News Articles for Wesfarmers

Chairman of education provider Navitas, Harvey Collins, has joined the ranks of some of the top business leaders in WA by winning the Australian Institute of Company Directors gold medal award for WA.

Wesfarmers chairman Robert Every has said he will step down from the board after his next term of three years if re-elected at next month's AGM.

Fortescue Metals Group chairman Andrew Forrest has been appointed to the Art Gallery of Western Australia's board.

The state rarely wins in battles with big resources outfits.

Perth engineering firm Clough is targeting small-scale liquefied natural gas (LNG) projects as a new growth area, after signing a ‘teaming' agreement with global company GE Oil & Gas.

Seven Group Holding's performance may be more accurate barometer of the state's finances than treasury calculations.

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.

Against expectations, the nickel sector appears set for a rebound in 2015.

Chalice Gold Mines founder and executive chairman Tim Goyder has taken the role of managing director in a series of board changes that include Bill Bent stepping down from the position today.

Karl Simich and Mark Bennett are justifiably annoyed at having the companies they run added to an investment blacklist; but behind their frustration there is an enormously serious issue for every member of a superannuation fund – and that, in theory, is every working and recently retired Australian.

The big commodities exporter has stolen a march on Australia with a China deal to use giant ships at cheaper rates.

It has been a tough quarter for dealmakers as commodity and share prices slump but some players see promise in the market shake-out. This Special Report includes a fully updated database with 146 deals for the quarter and an updated stockbrokers list.

August saw mixed performance in retail, with turnover up 0.1 per cent on a seasonally adjusted basis, according to the latest monthly report from the Australian Bureau of Statistics.

Wesfarmers says it will raise about $864 million through a bond issue under its Euro Medium Term Note program.

Retail property players say international fashion brands are only the beginning of the global onslaught.

A subsidiary of Wesfarmers, liquefied natural gas supplier EVOL LNG, has won a deal with Saracen Mineral Holdings to supply 7,000 tonnes of the resource per year to its Carosue Dam operations north of Kalgoorlie for an undisclosed amount.

Leading non-executive director Diane Smith-Gander has said a shake-out of the iron ore sector is almost unavoidable, while speaking at today's Business News Success & Leadership Series breakfast.

Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.

Wesfarmers has announced that Colin Carter and Charles Macek will step down as non-executive directors after the company's AGM to be held in Perth on November 20 2014.

Reports of a new direction from Brookfield Multiplex may mean the end for one of Perth construction's longest-running synergies.

WA's listed companies have significant work to do to satisfy new guidelines around sustainability reporting.

Retail investors in Western Australia love their Wesfarmers and Woodside shares. Professional investors are not so sure, and neither is the governor of the Reserve Bank of Australia, Glenn Stevens.

Belmont-based event production and management services provider Corporate Theatre Productions has been sold to Presentation Technology for an undisclosed amount.

From mining to retail and everything in between, it seems bigger is better – particularly when the going gets tough.

Commercial property holder BWP Trust has announced a 22.4 per cent increase in distributable profit to $92.8 million in its full-year results report today.

Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.

The heads of Western Australians universities have publicly warned the proposed legislative changes to higher education could reduce the level of public good universities provide and threaten more expensive fields of study such as medicine and science.

The Palmer United Party is proving that success in business doesn't equal sense in politics.

The high-cost, low-price environment has put the squeeze on iron ore miners.

The Australian Competition and Consumer Commission has raised concerns about the sale of four Western Australian Supa IGA stores to the Wesfarmers-owned Coles.

Today marks 100 years since a collective of farmers registered an entity called The Westralian Farmers Ltd in Perth.

The competition watchdog has raised concerns the proposed sale by Wesfarmers of its east-coast LPG business to competitor Elgas could leave customers vulnerable to price increases.

SPECIAL REPORT: Politicians with the ability to cut through on-message are a valuable commodity, and WA has one of the best.

SPECIAL REPORT: Law firms are having to adapt as more businesses build in-house legal teams and squeeze billing rates.

Property firm Charter Hall Group has added to its portfolio of Bunnings stores with a $127 million acquisition of stores in Western Australia and Queensland.

Increasingly generous staff share issues in the US threaten the rights of existing shareholders.

More than 10,000 heavy vehicles could be running on liquefied natural gas in Australia by 2020, according to global management consultancy firm Accenture, which is working to facilitate the uptake, especially at Western Australian mines.

Managing community relations is proving a major challenge for oil and gas companies, and there's a lot of goodwill to claw back.

Wesfarmers has agreed to sell its insurance broking arm for $1.01 billion, marking an exit from the industry for the company.

Wesfarmers has been given the tick of approval from the Australian Competition and Consumer Commission to divest its insurance underwriting businesses.