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 leading financial services company.
Amid the gloom, WA has some positive resources stories to tell,with uranium developers buoyed by improving news, investment certainty guaranteed around royalties rates - for now - and nickel reappearing as a sturdy performer.
Software company Stochastic Simulation has joined a growing list of Western Australian businesses kicking goals globally in oil and gas technology development, as local providers increasingly target opportunities offshore.
As the construction peak passes and the oil price slides, service providers to the energy industry are re-evaluating how they do business. See our special report to see how technology, marine logistics and equipment providers are adapting to the new climate, and read about changes in the industry's workforce.
Western Australian farmers are projected to enjoy the highest rate of return in the nation, excluding capital appreciation, for 2014-15, according to the Australian Bureau of Agricultural and Resource Economics and Sciences.
More Western Australians were employed in February than ever before, according to the latest data from the Australian Bureau of Statistics, but that was not enough to stop a 0.2 per cent rise in the state’s unemployment rate to 5.8 per cent.
Australian employees of oil and gas service provider Wood Group PSN can expect a salary freeze while contractors will experience rate reductions, a move the company said was in response to cost and efficiency challenges affecting the sector.
The annual cost to small business owners of complying with the GST is upwards of $13 billion, according to a recent survey, adding to calls for the federal government to address business taxation in its tax review white paper this year.
Listed companies from Western Australia are on the outer in the most recent quarterly reshuffle of the S&P Dow Jones ASX Indices, with high-profile absentees including Iluka Resources, Mineral Resources and Monadelphous Group.
The state’s agricultural industry will require almost $600 billion of investment by 2050 to improve productivity and rationalise production in a bid to access Asian markets, according to a new report released by KPMG for the state Department of Agriculture and Food.
Ten Western Australian Construction, Forestry, Mining and Energy Union officials are among 72 nationally before the courts for alleged workplace law breaches, according to the Fair Work Building Commission.
The world’s two top ranked one-day cricket teams, Australia and India, are set to head to Perth’s WACA Ground for World Cup games against minnows Afghanistan and the United Arab Emirates in the coming week.
Treasurer Mike Nahan has reiterated the state government’s commitment to return to surplus by 2016-17, but has pledged not to do it by hitting families or businesses, at today’s Business News Success and Leadership breakfast.
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.
Uber drivers using the service as a supplementary income should declare it to their primary employer, according to Minter Ellison partner Kathy Reid, after a driver who had worked during sick leave lost an unfair dismissal claim.
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.