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.
The state government has shortlisted three consortiums to build and maintain 246 new railcars during the next decade, while choosing Bellevue as the preferred site for the associated manufacturing facility.
RCR Tomlinson has revealed the details of a $57 million write-down at one of its solar projects, with the contractor today announcing a $16.1 million loss for the 2018 financial year and a $100 million capital raising to help cover the cost overruns.
Local gold producers Saracen Mineral Holdings and Silver Lake Resources have announced solid growth in profits for the 2018 financial year, while Western Australia-focused St Barbara also registered a positive result.
The market has welcomed a strong annual profit report and positive outlook for Monadelphous, even though the engineering contractor has warned its construction revenue will fall after a big surge in work on the Ichthys LNG project in Darwin last financial year.
Mining equipment company Imdex has attributed a big jump in revenue for the 2018 financial year to improved market conditions in the resources sector and growing interest in the company’s technology offerings.
The Corruption and Crime Commission has released its second damning report in less than a week, calling for criminal charges against a former Horizon Power IT manager, his business partner and his accountant.
New land sales in Perth have increased for the third straight quarter, according to new data out today, with the Urban Development Institute of Australia WA saying the results reflect rising confidence in the local market.
Perth-based lenders Fair Go Finance and Capfin Money have announced plans to merge in a deal under which Frankfurt-listed MyBucks will sell a 60 per cent stake in the new entity to its former chief executive Tim Nuy.
Ausdrill has announced its first major acquisition since the retirement of founder Ron Sayers last month, with the company set to purchase mining services contractor Barminco in a cash and scrip deal worth $271.5 million, while also announcing a $250 million capital raising.