News Articles for Australian Capital Equity

A Kerry Stokes' owned company has purchased a four-storey office building on Kings Park Road for $12.5 million.

Neville Owen's ties to Kerry Stokes have created more complications for the Crown casino inquiry after Business News unearthed details of a joint venture with Tim Roberts.

Self-made billionaire Kerry Stokes is retiring from the board of ASX-listed Seven Group Holdings, but the 80 year old will retain a well-paid consultancy role.

The conjecture surrounding royal commissioner Neville Owen became murkier today when the Premier repeatedly obfuscated after being asked to clarify his own role in the appointment.

ANALYSIS: The relationship between commissioner Neville Owen and Kerry Stokes has unexpectedly become the big news to emerge from the Perth Casino Royal Commission.

Royal commissioner Neville Owen has sought to quash any concerns about conflicts of interest by acknowledging he is a director of a key company in Kerry Stokes' business empire.

With property groups increasingly understanding the potential of heritage assets, Business News explores some of the state's prominent heritage redevelopments and those in the pipeline.

Telethon 2020 raised a record $46.3m for the Channel 7 Telethon Trust over the weekend, with 14 donors contributing the lion's share of the money.

Major commercial construction jobs have been derailed by the novel coronavirus crisis, with neither the public nor the private sector stepping up to provide certainty for contractors.

Billionaires Andrew Forrest and Kerry Stokes will combine their resources and expertise to redevelop the historic East Perth Power Station, after the state government unveiled Minderoo Group and Australian Capital Equity as its preferred redevelopment partners.

A developer will be appointed to revitalise the East Perth Power Station early next year, after the state government asked its shortlist of proponents to submit detailed plans for the riverside precinct.

The Channel 7 Telethon Trust achieved another fundraising record over the weekend, raising $38 million for medical research, but its success has not been shared across the charity sector, with Variety WA's Carols by Candlelight the latest of several events to be cancelled due to a lack of financial support.

Kerry Stokes looks set to accept a takeover offer for one of his agribusiness investments after private equity groups launched a friendly takeover bid for Australia's biggest honey producer, ASX-listed Capilano Honey.

Lee Rodne has resigned as managing director and chief executive officer of Admedus, effective 30 June 2016. Mr Rodne has been a part of the company since the past 10 years.

Morgan Ball will be stepping down as the managing director of BC Iron.

Kerry Stokes has sold Malaga-based Landfill Gas and Power to a subsidiary of DUET Group for an undisclosed sum.

An industry consortium led by members of the Chamber of Fruit and Vegetable Industries in WA has been selected as the preferred bidder for Market City, putting the state government a step closer to its first major asset sale.

Approval has been granted for the first in a series of state government asset sales, with legislation to sell Market City passing parliament after a debate that went until almost dawn.

Kerry Stokes' private company and three property investors are among five bidders shortlisted for the privatisation of Perth's major fruit and vegetable market, which includes the largest land development site in Canning Vale.

Kerry Stokes is one of Australia's wealthiest and most private business leaders, but that has changed with the release of two biographies in two years. However conspicuous gaps in what we know about his deals and erstwhile partners remain.

Business leader Kerry Stokes says the Western Australian economy is heading for its toughest period in two decades, but expects the state will resume healthy growth within a couple of years.

Iron Ore Holdings confirmed today that its second-largest shareholder 3rd Wave Investors, Brettney and Annie Fogarty's investment vehicle, has accepted BC Iron's $256 million takeover bid for IOH.

BC Iron is one step closer to completing its $256 million takeover bid for the Kerry Stokes-backed Iron Ore Holdings, after major shareholder Australian Capital Equity yesterday accepted the offer.

BC Iron has launched a $256 million takeover bid for Kerry Stokes-backed iron ore play, Iron Ore Holdings.

The record $16.8 million donated this year to Telethon's annual fundraising weekend – the charity's most successful event to date – will mean more money in the pockets of the chosen beneficiaries,

The success of West Perth as a natural resources hub is all about its ability to adapt.

WHEN Celebrate WA announced Western Australia's Citizen of Year awards for 2009 two weekends ago the presence of the University of Western Australia would not have escaped the attention of many.

John Langoulant's role as the public face of Western Australian business for nearly four years is set to change in the new year when he takes on the role as chief executive at Kerry Stokes' very private Australian Capital Equity Pty Ltd.

Chamber of Commerce and Industry Western Australia boss John Langoulant has resigned from the peak business and employer group to take up the role of chief executive with Kerry Stokes' private company, Australian Capital Equity Pty Ltd.