Three of Gina Rinehart's companies have collectively been fined $130,000 for lodging their financial reports too late, as the requirement for large proprietary companies to release annual financial statements has come under question.
Brookfield Multiplex has completed the non-processing infrastructure facility at Gina Rinehart's Roy Hill iron ore mine in the Pilbara, marking the finish of a $270 million workbook at the project.
To best understand what's gone wrong with Western Australia's iron ore industry you need to start by looking back 12 years, to 2003, when an ambitious Andrew Forrest created Fortescue Metals Group.
If you're wondering why the outlook for iron ore remains grim despite last night's price rise to a three-month high of $US63.10 a tonne, it is partly because Western Australia's iron ore miners have a new competitor – themselves.
It should be clear by now to Andrew Forrest that his campaign for a political inquiry into the iron ore industry has done the company he runs, Fortescue Metals Group, more harm than good – and might even have stirred up trouble for another local billionaire, Gina Rinehart.
Andrew Forrest's worst nightmare is that he will one day relive his painful experience with pioneering low-grade nickel ore processor Anaconda Nickel; so surely he must have suffered an ‘Anaconda moment' when the iron ore price fell below $US50 a tonne overnight.
Andrew Forrest and Gina Rinehart will need to wait a while for their dairy investments to deliver a return, according to a recent analysis of the sector.
Demand for Western Australian agricultural property assets is expected to run hot throughout 2015, with offshore buyers not expected to be deterred by new rules for foreign investment in farmland.
Fortescue Metals Group surprised investors earlier today with a better-than-expected December quarter production report, but that should not stop speculation that it could be a key player in Western Australia's deal of the decade.
Business News' CEO survey has unearthed strong views on the turbulent 12 months just gone, while also offering some timely advice to our political leaders.
Iron ore magnate Gina Rinehart has agreed to invest in WA business Bannister Downs Dairy, to support a planned $20 million-plus expansion of the niche dairy producer.
The international stage has helped this year's local business and political leaders stand out from the pack – including our Person of the Year, Richard Goyder.
Australia's free trade agreement with China is likely to deliver significant benefits to agricultural exporters but the gains will be mainly indirect and apparent over the longer term, a report by Rabobank has concluded.
Some of Perth's top company directors and dealmakers, including Michael Smith, Ian Cochrane, Michael Ashforth and Tony Iannello have been recruited to help run prominent family companies.
It's not easy to feel sympathy for Perth's super-rich as they watch their fortunes shrink, but the problems of Gina Rinehart, Andrew Forrest, Kerry Stokes, Angela Bennett and Stan Perron are a powerful pointer to the problems facing everyone in Western Australia.
Money is moving out of iron ore but where it goes next is the more interesting question, because it seems that some investors are developing a taste for agriculture – a shift that might prove to be a case of leaving the frying pan to land in the fire.
Founding director of Perth-based global mining software developer Micromine, Graeme Tuder, has joined the ranks of some of Australia's biggest names in exporting after being named an Australian Export Hero.
A senior figure in Western Australia's construction and mining industry, Sharon Warburton, has won this year's Telstra Business Woman of the year award for the state.
If Western Australia's small iron ore miners thought all the bad news about falling prices was in the open, they got a shock this week when the two biggest producers, BHP Billiton and Rio Tinto, launched a war of words, complete with threats of fresh expansion programs.
The appointment of investment banker Michael Ashforth as manager of the Bennett family's $1.5 billion fortune highlights the maturing of Western Australia's private wealth market.
FEATURE: A stubbornly high dollar, falling prices and high operating costs are combining to exert real pressure on smaller players in the iron ore sector.
If a fortune valued at $20 billion is not enough for Australia's richest person, Gina Rinehart, then perhaps she will be happy with $37 billion that is likely to be her net worth at this time next
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.
In this week's edition of Business News Background, head of content Mark Pownall and other reporters discuss the top stories of the week, including Gina Rinehart's move into beef processing, Michae
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
Western Australia's inaugural Telstra Business Woman of the Year says professional women still encounter many of the same barriers today as they did two decades ago.
