Search

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. 

$160m in federal funding for Outback Way

The federal government has today pledged $160 million to seal a 300-kilometre stretch of the Outback Way, which links Western Australia’s Goldfields to central Queensland.

Jupiter relists after $240m IPO

Brian Gilbertson-led Jupiter Mines has made a steady start to trading on the ASX today, after the manganese miner completed a $240 million initial public offering.

Atlas posts poor March results

Atlas Iron has posted disappointing quarterly results, with discounted prices for its low-grade iron ore leaving the miner with a loss from its March production.

Property Council calls for tax relief

The Property Council of Australia has called on the state government to rule out increasing property taxes in the 2018-19 budget, as the local housing market continues to shows signs of recovery.

Civmec wins work in $3.6bn naval build

German shipbuilder Lürssen has awarded Civmec a key contract for the Royal Australian Navy offshore patrol vessels, which are being built as part of a $3.6 billion federal government program.

Interim Tourism boss named

The state government has announced Richard Sellers as acting director general of the Department of Jobs, Tourism, Science and Innovation after Stephen Wood was forced out last week.

Hopkins in $508m panel beating buyout

Perth-based Andrew Hopkins has led a $508 million buyout of national panel beating business AMA Group, with the deal backed by private equity giant Blackstone.

WA home loan delinquency remains nation's worst

Western Australia has retained the highest home loan delinquency rate in the country for the third straight year despite an improvement in 2017, with some of Perth’s northern suburbs among the worst performing in Australia, according to ratings agency Moody’s.

Junior explorers raise $13m

Junior explorers Black Mountain Resources and Australian Vanadium have announced $3 million capital raisings, while gold-focused Crusader Resources is tapping investors for $6.5 million as part of its initial public offering on the London AIM.

Agency Group in WA purchase

ASX-listed The Agency Group Australia has announced plans to acquire the residential sales and management arm of North Perth-based Vicus Property Group in a cash and scrip deal.

FMG increases autonomous fleet

Fortescue Metals Group is expanding its fleet of autonomous haul trucks with the conversion of 100 vehicles at its Chichester mining hub, leaving the company with a fully driverless fleet.

Board moves: Kerry Sanderson, Jim McGinty

St John of God Health Care has announced state governor Kerry Sanderson as its new chair, while former Western Australian politician Jim McGinty has been appointed as chairman of not-for-profit community service provider Communicare.

Kin slumps on project review

Shares in KIN Mining have nearly halved in value today after the company announced it would be reviewing its $35 million Leonora gold project following expected increases in pre-production capital cos

MGC secures cannabis build contract in Malta

ASX-listed MGC Pharmaceuticals announced today that is has been awarded a contract to build a medical cannabis production facility in Malta, with a $5 million capital raising set to help fund the project.

Data Exchange in $16m IPO

Local tech company Data Exchange has excited investors on its first day of trading on the ASX, after the completion of a $16 million initial public offering.

ResApp shares down on study results

Shares in medical tech company ResApp Health slumped today after it released positive test results, following a spike in the share price leading up to the announcement.

Synergy JV in 210MW renewable build

The state government has today announced that two private investors will co-invest with Synergy in a joint venture that is planning to build up to 210 megawatts of renewable energy projects in the South West Interconnected System.

Creasy's Galileo Mining in $15m IPO

Mark Creasy-backed Galileo Mining has launched its prospectus to raise up to $15 million via an initial public offering to fund an exploration program across its tenements in the Fraser Range near Norseman.

Marvin a force for change

From basketball to rugby, Nick Marvin has worked for two of the state’s wealthiest businessmen on their sporting projects.

MinRes strikes $280m merger deal with Atlas

Diversified mining services company Mineral Resources has announced plans to acquire Atlas Iron in a scrip deal that values the iron ore miner at $280 million.

Pocock resigns from Hazer Group

Shares in local tech company Hazer Group have sunk after the company announced on Friday that founder and managing director Geoff Pocock, and non-executive director Terry Walsh have resigned.

Lift in share value for Ellison, Buckler

The directors of Mineral Resources and Altura Mining have enjoyed solid growth in the value of their shares over the past month, according to data on Director Shareholdings tracked by Business News.

App/tech business of the week- PlayBiz

PlayBiz is a school readiness resource that provides parents with a toolbox of video and written content of developmental theory, practical strategies and a library of activities to develop a child’s crucial foundation skills for school readiness.

Panel rejects Auris application

The Takeovers Panel has thrown out an application from Perth-based Auris Minerals to stop a group of dissident shareholders from voting at a meeting to spill the company’s board.

Cyber security research centre launched

The federal government has today launched a cyber security research centre at Edith Cowan University, backed by $140 million in cash and in-kind funding from industry, government and research participants.

Tawana merges with Bald Hill partner

Lithium producer Tawana Resources has announced plans to merge with its Bald Hill project joint venture partner, Singapore-listed Alliance Minerals Assets, to form a $446 million company.

Altura appoints Citigroup for possible takeover

Altura Mining has appointed Citigroup as its corporate adviser in relation to a potential takeover of the $740 million company by its largest shareholder, Chinese battery manufacturer Shaanxi J & R Optimum Energy.

SRG in $32m NZ buy

Local contractor SRG today announced the purchase of New Zealand-based TBS Group for $NZ35 million ($32.9 million), with a $24 million capital raising being used to part-fund the acquisition.

Mitsui gains majority stake in AWE

Japanese group Mitusi & Co has gained a majority stake in Waitsia gas field operator AWE after a keenly contested takeover battle, and has now declared its $602 million offer unconditional.

Finders in board overhaul

The board of Finders Resources has been overhauled after Indonesian group Eastern Field Developments increased its stake above 90 per cent in its $177 million takeover of the copper miner, with David Fowler appointed as a director and acting chief executive.

Resolute, St Barbara invest $9m in junior explorers

Goldminer St Barbara has invested $4 million in local explorer Duketon Mining, while Resolute Mining has announced it will take a $5.1 million stake in a Canadian gold-focused company.

Pages

Most-read

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.

most commented

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.