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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. 

Orion, Kibaran, Flinders raise $30m

Three junior explorers have announced capital raisings worth up to $29.5 million, with Denis Waddell-led Orion Minerals tapping investors for $17.3 million.

Spitfire and Excelsior in $80m merger

Junior gold explorers Spitfire Materials and Excelsior Gold, which own neighbouring projects north of Kalgoorlie, have agreed to a merger, with the new entity worth about $80 million.

ATO ruling halts $508m auto deal

Perth investor Andrew Hopkins’ planned $508 million buyout of national panel beating business AMA Group has been cancelled after the group failed to get an expected ruling from the Australian Taxation Office.

Fleetwood sells caravan business for $1m

Perth-based Fleetwood Corporation has sold its struggling caravan manufacturing business, with the company forecasting an overall loss of up to $15 million on the deal.

Gold miners post strong output forecasts

Gold producer Northern Star Resources has hit its gold production rate target for 2018, while Doray Minerals has announced an increased production guidance for the 2019 financial year.

MinRes pulls out of Atlas takeover

Chris Ellison-led Mineral Resources has decided against making a counter offer to Gina Rinehart’s $390 million takeover bid for junior miner Atlas Iron.

Ex-Austal exec blocked from Civmec switch

A former Austal executive has been restrained from working for competitor Civmec on the $3.6 billion offshore patrol vessels program, after an interim injunction was handed down in the Supreme Court last week.

App/tech business of the week- Home for Now

Home for Now, which was developed by Anglicare WA and UWA's Coders for Causers, is a web app that provides live listings of available crisis and transitional accommodation on any given night.

Dutch gyro deal positive for Veem

Marine engineering firm Veem is hopeful its gyrostabiliser technology will provide the next major step in its future growth plans.

EPA backs Albemarle lithium refinery

The environmental watchdog has recommended conditional approval to US-based Albemarle Corporation’s proposed 100,000 tonnes per annum lithium refinery near Bunbury.

Grist set to chair Robo 3D

Perth investor Tony Grist is set to take charge of US-focused 3D printing company Robo 3D, which has announced the acquisition of a US software company operating in a related field and major cost cuts in its existing business as it seeks to achieve breakeven trading.

Asic launches legal action against Frank Wilson

The corporate watchdog has launched legal action in the Federal Court against former Quintis managing director Frank Wilson, alleging he failed to disclose the loss of a major contract in 2017.

MinRes strikes deal for Koolyanobbing

Mineral Resources has struck a deal to purchase the Koolyanobbing iron ore mine from US-based Cleveland Cliffs, after getting support from the state government and railway owner Arc Infrastructure for a deal that will save up to 400 jobs around Southern Cross and Esperance.

Chinese group lobs $13bn offer for APA

The ownership of two major gas pipelines in Western Australia could change hands after a Chinese consortium proposed a $13 billion takeover of energy infrastructure giant APA Group, one year after the same consortium bought DUET Group, which owns the Dampier to Bunbury gas pipeline.

Perth house prices among nation's top since '93

Perth house prices have increased 6.7 per cent per annum over the past 25 years, behind only Melbourne and Sydney, with southern suburb Leda among the country’s top performing in that time, according to a study released today.

GCS and SRG to merge into $332m group

Perth companies Global Construction Services and SRG have announced an agreed merger that brings together their contracting, construction and engineering services into a combined group with an expected value of $332 million.

Report says WA ready for space agency

The state government has today released a report outlining the key advantages to setting up a new national space agency in Western Australia, but the opposition says more needs to be done to secure federal support.

Local figures recognised in Queen's Birthday honours

Perth business figures Erica Smyth, Peter Fitzpatrick, Danielle Blain and David Hohnen are among this year’s local recipients of the Queen’s Birthday awards.

Talisman sells Springfield stake in $72m deal

Sandfire Resources has reached an agreement to purchase Talisman Mining’s stake in the Springfield joint venture project in the Goldfields region for $72.3 million.

Gage Roads buys Matso's for $16m

Gage Roads Brewing Company has struck a deal to purchase Matso’s Broome Brewery for $16.1 million, along with a $12 million capital raising to fund the acquisition.

WA universities move up world rankings

The University of Western Australia remains in the top 100 universities in the world, while Curtin University has continued its move up the rankings, according to the 2019 QS University Rankings.

FMG takes blocking stake in Atlas

Andrew Forrest-chaired Fortescue Metals Group has taken a surprise 19.9 per cent stake in Atlas Iron, and says it will block the $280 million takeover proposed by diversified mining services business Mineral Resources.

Neometals in land deal for Kalgoorlie lithium plant

Neometals has signed a two-year option agreement for a 40-hectare site in Kalgoorlie for its proposed development of a lithium hydroxide refinery.

Court rulings reveal Roberts' aircraft deals

A second Supreme Court judgement in as many months has shed further light on the multi-billion dollar AVWest Aircraft business run by Perth rich lister Tim Roberts, who is in dispute with law firm Clayton Utz and Canadian manufacturer Bombardier.

Australis secures $US75m credit facility

Australis Oil & Gas has secured a $US75 million ($98 million) credit facility with Macquarie Bank to fund drilling within the Tuscaloosa Marine Shale in the US.

Asic bans Pilbara property developer

Former Pilbara-focused property developer Veronica Macpherson has been permanently banned from providing financial services following an investigation by the corporate watchdog.

Former Perth financial adviser cops five-year ban

The corporate watchdog has banned a former Perth-based AMP financial adviser from providing services for the next five years after he was found to have given clients poor advice.

App/tech business of the week- Bamboo

Bamboo is a micro-savings application that automatically rounds up daily transactions and invests it into a chosen cryptographic asset in a risk appropriate way.

BCI releases study for $335m Pilbara project

BCI Minerals has released a pre-feasibility study for its Mardie salt and potash project in the Pilbara, with a total capital expenditure of $335 million needed to reach full production.

Quintis offered $175m recapitalisation deal

The creditors of sandalwood company Quintis, led by US group Blackrock, have proposed injecting $175 million to take control of the business, in a deal that is likely to leave shareholders with no return.

ASX to spend $30m on new e-conveyancing firm

The ASX has announced it will spend $30 million over the next three years to set up an electronic property settlement business with tech company InfoTrack that will compete with sole player PEXA.

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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.