News Articles for Nicola Forrest

The Forrest family's plan to build an eco-resort at the tip of the Ningaloo Reef, estimated to cost $70 million, has been given the final tick of planning approval.

New financials from the West Australian Opera have shown a dramatic increase in operating surplus from $299,588 in 2024 to $1.6 million in 2025.

Gina Rinehart's $200 million commitment to house struggling veterans is close to the biggest single gesture of generosity ever made by a Western Australian, pipped only by one other (see the full list).

The $7.35 million acquisition paves the way for the Collie Street building to become a HQ for Nicola Forrest's family office.

SEE THE FULL LIST: Mapping influence is not a straightforward task in an environment of economic and political change.

Australia appears to have fallen behind other nations in the global fight against modern slavery.

Tourism developments ramp up in the South West, as communities weigh the pressures that come with popularity.

Fortescue has booked a $2.7 billion profit due to record iron ore sales, helping its founding family to a tidy $690m dividend.

A $21.4 million early learning centre will be built in Derby through a funding deal inked with the state and federal governments, and Minderoo Foundation.

An $85 million plan to redevelop an old caravan park at the tip of the Ningaloo Reef into a swanky eco-resort has been significantly scaled back due to political hurdles.

WA's wealthiest, including Tim Goyder and Nicola Forrest, have been busy buying and selling homes in 2025.

The fairness of an anthropologist's reporting has been questioned by lawyers arguing the case for Andrew and Nicola Forrest's proposed leaky weirs project on Minderoo Station.

Thalanyji elders are wary of their protector leaving its home in the Ashburton River should Andrew and Nicola Forrest be granted approval to build 10 weirs along the watercourse.

The price for Andrew and Nicola Forrest to build leaky weirs on a river dissecting Minderoo Station has been revealed as questions about broader industry benefits swirl.

An experienced hydrogeologist has given evidence of the benefits of a controversial leaky weir project being pursued by Andrew and Nicola Forrest's private company on Minderoo Station.

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.

Harvest Road has returned to profit as it prepares to spend more than $50 million boosting its oyster and beef processing capacity.

The collective wealth of the top 100 richest people in Western Australia amounts to $160 billion – with 19 billionaires – Business News' Rich 100 publication reveals.

Andrew and Nicola Forrest's Minderoo Foundation has pledged a further $10 million in humanitarian aid to Gaza, bringing its total aid to the war-torn region since 2023 to $51 million.

The rich will try to spread their wealth but sometimes – be it luck or good management – their pile is reliant on a single investment.

The not-for-profit's latest financial report has shown its highest revenue turnover.

Minderoo Foundation is redefining the future of philanthropy with a reshaped strategy of funding and support.

Andrew Forrest has weighed in on the debate over public toilets in Cottesloe, urging the council to scrap the idea or find an alternative site to install the amenities.

An ocean-focused film by legendary filmmaker Sir David Attenborough which was funded to the tune of $3 million by Andrew and Nicola Forrest will make its global premiere overnight.

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.

Nicola Forrest-backed Coaxial has appointed Philippa Watson as chief executive, overseeing both its philanthropic and investment arms.

Minderoo has donated an additional $5 million to Ukraine, building on over $20 million of aid delivered to the country since the start of the war.

Tattarang's chief executive has opened up on wins and losses at Andrew and Nicola Forrest's private company and outlined plans for continued rapid growth.

Andrew and Nicola Forrest's philanthropic foundation has revealed extensive job cuts and spending cutbacks implemented last year as part of a planned restructure.

The long-vacant Fremantle building was purchased for $4.5 million by an entity wholly owned by Nicola Forrest.

The falling iron ore price has had a big impact on WA's wealthiest.

Nicola Forrest has driven a $100 million investment into a female-focused philanthropic fund, through her family's Minderoo Foundation.

The Forrests' Minderoo Foundation has contributed $30 million towards the Edith Cowan University CBD campus, as part of a 25-year partnership with the educational institution.

Andrew and Nicola Forrest's Minderoo Foundation will use a video depicting a child vomiting up plastic to push its anti-plastic agenda to world leaders, including King Charles.

Billionaires Andrew and Nicola Forrest will step down as Minderoo Foundation co-chairs to pass the baton to prominent barrister and company director Allan Myers.

The man who runs Andrew and Nicola Forrest's private business empire has exited the board of their peak company but the group insists it is business as usual.

WA's iconic tall ship the STS Leeuwin II, which is backed by billionaires Andrew and Nicola Forrest's foundation, has been crushed by a container ship at Fremantle Port this morning.

St Patrick's Community Support Centre has raised $22 million to build a new support centre and housing for people experiencing homelessness.

In 2011, Andrew and Nicola Forrest made an unusual donation that has delivered more benefits to WA's arts sector than anyone ever anticipated.

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.