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Matt Mckenzie

Matt Mckenzie joined Business News in June 2014 and reports on projects, energy, agribusiness, infrastructure, small business, 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. In 2018, Matt won a WA Media Award for business reporting.

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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.      

Bankwest releases monthly snapshot

Whilst the Reserve Bank’s next move is still likely to be up, the chance of a cut has increased in the last few months, according to Bankwest’s monthly economic and financial market snapshot.

Positive outlook for WA farmers

Western Australian farmers benefited from low interest rates, good crop yields and timely strength in commodity prices in the most recent financial year, according to the Planfarm Bankwest Benchmarks 2013-14.

Doray to take $50 million impairment

Gold explorer and developer Doray Minerals will take an earnings hit of between $40 million and $50 million due to a fall in the Australian dollar gold price.

Imdex registers $5m loss

Drilling services and products supplier Imdex has been hurt by subdued activity in the minerals sector, with a net loss after tax of $5.3 million.

Carnarvon shares rocket on major find

Oil and gas exploration company Carnarvon Petroleum has announced a major oil discovery on the North-West Shelf, which it claims represents the largest in Australia for 30 years.

Golden Rim to raise $3m

Gold and mineral explorer Golden Rim Resources has announced a $3 million placement, managed by Sprott Private Wealth, for exploration in Burkina Faso and working capital.

Record cattle production: ABS

Cattle production was an Australian record in the June quarter, according to the Australian Bureau of Statistics.

Mincor back in black

Nickel miner Mincor Resources has released its full year results, revealing a net profit after tax of $1.85 million, a turnaround of more than $20 million from the previous financial year.

Black Fire, Australian Mines raising capital

Black Fire Minerals has completed an $810,000 share placement to complete its reverse takeover of mobile game developer Animoca Brands Corporation.

Lend Lease wins $62m freeway deal

Lend Lease has been selected to expand the Kwinana Freeway south of Roe Highway, in a $62 million contract announced by the state and federal governments today.

VDM responds to speculation

VDM Group has responded to rumours it will acquire mining rights at an Angolan copper project by saying the potential acquisition is incomplete with no certainty on its terms.

Gindalbie hit by $640m impairment

Iron ore explorer Gindalbie Metals has flagged a $640 million hit to its investment in Karara Mining, after it completed a review of its assets.

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.

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Green light for Bechtel Pluto camp

A $180 million project to house up to 2,500 fly-in, fly-out workers for the expansion of Woodside Petroleum's Pluto LNG plant was approved by the local joint development assessment panel in December.

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.

EC&M into administration

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

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.

most commented

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.