Michael Ramsey

Michael covers public policy issues, with a broad interest in the relationship between business and politics. He holds a Bachelor of Arts with Honours in Political Science and a Master’s degree in Journalism from the University of Western Australia.

Stakes raised in Seven’s Nexus takeover

Cash-strapped oil and gas company Nexus Energy has warned shareholders it will likely be forced into administration if a planned takeover by Seven Group Holdings fails to win approval.

Amcom eyes acquisitions with $40m raising

Amcom Telecommunications says it is on the hunt for new growth opportunities after raising $40 million through a share placement.

Clock ticking on Aquila takeover

Aquila Resources will respond to a $1.4 billion joint takeover bid from listed railway operator Aurizon and Chinese steel giant Baosteel within the next two weeks following the dispatch of a bidders' statement today.

Quickflix chief hits back at critics

The war of words between online movie company Quickflix and a group of activist investors has heated up ahead of an extraordinary general meeting next week.

ACCC not sold on Wesfarmers LPG sale

The competition watchdog has raised concerns the proposed sale by Wesfarmers of its east-coast LPG business to competitor Elgas could leave customers vulnerable to price increases.

Crowe Horwath considers fresh takeover bid

Accounting firm Crowe Horwath has entered into exclusive takeover talks with a partnership between wealth management group Financial Index Wealth Accountants and private equity firm KKR Asset Management, snubbing rival bidder Anchorage Capital Partners.

Interest waning in housing market: REIWA

Perth home sales are down 5 per cent on the same time last year with investors and first home buyers showing weaker interest, according to new data from the Real Estate Institute of WA.

Papillon attracts $615m takeover

Perth company director Ian Middlemas has presided over another lucrative takeover deal, after the board of Africa-focused Papillon Resources agreed to a $615 million all-scrip takeover by Canadian major B2Gold.

Footy great Cometti in oil painting

Legendary Western Australian sports commentator Dennis Cometti has made an unlikely appearance in a portrait submission for the Archibald Prize.

Euroz plans new funds management business

Perth-based stockbroker Euroz has appointed former MLC chief executive Steve Tucker to head up a new funds management subsidiary as the company eyes opportunities in the listed investment company sector.

Perth home values in decline: RP Data

Perth home values have gone backwards over the year to date despite growth in all other capital cities, according to the latest RP Data-Rismark home value index.

GCS flags lower earnings in tough market

Global Construction Services has forecast a big fall in full-year earnings amid challenging market conditions and continued delays to major projects.

Business women still face hurdles

Western Australia's inaugural Telstra Business Woman of the Year says professional women still encounter many of the same barriers today as they did two decades ago.

BMT Oceanica to lead aquaculture studies

Perth-based marine environment specialist BMT Oceanica has been appointed lead consultant in a state government bid to establish an aquaculture development zone in the southern Abrolhos islands.

Coalspur seeks critical funds injection

Canada-focused explorer Coalspur Mines says it stands little chance of developing its flagship Vista thermal coal project in the near-term as tough equity market conditions threaten the company's ongoing viability.

Australand upgrades earnings guidance

Property developer Australand has upgraded its full-year earnings guidance while signalling a fresh willingness to consider a sweetened $2.5 billion takeover bid from rival Stockland.

CFMEU reps face court action

The building industry watchdog has launched legal action against CFMEU bosses Joe McDonald and Dave Noonan over an alleged blockade at the New Children's Hospital last year.

Eagle Boys hopeful on turnaround

Eagle Boys Pizza says it plans to rebuild its network of Western Australian stores after closing a number of underperforming sites in recent years.

ECU freezes student fees amid uncertainty

Edith Cowan University has joined Murdoch University in freezing fees for students who enrol in an undergraduate degree this year amid concerns proposed government funding changes could drive down student enrolments.

Aquila takeover gets FIRB all-clear

Chinese steel giant Baosteel and listed railway operator Aurizon have cleared a key hurdle in their $1.4 billion joint takeover bid for Perth-based Aquila Resources, with the Foreign Investment Review Board giving the green light to the proposed deal.

New WA home sales track higher

New detached home sales in Western Australia have reached their highest point in three years, according to the Housing Industry Association.

Diploma eyes $16m Freo hotel deal

Diploma Group has lined up a $16 million contract to build Sirona Capital's proposed Quest serviced apartment development in Fremantle.

Murdoch to absorb student fee hike

Murdoch University will wear the cost of exempting students who enrol in an undergraduate degree this year from increased fees as the federal government plans a 20 per cent funding cut in 2016.

Sirona plans $30m Fremantle Quest hotel

Investment group Sirona Capital has expanded its footprint in Fremantle, launching plans to develop a $30 million Quest serviced apartment hotel in the port city's West End.

Lion to sack Bentley workers

Beverages giant Lion has confirmed about a third of workers at its Bentley milk processing plant will lose their jobs after the company was dumped as Woolworths' milk supplier in Western Australia for rival Brownes.

Iluka hopeful of mineral sands pick-up

Iluka Resources managing director David Robb says he expects mineral sands sales to rebound after the company's earnings nosedived in 2013.

Perth home affordability up 5 per cent: HIA

Perth's housing affordability continues to improve, with low interest rates and a slight decline in home prices combining to make the local market more accessible.

No outsourcing mine safety: Marmion

Mines and Petroleum Minister Bill Marmion has flagged new industry safety guidelines in the wake of five mining fatalities in Western Australia in nine months.

Tangiers finds new investor interest

Tangiers Petroleum has completed its second capital raising for the month after receiving "strong, unsolicited demand" from major investors.

Rinehart-backed oil play eyes shale

The Gina Rinehart-backed Sun Resources has purchased a stake in oil and gas leases in the prospective Eagle Ford and Austin Chalk shale formations in the American state of Texas.

Quickflix buoyant on Dick Smith deal

Perth-based online movie company Quickflix has inked a marketing partnership with retailer Dick Smith Electronics.



Forge Group goes into receivership

A three-month battle to keep Forge Group afloat has come to a sudden end, with administrators and receivers called in to manage the company's assets after financier ANZ Banking Group withdrew support for the engineering contractor.

Padbury's Oakajee deal terminated

Less than three weeks after announcing it had secured $US6.47 billion ($6.89 billion) in equity funding to construct a port and rail network at Oakajee, junior explorer Padbury Mining says the deal is now dead.

Forge faces potential class action

Litigation funder Bentham IMF and law firm Slater & Gordon will pursue a potential class action against failed engineering contractor Forge Group amid allegations of misleading and deceptive conduct by the company.

Monadelphous wins $680m Ichthys works

Engineering contractor Monadelphous Group has been awarded a $680 million construction contract at Inpex's Ichthys liquefied natural gas project.

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Urban sprawl fuels Perth congestion woes

Residents of Perth's outer suburbs are spending more than the average mortgage repayment on driving to work every week due to inadequate public transport options, a new report has found.

Don't blame builders for cost blowouts: report

The state government's 20 largest capital projects are collectively expected to cost more than double their original estimates, but contrary to popular perception, the construction phase is not the

Business pessimism "unwarranted": Goyder

Wesfarmers chief executive Richard Goyder says the tone of the national conversation has become too pessimistic, challenging business leaders to embrace the opportunities created by Australia's str

Satterley hits back at FHOG criticism

Leading property developer Nigel Satterley has hit back at claims the first home owners grant is a policy failure, arguing the grant has provided an ongoing boost to the Western Australian housing market.