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.
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 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.
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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 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.
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.