In this podcast: Mark Beyer and Mark Pownall discuss FMG; Austal; IR reforms; office occupancy; Burswood Park; apartment dramas; Scyne Advisory; CEO salaries and WA's biggest employers.
A heads of agreement anointing Henderson-based Austal as the nation's strategic shipbuilder of choice in WA will guarantee the industry's local future, according to the federal government.
Henderson shipbuilder Austal, construction and engineering company Civmec and Spain's Navantia Australia have joined forces in a bid to deliver six warships for the Royal Australian Navy.
Shipbuilder Austal will book a $13.8 million loss for the year, as had been foreshadowed, and start a global hunt to find a new president for its US operations to replace Rusty Murdaugh.
Our weekly appointments wrap includes Anni Browning, Annie Fogarty, Andrew Ross, Linda Wayman, Ian Horne, Georgina Richter, Steve Chapman, Diana Kubicki, Drew Mayhills, Jo Thomas and Jonathan Phillips.
Shares in Austal sink as it unveils what chief executive Paddy Gregg says is a “clearly disappointing” financial result stemming from the shipbuilder's US operations.
Austal says it is regularly involved in discussions with potential suitors in response to reports several US investment funds had approached the Henderson-based shipbuilder.
Shares in the Perth shipbuilder have rocketed on the back of a new contract win that could see the group's overseas division build up to seven surveillance ships for the United States Navy.
US regulators have charged three Austal USA executives for their roles in an alleged fraudulent accounting scheme, six months after the shipbuilder settled with ASIC over similar breaches.
Perth-based shipbuilder Austal has recorded a $7.3 million loss for the first half of 2023 and forecasts an even bigger blow for the full financial year.
Senior journalist Matt Mckenzie discusses his recent analysis of the state's infrastructure pipeline and explains the opportunity cost that comes with prioritising projects.
Our board moves wrap includes Krista Bates, Lee Goddard, Eric Streitberg, Kelly Moore, Michelle Kennedy, Catherine Anderson, Scott Mathewson, Alan Rule, Michael Fry, Susan Park, and Evan Hayes.
More than a year after Australia committed to buying nuclear-powered submarines, industry is no closer to knowing how it will be involved in the project.
Perth company Austal has accepted it breached its continuous disclosure obligations and agreed to pay a financial penalty as part of a settlement with the Australian Securities and Investments Commission.
Jobs for Austal's US division are continuing to roll in with the Henderson-based defence contractor picking up $225 million worth of work with the US Navy.
Austal's share price has hit a 10-month high with the Henderson-based shipbuilder announcing it could be in line for $4.35 billion of work with the US government.
Andrew Forrest has made a move into Western Australia's shipbuilding sector, acquiring an 8.1 per cent interest in Austal via his investment entity Tattarang.
Henderson-based shipbuilder Austal has reported an “expected” decrease in revenue to $722 million for the first half of FY22 but achieved record earnings.
A new defence pact with the US and UK will create opportunities for businesses in training, technology, and subsea industry, Austal chief executive Paddy Gregg says.
Austal's US subsidiary has been contracted for $2.8 million to deliver initial design studies for the United States Navy's Next Generation Logistics Ship program.
