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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. 

Galileo up 58% on ASX debut

Shares in Galileo Mining, which is backed by Mark Creasy and Chris Ellison, have closed up strongly on their first day of trading after the company raised $15 million via an initial public offering.

New Century hails landmark indigenous agreement

New Century Resources has awarded a mining services contract to an indigenous joint venture as part of what the company claims to be an Australian-first agreement with traditional owners.

Resolute, Westgold invest $26m in junior explorers

Two local gold miners have announced equity investments in junior explorers today, with Resolute Mining investing $22.5 million in Canadian company Orca Gold while Westgold Resources has taken a 15 per cent stake in Musgrave Minerals.

Independence sells Jaguar for $73m

Independence Group has agreed to sell its Jaguar base metals operation near Leonora for $73.2 million to diversified investment company Washington H. Soul Pattinson and Company.

Fortescue to invest $1.7bn in new mine

Iron ore miner Fortescue Metals Group has approved development of its Eliwana mine and rail project in the Pilbara, which has an estimated $US1.28 billion ($1.7 billion) capital cost.

Rinehart and Forrest top WA rich listers

Iron ore maganates Gina Rinehart and Andrew Forrest remain in the top 10 of the nation’s wealthiest people, according to the 2018 AFR Rich List, which included 20 Western Australians out of 200 people listed this year.

Quintis faces third class action

A new class action has been launched today against embattled sandalwood producer Quintis, along with its former managing director Frank Wilson and the company’s auditor EY.

Wesfarmers abandons costly UK move

Wesfarmers has sold its struggling Homebase business for a nominal sum, with managing director Rob Scott confirming the UK hardware company has cost the conglomerate about $1.3 billion.

Cashies pays $650k over debt collection issues

Perth-based Cash Converters International has made a $650,000 settlement payment in relation to concerns over its debt collection practices, as the company transitions the process to a specialist third party.

Caravel board resigns

Caravel Minerals has announced the resignation of its entire board today, while the outgoing directors have agreed to withdraw legal proceedings against incoming director Alasdair Cooke.

Fleetcare wins new govt contract

Perth company Fleetcare will more than double the number of vehicles it provides to the state government after securing a new sole supplier contract, after previously sharing the work with ASX-listed SG Fleet Group.

BGC cuts Perth staff

BGC Contracting has announced personnel cuts within its Perth head office as part of a restructure that will also move its mining chief operating officer to Brisbane as the company shifts its focus to the east coast.

Perth housing data sends mixed message

The Perth property market has recorded an increase in the price of new land sold and strong growth in land under construction in the March quarter, however annual data in a new report out today shows the market still has a long way to fully recover.

Contractor and director fined $300k over injury

Esperance-based FGS Contracting and a company director have been fined more than $300,000 over the serious injuries sustained by one of the company's workers in 2016.

40under40 winner elected as Melbourne mayor

Former Business News 40under40 winner Sally Capp has been elected as Melbourne’s lord mayor, joining a growing list of past winners who have gone on to bigger things since claiming the award.

Rio's driverless trains gain approval

Rio Tinto’s autonomous train program at its iron ore operations is one step closer to full implementation after it received approval from the National Rail Safety Regulator.

$9m BHP win for Minetec

Bibra Lake-based Minetec has been awarded a $9.5 million contract to supply BHP’s Olympic Dam mine in South Australia with an underground fleet management system, while the tech firm’s parent company, Codan, has posted a profit upgrade.

Qantas launches cheap flights to Broome

The state government has announced a partnership with Qantas that will provide discounted airfares for flights to Broome in an effort to boost regional tourism.

Kidman signs lithium offtake with Tesla

Kidman Resources has signed a three-year offtake agreement with Tesla for the supply of lithium hydroxide, less than two weeks after announcing Kwinana as the site for a new lithium refinery.

Retractions spike highlights compliance, policing

There has been a big increase this year in the number of ASX-listed companies, primarily junior explorers in WA, forced to retract announcements.

Govt backs barramundi farm, Warburton resigns

The $5 billion Northern Australia Infrastructure Fund has finalised its second deal, providing nearly $30 million to a barramundi farm in the Northern Territory, two weeks after chair Sharon Warburton stepped down.

Yujnovich calls for stronger industry voice

Shell Australia chair Zoe Yujnovich told today’s APPEA conference the oil and gas industry needed to be more active in defending its record, as protesters came together outside the Adelaide conference.

AHG slumps on trading update

Shares in Automotive Holdings Group slumped today after the company flagged challenging market conditions and a drop in retail margins due to regulatory changes.

Austal launches $40m expansion

Austal has announced a $US30 million ($40 million) expansion of its commercial shipbuilding operations across three sites, including a $6 million upgrade at Henderson, days after the company was left out of the contract to build Australia’s new offshore patrol vessels.

Seven upgrades earnings on strong mining sector

Seven Group Holdings has upgraded its full-year earnings guidance, after the company said it was performing above expectations due to strength in the mining industry and east coast infrastructure acti

ABN appoints CEO, new bank partner

Dale Alcock’s ABN Group has recruited former Arrium managing director Andrew Roberts as its chief executive, while announcing Bankwest as its new banking partner, after nearly 40 years with ANZ.

Sipa soars on Rio JV

Shares in Sipa Resources soared today after the company announced a joint venture agreement with mining giant Rio Tinto at the junior explorer’s Kitgum-Pader base metals project in northern Uganda.

NSL in $10m raising

Iron ore-focused NSL Consolidated has tapped investors for $10 million to fund an expansion of its Kurnool wet beneficiation plant in India.

Carnarvon in $20m raising

Carnarvon Petroleum has boosted its coffers with a $16 million capital raising to fund drilling at its Buffalo oil field in the North West Shelf, while also announcing a share purchase plan to raise up to $4 million.

Government investigates Qantas WA pilot school

The McGowan government says it will set up a taskforce to investigate establishing a pilot training academy in Western Australia, after Qantas today launched a formal request for proposals from state governments across the country.

Artemis sells off $20m Novo stake

Artemis Resources has announced plans to sell its stake in Canadian joint venture partner Novo Resources for $20.7 million, with the proceeds set to be spent on exploration at the company’s conglomerate gold assets in the Pilbara.

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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.

Superfunded goes into liquidation

Perth-based company Superfunded has been placed into liquidation after the Federal Court made orders to wind-up the business following an application by the corporate watchdog.

Asic hands down lifetime ban to Perth broker

A former Perth-based insurance broker has been permanently banned from the financial services industry by the corporate watchdog for misleading, deceptive and dishonest conduct.

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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.