Australia's free trade agreement with China is likely to deliver significant benefits to agricultural exporters but the gains will be mainly indirect and apparent over the longer term, a report by Rabobank has concluded.
Andrew and Nicola Forrest's Minderoo Group has recruited finance executive Aaron Hood to take charge of its expanding commercial investment activities.
It's not easy to feel sympathy for Perth's super-rich as they watch their fortunes shrink, but the problems of Gina Rinehart, Andrew Forrest, Kerry Stokes, Angela Bennett and Stan Perron are a powerful pointer to the problems facing everyone in Western Australia.
Andrew Forrest has reiterated his support for Fortescue Metals Group diversifying its operations into other commodities, but said there were no immediate plans to pursue nickel, or oil and gas over its core iron ore business.
Money is moving out of iron ore but where it goes next is the more interesting question, because it seems that some investors are developing a taste for agriculture – a shift that might prove to be a case of leaving the frying pan to land in the fire.
Andrew and Nicola Forrest's Minderoo Foundation is pushing for a Western Australian early learning centre to become the template for a national strategy.
Fortescue Metals Group has extended its partnership with hockey world champions the Kookaburras for another two years, providing support in the build-up to the 2016 Olympic Games in Rio de Janeiro.
The appointment of investment banker Michael Ashforth as manager of the Bennett family's $1.5 billion fortune highlights the maturing of Western Australia's private wealth market.
FEATURE: Biotech and IT companies are enjoying renewed investor interest, but these innovative businesses are facing a changing capital raising market featuring less government support and, in Perth, a drastic shift in the venture capital sector.
Education Minister Peter Collier has embarked on a bold strategy aimed at reallocating his $4.6 billion budget among the state's 700 secondary and primary schools. It is a move fraught with political risk.
The Abbott government has published the long-awaited Forrest Review of Indigenous jobs and training, with wide ranging recommendations including a healthy welfare card.
The iron ore and gold mining industries have served Western Australia well during the past decade, but that does not mean they will do the same job over the next decade, especially if the switch to other minerals evident on world markets gathers pace.
Gina Rinehart has followed fellow iron ore magnate Andrew Forrest's lead and expanded her interests to include cattle farming, reportedly spending $40 million on a half-stake in two cattle stations
Biotech company Admedus has completed an oversubscribed $8 million share placement as it looks to push marketing for its CardioCel regenerative tissue product in Europe and the US.
Andrew Forrest has emerged as a surprise backer of Energy and Minerals Australia, taking a major stake in the Perth-based uranium explorer through a much-needed $12 million investment. EMA has also struck a debt-for-equity swap with its noteholders.
Andrew Forrest's Minderoo Group has emerged as the surprise buyer of the state's largest beef processor, Harvey Beef, quashing speculation that the company would be sold to Chinese interests.
The Western Australian Museum Foundation is in the final stages of establishing governance and investment structures to support what it hopes will be the largest cultural endowment fund in Australia.
Fortescue Metals Group has vowed at the official opening of its final expansion project that it was not the end of its incredible rise to become the world's fourth-largest iron ore producer.
Poseidon Nickel has signalled it no longer plans to pursue a major debt capital raising in the United States, appointing a new chairman to replace US-based Bud Scruggs.
Western Australia has reclaimed its position at centre stage in the money world, not because it is sucking in development capital but more so because it has become a global cash cow.
Aboriginal contractor the Indigenous Construction Resource Group has made the largest pledge by an indigenous company to the Australian Employment Covenant - promising to deliver 150 jobs for indig
The University of Western Australia will receive a $17 million donation from BHP Billiton for its New Century Campaign, with the engineering faculty and busines school to be the main beneficiaries.
Former Perth lawyer Nick Grono will return to Europe to run a new anti-slavery fund backed by his most recent boss, iron ore magnate Andrew Forrest, and other leading philanthropists.
