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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. 

MinRes posts $272m profit

Chris Ellison-led Mineral Resources has posted a big increase in profit to $272 million for the 2018 financial year, helped by a strong performance in the company’s mining services division.

Ausdrill in $272m Barminco buy, raises $250m

Ausdrill has announced its first major acquisition since the retirement of founder Ron Sayers last month, with the company set to purchase mining services contractor Barminco in a cash and scrip deal worth $271.5 million, while also announcing a $250 million capital raising.

Dodds dives into water venture

Suzanne Dodds puts much of her entrepreneurial success down to dogged persistence and an ability to remain focused when the pressure is on.

Big companies seen as big winners: Ceda poll

Western Australians overwhelmingly believe the big end of town has been the major beneficiary of the country’s unprecedented run of growth over the past 26 years, a poll released today has found.

Perth slips in liveability rankings

Perth has dropped out of the top 10 in a world liveability index compiled by The Economist, after falling seven places in 2018.

Carnarvon reveals Buffalo potential

Shares in Carnarvon Petroleum have regained some of yesterday’s losses, after the oil and gas explorer revealed plans for its lesser known Buffalo project in the Timor Sea.

York Civil shut down by Ferrier Hodgson

Construction contractor York Civil has ceased operations, and while its joint venture partner is expected to finish work at the Matagarup Bridge, there is uncertainty around a recently won $30 million contract at Port Hedland.

GR wins $8.3m contract payout

GR Engineering Services will receive an $8.3 million payout from Eastern Goldfields, more than a year after launching proceedings in the Supreme Court in relation to a contract dispute at the miner’s Davyhurst operation.

Aurizon earnings dented by iron ore haulage

The loss of iron ore haulage contracts with Cliffs Natural Resources and Mount Gibson Iron is expected to dent rail operator Aurizon’s earnings by about $50 million in the 2019 financial year.

Wesfarmers in $350m KTAS sale

Wesfarmers has struck a deal to sell its Kmart Tyre and Auto Service (KTAS) business to German company Continental AG for $350 million.

Velrada partners with Microsoft on AI

Perth-based Velrada is set to partner with tech giant Microsoft and ASX-listed LiveTiles as part of a program to accelerate the uptake of artificial intelligence across industries such as mining, energy and financial services.

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.

Mod upgrades plant, appoints Sedgman, Azure

MOD Resources has increased the capacity of its planned processing plant at the T3 copper project in Botswana, while also appointing a lead engineer for the feasibility study, along with debt advisers for the project.

App-tech business of the week – TheScreeningLab

TheScreeningLab is a cloud-based software that can digitise any paper-based assessment.

Alcoa workers on strike

About 1,500 Alcoa of Australia workers are striking across the company’s Western Australian operations, with attempts to establish a new enterprise bargaining agreement with Australian Workers Union members so far failing.

Risco ups Tap offer to $39m

Tap Oil major shareholder Risco Energy Investments has increased its takeover offer for the oil and gas company to $38.7 million on the back of BDO’s independent expert valuation.

ACCC backs Fero takeover

Kewdale-based manufacturer Fero Group appears set to be acquired by global outifit DYWIDAG-Systems International (DSI) Group, after the competition watchdog said it would not oppose the deal.

Altura calls off takeover talks

Altura Mining has decided not to pursue a takeover from its largest shareholder, after its corporate adviser Citigroup began investigating a potential transaction in April.

Carnarvon shares soar again

Carnarvon Petroleum has announced another oil discovery at its Dorado-1 well in the Carnarvon Basin, with the company’s share price having more than quadrupled in the past month.

York Civil into administration

South Australia-based York Civil, which is finalising construction of the Matagarup Bridge and recently won a $30 million contract at Port Hedland, has been placed into voluntary administration.

Wesfarmers sells $860m coal stake

Perth-based conglomerate Wesfarmers has sold its stake in the Bengalla coal mine in NSW, continuing a major reshaping of its portfolio after the sale last year of another coal mine and the planned spin-off of its Coles business.

FMG to retain Atlas blocking stake

Fortescue Metals Group has reduced its stake in Atlas Iron but crucially still holds more than 10 per cent, meaning Gina Rinehart's Hancock Prospecting will not be able to acquire full ownership of the takeover target.

EPA supports marina deadline extension

Property developer Tian An Australia (formerly PBD Developments) has won regulatory support to postpone the start of construction at its long-delayed Point Grey marina south of Mandurah.

Hancock moves to 56% Atlas stake

UPDATED: Gina Rinehart’s Hancock Prospecting announced late Friday it has increased its stake in takeover target Atlas Iron to 56 per cent, giving it effective control, and extended its $390 million offer for two weeks.

New Northbridge venue shuts down

Northbridge restaurant and microbrewery Cyril Mason’s has closed its doors less than three months after opening at the William Street location.

Pilbara releases DFS for $231m stage-two

Pilbara Minerals has a definitive feasibility study for the planned stage-two expansion at its Pilgangoora lithium-tantalum project, with chief executive Ken Brinsden confident the $231 million upgrade will go ahead.

Regis plans $29m expansion

Regis Resources has approved a $29.4 million expansion at its Duketon gold project, which is expected to add 570,000 ounces over a five-year mine life.

Curtin awarded $10.3m in research funding

Curtin University has received $10.3 million in funding as part of the latest round of grants from the federal government’s Australian Research Council, with the University of Western Australia awarded $6.6 million.

WA tops Halliday wine awards

Great Southern wine producer Duke’s Vineyard and Deep Wood Estate’s Julian Langworthy have topped the prestigious Halliday Wine Companion Awards announced in Melbourne last night.

Growth plans for WA gold miners

Three Western Australian gold miners have outlined their growth plans, with Saracen Mineral Holdings announcing a 20 per cent increase in reserves, Northern Star Resources unveiling a $60 million exploration budget, and Red 5 targeting annual production of more than 100,000 ounces.

App/tech business of the week- My Wellbeing Mate

My Wellbeing Mate app brings together a network of mental health resources by offering a gateway to helplines, websites, guides, videos, talks, apps, self-checks and more.

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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.