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 leading financial services company.

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If you need to get in touch with me anonymously or through an encrypted service, you can contact me on Wickr at mattmck0. I'd also like to declare that I'm a member of the Liberal Party.      

Cape Lambert in $25m dividend payout

Exploration and development company Cape Lambert has announced it will return almost $25 million to shareholders, just a week after a successful settlement with the Australian Tax Office.

Hisco, NFE in merger

Two of Perth’s hospitality suppliers, Hisco and NFE, have announced a merger today in a move they hope will make them an industry leader.

Mine rehab fund successful: Marmion

The state government’s Mining Rehabilitation Fund initiative has met with almost unanimous industry uptake, Mines and Petroleum Minister Bill Marmion said today.

BWP profit up 22.4 per cent

Commercial property holder BWP Trust has announced a 22.4 per cent increase in distributable profit to $92.8 million in its full-year results report today.

Merah, Jameson halted

Two Perth-based resources juniors, Jameson Resources and Merah Resources, have entered trading halts today.

Coretrack wins legal dispute

Oil and gas technology company Coretrack has secured ownership of a high-tech drilling rig after a legal battle with intellectual property licensor Strange Investments.

Royalty rise will hit Kalgoorlie: CCI

Hiring and investment is down in Kalgoorlie-Boulder as confidence falls in the wake of clouds overhanging the gold-mining industry.

DBP completes negotiations

Dampier to Bunbury gas pipeline owner DBP Transmission has completed negotiations with a majority of customers that use its pipeline, in a move it says will reduce its long term risk profile.

Continental unveils $35 million rights issue

West Perth-based coal miner Continental Coal has announced a non-renounceable $35.1 million rights issue as part of a recapitalization and restructure.

Luk convicted, resigns from Brockman

Brockman Mining chief executive officer Peter Luk has resigned today after conviction in a Hong Kong court yesterday.

Simpson calls for bylaws reform

Local Government Minister Tony Simpson has used a speech to the Western Australian Local Government Association AGM to urged councils to reform and harmonise regulations across the state.

Sundance wins Analogue dispute

Iron ore explorer Sundance Resources has emerged victorious in the Supreme Court today after a damages claim was dismissed, but the Perth-based company will be in court again next year for a further d

Housing strategy ahead of schedule

Housing Minister Bill Marmion has marked the construction of the 150th home under its community housing growth strategy by announcing the government is well ahead of schedule on its plan to deliver 20,000 affordable housing opportunities by 2020.

Legend completes Camina sale

Legend Mining has completed the $17.5 million sale of its Ngovayang project in Cameroon to a subsidiary of India’s Jindal Steel and Power.

WA vehicle sales remain in the slow lane

New vehicle sales in Western Australia have fallen 8.1 per cent year on year, according to a report from the Federal Chamber of Automotive Industries.

Water pumps Pilbara hopes

The state government has announced completion of an upgrade to the South Headland wastewater treatment plant, a major part of the $120 million overhaul of the Headland water system, on the same day that it revealed the Pilbara’s West Canning Basin could produce enough water annually for 350,000 people.

AngloGold, Fifo Families in support agreement

AngloGold Ashanti has become the first gold miner to sign up to the Fifo Families social support and education program for fly-in, fly-out workers.

V&V Walsh signs China meat deal

Western Australia’s billion dollar agrifood export business with China has received another boost with the signing of a cooperation agreement between V & V Walsh and Grand Farm.

RDG acquires Central Systems

Infrastructure, energy and resources service provider Resource Development Group has jumped 275 per cent today on news it will acquire Perth-based Central Systems.

Western Areas tender commences

West Perth-based Western Areas has begun the tender process for nickel concentrate offtake that will be available after the expiry of its contract with Jinchuan Group later this year.

Horizon calls for end to Roc merger

Horizon Oil has called on Roc Oil Company to terminate their merger agreement after board members at Roc unanimously recommended a takeover from Fosun International.

Watpac wins $29m contract

Construction and mining services company Watpac has won a contract to provide services to Hanking Gold Mining’s Cornishman pit at its Southern Cross operation.

Nido recommends takeover

Nido Petroleum directors have unanimously recommended off market takeover bid by BCP Energy International, subsidiary of Thai oil refinery Bangchak, for 5.5 cents per share.

Navitas grows further in US

Education provider Navitas has announced a ten year agreement with Florida Atlantic University to establish a pathway program for international students on its main Boca Raton campus.

Mutiny simplifies Deflector

The Deflector copper-gold mine in the Mid West will be simplified and optimised, after an internal review conducted by owner Mutiny Gold.

WA stocks up 19%

Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.

Ausdrill, Nido under halt, suspension

Shares in Ausdrill and Nido Petroleum have entered a trading halt and suspension respectively; with Ausdrill stating it will announce an impairment charge.

Apache plans to exit Wheatstone

US-based oil and gas company Apache Corporation has admitted it intends to completely exit liquefied natural gas projects, including its 13 per cent interest in Chevron’s Wheatstone project.

Swick to beat revised target

Drilling company Swick Mining Services has announced it should beat its downgraded guidance for the year in its quarterly update today.

Forrest backs "welfare card"

The Abbott government has published the long-awaited Forrest Review of Indigenous jobs and training, with wide ranging recommendations including a healthy welfare card.

Cape Lambert settles tax dispute

Cape Lambert has reached a settlement with the Australian Tax Office regarding its $96 million tax dispute, agreeing to make a final net payment of $2.4 million.



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.

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.

Warning to Uber moonlighters

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.

$130bn of major projects in WA

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

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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.