Rival fund managers are perplexed by the scale of the debt left by NWQ Capital Management, expressing surprise at the almost $20 million owed, including to four prominent Perth business figures.
Oil and gas play Santos has revealed it will chop 200 mostly-Perth based jobs, as part of a cost-cutting measure undertaken in response to slow project approvals.
JJ Leach Group boss has slammed the state government’s ‘shovel-ready’ planning pathway after the developer’s $65 million Claremont project took years to be approved.
ASX-listed property technology company Openn Negotiation has appointed administrators from KordaMentha, citing challenges with raising funds to continue operating.
Collie is one step closer to construction of a $400 million steel mill, which is expected to create hundreds of jobs as the region transitions from coal-powered to green energy.
The first four prosecutions under WA’s new workplace safety laws, which lifted the maximum penalty for failing to ensure safety of a worker jump from $625,000 to $3.5 million, have been initiated.
Andrew Forrest has led a chorus of industry support for new policies subsidising critical minerals and hydrogen projects but the measures have failed to garner bipartisan backing.
15 May 2024
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