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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 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 mattmckenzie. I'd also like to declare that I'm a member of the Liberal Party.      

Water Corp announces dividend

The Water Corporation has announced a net dividend of $245 million to the state government, in a year when the corporation completed work on the state’s first joint public private partnership water facility.

Henderson plan for world's biggest trimaran yacht

Design work is nearly complete for the world’s largest trimaran yacht, to be built at the Australian Marine Complex in Perth’s southern suburb of Henderson.

Govt ticks another box as MRRT goes, with conditions

The federal government has had to accept some significant amendments to its bill to repeal the mining tax, including a review into the creation of an ‘Australia Fund’ and changes to superannuation increases legislated by the previous government.

Commodity prices down: HSBC

The continuing strength of the Australian dollar and flat-to-falling commodity prices remain concerns for the economy.

Mushroom sale sees significant interest

Receivers have said there are more than two dozen potential buyers in the sale of WA’s largest locally owned mushroom farm, Jongro, with expressions of interest closing this week.

BCJ moulds strategy to client needs

Osborne Park-based BCJ Plastics has survived four decades of change in the local manufacturing industry, but sales and research manager Tim Hartung said it was a move into boutique production that helped the company flourish.

Agrifood skills key to exports: Baston

The state government today launched a two-year project to increase the supply of labour to the agrifood industry through migration, workforce development and training.

Squire ups Perth corporate practice

Global law firm Squire Patton Boggs has grown its Perth corporate practice division with the addition of Simon Rear, who is moving from Allion Legal.

WA car sales continue to stall

Western Australian new vehicle sales are down 10.2 per cent for the month of August, according to a report from the Federal Chamber of Automotive Industries.

Developers lift earnings

Property developers have reported substantial earnings growth during the 12 months to June as low interest rate settings foster a transition from resources to dwelling investment.

BCP lowers Nido hurdle

BCP Energy International has altered its conditions in its takeover of Nido Petroleum, making the offer nearly unconditional upon 50.1 per cent acceptance.

Record grain rebate: CBH

Western Australia’s grain handling cooperative CBH Group has announced a record $4.55 per tonne growers’ rebate after a year of strong harvest last financial year.

Education leaders call for reform

Vocational education and training needs more funding and recognition according to business leaders in the sector, who met in Perth this week.

Katana achieves stellar year

Sharp timing on commodities stocks has helped drive a strong result for investment manager Katana Capital, with a 187 per cent increase in revenue to $8.3 million, from $2.8 million the previous financial year.

Silver Lake sees red ink in gold

Silver Lake Resources continues to be buffeted by a low gold price, with operating losses at its Murchison operation and impairments dragging it to a $170 million loss.

Market upheaval spurs innovation at HHG

The GFC and new technology have put increasing pressure on law firms, but local firm HHG Legal Group is taking the opportunity to tailor a new service for the middle segment of the market.

Monkey’s business is child’s play

What started as a hobby is developing into something Funky Monkey Bars creator Shane Roberts calls “Ikea, but for playground equipment”.

Perseus in the red

Movements in the US dollar and Ghanaian Cedi relative to the Australian dollar have combined with lower gold production and higher costs to drive Perseus Mining into losing territory.

Mirabela faces uncertain future

Mineral explorer and developer Mirabela Nickel still faces uncertainty as a going concern after coming out of administration in June, on the back of lower than expected nickel prices.

Fleetwood net profit down 99%

Caravan and accommodation manufacturer Fleetwood Corporation has revealed a 99 per cent fall in net profit to $76,000.

WAFarmers to tap milk

Agricultural lobby group WA Farmers will be releasing its own milk brand in November, with proceeds used to support market development in the farming industry.

Swick net profit down 83%

Drilling services provider Swick Mining Services has released its earnings and dividend for the 12 months to June 30, with net profit after tax down 83 per cent year-on-year to $1.5 million.

SCEE wins $70m CITIC contract

Southern Cross Electrical Engineering has won a $70 million electrical and instrumentation works contract from CITIC Pacific for its Sino Iron project at Cape Preston, adding to a $10 million job won two weeks ago.

Austal wins $100m joint contract

Ship builder Austal has won a joint contract of up to $100 million with General Dynamics for provision of modernisation services to the US Navy’s Freedom and Independence class littoral combat ships.

Hayley Goad best in beef

Roleystone woman Hayley Goad has been selected by the Cattle Council of Australia as WA Beef Industry Rising Champion, and will head to Canberra for the NAB Agribusiness Beef Industry Rising Champions Initiative national final.

Aquaculture zone open: Baston

Fisheries minister Ken Baston has announced a new aquaculture development zone off the coast of Broome, to facilitate large scale fish farms.

Fleetwood struck by $5m impairment

Vehicle part and caravan manufacturer Fleetwood Corporation has announced a $5 million earnings drop as a result of challenging demand circumstances for recreational vehicles.

Atlas hit by $25m impairment

Iron ore exporter Atlas Iron has taken a $25 million hit to earnings as a result of restructuring and valuation changes to its Centaurus Metals investment.

Beef Futures to benefit state’s north

The state government has today unveiled the Northern Beef Futures project, a $15 million investment in supply chain and trade development that it says will have a flow on benefit of half a billion dollars across the community.

RCR profit climbs 22%

Engineering and infrastructure company RCR Tomlinson has returned a fifth straight year of revenue growth, delivering a statutory net profit after tax of $43.3 million.

All Perth’s people better off, some better off than others

A recent report has found that while incomes have risen across Perth’s suburbs, some areas have struggled to keep up with the average.

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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.

EC&M into administration

Henderson-based electrical contractor EC&M has entered administration this morning, with about 400 staff to be temporarily stood down.

Liquidation as pressure builds at Yagan Square

Two businesses at Yagan Square have shut up shop in recent weeks, with warnings more may follow as tenants grapple with low foot traffic.

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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.