Kaynar Group founder Kyle Ringin has been named the First Amongst Equals at the 2026 40under40 business awards, taking out the top honour recognising Western Australia’s emerging business leaders. 

More than 600 people took to Crown to celebrate the tradie-turned-entrepreneur and 39 others in the 25^th year of the Business News awards gala on Friday evening.

Attendees were entertained with a night of performances by Williams Creative Co, Japanese Wadaiko ensemble Taiko On and DJ crossed with live music duo, The New Now.

Having judged most of the 40under40 awards since its inception in 2002, Business News senior journalist and chief judge Mark Pownall said WA has continued to offer up a diverse cohort of excellent candidates.

Choosing the winners, he said, remained a challenge from the beginning. 

“In our first year of 40under40, the judging panel caused a bit of angst for the event organisers by deciding to name two winners, because we could not split the tied pair,” Mr Pownall said. 

“One was from a family business, the other from corporate WA.

“I felt that start set the tone for 40under40.”

Now, a total of 1,000 of WA’s business leaders have been inducted as 40under40 winners.

“It is not about any one sector in this state – it isn’t just small business, or family business, or startup founder, or careerists who have made it on St Georges Terrace,” Mr Pownall said. 

“All of those can have a crack, and they have.”

Having undertaken an extensive interview and application process, Mr Ringin was recognised as both First Amongst Equals and the winner of the Family Business category. 

Working as an apprentice auto electrician and workshop foreman in Broome, he identified a gap in the Kimberley for a reliable, locally skilled trades provider.

That led him to establish maintenance, mining and civil solutions provider Kaynar Group with his wife and co-founder Shaylee Greechan in 2020. 

Mr Ringin has turned operating in extreme remoteness into a competitive advantage, all while delivering real impact for WA’s north. 

Kaynar Group has grown rapidly over the past five years in both revenue and staff, employing more than 130 people. 

But Mr Ringin‘s secret to success is simple – to seize any opportunity when it comes. 

“One of our clients had a need for a mining provider when their current mining provider left,” he said after receiving the top honour. 

“We stepping in without any right to be doing that, and delivered a mining program for six months to an exceptional standard that taught us we can deliver other disciplines as well.”

Using a people-first approach, Mr Ringin continues to build his local workforce and create opportunities for both Indigenous and non-Indigenous remote youth through apprenticeships, TAFE and community partnerships. 

“We are a people business and we trade in time but our product is trust, and this represents that,” Mr Ringin said. 

First Amongst Equals finalists Jessica Wilson, Ben Smith and Kyle Hoath missed out on the top honour, but all won in other categories. 

Ms Wilson, a Yindjibarndi and Njamal entrepreneur and artist, took home the Indigenous Business award.

As the founder of Seven Sisters Collective, she helps find opportunities for Indigenous artists on large projects and builds education among businesses.

After a career spanning hyper-growth consumer brands, Mr Smith’s leadership as chief executive of alcohol, drug and mental health support provider Holyoake earned him the Community, Social Enterprise or Not for Profit award.

And Dr Hoath, a defining voice in the state’s medical and civil leadership, won the Small or Start-Up Business award. 

The consultant psychiatrist and newly elected President of the Australian Medical Association WA co-founded Oqea – a technology platform modernising mental health care.

The Pantry Group founder Sam Kaye was recognised with the People’s Choice award – recognising his journey which went from working at Daisies Cottesloe to owning the cafe alongside three other hospitality venues. 

The other major category winners include:

You can read more about each of the winners in the May 18 edition of Business News’ print magazine, which will also be available online.

Congratulations to all of 2026’s 40under40 winners:

Kyle Ringin: Kaynar Group 

Jessica Wilson: Seven Sisters Collective 

Ben Smith: Holyoake 

Kyle Hoath: Oqea 

Sam Kaye: The Pantry Group 

Zoran Aleksic: PCH Civil 

Stephen Tormey: Bennco Engineering 

David Gozzard: The University of Western Australia 

Libbi McLean: Pragma Lawyers

Justin Barnes: Rocket Launcher 

Tandin Dorji: Kingston International College

Joshua Wigley: Hyperion Systems

Mathew Wilson: Wilco Maintenance Solutions

Matthew Oldakowski: Earflo

Rowan Streater: Mayfair Building Co

Simon Grantham: Xcircle

Kane Smith: Smartfix

Alastair Mackenzie: Buddiup

Curtis Reddell: Therapy Focus

Benn Ellard: White Spark Pictures / Surround Sync

Jo Gibb: Coliving Collective

Mark Bond: Consolidated Electrical Solutions

Luke Whelan: Perth is OK! / Social Meteor

Kassia Kazmer: Prospex Group

Michael Agostino: Trendsetter Homes / Select Living

Andrew Dornan: Sun Silver

Damien Wragg: Trainwest 

Ashley McGrath: CEOs for Gender Equity

Isabelle Charter: Betterlabs

Jeroen van Dalen: Integral Development Associates

Mathew Bouse: La Vida Homes

Bianca Lore: Wiimali Co

Owen Hightower: RFF 

Harriet Page: Page Advisory

Catherine Hyde: Amity Resources

Rachel Falzon: Women in Defence Association

Eli Barlow: Funday Entertainment Group / Lavender Estate

Jonathan Cover: JPS Management and Execution / Safe Isolation Australia

Mark D’Alessandro: Contec Australia / JCM Property Group

Samantha Johnson: Sexual Health Quarters

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Ronojoy Banerjee
Communications Lead – Finance

Good morning, and a very warm welcome to this Volvo Cars press conference, where we will be talking about our first quarter financial results and our strategic direction as a company.

My name is Ron. And as always, this morning, I’m joined by our President and Chief Executive, Hakan Samuelsson; our Chief Financial Officer, Fredrik Hansson; and we’re also joined by our Chief Commercial Officer, Erik Severinson. At the start of this press conference, Hakan, Erik and Fredrik will walk us through our performance. And thereafter, we’ll throw it open for a question-and-answer round.

You can participate in the Q&A around in two ways. [Operator Instructions ] I’ll come back with more information ahead of the Q&A round.

But for now, I’ll hand it over to you, Hakan.

Hakan Samuelsson
CEO, President & Director

Thank you, Ron, and welcome to the presentation of our quarter 1 result. It has been a mixed bag quarter. I mean external factors, extremely turbulent geopolitical situation, tariffs, currency also has been negative for us. Altogether, that has given us a revenue drop of 12%, 11% volume drop.

But we have also seen a very successful internal work with cost and cash. And that is really the reason why we have closed the quarter. Despite 11% volume drop, we have a profitability level more or less equal to first quarter last year. And that is thanks

Abel said Berkshire’s insurance underwriting results benefited from light catastrophes in the first quarter. He added that property and casualty market conditions are becoming more “challenging” in what insurers call a softening market. He’s echoing comments from other insurers recently.

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