Fast-growing indigenous business Yurra, which boasts annual revenue of about $150 million, has commenced a process to identify a strategic equity partner to join the founding shareholders.
The developer of a new Broome port facility is seeking $90 million in equity, roughly half the value of the challenging project that was delayed by the pandemic.
Water Corporation has revealed an $809 million surplus in the 2020 financial year, potentially propping up the state budget despite a national recession.
Water Corporation chairman Mike Hollett has tendered his resignation, citing business and family interests, just two months after being reappointed to the role. Deputy chair David Lock will act in the role until a permanent chair is appointed.
A private WA company has gained state government approval to develop a floating wharf and onshore terminal at the port of Broome, targeting oil and gas services and cruise ships as its main customers.
Former ATCO Gas Australia president Pat Donovan has been announced as the new chief executive of the Water Corporation, replacing Sue Murphy after a 10-year tenure.
Property developers Mike Hollett and Chris Harrison have gained backing from Wyllie Group for a 250-lot lifestyle village in Northam, adding to a string of projects collectively worth about $200 million in the shire.
Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.
Perth company NLV Group, best known for its National Lifestyle Villages, has added a fourth division to its business with the acquisition of Velocity Villages.
