A new feature on the Business News web site that tracks the changing wealth of Western Australia’s company directors shows Tony Lennon and Peter Cook are among the winners over the past month while Kerry Stokes and Andrew Forrest have gone down.
Men are earning $26,000 more per year than their female counterparts despite increased efforts from employers to address pay gaps and gender imbalances, according to the latest report by the Workplace Gender Equality Agency.
In this Business News podcast Mark Beyer and Mark Pownall discuss Brownes acquisition and Chinese investment, Richard Goyder, Shell exits Woodside, Stockland’s land purchase spree, domgas deal, waste to energy, and CEO remuneration.
A local power generator majority owned by Rod Jones’s Hoperidge Capital has refinanced its bank debt through a $44 million bond issue which the company believes will give it more flexibility, including the potential to pursue a 100-megawatt solar farm.
Perth company Bombora Wave Power will proceed with construction of its first commercial sized mWave device after securing multi-million dollar backing from international renewable energy consultancy Enzen.
RugbyWA has entered into voluntary administration as Rugby Australia pursues the state’s rugby body for legal costs relating to the removal of the Western Force from the Super Rugby competition earlier this year.
The Australian dollar is a little lower against its US counterpart as risk appetite turns a little more positive thanks to solid earnings and revived optimism over US President Donald Trump's promised tax cuts.
Gold prices are slightly lower, trading in a tight range as the US House of Representatives pass its version of sweeping tax cuts and investors weighed possible changes in fiscal policy against the impact of an expected rise in US interest rates.