News Articles for Wesfarmers

Wesfarmers has reported a strong rise in full-year profit and foreshadowed further operational improvements, though managing director Richard Goyder has conceded the diversified group needs to impr

WHEN WA Business News started its total shareholder return survey nearly a decade ago, the world was just emerging from the dot.com boom.

WA's emerging mining companies delivered spectacular gains last financial year, for the astute investors who picked the right stocks.

Blasting off

A strong theme among Ernst & Young’s western region finalists for the Entrepreneur of the Year is the technology businesses that have developed to service the resources sector.

A high-powered panel puts the case for companies to give more consistently to charity, ensuring there is a bigger pie.

LOCAL industrial giant Wesfarmers' move to commit $45 million to further develop its plans for a massive upgrade of its ammonium nitrate plant at Kwinana further muddies the waters surrounding the future of Western Australia's fast-growing explosives mark

Price fixing is illegal. What about product pegging? If you haven't heard that expression before, get used to it because it is about to revolutionise Australian retailing.

NIGEL and Denise Satterley's art purchases may have started off as an investment but there's no doubt that the couple has evolved into bona fide aficionados.

Wesfarmers has announced it will donate $5 million to the Queensland Premier's Flood Relief Appeal.

Australia's resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.

GETTING value for money is a subjective matter when it comes to assessing executive pay.

HE role of chairman at Australian public companies has traditionally been reserved for experienced industry professionals tired of working in an executive capacity and who are keen to bring an independent viewpoint to the company boardroom.

How would the performance of our political leaders rate if Australia was a business?

Subiaco-based Carbon Conscious has signed a contract with Wesfarmers Insurance to offset the company's 2010 corporate emissions.

Long-serving Wesfarmers non-executive director David White has announced his resignation from the company's board.

The number of women being appointed to ASX 200 boards continues to grow, with the proportion of female directors of Australia's top listed companies now close to 10 per cent, according to the latest figures released by the Australian Institute of Company

The decision to overhaul a company's brand is not without risk, but many WA businesses are reaping the rewards. Russell Quinn & Blake Wilshaw report.

Wesfarmers has entered the super-profits debate, issuing a statement that calls the new mining tax regime inappropriate.

Diversified company Wesfarmers says it will restructure its industrial divisions by merging the chemicals and fertiliser section with energy.

LARGE organisations eager to contribute to the not-for-profit sector often lack the time to adequately research where funds or workplace volunteers can be best directed.

Wesfarmers has moved to a quarterly coal pricing system for the majority of ore produced at its Curragh mine in Queensland after achieving a 70 per cent increase to current prices.

TAPPING the equity market for funds during the March quarter was a more subdued affair compared to the major raisings that took place last year.

Diversified conglomerate Wesfarmers has drawn on overseas debt markets to raise €500 million ($A775 million) to repay existing shorter term borrowings.

Kerry Stokes' move is a little bit Buffett, a little bit Wesfarmers.

Wesfarmers is cautious about the outlook for the second half of 2009/10, after posting a flat first half result, but says the turnaround of its Coles supermarket chain remains on track.

Small changes quietly herald a change of focus at Wesfarmers.

The appointment of leading commercial lawyer Paul Meadows to Wesfarmers executive team has had a ripple affect across the top of the conglomerate, at both board and management level.

IF you were a woman on the board of any of Western Australia's top 100 ASX-listed companies, you'd be in rare company.

Some of Wesfarmers' business divisions may present public relations challenges in the near future.

Wesfarmers has today approved a $286 million expansion of its Curragh coal mine in Queensland after striking an agreement with Stanwell Corporation.

Western Australia's largest private sector employer, Wesfarmers, has launched its inaugural Reconciliation Action Plan (RAP) targeting employment and community engagement with Aboriginal and Torres Strait Islander people.

Wesfarmers has appointed former Premier Alan Carpenter to head up its corporate affairs team, replacing Keith Kessell who had come out of retirement to fill the role on an interim basis following the resignation of Mark Triffitt in late August.

Wesfarmers has raised $500 million via notes with a five-year term which it will use for general funding and to repay shorter term debt.

NO matter which way you cut it, the 2008-09 financial year was a shocker for investors in local companies, with only 110 of the 730 or so Western Australian-listed companies managing a positive return of any sort.

WESFARMERS Energy has recently signed a major two-year sponsorship agreement with the Asthma Foundation of WA.

Wesfarmers has announced changes to its senior management team with Tom O'Leary appointed as managing director of the group's energy division and Tim Bult to look after the business development arm.

Money and power go hand in hand, especially in a global financial crisis.

THERE is an interesting collection of businesspeople who wield influence in government due to their roles as board members of major corporatised agencies.

IN a capital-starved world those businesses that continue to invest stand out more than ever before.