Mark Beyer

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.

Mining services company Perenti Global has delivered a solid annual result after dealing with the impact of COVID-19, labour shortages and currency movements.

Shares in Monadelphous Group fell sharply today as the market looked past its strong FY21 profit and focused on the patchy outlook and “unprecedented” labour shortages.

Mader Group has largely avoided the labour shortage issues hitting other mining services companies, reporting strong growth in earnings and forecasting more growth this year.

Only a handful of Perth-based companies outside the resources sector have built truly national or global operations.

West Perth-based human services company APM has appointed Goldman Sachs and Gilbert + Tobin to assess a stockmarket float likely to be worth in excess of $1.5 billion.

Australia’s first lithium hydroxide refinery at Kwinana has commenced production five years after the start of construction, but with full capacity still 18 months away.

There are very few chief executives who get to announce a company defining multi-billion deal on their first day in the job. That’s what Meg O'Neill did last week.

The share prices of Australia’s big iron ore miners have fallen by an average of 13 per cent over the past week, under the weight of a lower commodity price and higher costs.

Mark Pownall and Mark Beyer discuss Woodside and BHP, Peter Coleman, election funding, workplace health and safety, the arts industry, small business and Promoting Perth.

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.

BHP has disclosed that its iron ore production costs are set for a big increase next year but will remain just below those of rival Rio Tinto.

BHP is reshaping its business and corporate structure, with the company selling its petroleum division, making a big investment in potash and ending its dual-listed structure.

Woodside Petroleum and BHP have confirmed today they are in discussions about a potential merger deal involving BHP’s entire petroleum business. Details could be announced as soon as this week.

Perth company Infinite Blue Energy has achieved a recruiting coup, signing up former Woodside Petroleum chief executive Peter Coleman as its chairman.

Mark Pownall and Mark Beyer discuss COVID-19 concerns, office sales, leasing deals, hydrogen, the State Development Assessment Unit, Jaxon Construction and Nicola Forrest.

O’Connor-based Charman Roofing has become the second local business to be hit by the substantially larger penalties introduced for workplace safety breaches in Western Australia.

Swire Shipping has become the fifth shipping line to commence a direct service into the Pilbara, adding to a trend that will substantially reduce road haulage.

Mineral Resources managing director Chris Ellison said today he is extremely confident the miner will get the nod over rival exporters to expand its operations at Port Hedland.

On today's episode of At Close of Business, senior editor Mark Beyer discusses the Minderoo Foundation and Nicola Forrest's passion for early childhood development.

The shortage of workers for major resources and infrastructure projects will peak at 31,000 in early 2023 and continue at high levels for several years, new modelling has found.

The Minderoo Foundation co-founder wants the business sector to understand the importance of investing in early childhood development.

Three Perth dealmakers are behind an early-stage iron ore explorer that is seeking to list on the ASX despite ongoing disputes with its neighbour on Cockatoo Island.

The mining industry is turning green, but ‘old’ sectors like gold and iron ore are still attracting keen support.

Minderoo Foundation’s $50 million Early Years Initiative has gained new backing, after it was chosen to deliver a complementary federal government program.

Low-profile mining contractor Steve Coughlan is this year’s winner of the GJ Stokes Memorial Award, recognising his success in building Byrnecut into a global industry leader.

On today's episode of At Close of Business, senior editor Mark Beyer talks about how Perth's top fund managers have performed over the past 12 months.

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.

Fortescue Metals Group has commenced contact tracing of up to 2,000 workers at its Cloudbreak mine after a maintenance contractor tested positive for COVID.

Perth equity fund managers are having to look harder for value after generating very strong returns during the past year.

More than $120 million will be spent on boosting early childhood care and education in Indigenous communities, with most of the funding earmarked for an expansion of the Connected Beginnings program.

Roy Hill has outlined a profit share scheme and the recruitment of airline pilots and defence force workers as steps it is taking to deal with labour shortages.