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Foreign investment

Greater co-operationCommentsPremiumWA critical minerals players set to benefit from US funding

Escalating global tensions and uncertainty could prove a boon for WA critical minerals players after the US pledged to help fund projects in a bid to shore up supply.

Stuart McKinnon

London callingCommentsThe Aussie firms planning $50b infrastructure spend in UK

Projects include offshore wind farms, new homes, and urban regeneration works across the country, according to a statement issued by Downing Street after a UK-Australia investment meeting.

Daniel Newell

Biofuels focusCommentsPremiumTrio of corporate giants eye Wheatbelt carbon farm project

A draft agreement between a trio of corporate giants could result in a unique carbon farming and renewable biofuels project in WA’s Wheatbelt.

Stuart McKinnon

Watchdog nodCommentsPremiumBlackstone wins FIRB approval for Crown takeover

Crown Resorts suitor Blackstone has cleared a major hurdle in its pursuit of the embattled gaming giant by winning the blessing of Australia’s Foreign Investment Review Board.

Daniel Newell

Money goneCommentsPremiumSmooth-talking crypto phishers robbing victims blind

Retired photographer Dave Fowler’s experience with cryptocurrency investment nearly cost him his life’s savings to scam artists who have perfected their schtick to allay the worries of wary investors.

Nick Bruining

opinion
opinion
‘Cult-like’ maniaCommentsPremium
opinion
The two biggest problems facing the crypto devotees

You need the hide of a rhinoceros protected by a sheet of titanium if you take on the cryptocurrency crowd. But, I’ll take a swing, and here’s why ......

Nick Bruining

Yes or no?CommentsPremiumRead this if you’ve ever thought about investing in crypto

Bitcoin and its kin have been hailed as a new form of money, but an expert has warned those chasing big crypto returns are showing the same behavioural traits as problem gamblers. So, should you be investing?

Nick Bruining

$1.7m claimPremiumFMG young gun blasted in blue over alleged Regal swindle

A Supreme Court just judge has blasted the evidence of a Fortescue Metals Group analyst caught up in $850,000-plus case of allegedly dodgy dealings involving his father.

Neale Prior

Fiore fightPremiumDentist bitten with contempt claim as Regal row heats up

Lawyers have launched a contempt of court action against deal-making dentist Peter Fiore as they try to recover $850,000 lost in an allegedly fraudulent scheme last year

Neale Prior

‘Murderous path’CommentsUS, UK turn screws on Putin with ban on Russian oil imports

President Joe Biden says the US will ban imports of Russian fossil fuels including oil, a major escalation of Western efforts to hobble Russia’s economy that will further strain global crude markets.

Josh Wingrove, Justin Sink, Jordan Fabian and Jennifer Jacobs

opinion
opinion
Saver protectionsCommentsPremium
opinion
Where’s the safest place to stash your cash?

The return of your money is more important than the return on your money.

Nick Bruining

Pindan litigationCommentsPremiumStage set for $120m Pindan legal action

Administrators recommend liquidation for Pindan Contracting business, paving way for legal action against the builder’s parent, Oxley Holdings.

Sean Smith

All clearPremiumWatchdog approval for JBS to buy Huon Aquaculture

Andrew Forrest, who built up an 18.51 per cent stake in Huon, had called on the Federal Government to stop the takeover, citing JBS’s ‘appalling track record on the treatment of animals’.

Jenne Brammer

Pindan collapseCommentsPremiumPindan’s parent breaks silence as $7.5m offer confirmed

Oxley Holdings “aggrieved” by Pindan’s descent into administration, says $7.5m cash injection will see nearly half of small creditors paid in full.

Sean Smith

Guinea scandalPremiumFormer Rio exec cleared by ASIC over Simandou payment

The corporate regulator says it won’t be pursuing Alan Davies over a $14 million payment to a consultant over the Simandou iron ore project in Guinea 10 years ago.

Sean Smith

NW Shelf warningPremiumWoodside’s production target seen under threat

Analysts from Macquarie Research say technical issues at the ageing NW Shelf gas project could see the older production units closed earlier than expected.

Sean Smith

Tensions debunkedPremiumAustralia open to China investment, merger umpire says

Australia isn’t closed to Chinese investment, the head of Australia’s foreign investment approval regime said, even as “warfare and international contestation” have become a new focus for the body.

Harry Brumpton

‘open borders’PremiumCoogee Chemicals flags support for borders challenge

The frustrated WA-based group says hard borders have been up for too long and West Australians have had ample time to get vaccinated.

Sean Smith

Evergrande crisisPremiumMarkets keep wary eye on Evergrande crisis

Many think China will step in to manage a bailout of the Chinese property developer, but Beijing is keeping investors guessing.

Sean Smith

Trade subotagePremiumBusinesses tipped to suffer retaliation over subs deal

Businesses could bear the brunt of escalating trade tensions between Australia and China as the relationship is expected to worsen amid the new nuclear submarine deal, experts have warned.

Kate Purnell

French swoopPremiumEmpired accepts $233m takeover bid by Capgemini

The locally-founded IT company says the $1.35-a-share offer is too good to reject.

Sean Smith

Lithium approvalPremiumWesfarmers’ Mt Holland lithium project gets green light

The $1.9b development has now been ticked off by WA’s Environment Minister

Near halfForeign investment takes a COVID hit

Foreign direct investment into Australia nearly halved between 2019 and 2020, which experts largely put down to the COVID-19 pandemic.

Georgie Moore

Major investmentPremiumChevron green lights new $US4 billion WA investment

The energy group has kicked off a project to improve gas recoveries from the huge fields feeding its Gorgon LNG project.

Sean Smith