Mark Beyer

Engineering and construction contractor Civmec, which plans to list on the Australian Securities Exchange, has reported a quarterly net profit of $S3.7 million ($A3.5 million) and modest growth in its order book.

The Australian share market is at its highest level in almost 10 years, with the benchmark S&P/ASX200 index closing 1 per cent higher today and the Western Australia-focused BN30 index jumping 1.8 per cent to a new high.

Jemma Green notched up two big achievements last month. Her company, Power Ledger, raised $34 million in Australia’s first ever ‘initial coin offering’, and she was elected deputy lord mayor of the City of Perth.

West Perth-based Phoenix Academy is using this month’s state government trade mission to China to officially open a joint venture college it has established in Shanghai.

In this Business News podcast Mark Beyer and Mark Pownall discuss business failures, Hancock's $1 billion profit, UWA's $450 million deal, Pilbara mine camp merger, taxi levy, and commercial constr

Global facilities management giant Sodexo, which counts Rio Tinto’s iron ore business among its major clients, is buying Australian competitor Morris Corporation, the manager of Fortescue Metals Group’s three major camps.

Long-running negotiations between CPB Contractors and the state government have resulted in the CIMIC Group subsidiary signing a $47.9 million contract for the New Lord St project at Ellenbrook.

Perth’s hotel construction boom shows no sign of letting up, with Jaxon set to commence work this month on a 27-storey Mantra hotel that will be a stone’s throw from three recently completed hospitality projects at the western end of the city.

The independent directors of Finders Resources have questioned some of the claims and assumptions used by Indonesian group Eastern Field Developments, which has announced a takeover offer for the West Perth company.

Indigenous contracting group Eastern Guruma, which has contracts or joint ventures with the likes of Rio Tinto, Fortescue Metals Group, NRW Holdings and Carnegie Clean Energy, has been placed into administration.

WA company SilverYachts, which is one of three major boat builders at Henderson, is planning to establish international operations after a Chinese aluminium manufacturer bought a majority stake.

SPECIAL REPORT: Privately owned ICT firm Zetta Group has mapped out multiple growth paths, including Asian franchises and larger acquisitions.

SPECIAL REPORT: Rapid advances in cloud computing and data analytics are creating business opportunities.

Pie producer Mrs Mac's has joined Gage Roads Brewing Company as WA-based suppliers to Perth Stadium, as the state government finalised a deal with the AFL but remained silent on speculation on the naming rights.

A cooperative research centre focused on minerals extraction has teamed up with mining industry groups and training providers to announce plans for an innovation hub based in Kalgoorlie.

In this Business News podcast Mark Beyer and Mark Pownall discuss housing affordability, privatisation and infrastructure, mining projects, distilleries, Black Monday anniversary and our special report on ICT looking at cloud computing, big data and internet of things.

John Poulsen, who has been a prominent fixture in Perth’s legal scene for many years, is planning to retire from his current role and seek chief executive opportunities.

The volume of freight through Fremantle Ports has remained static for the third year running, raising further questions about when the proposed outer harbour development at Cockburn Sound will be needed.

The state government has been encouraged to follow the lead of NSW and South Australia and privatise its land registry agency, Landgate, which posted a net profit of $20.1 million last financial year.

In this Business News podcast Mark Beyer, Mark Pownall and Matt Mckenzie discuss Rod Jones, Feral Brewing, state finances, Tronox and WA exporters.

US company Tronox has gained state government backing for the development of two mineral sands mines north of Perth, to support its value-added manufacturing operations at Kwinana.

Outgoing Synergy chairman Lyndon Rowe said today he was disappointed he could not continue at the energy utility after the state government announced oil and gas executive Rob Cole would take the role.

QBE Insurance Group has recorded one win and one loss this month as it battles in the Supreme Court for the financial scraps left after the collapse of Perth companies Capital Works Constructions and Diploma Group.

SPECIAL REPORT: Three Perth tech companies servicing the education sector have completed major capital raisings, and all for exactly the same amount, but each chose a very different path.

SPECIAL REPORT: Western Australian businesses participated in nearly 200 corporate finance transactions in the September quarter collectively worth $4.8 billion, research by Business News has found.

Carnegie Clean Energy has secured $16 million of state government funding for a wave energy project at Albany while also gaining conditional approval from the federal government to transfer nearly $12 million earmarked for its Garden Island project to Albany.

Acquisition deals involving Perth companies Programmed Maintenance Services, ASG Group and DVG Automotive Group show a growing Japanese presence in the market.

In this Business News podcast Mark Beyer and Mark Pownall discuss property and construction, wave power, gold tax, WA's big dealmakers, and the latest Perth deal trends - edtech and Japanese investment.

Ten gold sector leaders spoke in unison today about the damage they believe will flow from the state government’s hike in royalties, and also made clear they are targeting the Liberal Party to block the change.

Chinese company Tianqi Lithium and its head contractor MSP Engineering are on track to achieve 80 per cent Western Australian content on two big construction projects worth more than $700 million.

In this Business News podcast Mark Beyer, Matt Mckenzie and Katie McDonald discuss the GST debate, Kerry Stokes and gas sector deals, WA's resource sector outlook, local content on big projects, population growth and residential builders.

Perth software company Moodle, which has quietly grown to have more than 100 million registered users around the world, has accepted its first outside investment after rejecting multiple approaches from venture capital funds.