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.
A $207 million expansion to more than double the capacity of Pilbara Minerals' Pilgangoora project could get under way as early as this year, after a pre-feasibility study released today delivered positive results.
An east coast energy retailer backed by a French multinational will become the fifth player selling to consumers in the local gas market, after receiving approval by the Economic Regulation Authority today.
Belmont-based labour hire provider Go2 People has revealed it is owed about $445,000 by contractor VCS Civil and Mining, which went into receivership last week, while a director involved in both businesses has been forced to step down.
A Perth corporate advisory firm is acting as lead manager to raise $US15 million for an Australian cryptocurrency that will make it easier for banks to verify the sources of payments they receive from the growing digital cash market.
A global upswing driven by the manufacturing and industrial sectors will provide a tailwind for Australia’s economy, according to the Reserve Bank of Australia’s quarterly statement on monetary policy, but underlying inflation is expected to remain low until at least mid 2020.
Altura Mining directors Allan Buckler and Paul Mantell and AusCann Holdings directors Mal Washer and Harry Karelis have been among a group of major Western Australian investors to have the value of their portfolios hit as markets have fluctuated in recent weeks.
Changes to the accounting treatment of leases to be introduced next year could pose problems for the state government’s financial boffins, bringing numerous contracts onto agency balance sheets, including potentially $1.3 billion worth in the case of power generator Synergy.
A joint venture between a subsidiary of Carnegie Clean Energy and contractor Lendlease has won $6.8 million of work to install and operate a renewable powered microgrid in the Mid West town of Kalbarri.
Improved margins on live cattle voyages have helped agribusiness Wellard reduce its net loss after tax for the first half of the financial year to $7.5 million, nearly 60 per cent lower than the previous corresponding period.
A new state government advisory body to improve analysis and transparency of major projects, Infrastructure WA, will begin work next year, according to Premier Mark McGowan, who launched a draft plan for its establishment today.
SPECIAL REPORT: An improved outlook among the state’s resources players is contributing to renewed positivity in the trucking sector, with investment in technology upgrades a focus for some logistics businesses.
SPECIAL REPORT: A new road usage charge to be levied on certain heavy vehicles by the City of Kwinana has drawn the ire of Western Roads Federation chief executive Cam Dumesny, who says it is another example of a local government imposing additional costs and red tape on the trucking industry.
Bert Giancristofaro will play to the strengths of the Jus Burgers brand after taking ownership of the business last year, with his immediate priority being store refits and fine-tuning the customer experience.
The global lithium supply chain will be worth more than $1 trillion in 10 years' time, if an analysis written for the Association of Mining & Exploration Companies pans out, with Western Australia well placed to grab a share.
The business community and unions may both support reducing the gender pay gap, but their divergent approaches to a solution present a stark choice for policy makers, if submissions to a review of industrial relations laws are any guide.
PODCAST: In this Business News podcast Mark Pownall, Matt Mckenzie, and Katie McDonald discuss the Quintis collapse, Wheatstone’s environmental conditions, Doric’s Chinese joint venture, wage gap battle, Fringe festival and land developers.
Local electricity retailer Perth Energy is planning a leadership change, with chief development officer Giles Redmile to take over as chief executive in mid-February as current boss Andrew Rowe moves back to the engineering industry.
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.