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.
Talison Lithium has confirmed it will build a third concentrator at the Greenbushes lithium mine to boost output to 1.95 million tonnes per annum, but the owner of tantalum rights at the project has again warned the expansion will be subject to an ongoing legal battle.
Lithium advocates have been cautioned to separate facts from hype as it is not yet clear if battery manufacturing in Western Australia will be practical, although refining plans should proceed immediately, according to Mckinsey & Co partner Prabhav Sharma.
A bid to launch a battery focused cooperative research centre in Perth has so far received more than $26 million in commitments from supporters, and will build on existing research programs at institutions such as Murdoch University.
PODCAST: Mark Beyer and Matt Mckenzie discuss closures in the hospitality sector, growth in the Pilbara, residential property, the outlook for oil and energy markets, and our quarterly corporate finance review dissects 235 WA deals worth $7 billion.
SPECIAL REPORT: Battery metals businesses such as Pilbara Minerals, Altura Mining, and Western Areas have joined AusCann Holdings, Buru Energy and OM Holdings among the best-performing stocks in the year to June.
Joondalup-based medicinal cannabis hopeful AusCann Holdings has secured $33.4 million from local and North American institutions, with NYSE-listed marijuana play Canopy Growth Corporation upping its stake to 11.2 per cent.
A University of New South Wales study has called for caution about the potential benefits of medicinal cannabis to relieve pain, but a Western Australian hopeful in the sector is still confident for the future of the industry.
The state government is aiming to decide the future of the TAB by the end of this year, following today's release of a Treasury paper warning that failure to sell the state’s betting agency could create a major risk for the longevity of the local racing industry.
SPECIAL REPORT: Spacecubed has been at the vanguard of the growth in Perth’s startup community in recent years, with the social enterprise now operating about 5,000 square metres of co-working spaces and a range of accelerator programs.
SPECIAL REPORT: Several acquisitions in the past four years have helped Cranecorp Australia grow into new markets, but the company’s owners still make themselves available to clients to give relationships a personal touch.
The state government will partially privatise title registry agency Landgate in a move expected to raise at least $640 million, with the money to be used to fund the state's share of the National Redress Scheme for child abuse victims.
Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government’s Junior Minerals Exploration Incentive announced today.
A greater proportion of Western Australian taxpayers are likely to benefit from immediate changes to tax thresholds passed through parliament yesterday than other states, according to Business News analysis of Australian Taxation Office data.
Nearly three in four taxpayers will pay a marginal tax rate of 32.5 per cent from 2025, with the government’s plan to flatten the income tax system approved by the Senate today, despite moves to lower company tax still stalled.
Western Australians still have higher median incomes than those in other states despite recent softening, according to data released today, with Ashburton and Peppermint Grove the nation’s top local government areas by the measure.
SPECIAL REPORT: Perhaps surprisingly for a contracting business based in Bibra Lake, Sovereign Hydroseal has some high-profile international clients in its order book, with the world’s seventh busiest subway among them.
SPECIAL REPORT: The state government appears to be tacking away from using contracting in public services provision, but the work of Serco is an example of how private businesses can bring cutting-edge innovation into the space.
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.