Tayler Neale

Tayler Neale is the online reporter at Business News. He also reports on junior mining and the business of sport.  Tayler completed a bachelor of commerce and a bachelor of economics at the University of Western Australia in 2015, majoring in corporate and investment finance, international business economics and money and banking. He previously worked as a journalist at the Albany Advertiser. 

$3.2bn federal funding for WA

Prime Minister Malcolm Turnbull has today announced $3.2 billion of federal government funding for Western Australian infrastructure projects ahead of next month’s budget, however, there is still uncertainty around the timing of a number of those projects.

Perth Airport gains top ranking

Perth Airport has received the highest rating of Australia’s four biggest airports and registered a spike in profits during the past financial year, according to a report from the consumer watchdog.

Local tech raisings down

Local startups and young technology companies registered a big decline in funds raised in the March quarter compared to December, according to the latest report from tech sector analysts Techboard.

Panel blocks major shareholder

The Takeovers Panel has blocked a major shareholder of Finders Resources from accepting the recent takeover offer after the corporate watchdog submitted an application to the panel.

Doubt over Australian supremacy in LNG

Consulting group Energy Quest has cast doubt over the long-held expectation that Australia will overtake Qatar as the world’s largest LNG producer, in part because of the anticipated decline in production at Woodside Petroleum's North West Shelf project.

Power to lead City of Perth inquiry

The state government has appointed Francis Burt Chambers lawyer Tony Power to undertake a year-long inquiry into the City of Perth, after the council was suspended last month following a tumultuous period.

Cost increase at Gruyere project

Gold Road Resources has announced cost increases and schedule delays due to recent heavy rainfall at its half-owned Gruyere gold project near Laverton.

Apollo to spin-out Fraser Range assets

Perth-based Apollo Minerals has announced plans to spin-out its Fraser Range assets via an initial public offering, as the company focuses on its European tungsten and gold projects.

GR preferred contractor for $93m project

Perth-based GR Engineering Services has been selected as preferred tenderer for a $93.1 million contract to design and build a processing plant for Capricorn Metals’ Karlawinda gold project near Newman.

App/tech business of the week- Mapizy

Mapizy uses machine learning to automate discovery of changes to the built and natural environments at scale, with a mission to quantify the changing planet and create advanced analytics for industry.

Auris board spill

Auris Minerals chairman Bronwyn Barnes and independent director Susan Vearncombe have been voted off the company’s board, after a group of dissident shareholders gained enough support to pass a number of resolutions at a special meeting today.

Rottnest hotel set for major upgrade

The state government has today announced plans for a major upgrade of Hotel Rottnest, while construction of the $20 million Pinky Beach eco village project, being completed by a joint venture between Baileys Group and Discovery Parks, has begun.

WA unemployment hits highest rate since 2002

Western Australia’s unemployment rate has hit its highest level in more than 16 years, despite the state’s economy adding jobs in March, according to the latest data from the Australian Bureau of Statistics.

$160m in federal funding for Outback Way

The federal government has today pledged $160 million to seal a 300-kilometre stretch of the Outback Way, which links Western Australia’s Goldfields to central Queensland.

Jupiter relists after $240m IPO

Brian Gilbertson-led Jupiter Mines has made a steady start to trading on the ASX today, after the manganese miner completed a $240 million initial public offering.

Margaret River Pro canned amid shark fears

The remainder of the 2018 Margaret River Pro has been cancelled and the future of the World Surf League event may be in jeopardy due to fears of shark attacks.

Atlas posts poor March results

Atlas Iron has posted disappointing quarterly results, with discounted prices for its low-grade iron ore leaving the miner with a loss from its March production.

Property Council calls for tax relief

The Property Council of Australia has called on the state government to rule out increasing property taxes in the 2018-19 budget, as the local housing market continues to shows signs of recovery.

Civmec wins work in $3.6bn naval build

German shipbuilder Lurssen has awarded Civmec a key contract for the Royal Australian Navy offshore patrol vessels, which are being built as part of a $3.6 billion federal government program.

Interim Tourism boss named

The state government has announced Richard Sellers as acting director general of the Department of Jobs, Tourism, Science and Innovation after Stephen Wood was forced out last week.

Hopkins in $508m panel beating buyout

Perth-based Andrew Hopkins has led a $508 million buyout of national panel beating business AMA Group, with the deal backed by private equity giant Blackstone.

WA home loan delinquency remains nation's worst

Western Australia has retained the highest home loan delinquency rate in the country for the third straight year despite an improvement in 2017, with some of Perth’s northern suburbs among the worst performing in Australia, according to ratings agency Moody’s.

Junior explorers raise $13m

Junior explorers Black Mountain Resources and Australian Vanadium have announced $3 million capital raisings, while gold-focused Crusader Resources is tapping investors for $6.5 million as part of its initial public offering on the London AIM.

Agency Group in WA purchase

ASX-listed The Agency Group Australia has announced plans to acquire the residential sales and management arm of North Perth-based Vicus Property Group in a cash and scrip deal.

FMG increases autonomous fleet

Fortescue Metals Group is expanding its fleet of autonomous haul trucks with the conversion of 100 vehicles at its Chichester mining hub, leaving the company with a fully driverless fleet.

Board moves: Kerry Sanderson, Jim McGinty

St John of God Health Care has announced state governor Kerry Sanderson as its new chair, while former Western Australian politician Jim McGinty has been appointed as chairman of not-for-profit community service provider Communicare.

Kin slumps on project review

Shares in KIN Mining have nearly halved in value today after the company announced it would be reviewing its $35 million Leonora gold project following expected increases in pre-production capital cos

MGC secures cannabis build contract in Malta

ASX-listed MGC Pharmaceuticals announced today that is has been awarded a contract to build a medical cannabis production facility in Malta, with a $5 million capital raising set to help fund the project.

Data Exchange in $16m IPO

Local tech company Data Exchange has excited investors on its first day of trading on the ASX, after the completion of a $16 million initial public offering.

ResApp shares down on study results

Shares in medical tech company ResApp Health slumped today after it released positive test results, following a spike in the share price leading up to the announcement.

Synergy JV in 210MW renewable build

The state government has today announced that two private investors will co-invest with Synergy in a joint venture that is planning to build up to 210 megawatts of renewable energy projects in the South West Interconnected System.



Western suburbs house prices set to rise

Moody’s Analytics is forecasting continued weakness in Perth's residential property market this year but a return to positive growth in 2019, with Perth’s western suburbs and Mandurah tipped to be the best-performing regions.

Perth house prices on the way up

Perth house prices were up 0.3 per cent in March, and have risen in four of the past six months, according to the latest data from CoreLogic, adding to hopes of a sustained improvement in the residential property market.

Superfunded goes into liquidation

Perth-based company Superfunded has been placed into liquidation after the Federal Court made orders to wind-up the business following an application by the corporate watchdog.

WA building approvals down, Perth unaffordable

Building approvals in Western Australia have dropped to the lowest levels in 16 years, according to the latest figures from the Australian Bureau of Statistics, while a new housing affordability survey has labelled the Perth housing market ‘severely unaffordable’.

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Design change for Swan River bridge

The state government has approved design alterations to the Swan River pedestrian bridge in an attempt to cut $4 million in construction costs, while also announcing further delays to the bridge’s opening date.

Margaret River Gourmet Escape set to end

Western Australia's premier food and wine event, Margaret River Gourmet Escape, will be held in its current form for just one more year, with the state government planning a reconfigured event that includes the Swan Valley in 2019.

Byrnecut slams payroll changes

Byrnecut executive chairman Steve Coughlan has slammed the state government’s decision to crack down on payroll tax exemptions, saying his company will no longer receive the exemption for courses being undertaken by 1,200 employees.

Crowdfunding available for startups

UPDATED: Australian startups will now be able to raise capital via crowdfunding sources after the corporate watchdog today approved the first batch of licences allowing companies to act as intermediaries in the process.