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Tayler Neale

Tayler Neale was an online reporter at Business News. 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.  He joined Business News in 2017 and left to pursue further economic studies in 2019.

EMC deal falls through for Carnegie

Carnegie Clean Energy has been forced to abandon plans to sell its battery storage and microgrid business, while chairman Terry Stinson has detailed the renewable energy outfit’s recent struggles in an address at today’s annual meeting.

Fracking decision opens opportunities

As the debate continues from the state government’s recent decision on fracking, it is worth considering some of the potential projects that may proceed.

RCR secures last-gasp funding

The administrators in charge of RCR Tomlinson have secured funding to support the engineering contractor’s operations, and disclosed that more than 180 parties have expressed interest in the planned sale of its business.

Forrest ups FMG stake with $23m buy

Andrew Forrest has made a $23 million share purchase in Fortescue Metals Group, confirming his position at the top of Business News’ director shareholdings list.

Gascoyne slides on output guidance

Shares in Gascoyne Resources have fallen more than 12 per cent today, after the gold producer downgraded its production guidance for the second time in less than a month.

Govt to lift WA fracking ban

The state government will lift a ban on fracking in prospective areas of Western Australia after an independent inquiry found the petroleum exploration practice to be low risk.

Hilton hotel opening nears

A new $30 million hotel in Northbridge is set to open next month, with operator DoubleTree by Hilton announcing an executive team to run the facility.

Reports show cost hike for miners

Two separate reports from consultancies PwC and EY have flagged an uptick in mining costs as demand within the local resources industry continues to improve.

Ellison dismisses vote against remuneration report

More than 60 per cent of Mineral Resources shares voted against the company’s remuneration report at today's annual meeting.

RCR into administration

RCR Tomlinson, which grew rapidly to be one of Australia's largest engineering contractors with annual revenue of $2 billion, 3,400 staff and multiple contracts in WA, has been placed into administration after failing to secure new funding.

MinRes sells $1.6bn Wodgina stake to Albemarle

Mineral Resources has struck a deal to sell a 50 per cent stake in its Wodgina lithium project for $US1.15 billion ($1.6 billion), with the company set to form a joint venture with US outfit Albemarle Corporation.

City of Perth inquiry reveals serious issues

The inquiry into the operations of the City of Perth commenced public hearings today after highlighting a number of serious matters worthy of ongoing scrutiny and concerns over endemic, flawed cultural practices.

WA construction work on the rise

A new report shows construction work in Western Australia has increased for the first time in five years, while warning that local industry must future-proof itself from capacity and capability risks.

Woodside Fifo camp approved

Woodside Petroleum has struck a revised deal with the City of Karratha to build a 604-bed workers camp, but the planning approval time-frame for the project remains uncertain.

RCR hit with class action

RCR Tomlinson has been served with a shareholder class action, as the engineering contractor requested a one week extension to its suspension from the ASX while it seeks to clarify its earnings outlook and funding requirements.

GHD wins Claremont station contract

Engineering consultancy GHD has been awarded a $6.7 million contract to design upgrades to the rail network around Claremont train station as part of the state government’s Metronet project.

Iron ore leads WA mining surge

ANNIVERSARY SPECIAL: WA’s mining industry has undergone a dramatic transformation over the past quarter of a century, with iron ore replacing gold as the state’s most valuable commodity.

Navitas battle just warming up

Navitas co-founder Rod Jones attacked the company’s earnings forecasts at today’s annual meeting, as chairman Tracey Horton was narrowly re-elected with 50.8 per cent of the vote.

Kin updates $10.4m offer

Gold explorer Kin Mining says it has received commitments from a group of unnamed shareholders to underwrite $8 million of its planned entitlement offer.

New CEO for City of Perth

The commissioners running the City of Perth have appointed an acting chief executive, with local government consultant Murray Jorgensen set to take the reins.

Northern Star lobs $150m deal to Tribune, Rand

Northern Star Resources has made a $150 million offer to move to full ownership of the East Kundana joint venture gold project near Kalgoorlie.

Pilbara Minerals set to approve expansion

Lithium producer Pilbara Minerals has resolved to approve the stage two expansion at its Pilgangoora mine once all necessary approvals and funding have been secured.

Navitas rejects $2bn takeover

The board of Navitas has rebuffed a $2 billion takeover offer from a consortium of investors, which includes co-founder Rod Jones, saying the deal is well below its valuation of the education services company.

Ramelius lifts Explaurum offer to $73m

Ramelius Resources has increased its takeover bid for gold-focused Explaurum, with the miner making an indicative $73.4 million offer after its first proposal was rejected.

Hopkins to take charge at AMA

National automotive services business AMA Group has struck a $68 million deal with new investors, which includes a big share selldown by management, after Perth-based Andrew Hopkins became the company’s chief executive.

Capricorn flags board changes

Gold-aspirant Capricorn Metals has announced a board restructure, which includes the retirement of managing director Heath Hellewell and founding director Peter Langworthy.

Streeter backs two Perth explorers

Terry Streeter-chaired Moho Resources is set to list on the ASX tomorrow, while the experienced mining executive has also been appointed to the board of Chile-focused explorer Emu.

Westminster plans expansion with equity investment

Perth-based Westminster Insurance Brokers is confident of future growth after national player Coverforce took a minority stake taken in the business.

Quay Perth set to open in 2019

The redevelopment of the former New Esplanade Hotel near Elizabeth Quay is scheduled for completion in the first quarter of 2019, with the new facility set to feature a rooftop bar and co-working spaces.

Orica reveals Burrup delay

Explosives manufacturer Orica has revealed technical issues at its half-owned ammonium nitrate plant in the Pilbara will cause a production delay of more than 12 months.

International tourists bypass WA

International tourists spent nearly $250 million less in Western Australia during the 2018 financial year than during the previous 12 months, new data from Tourism Research Australia shows.

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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.