More than 850 megawatts of additional generation capacity for the South West Interconnected System is expected to come online by October 2008, with 3 major private energy projects currently under construction scheduled for completion within the next year.
The iron ore sector has been at the forefront of Western Australia’s resources boom and, while industry heavyweights Rio Tinto and BHP Billiton still dominate, new producers are gradually emerging.
While Western Australia is witnessing a boom in mining and resources projects, several major non-mining projects, with a combined value of almost $2 billion, are also in the pipeline.
The oil and gas sector is set to make an increased contribution to WA's strong economy with eight major expansion projects under way, including the state’s single most expensive development, Woodside Petroleum’s $12 billion Pluto gas project.
Western Australia’s skills shortage has prompted a flurry of activity by government and industry, although the state is struggling to find traction on the issue.
A review of Western Australia’s vocational education and training system, undertaken earlier this year by KPMG has called for a redistribution of the Tafe sector’s infrastructure assets and an injection of further capital to improve services.
The federal government’s Australian Technical Colleges continue to attract criticism over claimed low enrolment levels and insufficient graduate numbers, despite strong support from the business sector.
Growing Alcock Brown-Neaves Group from two building companies to more than a dozen businesses was a matter of identifying opportunities in the market and going after them as they arose, according to the firm’s managing director, Dale Alcock.
Dale Alcock and Garry Brown-Neaves have ruled out listing their successful building empire following a recently completed 20-year business plan that is designed to steer the group smoothly through their eventual retirements.
Uranium stocks Summit Resources Ltd, Deep Yellow Ltd and Paladin Resources Ltd delivered top returns for shareholders over the three years to June 2007.
The appointment of a new board and executive team in June 2006 heralded a revival in the fortunes of Western Metals Ltd, which has been ranked as the best performing Western Australian stock last financial year.
Kimberley Diamond Company Ltd was a consistent poor performer in terms of shareholder returns, and it fell last month to a friendly takeover bid by UK company Gem Diamonds Ltd.
The spectacular rise in Fortescue Metals Group’s share price since chief executive Andrew Forrest took the reins has made the iron ore developer the top performing Western Australian stock over the past five years.
Engineering and construction company Monadelphous Group Ltd was one of the top performers in the total shareholder return survey, outperforming every other mature business in Western Australia.
Engagement, layering, connectivity. Apart from the obvious focus on some very big and very real projects, there was a subtext of language around the WA Business News boardroom.
Imagine changing the name of Kings Park to Kaarta gar-up, or river cruises that follow the route of the Aboriginal dreamtime’s rainbow serpent, the Wagyl.
Belated as it may be, the development of the Swan River foreshore to the south west of the CBD has actually taken its first serious step forward in a couple of decades.
Incoming Peet chief executive and former mining executive, Brendan Gore, has largely missed out on most of the boom times in the sector where he spent the first 14 years of his career.
Its days of pioneering land sales in Western Australia on terms of a one-pound deposit and interest-free repayments of 10 shilling per month may be long gone, but property stalwart Peet Ltd has not lost any of its entrepreneurial spirit.
Next week, Peet Ltd CEO Warwick Hemsley hands over the reigns to Brendan Gore. WA Business News caught up with Mr Hemsley to discuss his 22 years with Peet and its transition from a private WA company to a major national player.
