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. 

Agency Group buys Servtech businesses

Listed real estate firm Agency Group Australia, formerly Ausnet Financial Services, has acquired three arms of struggling tech company Servtech Global Holdings for less than $1 million, while also announcing a $3 million capital raising.

Citic hits 2017 target, outlines economic value

Perth-based CITIC Pacific Mining has hit its 2017 production target of 15 million tonnes of magnetite concentrate at its Sino Iron project in the Pilbara, while also releasing a study that shows spending of $51 billion in Western Australia over the next 40 years.

WA population growth remains subdued

Western Australia’s adverse population trends have continued in the 12 months to June, with overall growth of just 0.8 per cent while less people are coming from interstate and overseas.

Woodside installs battery power

Woodside Petroleum expects to cut costs and its environmental footprint after contracting ABB Group to replace one of the gas turbine generators at its Goodwyn A platform in the North-West Shelf with a battery storage micro-grid.

Panel rejects Tap application

The Takeovers Panel has rejected an application by Tap Oil claiming its two biggest shareholders had become associated, with the panel refusing to make a declaration of unacceptable circumstances.

Iluka approves $275m Cataby mine

Iluka Resources has approved its $275 million Cataby mineral sands project, which is set to provide 250 construction jobs, after securing offtake agreements for 85 per cent of production from the deposit.

Santos and Total in WA farm-in deal

Energy company Santos and French multinational Total have agreed to fund a 3D seismic survey, thought to be worth around $45 million, over Melbana Energy's Beehive prospect off the north coast of Western Australia.

Perth investors reject Finders takeover

Finders Resources has received the backing of some high-profile Perth investors in its opposition to a hostile takeover offer, with Euroz’s Tim Lyons, billionaire Ralph Sarich and Brettney Fogarty among a list of shareholders to have indicated they will not accept the 23-cents-a-share bid.

Short list for $47m freeway contract

Three engineering alliances have been shortlisted for a $47 million 'smart freeways' project that will use technology to convert the emergency lane on part of Kwinana Freeway into a full-time traffic lane.

Tellus waste facility gets EPA approval

The Environmental Protection Authority has recommended conditional approval for Tellus Holdings to develop a clay mine and waste storage facility at its proposed Sandy Ridge project in the Goldfields.

Cleanaway to buy Tox Free for $671m

The directors of Osborne Park-based Tox Free Solutions have decided to cash-in on 17 years of successful national growth by accepting a friendly $671 million takeover offer from waste management competitor Cleanaway.

Chinese group launches $463m AWE takeover bid

A Chinese state-owned energy company has stepped up its efforts to gain control of the Waitsia gas field north of Perth, launching a hostile bid today for oil and gas group AWE after withdrawing its proposal for a friendly takeover earlier this week.

WA lobster industry worth $282m

The western rock lobster industry contributes $282 million and around 900 jobs directly to the Western Australian economy with an overall impact of more than $500 million, a new report has found.

Finders major shareholder to reject offer

Finders Resources’ second-largest largest shareholder, Taurus Funds Management, has rejected a 23-cents-a-share bid for the copper miner by Indonesian group Eastern Field Developments.

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.

Lithium stocks up on funding deals

Shares in junior lithium explorers MetalsTech and Force Commodities have spiked after the companies announced funding and joint venture agreements, while European Lithium will tap investors to progress its lithium project in Austria.

$5m tech placements

Technology companies Syntonic and Family Zone are planning to grow their respective international customer bases after announcing separate $5 million share placements today.

Finders shares stay below Deloitte valuation

Finders Resources has urged its shareholders to reject a takeover bid from Indonesian group Eastern Field Developments after independent expert Deloitte valued the copper miner well above the 23 cents offer price, despite Finders’ share price continuing to hover near that mark.

WA cleaners fined $500,000

Former high-flying Western Australian businessman Mark Povey and his wife, Catherine Paino-Povey, have been fined more than $500,000 for short-changing three overseas workers thousands of dollars in wages through the couple’s contract cleaning company.

Positive signs for Perth property

Perth home prices have risen for the third straight month for the first time since 2014, according to the the latest CoreLogic home value index report.

Junior gold miners raise $12m

Junior miners Draig Resources and Capricorn Metals will tap investors in separate capital raisings as both companies advance their respective Western Australian gold projects.

Gold royalty hike canned

Treasurer Ben Wyatt says the state government will drop its proposal for a gold royalty hike after a revised plan was blocked in the Legislative Council last night.

RAC to trial driverless cars in Perth

RAC has announced that it will partner with French autonomous vehicle manufacturer Navya and the state government to trial driverless vehicles on Perth streets next year.

Creso in $17.5m placement and chocolate partnership

Medicinal cannabis company Creso Pharma will raise $17.5 million through a strongly supported share placement, while also announcing a partnership with Swiss chocolate firm Aeschbach Chocolatier to develop marijuana flavoured chocolates.

Indigenous groups take Carnegie solar farm stake

Carnegie Clean Energy has signed a binding term sheet with government agency Indigenous Business Australia and the Perth Noongar Foundation for a 50 per cent stake in the renewable energy company’s $17 million Northam solar farm.

TransAlta power station offically opened

TransAlta officially opened its new 150-megawatt combined cycle natural gas power station in South Hedland today, with Horizon Power as its sole foundation customer after Fortescue Metals Group backed out of an offtake agreement.

MMA postpones annual meeting

MMA Offshore has postponed its annual meeting after a complaint from major shareholder Halom Investments to the Takeovers Panel regarding a $97 million capital raising.

Tap takes action over major shareholders

Tap Oil has submitted an application to the Takeovers Panel requesting the disclosure of details surrounding major shareholders Risco Energy Investments and Chatchai Yenbamroong, and for the pair to be restrained from voting at the company’s annual meeting.

Dawson endorses EPA's MinRes report, decision pending

Environment Minister Stephen Dawson has endorsed the environmental watchdog’s rejection of Mineral Resources’ Jackson 5 and Bungalbin East iron ore project, however, the government is yet to make a final decision on the proposal.

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.

WA businesses get worse on late payments

Western Australia was the only state in the country to record an increase in late business payment times for the September quarter, new data has revealed.

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.