Gina Rinehart's $200 million commitment to house struggling veterans is close to the biggest single gesture of generosity ever made by a Western Australian, pipped only by one other (see the full list).
The collective wealth of the top 100 richest people in Western Australia amounts to $160 billion – with 19 billionaires – Business News' Rich 100 publication reveals.
A Curtin University-run program to promote entrepreneurship in schools, funded by Timezone founder Malcolm Steinberg, has launched with Department of Education backing.
Malcolm Steinberg's Malka Foundation has committed $5 million to boost Curtin University's planned $25 million program to develop entrepreneurial and innovation education over the next five years.
Purpose Ventures, a new fund to invest in Western Australian startups, has raised at least $37 million, including a $10 million foundation investment from a major local entrepreneur.
A new business backed by Quadrant Private Equity and the Perth-based family of Timezone founder Malcolm Steinberg has completed the purchase of Ardent Leisure Group's bowling and entertainment division.
Northbridge-based Leisure and Allied Industries continues to expand its operations in Asia, having recently secured one of India's largest retail department store chains as a partner.
