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Tayler Neale

Tayler Neale is the online reporter at Business News. He also reports on junior mining and the business of sport.  Tayler completed a bachelor of commerce and a bachelor of economics at the University of Western Australia in 2015, majoring in corporate and investment finance, international business economics and money and banking. He previously worked as a journalist at the Albany Advertiser. 

Morning Headlines

Rod Jones, who quit as chief executive of Navitas in 2017 only to return as part of a private equity-led takeover offer, says more staff and an improved experience for students is needed to get the most out of the university partnerships business.

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The resources industry is expected to be one of the unlikely drivers of wages growth in 2019, with recruiters forecasting some salaries to climb by almost a third.

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Federal Opposition Leader Bill Shorten has kicked off his election campaign with a searing attack on big business and the wealthy, in a populist tirade that named and shamed one of Australia’s most iconic companies, miner BHP.

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Britain’s political crisis has deepened, with Prime Minister Theresa May’s humiliating Brexit defeat heightening the prospect of no deal with the EU as rival political factions threaten to tear the Conservative government apart.

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Almost 80 Australian seafarers will lose their jobs after BHP and BlueScope quietly brought an end to their use of the last two Australian-manned iron ore vessels.

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Discounter Kmart will reduce its prices in an attempt to revive sales growth, which came to an abrupt halt in December after five years of uninterrupted gains.

WA population growth at 0.8%

New data out today reveals population growth in Western Australia remains subdued, with only a slight rise recorded in the year to June, while nationally the population increased 1.6 per cent.

Tropicana underground to cost $95m

A pre-feasibility study released today by Peter Bradford-led Independence Group has confirmed the viability of an underground mine at the Tropicana gold project.

City of Perth wins $1.3m tech grant

A ‘smart’ irrigation system using weather forecasts and soil moisture readings to adjust watering is one of four City of Perth projects set to get underway after a $1.3 million federal government grant was secured.

Appointments wrap

Former Synergy executive Stephanie Unwin is set to lead regional energy retailer Horizon Power next year, while Screenwest, SNC-Lavalin, Worksafe WA and Destination Perth have also announced significant appointments.

Airport rail project hit with 12-month delay

The state government has announced a delay of up to 12 months at the Forrestfield-Airport Link due to tunneling issues, but says the rail project’s $1.9 billion budget will not be impacted.

Perth Airport launches $11.3m writ against Qantas

Perth Airport has commenced legal action in the Supreme Court of Western Australia against Qantas to recover $11.3 million in unpaid charges for using its facilities.

Birimian plans $8.2m raising, reviews business

Subiaco-based Birimian has announced plans to raise $8.2 million for its Goulamina project in Mali, while the lithium aspirant also flagged a business review and two separate agreements with Chinese companies.

P&N ponders $6bn tie-up

P&N Bank is considering a merger with regional east coast credit union bcu, which is about half the size of the Perth-based lender, to form a combined group with a $6 billion asset base and 150,000 customers across the country.

WA misses out on space station

The state government has voiced its frustration at the Commonwealth’s decision to choose Adelaide as the home of Australia’s $41 million space agency.

CFC posts $18m profit in FY18

Diversified family business CFC Group has registered a big jump in profit for the 2018 financial year, aided by strong performances across its three primary operations.

Westforce in $4.2m property spend

Engineering contractor Westforce Construction has purchased two adjoining properties in Welshpool for $4.2 million, as the company plans to expand its business.

HeraMED launches on ASX

Israeli tech company HeraMED, which is commercialising a home pregnancy monitoring device, started trading on the ASX today, after raising $6 million via an initial public offering.

WA housing lags nation: HIA

Western Australia has the worst residential building conditions in the country, according to a new report from the Housing Industry Association.

South West servos sell for $34m

Federal government-backed agency Indigenous Business Australia has purchased two adjacent petrol stations on Forrest Highway south of Perth for $34 million from Perth-based investment group Security Capital Australia.

Intermin, MacPhersons in $62m merger

Local gold explorers Intermin Resources and MacPhersons Resources have announced plans for a $62 million merger to form Horizon Minerals, which will hold significant assets in the Kalgoorlie region.

Georgiou, Pindan win new contracts

Georgiou Group has been awarded a $42 million contract to build new facilities at Hollywood Private Hospital while Pindan has been appointed as builder for a housing project in Manjimup.

Burston retires aged 83

Resources veteran Ian Burston has called time on his career at the age of 83, after retiring as chairman of iron ore-focused Kogi Iron.

Delays flagged for Pilbara project

The $6 billion Balla Balla infrastructure project has experienced two setbacks, with the deadline for meeting its obligations under a State Agreement extended by 18 months and recent exploration work failing to live up to promise.

Sheffield to raise $19m, assess Thunderbird partnership

Sheffield Resources has announced plans to raise up to $19 million, enabling the company to formally evaluate potential strategic partners for its Thunderbird mineral sands project in the Kimberley.

Telcos spend $19m on WA lots

Three telco groups, including TPG and UK-based Dense Air, have spent $19 million securing 5G spectrum lots in Western Australia as part of an auction run by the Australian Communications and Media Authority.

Storekat wins govt tech grant

Storekat has secured a $294,000 federal government grant, as the local tech company continues its transition to a business-to-business management tool for the logistics industry.

FBR hits 18-month low

Shares in robotics company FBR fell nearly 15 per cent today to their lowest point since June 2017, adding to a string of losses since it announced the termination of its strategic alliance with Caterpillar and a shift in strategy.

Setbacks for cruise ships at Broome

The state government has been forced to allocate an extra $8 million to a dredging program at Broome Port, while an independent report has ruled out the use of a below deck gangway for cruise ships at the port.

West African, VDM, Genesis to raise $60m

Three local exploration companies have tapped investors for up to $60 million, led by a $48.2 million capital raising from West African Resources for its Sanbrado gold project in Burkina Faso.

Cashies to bring in new CEO

Cash Converters International has appointed Bank of Queensland's Sydney-based group executive, Brendan White, as its new chief executive, starting in March next year.

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Terrace Hotel set to close down

The Terrace Hotel, which restored the heritage St Georges House in 2012, is set to shut its door from tomorrow afternoon, Business News understands.

Perth accountant pleads guilty to fraud

Perth accountant Neil Alessandrino has pleaded guilty to a rolled-up fraud charge in the District Court this week.

Western suburbs house prices set to rise

Moody’s Analytics is forecasting continued weakness in Perth's residential property market this year but a return to positive growth in 2019, with Perth’s western suburbs and Mandurah tipped to be the best-performing regions.

Perth house prices on the way up

Perth house prices were up 0.3 per cent in March, and have risen in four of the past six months, according to the latest data from CoreLogic, adding to hopes of a sustained improvement in the residential property market.

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Design change for Swan River bridge

The state government has approved design alterations to the Swan River pedestrian bridge in an attempt to cut $4 million in construction costs, while also announcing further delays to the bridge’s opening date.

Margaret River Gourmet Escape set to end

Western Australia's premier food and wine event, Margaret River Gourmet Escape, will be held in its current form for just one more year, with the state government planning a reconfigured event that includes the Swan Valley in 2019.

Byrnecut slams payroll changes

Byrnecut executive chairman Steve Coughlan has slammed the state government’s decision to crack down on payroll tax exemptions, saying his company will no longer receive the exemption for courses being undertaken by 1,200 employees.

Crowdfunding available for startups

UPDATED: Australian startups will now be able to raise capital via crowdfunding sources after the corporate watchdog today approved the first batch of licences allowing companies to act as intermediaries in the process.