Shareholders of Kerry Stokes' Seven West Media risk losing their shares by forced sale if they don't carefully read the Southern Cross Media merger documents.
Beach Energy and Mitsui's Waitsia stage two gas plant is finally ready for start up, more than four years since construction officially started on the contentious Perth Basin project.
Kerry Stokes has issued a reminder to Seven West Media shareholders that he will remain “close” to the media company, as he prepares to step down as chair.
It may not generate the kind of wealth that comes out of mining, property, or selling a big business, but the attractiveness of agricultural investments for wealthy Sandgropers is plain to see.
Kerry Stokes' private company Australian Capital Equity reported a 70 per cent year-on-year drop in annual profit last year, as the value of its asset book closes in on $3 billion.
Seven West Media and Southern Cross Media have shaken hands on a merger under which Kerry Stokes would step down as chairman of the board by early next year.
Seven West Media chair Kerry Stokes has been ordered to pay $13.5 million, as the financial backer of Ben Roberts-Smith who lost his defamation action against Nine newspapers.
Kerry Stokes' warning the Pilbara would "not exist" if current laws existed in the 1960s has been batted away by resources and political leaders at the billionaires' own industry event.
Seven West Media recorded a 62 per cent drop in statutory net profit last financial year to under $17 million, a result generated off group revenue of $1.35 billion.
Premier Roger Cook and Treasurer Rita Saffioti have been named the state's most powerful people, edging out mining magnates Gina Rinehart and Andrew Forrest in the 2025 Power 500.
The City of Perth has approved a removal of a public-used easement at billionaire Kerry Stokes' laneway in West Perth, with the site earmarked for redevelopment.
Roger Cook's name has been a regular feature on the annual list of Western Australia's most influential business and political players published by Business News.
Curtin independent Kate Chaney says Seven West Media is running a smear campaign against her, and fired back at columnist Ben Harvey's assertion people were “f***ing idiots” for voting for a teal.
Kerry Stokes' SGH generated a $508 million net profit in the first six months of the financial year driven by its industrial division, but major challenges persisted in its flagship media business.
Perth billionaires Kerry Stokes and Alexandra Burt have been named among the major supporters of a $60 million fundraising campaign by the National Gallery of Australia.
Seven Group boss Ryan Stokes has signalled his support for the group's struggling media business and has described Australia as the best place for the company to invest.
Kerry Stokes' private company Australian Capital Equity has reported a big jump in annual profit while also disclosing the value of his expansive art collection and other assets.
Kerry Stokes-backed BCI Minerals has received environmental approval from the federal government at its Mardie salt and potash project, located 80km south of Karratha.
Seven West Media told investors the actions of some individuals do not reflect the business as a whole, as it reported a slimmed profit for financial year 2024.
Kerry Stokes-backed Beach Energy is on track to deliver long-awaited first production from the second stage of its Waitsia stage two project in early 2025.
Seven West Media has confirmed significant redundancies and cost-saving measures will be undertaken at the company, amid its decision to implement a new operational model.
From the outset it was clear Chinese Premier Li Qiang and Australia Prime Minister Anthony Albanese's visit to Perth was going to be colourful, if not particularly newsworthy.
Entrepreneur Vikas Rambal's $4.4 billion fortune leads a group of dozens of new names to be recognised for their wealth generation in the inaugural Business News Rich List.
