Wednesday, 12 September, 2018 - 08:07
Access key at Linc industrial estate
Mining services, logistics warehousing and food services firms are boosting demand for industrial property.
From its origins in 1914 as a Western Australian farmers' cooperative, Wesfarmers has grown into one of Australia's largest listed companies. Headquartered in Western Australia, its diverse business operations cover: home improvement and outdoor living; apparel and general merchandise; office supplies; chemicals, energy and fertilisers, and industrial and safety products.
Wesfarmer's retail businesses include Bunnings, Kmart, Target, and Officeworks.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
186th | DigitalX | 32.86% | 21.59% |
187th | Westgold Resources | 32.23% | 5.81% |
188th | Wesfarmers | 31.55% | 20.32% |
189th | Tribune Resources | 31.47% | -3.45% |
190th | SGH | 31.23% | 27.98% |
Rank | Company | # | |
---|---|---|---|
1st | - | Wesfarmers | $44.31bn |
2nd | - | SGH | $10.73bn |
3rd | - | Perenti | $3.38bn |
4th | - | NRW Holdings | $2.94bn |
5th | ![]() |
Macmahon Holdings | $2.04bn |
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Mining services, logistics warehousing and food services firms are boosting demand for industrial property.
Wesfarmers is preparing to sell spodumene into the market but doesn’t expect to make a profit, as it continues to ramp up its Mt Holland lithium asset.
Ora Banda Mining has accused Greenstone Resources and Ian Gandel’s Riverina of blocking the final sign off for the junior miner’s $26 million joint venture deal with Wesfarmers Chemicals.
The professional board director says middle-aged white men have played a crucial role in helping her career progress, and says businesses should embrace difference.
Western Australia will lose its shine as a critical minerals jurisdiction if efforts aren’t made to keep up with global trends, according to the head of Tianqi Lithium Energy Australia.
A doctor, prospector, chemicals company owner, car salesman, and business legend were among prominent Western Australians who donated to Voice campaigns last year.
Our weekly appointments wrap includes Mark Scatena, Lachlan Lewis, Elodie Allegret, Emma Elliott, Tania Cecconi, Brendan Shalders, Grant Dyker, John Nolan, Jay Stephenson and Samantha Mostyn.
A dispute involving junior miners over a $26 million joint venture deal with Wesfarmers Chemicals has been settled for more than $6 million.
Wesfarmers Chemicals, Energy and Fertilisers' CSBP business will fast-track its pursuit of decarbonisation, after receiving $32.9 million from the federal government.
Wesfarmers Chemicals, Energy and Fertilisers will divest parts of its Kleenheat business, including EVOL LNG, but will keep its natural gas retailing service and Kwinana facilities.
Expansion of a Kwinana cyanide plant first mooted two years ago has gained funding approval from its major industrial backers.
Major charity Telethon Kids Institute is to be chaired by Naomi Flutter, succeeding high-profile Julie Bishop as the organisation prepares to roll out a new name and strategic plan.
Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.
Our weekly appointments wrap includes Josh Zimmerman, Naomi Flutter, Dean Mudford, Eve Drain, John Stephenson, Sybrandt Van Dyk and David Tsai.
Former Wesfarmers executive and prominent company director Gene Tilbrook has passed away at the age of 73 after battling serious illness in recent years.
Carbon capture and storage could generate more than $80 billion for the state economy over 20 years, according to new analysis funded by the Chamber of Commerce and Industry WA.
Wesfarmers’ retail businesses carried its increased profit for the full year, while its lithium business posted a $26 million loss pinned on weak prices for the battery metal.
Former WA Premier Mark McGowan has told business leaders to be “relentless” in their pursuit of political influence and backed creation of a new ministerial portfolio
Politicians are losing control of policy levers and lack the willpower to enact sweeping tax and policy reforms , according to WA businessman Michael Chaney.
Profit is not a dirty word, says Wesfarmers chairman Michael Chaney, who also called for more kudos from political leaders for the economic contributions of big companies.
Wesfarmers executive Tanya Rybarczyk has been named as the next president of explosives manufacturer Dyno Nobel Asia Pacific, effective February 2025.
Our weekly appointments wrap includes Chris Paull, Jo Monery, David Andrew, Charmaine Lamprecht, Nicola Spicer, Meg O'Neill, Tanya Rybarczyk and Bep Uink.
The state government has unveiled its first action plan for carbon capture and storage in Western Australia, including investing $26 million towards two projects.
Supagas and Wesfarmers Chemicals, Energy & Fertilisers have settled their deal for the latter to sell parts of its Kleenheat business, including distribution depots in the state.
Wesfarmers-owned Kmart Group has announced the resignation of managing director Ian Bailey after 19 years, with chief financial officer Aleksandra Spaseska to step up to the role.
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Wesfarmers will sell gas supplier Coregas to a subsidiary of Japanese conglomerate Nippon Sanso Holdings Corporation for $770 million, subject to ACCC and FIRB approval.
Wesfarmers has opted to shut down its online retail business in the face of growing competition, announcing one-off costs of up to $60 million from the wind down of Catch.
Wesfarmers and Coogee Chemicals will proceed on the expansion of the sodium cyanide production hub in Kwinana, after reaching a final investment decision.
Wesfarmers has reported a small rise in interim profit from its diverse retail and industrial operations while maintaining plans to invest heavily in the depressed lithium sector.
Wesfarmers plans to acquire 15 Bunnings properties currently owned by a special purpose investment trust and in the process will record a one-off profit of up to $130 million.
The outlook for the Kwinana industrial strip has changed drastically during the past year after a series of project closures and delays.
CEFA EVOL has sued a Sydney-based contractor over alleged defective trailers.
The state’s Business News BN30 Index raised its head above 200 points after dipping below that level yesterday for the first time in two and half years, weighed down by global volatility.
Our weekly appointments wrap includes Lanie Chopping, Rebecca Brown, Peter Woronzow, Richard Sellers, Prudence Griffin, Jessie Liu-Ernsting, Shannon Robinson, Rhys Waldon, Mark Pivac, Brett Smith, Michael Skead, Jackson Allen and Jackie Donald.
Wesfarmers has moved to significantly curb emissions at one of its Kwinana operations, as Premier Roger Cook softens his stance on legislating the plan to reach net zero by 2050.
Responsibility for decision making over the Western Trade Coast fell on the shoulders of 11 of the 17 cabinet ministers in the first government led by Roger Cook.
Wesfarmers has disclosed an expected loss of $60 million this year from its half share of the Covalent Lithium joint venture and a bigger loss next financial year.
Wesfarmers has announced a change within its Officeworks portfolio, with Sarah Hunter to depart from the company from August.
Simon Trott, Meg O'Neill, Nigel Satterley, and Vikas Rambal were among those invited by WA Premier Roger Cook to share their ideas to guide the state through Donald Trump's tariff policy.
Former Fortescue and Woodside Energy executive Fiona Hick has been appointed to the Barrenjoey board as its fourth non-executive director.
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