News Articles for Andrew Forrest

Education Minister Peter Collier has embarked on a bold strategy aimed at reallocating his $4.6 billion budget among the state's 700 secondary and primary schools. It is a move fraught with political risk.

The Abbott government has published the long-awaited Forrest Review of Indigenous jobs and training, with wide ranging recommendations including a healthy welfare card.

The Art Gallery of Western Australia is bursting at the seams, but determining the best funding model for any future growth is a work in progress.

The iron ore and gold mining industries have served Western Australia well during the past decade, but that does not mean they will do the same job over the next decade, especially if the switch to other minerals evident on world markets gathers pace.

The Palmer United Party is proving that success in business doesn't equal sense in politics.

The move by Gina Rinehart and Andrew Forrest into beef production may ultimately be more about the land they own than ‘feeding China'.

Recent investment in school theatre facilities is having a mutually beneficial effect.

Gina Rinehart has followed fellow iron ore magnate Andrew Forrest's lead and expanded her interests to include cattle farming, reportedly spending $40 million on a half-stake in two cattle stations

Andrew Forrest has purchased 1.75 million shares in iron ore giant Fortescue Metals Group for about $7 million.

Are calls for change self-serving or do they highlight a collective opportunity?

SPECIAL REPORT: Global economic forces, a national election and state political exits have shaped the 2014 Most Influential list.

Biotech company Admedus has completed an oversubscribed $8 million share placement as it looks to push marketing for its CardioCel regenerative tissue product in Europe and the US.

Andrew Forrest has emerged as a surprise backer of Energy and Minerals Australia, taking a major stake in the Perth-based uranium explorer through a much-needed $12 million investment. EMA has also struck a debt-for-equity swap with its noteholders.

Andrew Forrest's Minderoo Group has emerged as the surprise buyer of the state's largest beef processor, Harvey Beef, quashing speculation that the company would be sold to Chinese interests.

The Western Australian Museum Foundation is in the final stages of establishing governance and investment structures to support what it hopes will be the largest cultural endowment fund in Australia.

Fortescue Metals Group has vowed at the official opening of its final expansion project that it was not the end of its incredible rise to become the world's fourth-largest iron ore producer.

Rather than a disaster, Troy Buswell's political exit ought to be an opportunity.

Poseidon Nickel has signalled it no longer plans to pursue a major debt capital raising in the United States, appointing a new chairman to replace US-based Bud Scruggs.

Western Australia has reclaimed its position at centre stage in the money world, not because it is sucking in development capital but more so because it has become a global cash cow.

The cost of doing business in Australia means the country has become an investment no-go zone for international companies.

Aboriginal contractor the Indigenous Construction Resource Group has made the largest pledge by an indigenous company to the Australian Employment Covenant - promising to deliver 150 jobs for indig

FEATURE: Gina Rinehart's ability to maintain momentum at the Roy Hill project put the mining magnate at the top of our people of the year list.

The University of Western Australia will receive a $17 million donation from BHP Billiton for its New Century Campaign, with the engineering faculty and busines school to be the main beneficiaries.

Admedus, formerly Allied Healthcare, has struck a deal to acquire a manufacturing site that pharmaceutical giant Sanofi built in Malaga in 2009.

Former Perth lawyer Nick Grono will return to Europe to run a new anti-slavery fund backed by his most recent boss, iron ore magnate Andrew Forrest, and other leading philanthropists.

The recent publication of two listings of influential business leaders provided food for thought about the growing international influence on Western Australia.

Nicola Forrest has been elected to the board of directors of the Black Swan State Theatre Company.

Andrew Forrest has purchased a further 2 million shares in Fortescue Metals Group at a cost of $10.99 million, further cementing his position as the biggest wealth creator in Western Australia.

Property executives were the big movers in this year's Wealth Creators list, while the resources slowdown put the hurt on mining services directors' fortunes.

Followers of Fortescue Metals Group and its mercurial chairman, Andrew Forrest, have been on a roller-coaster ride during the past five years; but if the current bout of optimism is well-founded, FMG could be heading back to its record price of $12 a share reached in 2008, and Mr Forrest heading for a $12 billion fortune.

The state's first indigenous cultures museum is set to be up and running by 2017 with the help of $50 million from the University of Western Australia's New Century Campaign.

It's hard to imagine anyone being unhappy with Andrew and Nicola Forrest's remarkably generous $65 million donation to establish a system of educational scholarships to rival that created by Cecil Rhodes more than 100 years ago.

Mining billionaire Andrew Forrest has further enhanced his credentials as one of the nation's leading philanthropists with a pledge of $65 million to Western Australia's universities.

Andrew Forrest's philanthropic efforts are as restless as the iron ore magnate himself. Recent changes appear to be part of a restructuring of his various private and charitable interests under the new brand of Minderoo.

Poseidon Nickel has announced Bud Scruggs as its new chairman to replace the departing Andrew Forrest.

Healthcare technology company Allied Healthcare Group will seek to raise $10 million as it looks to launch its CardioCel regenerative tissue patch in Europe.

Indigenous business is thriving and growing in the north-west, but it was not an overnight success.

Fortescue Metals Group has vowed to focus on reducing its debt by 30 or 40 per cent following the official completion of its $US2.4 billion port expansion at Port Hedland.