Business News
WEBSilverYachts is currently building a superyacht at Henderson and that is expected to be the last it builds locally, multiple industry sources have told Business News. The privately-owned company declined to comment on its plans but is expected to shift its boat building to a shipyard it already operates in China. 2 days ago.
Buru Energy gains full control of Ungani oilfield - Business News
WEBAug 22, 2023 · Buru Energy will assume full ownership of the 500-barrel per day Ungani oilfield in Western Australia’s Canning Basin from next month after JV partner Roc Oil decided to withdraw from its 50 per cent interest. Roc Oil will remain liable for its share of costs associated with both the near-term staged suspension of Ungani operations and the future decommissioning of all wells
Major shift in law firm rankings - Business News
WEBJun 2, 2020 · HWL has taken on 11 graduates in Perth this year, up from seven last year, and Mr Artus expects about 15 next year. Meanwhile, Bennett + Co has grown to be Perth’s 14th largest law firm, with the number of legal staff increasing over the past year from 34 to 51. Martin Bennett, widely regarded as one of Perth’s leading counsel, heads the firm.
Financial woes for Pilbara Resource Group - Business News
WEBDec 22, 2021 · Financial woes for Pilbara Resource Group. By Claire Tyrrell. Construction and civil contractor Pilbara Resource Group has gone into administration after its major mining partner GWR Group scaled back its operations.
CFMEU under fire in Royal Commission report - Business News
WEBDec 19, 2014 · The CFMEU is under fire for intimidation and coercion. The federal government’s Royal Commission into Trade Union Governance and Corruption has recommended criminal charges against a number of officials from the CFMEU and Health Services Union, while the government has also released terms of reference for a review of the country’s workplace ...
Tronox defers WA mine, opts for NSW expansion - Business News
WEBMar 10, 2020 · The company’s decision comes more than two years after premier Mark McGowan announced the government had agreed to vary a long-standing state agreement to facilitate the two proposed WA mines.
WA companies worth $349bn - Business News
WEBWA companies worth $349bn. By Jack McGinn. The combined value of Western Australia’s listed companies fell to $349.7 billion last financial year, propped up by the resurgent performance of the state’s gold sector.
Mener Group sues directors over $1.2m debt - businessnews.com.au
WEBMar 29, 2021 · Now, Mener Group is claiming a declaration that they have breached the act, the sum of $1.27 million, further damages, compensation, interest in the sum of $11,700 and costs. Embattled residential construction company Mener Group has launched legal action against its former directors in a bid to recover the $1.27 million it owes its creditors.
CFC posts $22m rise in revenue - Business News
WEBNov 6, 2020 · In its financial report, CFC posted revenue of $651 million in the year to June 2020, up from $629 million in FY19. Its profit after tax dipped slightly, however, from $10 million to $8.6 million. CFC ended the financial year with $5.3 million in cash, up from $1.8 million. Consolidated gross assets for the group were up 47 per cent, from $279. ...
AMB Holdings - Business News
WEBAMB Holdings is a private company owned by Perth-based billionaire Angela Bennett. The company earns multi-million dollar dividends from its 50 per cent shareholding in Wright Prospecting, which is paid a lucrative iron ore royalty stream. The royalties stem from deals negotiated by Ms Bennett’s late father Peter Wright, who was the business ...