Adarsh Australia has been awarded a government contract to produce up to 10,000 face shields for Western Australia's surgeons and ENT specialists, boosting the state's supply of critical protective medical equipment during the COVID-19 pandemic.
Andrew Forrest has run a nimble and remarkably successful campaign to procure medical equipment from China, while WA's healthcare community has rallied to prepare for the COVID-19 pandemic.
Billionaires Andrew Forrest and Kerry Stokes will combine their resources and expertise to redevelop the historic East Perth Power Station, after the state government unveiled Minderoo Group and Australian Capital Equity as its preferred redevelopment partners.
SPECIAL REPORT: Institutional investor interest is continuing to grow in WA's agricultural sector, unaffected by the global uncertainty of the novel coronavirus crisis.
The federal government will provide $100 million to more than 300 charities, Minderoo Foundation committed $5 million to community initiatives, and Gina Rinehart donated $6 million to the Royal Flying Doctor Service of Australia over the weekend to help charities meet increased demand.
Andrew and Nicola Forrest have donated an additional $520 million to their philanthropic organisation Minderoo Foundation, bringing their total donations to $2 billion.
Health Minister Roger Cook said testing criteria for COVID-19 would expand as of tomorrow, 28 new cases in WA overnight; Premier Mark McGowan aired his grievances with the Artania cruise ship, and Andrew Forrest pledged $160 million towards procuring medical supplies and increasing testing in WA.
Andrew and Nicola Forrest's Minderoo Foundation is flying in tonnes of medical supplies from China and increasing Western Australia's capacity to test for COVID-19, as part of a rescue package announced today.
Andrew Forrest has added to his diverse business portfolio, purchasing global renewable energy development company Windlab in a consortium with Sydney-based Federation Asset Management.
Fortescue Metals Group chair Andrew Forrest has purchased an additional $242 million worth of shares in the company, shortly after Perth-based executives of other leading companies, including Peter Coleman, Ian Testrow and Bill Beament, also made big trades.
Andrew Forrest is increasing the scope of his agricultural investment vehicle, Harvest Road Group, reaching an agreement to acquire Albany oyster farm Ocean Foods International.
Andrew Forrest's Minderoo Group is heading back to the drawing board on its plan to redevelop Cottesloe's Indiana Tea House, after the local community expressed little desire to see an architectural jury's preferred design become reality.
Construction work will start in April on the $35 million second stage of the University of Western Australia's Forrest Hall, with local building firm Jaxon appointed to carry out the works.
Private companies and not-for-profit businesses play a prominent role in the West Australian economy, with annual revenue at the top 20 exceeding $32 billion, according to data compiled by Business News.
Almost 10 months after it opened, Freo.Social has expanded its range to include a dining option with the addition of Beer.Kitchen, the venue's new 22-item dining offering launched in mid-December.
The federal government has announced a $50 million emergency fund to address the loss of wildlife during the nation's bushfire season, as more Australian businesses have pledged millions in combined donations.
Andrew and Nicola Forrest's Minderoo Foundation has committed $70 million to Australia's bushfire response, far exceeding the contributions made by big companies across the country.
Andrew Forrest's agricultural investment vehicle Harvest Road Group has taken a major step towards building Western Australia's biggest cattle feeding facility, with plans recently lodged for approval by planning authorities.
Mincor Resources has reported a surge of demand for the company's stock, with a $5 million share purchase plan closing early and oversubscribed, while Titan Minerals has secured $3.5 million for its Peruvian exploration operations.
Perth-based Mincor Resources has received commitments to raise $30 million through a placement, backed by major shareholders Andrew Forrest and Independence Group, and is looking to raise a further $5 million through a share purchase plan.
The Minderoo Foundation will begin development of a new research centre near the Ningaloo Reef following the signing of a lease agreement with the Shire of Exmouth.
Perenti Global subsidiary Ausdrill and Fortescue Metals Group have struck separate partnership deals with hockey teams, including the national women's and men's hockey teams.
Rio Tinto's 22-year relationship with Black Swan State Theatre Company has come to an end, as it was announced at the theatre company's season launch last night that Fortescue Metals Group will step in as its new principal partner.
Andrew and Nicola Forrest's Minderoo Foundation has announced a $US300 million ($440 million) commitment to establish a new industry-focused initiative to end worldwide plastic waste.
Andrew Forrest-backed Poseidon Nickel has edged closer to restarting operations at its Black Swan project in Western Australia following a recent surge in nickel prices.
Fortescue Metals Group's full-year profit has nearly tripled to $US3.2 billion on the back of a period of soaring iron ore prices in the 2019 financial year.
Andrew Forrest's Minderoo Group has narrowed the choice for the preferred design to replace the Indiana Tea House on Cottesloe Beach, after two of the four designs received strong support from the public and the competition jury.
Andrew Forrest's Minderoo Group plans to demolish the Indiana Tea House at Cottesloe Beach and replace it with one of four concepts released for public comment today.
Andrew Forrest has invested $15 million on Fremantle property assets in the past 15 months, as the biggest regenerative project in local history nears completion
Andrew and Nicola Forrest's Minderoo Foundation has pledged up to $2 million to The Nature Conservancy to undertake a series of activities to improve the Swan-Canning Estuary's health, including the restoration of lost shellfish reefs.
Andrew Forrest will have an income of nearly $1 billion this financial year after Fortescue Metals Group announced a 60 cent per share final dividend today.
Following in the footsteps of Stan Perron, some key names in philanthropy have increased their funding distribution, but many charity recipients are struggling to measure the impact of these donations.
Andrew and Nicola Forrest's agricultural investment company, Harvest Road Group, has reported a big surge in annual profit to $7 million after a restructure combined the family's expansive pastoral stations with their Harvey Beef business.
UPDATED: Gina Rinehart, Andrew Forrest, Kerry Stokes, Bianca Rinehart and Angela Bennett are the wealthiest people in Western Australia, according to a new rich list.
Big donations to three philanthropic trusts in Western Australia augur well for future charitable donations, although the state's wealthiest person, Gina Rinehart, has bucked the trend.
