FOREIGN FURNACES: Most of the locomotives on display the Railway Museum at Bassendean were built in the UK.

No merit in McGowan’s mandated Metronet build

A state industry plan has some positives but don’t look to the past for jobs policy.


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Spot on!

A typical response from a Pollie there Jan - obviously lacking in substance too. Where is the much lauded new rolling stock that crash test dummy Buswell promised 4 years ago?? that never materialsed. Mainly due to the fact that the infrastructure for Perth trains is so outdated that it can't handle the new trains and the transformers blow the network. The liberals and the prior labor government have failed the people of WA and squandered the proverbial golden goose. Successive budget surplus from 2005 through to 2011, in the billions of Dollars - Where has the money gone?? With over 10% of the states populace losing their jobs in the last 2.5 years something needs to be done. In these circumstances, inward investment is the best option to promote growth and diversification from breaking up red rocks and then paying a premium for goods being returned.

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Austal (ASB)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
125thSeven Group Holdings92%16%
275thRCR Tomlinson31%16%
451stSeven West Media-3%-17%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$4.6m Bought
$333k Sold
$7.2m Sold
Total value as at the date of the transaction
Source: Morningstar


3rd-Seven Group Holdings$2,340.3m
4th-Seven West Media$1,679.0m
6th↑RCR Tomlinson$1,294.6m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Austal

40thDavid Singleton$563k
217thGreg Jason$530k
543rdJohn Rothwell$250k
Ranked by total remuneration from all listed WA companies

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