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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 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.      

Managers, investors evolve in west

The state’s first early stage venture capital limited partnership is one of three funds announced by Western Australian money managers this year, and one of two in a joint project by Cottesloe-based View Street Partners and Nedlands-based Mac Equity.

Gorgon LNG production ahead of the curve

Chevron’s Gorgon project has shaken off last year’s teething issues to ship at an above-capacity run rate in July, exporting 1.4 million tonnes of LNG in the month, according to the latest data from consultancy Energy Quest.

Domestic economy lags export growth

THE 2016-17 financial year marked the start of a recovery for Western Australian merchandise exports, which were up 20 per cent to be worth nearly $121 billion in the year to June.

Small business growth on tap at Curtin

SPECIAL REPORT: The Monk Craft Brewery & Kitchen was among many businesses boosted by a local program to support entrepreneurs.

Shared spaces connect businesses, foster collaborative opportunities

SPECIAL REPORT: There is a range of places for small businesses and startups to access support, but technological change means some are rethinking their approach. Click through for the updated BNIQ list of SME and startup business centres.

Record administrations in June

Corporate administrations in Western Australia fell for the 2016-17 financial year, down by 5.2 per cent on the previous period, although a poor result for the three months to June suggests it is too early to call a recovery.

Wyatt moves to enable Alinta access to NWIS

The state government plans to prepare reforms to allow third-party access in the North West Interconnected System, the Pilbara’s electricity network, ready for a cabinet decision in March 2018, in a move that would end years of impasse.

Mareterram targets growth through acquisition

Fremantle-based seafood producer Mareterram has examined more than 30 potential acquisition opportunities in the past couple of years as it seeks to grow into a larger diversified business focused on protein.

Flux to double capacity in Hawaiian deal

About 1,400 square metres of capacity will be added at the Flux co-working hub run by Spacecubed, with the organisation planning to broaden its offerings in agtech innovation and virtual reality, while taking on an investment from property developer Hawaiian.

Summit generates $37m despite plant trip

Two of Western Australia’s biggest power stations have earned after-tax profits of around $37 million in the 12 months to March, despite one of the generators being out of action, according to the annual report of their part owner.

Papalia fires on federal navy program

The state government will be seeking to pile pressure on the Commonwealth to secure more defence industry spending in the west, according to Minister for Defence Issues Paul Papalia, as he hit out at his federal counterpart over a perceived lack of naval shipbuilding cash flowing to local players.

South Hedland power plant not ready: Fortescue

Fortescue Metals Group claimed today that a new power station built by Canadian company TransAlta Corporation at South Hedland had failed to achieve commercial production, while the miner also announced it would buy back a second power station it sold to TransAlta in 2012.

Miners in $12m of raisings

Three local resources companies have announced successful raisings worth a total of $12 million today, with uranium hopeful Vimy Resources, gold focused Explaurum and gold explorer Catalyst Metals all raising capital.

Sandfire increases stake in US copper project for $7.1m

West Perth-based miner Sandfire Resources has further lifted its interest in the Black Butte copper project in the US, taking its total share of project vehicle Tintina Resources to 78.1 per cent.

WA wins for subsea work

Two Western Australian businesses have been recognised for their achievements in the subsea engineering sector at the 2017 Subsea Energy Australia awards.

Commissioning complete at Sth Hedland power station

Commissioning has been completed today at a 150-megawatt gas power station in South Hedland built by Canadian energy company TransAlta, to power Horizon Power customers and Fortescue Metals Group’s operations.

Goyder calls for tax, red tape cuts to generate growth

Business needs to be unshackled from red tape to compete with technology, while lower tax would boost wages growth, Richard Goyder told today’s Success & Leadership breakfast.

Seamless transition the goal

A lengthy leadership transition provided Richard Goyder with the ideal preparation for his role as Wesfarmers’ boss in 2005, the outgoing managing director told today’s Business News Success & Leadership breakfast.

Mixed outlook for China

Chinese demand for Australian natural resources could be on a longer-term path of slow growth, although a major international development project could bring some benefits.

Jockeying for position in Perth Basin

SPECIAL REPORT: Only a small number of oil and gas players in the Perth Basin are moving forward on projects.

Fracking moratorium hit to under-pressure gas plays

SPECIAL REPORT: Ongoing uncertainty over state government policy and a lengthy approvals process are muddying the waters for local energy hopefuls.

Walker replaces Aitken at Empire

Former Canaccord Genuity head of energy Asia Pacific, Angus Walker, has taken over the helm of Perth Basin energy producer Empire Oil & Gas today after the resignation of managing director Ken Aitken.

WA biggest winner from Inpex project

Tokyo-based Inpex’s Ichthys LNG project will provide a $34 billion boost to incomes in Western Australia across the period to 2050, and generate about $73 billion of tax revenue, according to an economic impact report by Acil Allen Consulting released today.

Commercial solar momentum builds

Schools, aged care facilities, shopping centres and bars are among the eclectic mix of establishments installing solar panels, amid predictions commercial rooftop installations could grow by nearly a gigawatt in Perth and surrounds by 2037.

RCR loses appeal in eight-year court fight

RCR Tomlinson has lost the latest round in a long-running legal action against a former executive who was dismissed in 2009, and will pay nearly $300,000 in retirement benefits after the company's appeal failed.

Backdoor plays, resources lead shareholder returns

SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state’s top performers in financial year 2016 in Business News’s annual analysis of total shareholder returns.

Local opportunity in premium products

Olive oil, chocolate, avocados, marron and cider are among a number of Western Australian products that are ideal for local industry to target as premium markets, according to a report commissioned by the Department of Agriculture and food released Thursday night.

Discounts grow in gas battle on AGL entry

Sydney-based AGL made its long-awaited entry to the Perth gas market this week, with price cuts and a range of customer incentives underpinning the company’s offering as the sector’s newest player in the domestic gas sector.

CBH opens malt facility in Vietnam

Grain handling cooperative CBH Group’s partially owned subsidiary, Interflour, has officially opened a new malt production facility in Vietnam, which it said would give Western Australian farmers better access to the Asian nation’s beer market.

Drilling success for AWE

AWE has reported more positive drilling results at its half-owned Waitsia gas field near Dongara, which it has previously said could be the biggest onshore gas discovery in WA for 50 years.

University rethink needed amid competition

Local universities risk losing much of the income derived from international students if they don’t rethink their curriculums and entry requirements, according to the chief of a prominent Asia-Australia business advocacy group.

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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.

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.

Property player tops 40u40

Blackburne managing director Paul Blackburne was last night named the 2016 Business News 40under40 First Amongst Equals, ahead of a talented and diverse field of candidates.

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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.