News Articles for Kerry Stokes

Resources billionaire Gina Rinehart has been named Australia's wealthiest person for a third consecutive year, followed closely by fellow Western Australian and iron ore magnate Andrew Forrest.

EXCLUSIVE: Zempilas in talks to cut radio hours, while two food and wine institutions - Broadfield and Jordan - depart the morning paper.

A special royalty rebate for potash producers was announced in the budget today, as big hopefuls such as BCI Minerals develop projects.

Kerry Stokes-backed developer Flagship's $180 million plan to build a 27-storey tower in the heart of King Square is another step closer to fruition.

After having two goes at providing evidence in the McGowan versus Palmer defamation case, John Quigley has some clearing up to do closer to home.

Pressure mounts on attorney general over Palmer evidence.

A likely change of power in Canberra this year will have little bearing on the makeup of WA's political and business leaders. Click through to see our updated ranking of WA's 50 Most Influential.

BCI boss Alwyn Vorster has hinted the salt and potash play entertained buying Salt Lake Potash's flagship after the asset was put up for sale by receivers this month.

At least seven potash plays plan to produce the fertiliser from sun-dried brine or solar-dried ponds.

ANALYSIS: The $243 million critical minerals package announced today adds to a seemingly neverending flow of federal government grants and cheap loans for commercial projects.

Text messages between Mark McGowan and Kerry Stokes reveal the premier thanked the media mogul for “marvellous” front pages depicting Clive Palmer as a pest.

Jack Bendat arrived in Perth 56 years ago with little money and no connections. He proceeded to carve a business career that made him one of WA's most successful entrepreneurs.

A Karratha man has won a defamation claim against Kerry Stokes' Seven West Media after he was incorrectly identified as Cleo Smith's alleged abductor.

A significant increase in revenues spurred by a solid TV advertising market during the half year has buoyed Seven West Media's net profit by 3.2 per cent to hit $120.5 million.

A property developer linked to two contentious Nedlands proposals has secured 2,000 square metres of riverside real estate in Dalkeith for $12.4 million.

Kerry Stokes-backed BCI Minerals is set to proceed with its $1.2 billion Mardie project after overcoming opposition from Santos and Chevron, which were concerned about risks to WA's gas supply.

Soaring valuations for tech companies and mining stocks have brought major shifts in this year's list of WA wealth creators.

While lower returns on equity have flowed through to WA's top earners this year, the river has hardly run dry for the top end of town.

BCI Minerals' $1.2 billion salt and potash project has been approved by WA environment minister Amber-Jade Sanderson, but not without conditions.

Kerry Stokes-backed developer Flagship has unveiled plans to build a 27-storey tower in the heart of Kings Square, situated in the $5.2 billion Perth City Link.

BCI Minerals is set to receive a $175 million cash injection from AustralianSuper and $110 million from major stakeholder Kerry Stokes to get its $1.2 billion potash project up and running.

Our board moves wrap includes Darren Stralow, Bill Stirling, Allan Stephens, Grant Hudson, Alistair Stephens, Kerry Stokes, Terry Davis, Charles Fear, Bradley Denison, and Katherine Ostin.

Advisers have been appointed for a potential sale of Seven Group's share of the Crux LNG project, managing director Ryan Stokes has said, while flagging deals around Coates and WesTrac.

The state government has imposed stricter conditions on BCI Minerals' $1.2 billion Mardie project amid concerns about its environmental impact.

Seven West Media trimmed net debts by 40 per cent, flagged ratings growth and booked a $318 million profit during FY21 but has held out on paying a dividend to shareholders.

John Langoulant has sought counsel widely, including with Kim Beazley, ahead of taking up his key post in London.

A Kerry Stokes' owned company has purchased a four-storey office building on Kings Park Road for $12.5 million.

Inflationary threats in a low interest rate environment are bringing the lustre back to gold.

Neville Owen's ties to Kerry Stokes have created more complications for the Crown casino inquiry after Business News unearthed details of a joint venture with Tim Roberts.

Our board moves wrap includes Linda Kenyon, Stephen Quin, Terry Davis, Kerry Stokes, Matthew Foy, and Marcel Hilmer.

Self-made billionaire Kerry Stokes is retiring from the board of ASX-listed Seven Group Holdings, but the 80 year old will retain a well-paid consultancy role.

John Alexander will today become the third witness at the Crown casino inquiry with links to Kerry Stokes, who has close personal and business ties to royal commissioner Neville Owen.

The conjecture surrounding royal commissioner Neville Owen became murkier today when the Premier repeatedly obfuscated after being asked to clarify his own role in the appointment.

Premier Mark McGowan has continued to defend Neville Owen, despite revelations about multiple links between the royal commissioner, Kerry Stokes and the Crown casino inquiry.

ANALYSIS: The relationship between commissioner Neville Owen and Kerry Stokes has unexpectedly become the big news to emerge from the Perth Casino Royal Commission.

Royal commissioner Neville Owen has sought to quash any concerns about conflicts of interest by acknowledging he is a director of a key company in Kerry Stokes' business empire.

Seven Group Holdings' hostile takeover of Boral is moving closer to success, after increasing its offer price and lifting its holding to 35 per cent.

The sale of the Perth Wildcats could be the final big deal for Jack Bendat, who is both a renowned philanthropist and one of the toughest business operators WA has seen.

Hancock Prospecting has backed a $1 million personal donation to the Special Air Services Resources Fund by its executive chair Gina Rinehart with a further $500,000 contribution to the special vehicle to support Australia's elite soldiers.

Seven Group-backed Beach Energy has downgraded its full-year production and earnings targets along with its Western Flank oil reserves, sending shares in both companies down.