Mark Pownall and Mark Beyer discuss the death of Queen Elizabeth II, interest rates, Denis Cullity, Perth CBD sales, EY, windfarms, coastal developments and Rocky Bay.
A new study has highlighted the lack of progress in closing the ‘indigenous employment gap' in Australia and the near complete absence of indigenous people from senior management.
World Games 2027 Bid Committee chair Tanya Brown says the flow-on effect on businesses from hosting the sporting event in Perth would be “astronomical”.
Insourcing road maintenance contracts could cost taxpayers more and reduce road quality, industry has warned, while regional housing and competition for workers are concerns.
Creditors of Pindan and its contracting arm have accepted a $14.3 million deal from its parent company, despite more than 220 getting an average return of less than 0.56 per cent.
UPDATED: Administrators have recommended Pindan Group's creditors accept Oxley's $14.3 million payment offer, but that claimants from its contracting arm reject the move.
Pindan's Singaporean owner has upped its deed of company arrangement proposal to $14.3 million, lodging the third and final offer ahead of the creditors meeting next week.
Economic activity in WA could be $35 billion higher in 2027, with 9,700 more jobs, if a series of oil and gas projects enter construction, EY has projected.
An eleventh hour move by Pindan's Singaporean owner to almost double its DOCA proposal to $12.3 million will lead to an adjournment of a planned creditors' meeting tomorrow.
WA's cycling industry poured $651 million of value to the nation's economy and $1.27 billion in economic output during 2020 as demand for bicycles surges, a landmark report has revealed.
Pindan Group's offshore owner has provided a $17 million loan to pay out its secured creditor as it works on a restructuring for other creditors owed $75 million.
The administrators of embattled construction company Pindan have been granted another extension, while flagging a potential claim against the company's directors for insolvent trading.
Universities face a period of transformation in the decade ahead, with the likelihood of greater industry engagement and an exploration of disruptive business models.
The state government has confirmed its $35 million per year social housing maintenance contract will continue following the approved sale of Pindan Group's asset management arm.
Perth-based mining technology company Kinetic Logging Services has been sold for a bumper price of more than $150 million, with local investor Viburnum a big winner.
The Supreme Court has granted the administrators of Pindan an extension of the convening period to facilitate the sale of the company's asset management arm.
Australian maintenance services provider Programmed has taken over the operation of Pindan Group's asset management arm today, a move expected to preserve more than 100 jobs.
Creditors have given administrators the green light to delve into the affairs of embattled construction giant Pindan Group, with an investigation of whether there was any insolvent trading.
The state government is expected to introduce a new bill to improve security of payment across the state's construction industry today, one week after the collapse of construction giant Pindan.
The state government has today released funding to facilitate the operation of the asset management arm of Pindan Group, with interest from parties hoping to restructure the business.
The Pindan group paid EY $120,000 to conduct a review of its business in 2019 and again engaged the firm's insolvency experts to provide restructuring assistance in May last year.
The state government has defended its decision to award construction tenders to Pindan, revealing the company passed all financial due diligence checks just six months ago.
Hundreds of affected businesses will gather next Friday for Pindan's first creditors meeting since the construction giant's collapse, as administrators attempt to keep staff in work.
Pindan's Singaporean owner wrote a letter to the group last year confirming it would support all Pindan companies to remain solvent until at least October 2021.
The state government is in the process of investigating the fallout from the collapse of construction giant Pindan Group after three group companies were placed in administration.
The directors of Pindan Group have told staff the company had little choice but to appoint external administrators amid revelations of more than $48 million in losses.
Pindan Group's assets could soon be on the market as administrators EY trawl through the remnants of the construction group, with 500 subcontractors expected to be affected.
