Business News (Australia)

Business News
Managing EditorSean Cowan (2020-present)
CEOCharles Kobelke
Former editorsMark Beyer (2008-2011, 2017-2020), Mark Pownall (2000-2007, 2011-2017)
Staff writersMark Beyer (Senior Editor), Mark Pownall, Claire Tyrrell, Jack McGinn, Tom Zaunmayr, Nadia Budihardjo, Sam Jones, Isabel Vieira, Liv Declerck, Justin Fris
CategoriesBusiness
FrequencyFortnightly
Circulation45,000
PublisherBusiness News Pty Ltd
FounderHarry Kleyn
Founded1992
CountryAustralia
Based in41 St Georges Tce,
Perth, Western Australia
LanguageEnglish
Websitewww.businessnews.com.au

Business News (formerly WA Business News) is an independently owned business media organisation which provides a digital news service and fortnightly business magazine. Established in 1992 and based in Perth, Western Australia, their twice daily business alerts reach 45,000 email addresses and the magazine has a total fortnightly circulation of 11,100[1] and readership of 28,280.[2] Originally founded by Harry Kleyn and his business partners Vanguard Press as a fortnightly free circulation newspaper. In 2000, after finding new investors, the paper developed a digital edition and changed to weekly circulation. The new investors were represented on the operational side by Elton Swarts, the current Executive Chairman. The Editorial Department was also expanded. Business News moved to a subscription model in 2002.[3]

The newspaper publishes the Book of Lists, an annual business listing for Western Australia, two free Daily Business Alert emails delivered at 7.00am and 4.00pm, an industry alert Mining email as well as organising a number of events such as the 40under40 Awards, an awards program for young business achievers and the WA Business Awards, a program for Western Australia's most successful private companies. Business News also hosts the Success & Leadership breakfast series throughout the year, featuring highly regarded Western Australian business leaders, speaking about their own professional and personal journey of success, the "Politics & Policy" series breakfasts, featuring politicians from both sides of the political spectrum and "Sector Briefing" lunches highlighting the challenges and opportunities within different industries.

In 2013, the company re-branded to the new Business News name and expanded its pay wall around the digital assets. Subscribers have complete access to the web site, article archive and the most complete database on Western Australian companies and business people.

Business News also produces a weekly podcast, Mark My Words, featuring both previous editors, Mark Pownall and Mark Beyer, discussing the business news of the previous week, along with a daily podcast that wraps the news of the day, At Close of Business.

In 2020, Business News hired its first new editor in 20 years, as part of an ambitious plan to triple its subscription revenue by increasing its editorial offerings. It announced in March 2021 the size of its editorial budget had increased by 78 per cent over the previous three years, while subscription revenue was up by 53 per cent and advertising revenue up by 145 per cent in the same period. Events revenue almost tripled.[4]

Against all the challenges of the global pandemic Business News has continued to grow resulting in a complete brand refresh, podcast launch, app update, event series launch and hosting the iconic Breakfast with the Prime Minister, Anthony Albanese.

  1. ^ "Alliance of Area Business Publications Membership Overview". Archived from the original on 13 July 2007. Retrieved 6 August 2007.
  2. ^ Nielsen 2008, as quoted on Business News website
  3. ^ "WA Business News Corporate History". Retrieved 6 August 2007.
  4. ^ "Shifting gears in drive to success". 29 March 2021.