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.
SPECIAL REPORT: Growing demand for battery metals has created a golden opportunity for MSP Engineering, with contracts for two big projects helping the business grow revenue by 6,000 per cent in three years.
Two Aboriginal businesses have been awarded $179 million of contracts by Fortescue Metals Group, with chief executive Elizabeth Gaines saying the miner was focused on practical initiatives to end disparity.
PODCAST: Mark Pownall and Matt Mckenzie discuss new Liberal policies, Forrest property investments, Julie Bishop, state wages policy, Committee for Perth, supermarket battle, microgrids, and our special report on indigenous business.
The Australian dollar gold price has passed $2,000 an ounce for the first time, according to The Perth Mint, with five WA-linked goldminers putting on a combined $1.3 billion of value in today’s trading.
Two microgrid projects worth a combined $123 million have moved forward today as the technology becomes increasingly mainstream, with Gold Fields and GMA Garnet mine sites to have big renewable power and storage components.
The wages of Australian workers could almost double in real terms by 2060, with manufacturing showing the biggest potential, aided by technology adoption and better management practices, according to a new report.
The public sector union is claiming it has broken the state’s wages policy on the back of a new enterprise agreement offer that includes a range of new entitlements such as an extra holiday, superannuation during unpaid parental leave, and cultural leave for Aboriginal employees.
Shipbuilder Austal has turned two major challenges – a cyber attack and the loss of a big naval contract – into positives, chief executive David Singleton told a Business News Success & Leadership breakfast today.
Recently released numbers show Western Australia’s net contribution to the the federation was a whopping $15.5 billion during the 2018 financial year, while also indicating a long running debate about federal health funding cuts in the state was off the mark.
Western Power chief executive Guy Chalkley has been appointed to the network operator’s board, while Kathryn Barrie will wear two hats as a director of the business and continuing in a senior role at the Public Utilities Office.
An emotional and complicated dispute has broken out among current and former committee members of Subcontractors WA, after former chairperson Louise Stewart resigned in February to contest the seat of Curtin at the recent federal election.
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.