Mark Beyer

Fortescue Metals Group has achieved an extraordinary jump in net profit to $US940 million in the month of December, highlighting the impact of sky-high iron ore prices.

A small Perth company with backers in Dubai has announced ambitious plans for a $4.1 billion project to convert gas from the Canning Basin into fertiliser and petrochemicals.

For the second year running, Macquarie Capital and Canaccord Genuity have topped Business News' league table for capital raisings.

Several Perth companies executed value-creating mergers and acquisitions last year, none more so than Pilbara Minerals.

While Perth's CBD hotels are struggling, many accommodation providers around WA are faring well, if they can find enough staff.

China's iron ore imports hit a record volume last year, helping to explain the surprising strength in the commodity's price and underpinning higher profits for the big miners.

In their weekly podcast Mark Pownall and Mark Beyer discuss Andrew Forrest and Minderoo, Strike Energy, Hilton reopening, Kwinana evolves, deals and dealmakers for 2020, the challenging world of aged care, and Perth's biggest house sales.

After three failed attempts to develop a new resort on Rottnest Island, most hoteliers would give up but not John Spence.

In this week's podcast, Mark Beyer and Matt Mckenzie discuss US politics and the impact on markets, tough new COVID restrictions, the residential property recovery, WA gas projects, and commercial property developments.

Shares in Pilbara Minerals continued their strong rally today as the company announced record quarterly shipments and highlighted the lift in global lithium prices.

The state government has disclosed that nearly all gas from the onshore Waitsia project will be exported, at least for the initial six years of production.

Strike Energy shares bounced back from early selling today after investors absorbed an update that detailed short-term drilling delays but longer-term positives for its Perth Basin gas project.

The rising fortunes of biotech company PYC Therapeutics have bolstered the wealth of its major shareholders, most notably chairman Alan Tribe.

The updated WA ‘rich list' shows the state's iron ore magnates are moving far ahead of people who made their money in other industries.

Veteran mining entrepreneur Tim Goyder has emerged as one of Western Australia's wealthiest company directors, after the spectacular success of Chalice Mining this year.

With the financial planning sector going through a historic shake-up, Business News looks at how four Perth groups are positioning themselves.

The state government has foreshadowed a big investment in a single radio network for emergency services agencies while also awarding local firm Omnitronics an upgrade contract.

In their weekly podcast Mark Pownall and Mark Beyer discuss IGO lithium play, Coleman to retire, Cottesloe apartments, financial planning, Zak Kirkup, the WA rich list, and our special report on family businesses.

The Australian government will become a shareholder in mining and infrastructure projects across northern Australia after widening the mandate of a $5 billion investment fund.

A scathing parliamentary report into Rio Tinto's destruction of the Juukan Gorge caves has found responsibility lay across industry and government, but its recommendations have not all been accepted by the mining lobby. or the WA government.

Nickel miner IGO has announced a transformational deal to buy 49 per cent of Tianqi Lithium, giving it a minority stake in both the Greenbushes lithium mine and the Kwinana lithium refinery.

Woodside Petroleum has announced Peter Coleman will retire as chief executive before the end of next year, with three internal candidates likely to be in contention for the role.

A new investment consultancy has kicked off in Perth with heavyweight backing, with Wyllie Group and other clients giving it more than $1 billion in funds under advice.

Accounting firm BDO has established a joint venture with Integro Private Wealth to offer financial planning and private wealth services, targeting medical professionals and business owners.

In their weekly podcast Mark Pownall and Mark Beyer discuss iron ore prices, Rise awards, Inpex, WeWork, Dean Nalder, and residential property strength.

Western Australia's population is set to grow by just 0.4 per cent in the current financial year, with COVID-19 reducing projected growth by 100,000 over the coming decade.

Woodside Petroleum has declared it wants to engage more with the local startup community and plans to invest in promising new technologies.

The overall winner of the RISE business awards has gone from a two-man startup in 1998 to a fast-growing energy company with nearly 300 staff.

The statutory pay reported by listed companies tells only part of the story. Some companies also report ‘actual' pay.

Business News's in-depth remuneration survey shines a light on the state's high-income earners.

The state government has committed $160,000 in funding to advocacy group StartupWA, which plans to host a series of summits to help build the state's start-up and technology sector.

Pilbara Minerals has moved closer to gaining control of Altura Mining's key asset after striking a $US175 million agreement with the lithium miner's receivers and managers.