Wes Maas

February

The Brief

Trump tariffs shake Australia; Investing tips for shifting markets; Rich Lister drops $19.5m on Manly home

Read everything that’s happened in the news so far today.

Feb 14, 2025

December 2024

Opinion
Chanticleer

The new year offers plenty of potholes for investors, so we’re looking long term.

10 top fund managers reveal their long-term stock picks

With valuations stretched and geopolitical tensions high, the new year offers plenty of potholes for investors. We asked stockpickers to cut through the noise.

Dec 28, 2024
James Thomson

November 2024

Mergers & acquisitions

Wes Maas at the Maas Group’s company headquarters in Dubbo. It announced on November 28 the acquisition of three businesses - Cleary Bros in NSW, Capital Asphalt in the ACT and a quarry and land holding just outside of Melbourne.

One of the few remaining building groups on the ASX hits the gas

Maas Group was founded by former Rabbitohs player Wes Maas two decades ago. With three acquisitions in one day, it is turbocharging its expansion plans.

Nov 28, 2024
Simon Evans

Street Talk

Wes Maas started his company with $14,000, a bobcat and a tip truck.

Maas Group launches big capital raise to fund acquisition-led growth

The Dubbo-based construction materials and equipment services giant was founded by businessman Wes Maas and has a market capitalisaton of $1.47 billion.

Nov 28, 2024
Sarah Thompson, Kanika Sood and Emma Rapaport

June 2024

Exclusive
Luxury property

Rich Lister buys Manly’s most expensive home

Maas Group’s Wes Maas and his wife Emma have emerged as the buyers of Manly’s most expensive home for around $35 million.

Jun 21, 2024
Bonnie Campbell

July 2023

Opinion
Rich Bosses

Matt Heine and his father Michael floated Netwealth in 2017.

Why investors love a Rich Boss – and how to get more of them

The Rich Bosses list reads like a roll of fund managers’ market darlings or private equity’s big misses. It’s all about backing a founder.

Jul 14, 2023
Anthony Macdonald

July 2022

Street Talk

Wes Maas is set to tip into a $100 million capital raising at his company, Maas Group.

Maas Group in $105m raising at $4/sh

Contractor Maas Group is in front of investors seeking $105 million.

Jul 28, 2022
Anthony Macdonald, Sarah Thompson and Kanika Sood

April 2022

Opinion
Chanticleer

Looking for long-term value makes sense in a volatile market.

Fundies name their top long-term picks

Volatile markets mean investors need to think well ahead, so we asked six fund managers to do just that.

Apr 4, 2022
James Thomson

November 2021

How I Made It

Wes Maas )left) at pre-season training for South Sydney at the end of 2001. He would rush from training to work another job.

The seven secrets to Wes Maas’ success

Wes Maas went from one bobcat to building a $1.3 billion company. Here are his seven tips for success in business and life.

Nov 16, 2021

How I Made It

Wes Maas is managing a $1.3b industrial group from Dubbo, where he plans to stay.

Why Dubbo is the best place to build a $1.3b company

Wes Maas left an NRL career and spent $14,000 buying a bobcat in Dubbo. Now he’s managing a $1.3b company, and all without having to leave his home town.

Nov 15, 2021
Julie-anne Sprague

July 2021

Rich Bosses

Richest executives are younger than ever

There’s an increasing likelihood that your boss, who’s earning a lot more than you, could also be much younger than you.

Jul 23, 2021
Julie-anne Sprague and James Thomson

Rich Bosses

Kerry Stokes leads a growing group of executive chairman.

Meet the Rich Bosses who don’t have a boss

As tech and mining stocks boom, the number of executive chairmen on the Rich Bosses list is growing – even if the role still creates governance concerns.