News Articles for Kerry Stokes

Kerry Stokes-backed BCI Minerals is asking investors for $315 million to help fund the final component of its Mardie project near Karratha.

City of Perth Lord Mayor Basil Zempilas has formally declared his intention to run for Liberal preselection in the Churchlands electorate ahead of the 2025 State Election.

Beach Energy announced its production was down 4 per cent during the second quarter of the 2024 financial year, citing planned downtime at its Kupe and Lang Lang gas plants.

James Warburton will resign as Seven West Media chief executive at the end of the financial year, with a successor already announced.

Seven West Media has acquired a near 20 per cent stake in ARN Media Limited, becoming a major shareholder of the Sydney-based broadcast radio company.

Billionaire Kerry Stokes has been returned as chair of the Seven West Media board at the company's annual general meeting this morning.

Tom Zaunmayr and Jack McGinn discuss the storied career of a Perth craft brewery stalwart.

Western Australia's environmental watchdog has waved through a new irrigation project at one of billionaire Kerry Stokes' Kimberley pastoral stations.

Seven West Media chair Kerry Stokes has confirmed plans to extend his tenure beyond 15 years ahead of the company's annual general meeting in November.

Western Australia's valuer-general has begun a major overhaul of convoluted pastoral rents to build a new valuation leaseholders can work out with “basic mathematics”.

The City of Perth has voted to sell a West Perth laneway to a private company belonging to Kerry Stokes, with further development hinted for the site.

The City of Perth has recommended the council approve selling a West Perth laneway, that had been used as a right-of-way, to Kerry Stokes' private company.

Kerry Stokes-chaired Seven West Media's newspaper division has recorded falls in advertising and circulation revenue alongside a 7 per cent slump in profit.

In this podcast Mark Pownall and Mark Beyer discuss Forrest separation implications, Kerry Stokes' laneway, Ben Wyatt, Mark Hatfield, the Ritz Carlton, Chellingworth and Moody's.

The separation of billionaire power couple Andrew and Nicola Forrest has caused acrimony between Nine's Australian Financial Review and rival Seven West Media newspaper, The West Australian.

Former WA treasurer Ben Wyatt has become an adviser to Australian Capital Equity, adding to the network of powerful individuals close to its chair Kerry Stokes.

There is nothing particularly unusual about a property owner wanting to connect separate parcels of land.

Billionaire Kerry Stokes is set to acquire a laneway behind his company's Australian Capital Equity building, which has been public access for decades.

WA has some very prominent philanthropists, detailed in our updated list of foundations, and there is a push to expand giving across the wider community.

Movement from private and public stakeholders at Perth City Link could turn the tide finally for the embattled precinct.

Our annual update of WA's 50 most influential people analyses those using their role and profile to make a difference.

Billions of dollars of investment could be in the pipeline for Perth Basin as the state faces a crippling gas shortage within a decade.

Federal Communications Minister Michelle Rowland has been drawn into the public spat between Perth billionaires Andrew Forrest and Kerry Stokes.

Mark Pownall and Mark Beyer discuss Andrew Forrest's feud with Kerry Stokes, plus the latest on cost blowouts, the Perth Parking Levy and car imports.

Andrew Forrest has told Fortescue staff that a decision to pick German giant Liebherr over WesTrac for a major contract has caused a rift with billionaire Kerry Stokes' empire.

Kerry Stokes-backed Beach Energy has reported a drop of more than 10 per cent in its estimated Perth Basin gas reserves after undertaking a drilling campaign at Waitsia.

Business News values the assets of WA's richest people, and explores how they've used that wealth in 2022.

Warrego Energy shares are continuing skyward as investors wait to see whether Stokes-backed Beach Energy will match rival bidder Gina Rinehart's $350 million cash offer for the Perth Basin developer.

Gina Rinehart's Hancock Prospecting could help solve a looming WA gas shortage, pledging to boost Perth Basin investment as it becomes the third company chasing Warrego Energy.

Warrego Energy has agreed to a takeover offer from Kerry Stokes-backed Beach Energy, bypassing a competing offer from its joint venture partner, the John Poynton-chaired Strike Energy.

Seven West Media's television revenue will likely drop by eight per cent in the first half, CEO James Warburton has told the company's annual general meeting.

AustralianSuper has asserted greater influence over Kerry Stokes-backed BCI Minerals, which will be required to seek consent from the super fund before appointing a new chief executive.

The buyer of South Fremantle Power Station should take inspiration from the Hearst Castle on California's coast.

Former premier Colin Barnett believes it's time to bite the bullet and demolish the South Fremantle Power Station in the wake of another failed bid to redevelop the 1951 building.

Channel 7 and Foxtel have signed a new deal with the AFL that will extend the pair's existing broadcast rights into the 2030s.

Deputy Premier Roger Cook doesn't believe Perth's lord mayor, Basil Zempilas, is being deliberately sidelined.

Premier Mark McGowan's strategic director has quit after spending more than a decade as a Labor Party and government operative.

The state government could do a better job of keeping the public in the loop about some major decisions.

Greens MP Brad Pettitt has lashed the state government for its utility's “opaque” South Fremantle Power Station sale process, amid news the buyer could be media mogul Kerry Stokes.

A state government development board has given Kerry Stokes-backed developer Flagship the green light to build a 27-storey tower, valued at $180 million, in the CBD.