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State building through transition

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State building through transition

It says something about Western Australia’s changing economy that, for the first time, the biggest development on our major projects map is not a mine, a gas plant or a railway. It is a shipbuilding precinct.

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PM insists there will be ‘no change to GST deal’

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PM insists there will be 'no change to GST deal'

Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.

Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get

  • Unlimited access to WA’s most trusted business journalism
  • Data & Insights — detailed profiles of WA companies, people, projects and deals
  • MyBN — a personalised feed based on the companies, people and sectors you follow
  • Special publications and industry reports
  • Daily and weekly email newsletters

Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:

  • Look up detailed profiles of WA companies, including financials, directors and ownership
  • Find decision-makers and track their career movements
  • Research live and completed projects across WA industries
  • Monitor deals, appointments and market activity
  • Access industry rankings and league tables

Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.

Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.

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is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.

Only subscribers have full access to all content on the Business News website.

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If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

  • Executives and directors tracking competitors, clients and market movements
  • Investors and advisers researching companies, deals and industry trends
  • Consultants and professionals staying across sectors relevant to their clients
  • Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

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The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
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Why nearly 3 million Teslas are being recalled in China

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A customer inspects the minimalistic hidden door handles on an electric car in a showroom.

Minimalist retractable door handles became a signature feature of electric vehicles (EVs), but the controversial designs are now at the centre of China’s biggest car recall, affecting more than 4 million vehicles.

The recall, which includes 2.98 million Chinese-made Teslas, follows safety concerns that the hidden door handles are difficult to locate and open in emergency situations.

Other brands affected by the recall include Chinese carmakers XPeng, Xiaomi and Geely.

Made popular by multi-billionaire Elon Musk’s Tesla, hidden door handles are designed to tuck seamlessly within the car’s door panel and only extend outwards approaches their vehicle.

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The design came under scrutiny after two fatal crashes in China involving Xiaomi EVs, in which power failures were suspected to have prevented doors from being opened.

Tesla said in a statement on Friday that it was recalling some of its Model 3, Y, S and X vehicles due to door handles that are “difficult to identify and operate because their colour is similar to the interior trim”.

This could hinder occupants or rescuers from quickly opening the doors in an emergency, such as during a “severe collision causing the vehicle’s low-voltage system to fail.”

Tesla said it will place warning labels on the recalled vehicles and issue a software update to automatically lower a vehicle’s windows after a collision.

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It is not clear if the affected firms plan to make a similar recall for the rest of the world.

The BBC has contacted Tesla, XPeng, Xiaomi and Geely for comment.

In February, Chinese authorities announced a ban on hidden door handles.

Under new rules due to take effect on 1 January 2027, cars will only be allowed to be sold in China if they have a mechanical release on both the inside and outside of their doors.

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Tesla’s door handles were also involved in a probe by US safety regulators after reports that they suddenly stopped working, leaving children trapped in the cars.

In July, the US National Highway Traffic Safety Administration suggested creating a new formal safety standard for all carmakers.

The BBC has contacted the agency for comment.

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Nuix Limited (NXLLF) Q4 2026 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Nuix Limited (NXLLF) Q4 2026 Earnings Call August 23, 2026 7:30 PM EDT

Company Participants

John Ruthven – CEO & Director
Peter McClelland – Chief Financial Officer

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Conference Call Participants

Sinclair Currie – MA Moelis Australia Securities, Research Division
Andrew Johnston – MST Financial Services Pty Limited, Research Division
Evan Karatzas

Presentation

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Operator

Thank you for standing by, and welcome to the Nuix Limited Full Year ’26 Results. [Operator Instructions] I would now like to hand the conference over to Mr. John Ruthven, CEO. Please go ahead.

John Ruthven
CEO & Director

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Welcome, everyone, and thank you for joining us for Nuix’s Full Year 2026 Results Presentation. I’m John Ruthven, Nuix’s Chief Executive Officer; and with me today is our Chief Financial Officer, Peter McClelland. Today, I’ll start with our key messages and metrics for the year. Peter will then take you through our FY ’26 financial performance in detail. I’ll return to discuss how we’re scaling Nuix Neo and integrating Linkurious, before covering what we see as significant platform evolution and strategic reset, the structural changes we’ve made to position the business for its next phase of growth.

I’ll then close out with our outlook before we take questions. Let me start with the highlights from the year. FY ’26 was a year of profitable growth and decisive action. ACV finished at $260 million, well within our previously guided range. Nuix Neo ACV grew 179% to $78.5 million across 135 customers. We delivered strong growth in revenue on further success in selling multiyear deals. Adjusted management EBITDA saw a material expansion with revenue growth significantly outpacing cost growth, in line with our strategic objective. And we achieved a very strong lift in cash generation with underlying cash flow up 154% to $51 million.

And here are the metrics. ACV rose 13.9%. Excluding

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Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult market

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Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult market

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Prysmian Stock: AI’s Next Bottleneck Runs Through Power And Fiber (OTCMKTS:PRYMY)

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Prysmian Stock: AI's Next Bottleneck Runs Through Power And Fiber (OTCMKTS:PRYMY)

This article was written by

“AWS Certified AI Practitioner Early Adopter”I am a DevOps Engineer for a major, wholly owned subsidiary of a large-cap Fortune 500. I have been the primary driver of Anthropic-based tooling in our company’s division, and have successfully pushed for the division-wide integration of tools like Claude Code via AWS Bedrock. I am currently spearheading the implementation of AI-infrastructure in our division.I am a true subject-matter expert on the actual buildout, deployment, and maintenance of AI tools and applications. I have increasingly deep knowledge on the science behind generative AI systems as a result of first-hand experience with machine learning algorithms, model training, and model deployment.I contribute to Seeking Alpha as an outlet to share my AI and machine learning insights through an investment-focused lens.Closely associated with LL InsightsPer TipRanks (6/26/25) – 2 Year Timeframe#716 out of 31,463 Financial Bloggers #1,222 out of 41,143 experts

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Roper Technologies: A Cautious Buy Despite The Risks

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Roper Technologies: A Cautious Buy Despite The Risks

Roper Technologies: A Cautious Buy Despite The Risks

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Negative Breakout: These 7 stocks cross below their 200 DMAs

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The Economic Times

200 DMA: Rs 1429.84| LTP: Rs 1406.3

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PLS returns to the black with $526m profit

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PLS returns to the black with $526m profit

Yes. Corporate subscriptions are available for teams and organisations, with discounted rates as user numbers increase. Pricing starts from $1,625 + GST per user.
Get in touch
to discuss the right option for your organisation.

Business News subscriptions are used by executives, investors, consultants and professionals who need to stay informed and make better decisions about the WA market. When you subscribe you’ll get

  • Unlimited access to WA’s most trusted business journalism
  • Data & Insights — detailed profiles of WA companies, people, projects and deals
  • MyBN — a personalised feed based on the companies, people and sectors you follow
  • Special publications and industry reports
  • Daily and weekly email newsletters

Data & Insights is a research tool built specifically for the WA market. It draws on more than 30 years of Business News reporting, updated regularly to reflect what’s happening now. Use it to:

  • Look up detailed profiles of WA companies, including financials, directors and ownership
  • Find decision-makers and track their career movements
  • Research live and completed projects across WA industries
  • Monitor deals, appointments and market activity
  • Access industry rankings and league tables

Data & Insights is updated daily by our dedicated research team, which uses the latest announcements, ASX filings and editorial coverage to keep our person, company, list and project records up to date.

Business News welcome all opportunities to make our dataset accurate, complete and current, so if you have an update request, please email the team at
general@businessnews.com.au, and we’d be happy to assist.

Advertisement

MyBN
is part of every subscription. It’s your personalised view of Business News. You can follow the companies, people, sectors and projects that matter to you, and get a news feed and alerts tailored to your interests. You can save articles to read later and retain only what you need.

Only subscribers have full access to all content on the Business News website.

Advertisement

If staying informed about the WA economy is part of your job, and/or you’re looking for networking opportunities in WA, Business News is built for you.

Business News subscribers are:

  • Executives and directors tracking competitors, clients and market movements
  • Investors and advisers researching companies, deals and industry trends
  • Consultants and professionals staying across sectors relevant to their clients
  • Business owners looking for leads, context and market intelligence

Most Business News publications cover national or global markets. Business News is focused entirely on Western Australia, which means the journalism, the data and the intelligence are all built around WA companies, people and projects — not adapted from a national feed. Data & Insights, included with every subscription, combines more than 30 years of WA-specific editorial research with live business data. There’s no comparable product for the WA market.

Advertisement

The Morning Digest Email provides a comprehensive wrap of the major headlines, relevant to WA business, and includes with a snapshot of the overnight news covering oil, gold and ASX-listed companies.

The Afternoon Wrap Email focuses on the news covered by our team of journalists during the course of the working day, including exclusive stories and analysis, all of which relates to WA business and the local economy.

The BN Weekender Email contains a wrap of the Business News from the week that was, highlighting the top stories in each area of WA business.
Sign up for free.

Advertisement

We’re happy to help.
Get in touch
and our team will come back to you.

Advertisement
Continue Reading

Business

Why is Ampol stock surging today?

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Why is Ampol stock surging today?

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Earnings call transcript: EVT lifts FY2026 profit, shares jump on growth outlook

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Earnings call transcript: EVT lifts FY2026 profit, shares jump on growth outlook

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