastics, WA businesses are developing a sustainability niche, but the path to commercialisation can be tough.

Chocolate artisan builds the brand

Coolbellup-based Nakamura Chocolates is aiming to triple Western Australian sales after a successful entry into the Japanese market.

Ports, utilities add $1.2bn to coffers

Almost $1.2 billion in dividends flowed to the state government from 11 of its businesses in the year to June 2019, according to their recently published annual reports.

Citic resolution a key for China

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.

Harvard's complexity call way too simple

A recent Harvard study that found Australia’s export economy lacks complexity may itself be something of an oversimplification.

Unpacking the grain drain

Lower demand from Indonesia for WA wheat as well as growing need interstate should lead to a fall in grain export numbers.

State’s universities bring in $466m

International students’ tuition is one of the state’s biggest services exports, though we are losing market share to other states.

Investment boom pays export dividends

Click through to read Business News's annual list of WA's 20 biggest exporters, with data on companies such as Chevron, Roy Hill, Gold Corporation and Glencore.

Unios wins Telstra business award

Wangara-based manufacturer of lights and fixtures, Unios Lighting, has been picked as the Telstra Western Australian business of the year, after growing from one person to 50 staff in six years.

Aloha Surfhouse saved from closure

Aloha Surfhouse has been bought by a company connected to local fashion industry personality Natasha Marshall-Donnelly, after the Joondalup-based indoor wave park entered administration in July.

Unseen diversity in foreign ties

Australia is not as exclusively dependent on China’s economy as commonly perceived, according to research by Business News.

Technology critical for materials revolution

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.

Muddy waters in maintenance deal

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.

Mark my words podcast

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.

Gnangara to service subsea, space

Telstra and Dutch multinational Fugro have opened a remote operations centre in Gnangara, which the partners hope could be used to service industries beyond oil and gas.

Going alone on carbon has costs: Woodside

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.

TraumaSim sews up US deal

A Midvale business which creates simulated injuries for military and emergency services training has bought its United States counterpart as it plans to expand stateside.

Quigley amps up corruption fight

State Attorney General John Quigley has taken a battle between parliament’s upper house and the Corruption and Crime Commission to the Supreme Court.

Revenue tide lifts budget

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.

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WA returns to growth as Australia avoids recession

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.

EC&M into administration

Henderson-based electrical contractor EC&M has entered administration this morning, with about 400 staff to be temporarily stood down.

Financial probe for student union

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.

Liquidation as pressure builds at Yagan Square

Two businesses at Yagan Square have shut up shop in recent weeks, with warnings more may follow as tenants grapple with low foot traffic.

most commented

McGowan to cancel Roe 8

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.

Nalder makes fresh freight link pitch

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.

Green light for Kwinana lithium plant

A $400 million lithium processing plant to be built in Kwinana has got the green light, with West Perth company MSP Engineering to act as head contractor.

Feds back unconventional drilling

Resources Minister Josh Frydenberg said the federal government would be pushing states to remove moratoriums on unconventional gas extraction, including fracking, he told the LNG 18 conference today.