News Articles for Andrew Forrest

Billionaire mining magnate Andrew Forrest has issued a blunt warning to the Australian Rugby Union - if you want to cut the Western Force, you are going to have to defeat him first.

A new certification process will help WA beekeepers capture a larger share of the global honey market.

Former Wesfarmers boss Trevor Eastwood has stayed out of the limelight since exiting Perth's corporate scene, but has broken his silence to publicise his largest-ever philanthropic donation.

About 18,000 local businesses and key leaders have backed the Chamber of Commerce and Industry of WA's GST reform submissions, which were put forward to the Productivity Commission today.

Business News sat down to lunch at Julio's with mining director Bronwyn Barnes.

Chief scientist Peter Klinken, oil and gas veteran David Agostini and public sector commissioner Mal Wauchope are among the 36 Western Australians to join the alumni of recipients of the Queen's birthday honours.

An improved iron ore price delivered huge boosts for mining magnates Gina Rinehart and Andrew Forrest, who were two of the three Western Australians to feature in the top 10 on the nation's best known rich list.

Mining magnate Andrew Forrest and his wife, Nicola Forrest, have made history today with a $400 million pledge the prime minister has called a ‘game changer'.

OPINION: Iron ore miners Andrew Forrest and Gina Rinehart, Western Australia's two richest people, are taking a different approach to growing their other major business interest – beef production.

OPINION: Despite a spike in iron ore prices, it will be the bigger, low-cost producers that rule the roost in the near to medium term.

SPECIAL REPORT: A small group of ministers and backroom advisers close to Mark McGowan will set the agenda for the new state government.

Employment provider Programmed hopes to increase the number of indigenous employees in the national workforce by 5,000 within a decade, the company said at an announcement with Prime Minister Malcolm Turnbull and Generation One founder Andrew Forrest in Canberra today.

The West Australian Opera has today announced Nicola and Andrew Forrest's Minderoo Foundation has joined its 50th anniversary celebrations as a major partner, contributing $75,000.

A period of strong cattle prices has boosted Western Australia's largest pastoral companies, with the state's four biggest cattle-focused plays increasing revenue about 9 per cent to $1 billion in their most recent annual reports.

SPECIAL REPORT: The 2016 Business News person of the year talks about his upbringing, influences, company culture, cost cutting and innovation.

Fortescue Metals Group has recognised the family of chairman Andrew Forrest by naming four new very large ore carrier (VLOC) vessels after his wife and children.

SPECIAL REPORT: When Fortescue Metals Group chairman Andrew Forrest received his most recent dividend cheque from the company, it brought the total paid out to entities he controls during the past five years to nearly $600 million.

SPECIAL REPORT: Some of WA's top company directors have achieved extraordinary gains in their wealth over the past year, and while most held onto their shares, a group of 11 reaped more than $180 million from share sales.

Business News sat down to lunch at Julio's with the CEO of local uranium developer Vimy Resources.

The performance of five of WA's major resources players provides a useful guide to the overall direction of the state economy.

Fortescue Metals Group chair Andrew Forrest has taken a shot at his iron ore mining competitors for mining “the easy stuff” and not working to bring subeconomic ores up to a mineable level, speaking at the company's annual general meeting today.

Construction has started on the University of Western Australia's Forrest Hall, a $16 million accommodation facility designed to attract the world's best researchers to the state.

The founder and chairman of Fortescue Metals Group has reaffirmed his commitment to the iron ore industry by increasing his stake in the business, buying $6.9 million worth of shares in an on-market trade.

Mining entrepreneur Andrew Forrest has made a move into onshore oil and gas, with Squadron Resources, a subsidiary of his Minderoo Group, to explore and develop the Canning Basin in an 80:20 venture with privately owned Goshawk Energy.

Investment in South-East Asia's grain supply chain will be one way for Western Australian growers to avoid losing market share amid growing demand for wheat in the region, according to the head of

ANALYSIS: Andrew Forrest and Gina Rinehart, who are leading the herd into cattle farming, face a tough market for meat exports.

Fortescue Metals Group has started the search for a new chief financial officer after Stephen Pearce handed in his resignation to pursue an international role, on the same day the iron ore giant announced the appointment of a new director of operations.

Andrew and Nicola Forrest's company Forrest & Forrest has lodged an appeal against the Supreme Court's decision to allow Tony Sage-led Cauldron Energy to explore for uranium at Minderoo Station.

SPECIAL REPORT: The dramatic rise and fall of iron ore producers and the recent surge in gold and lithium stocks have been highlighted by a historic review of WA's major listed companies.

Andrew Forrest has lost his battle to stop Yarri Mining from being granted mining tenements on land near the mining magnate's Minderoo cattle station in the Pilbara.

EY has named 13 West Australian finalists in its annual Entrepreneur of the Year awards while also announcing Adrian Fini as its latest Champion of Entrepreneurship.

Stephen Pearce has been appointed to the board of Fortescue Metals Group, but will retain his current role as chief financial officer of the iron ore giant.

In the first of a series of interviews with top WA business leaders, Business News met with inaugural 40under40 First Amongst Equals winner and Macquarie Group chairman (WA) Mark Barnaba. Far from the boardroom, in the relaxed setting of Julio's restaurant in West Perth, Mr Barnaba spoke of his education, mentors, leadership style, culture, diversity, and social media.

ANALYSIS: WA's resources-focused business community is eagerly awaiting the next round of figures for iron ore production costs.

There were 23 Western Australians featured in this year's BRW Rich 200 List, with two new entrants and two others failing to make the cut.

SPECIAL REPORT: Wealthy Western Australians have made some eye-popping philanthropic pledges over the years but none as large as one of Gina Rinehart's recent moves.

A new global ranking says Sydney is the top city in Australasia for the ultra-wealthy, but despite being home to Australia's richest woman, Perth failed to rate a mention.

Fortescue Metals Group's development director has resigned to take up an international full-time role with the Mormon church.

SPECIAL REPORT: There has been a major shift in business influence in WA amid waning international investment and, with two elections on the way, there is a prospect of even bigger changes in political influence. Click through to see our listing of WA's most infliential leaders in politics and business.

The consumer watchdog has sought further information from miner Fortescue Metals Group on its proposed tie-up with Brazilian iron ore giant Vale.