Perth commentator Tim Treadgold is one of the state's highest-profile business journalists. He brings decades of experience to Business News, offering readers sharp and insightful analysis of current events and breaking news.
High debt levels and rising interest rates are an unpleasant combination, but everyone with an interest in the retail, property and share markets would be wise to see that one factor has arrived and the other one is on its way, potentially producing a pincer-squeeze on spending and growth.
Never has the KISS management principle (keep it simple, stupid) been better demonstrated than in the dreadful condition of Western Australia’s mineral processing sector, where crisis is piling on crisis.
Wars produce winners as well as losers, and while Russia’s invasion of Ukraine is not classified as a hot war, yet, there are signs emerging that one of the winners will be a long way from the action – Australia.
It's not often that 6,000 investors are in total agreement, but in the case of the collapsed Forge Group there’s no doubt that all of the company’s shareholders will recognise that the failure had one cause – management incompetence.
After five years in the financial sin bin there is a flicker of hope on the horizon for Western Australia’s magnetite iron ore processing industry, with Gindalbie Metals and Sino Iron in line for a revenue boost emanating from an unlikely source – China’s polluted environment.
If nothing else, Bill Beament has just cemented for himself a place in Australian business history by placing one of the biggest bets ever on the future price of gold – and possibly on the future value of the Australian dollar.
It is said that in space no-one can hear you scream. Amusingly, in a dark sort of way, the same can be said of the stock exchange during a crash because it’s unlikely that anyone heard a peep from the 54 (yes, 54) companies that disappeared from the Australian market over the past six months.
Is the world about to become a better place? That’s not a philosophical question, it’s simply an observation that economic conditions might be better than we realise, as shown by recent developments in China, the US and the UK.
It has been so long coming, and there have been so many false starts, that most people have missed what looks like the long-awaited fall in the value of the Australian dollar to less than US90 cents, and perhaps below US80 cents.
The second-hand car business was revolutionised 20 years ago with the arrival of the internet, but there is a second revolution under way that promises to be even more disruptive and could have a significant effect on some of Western Australia’s best-known car yards.