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.
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.
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.
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.
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.
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.
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.
Pilbara Minerals has released 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.
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.
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.
Landgate chief executive Jodi Cant has been appointed as the new director general of the Department of Finance, but the state government is still looking for a permanent boss for the Department of Jobs, Tourism, Science and Innovation.
Despite maintaining its position as the worst performing state in the country, Western Australia’s economy showed improving levels of investment, according to the latest CommSec State of the States report.
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.