Property

A complaint has been lodged with the corruption watchdog against Premier Colin Barnett for alleged misconduct over the removal of a Peppermint Grove property from the state heritage list.

The median house price in Perth has risen by 3.5 per cent, or $15,000, in the June quarter as more owners traded up to more expensive homes while the rental market's vacancy rate is now higher than normal, new data shows.

The secret to successfully managing an expanding privately owned business is to act like it’s public, according to John Georgiou.

THE Residential Development Council of Australia has forecast the need for 17,000 homes per year for the next five years, warning of further house price rises if that demand was not met.

WESTERN Australia's construction sector has been boosted with the awarding of $342 million in contracts to builders across the state as part of the federal government's infrastructure funding program.

Perth-based Axiom Properties has agreed to sell the residential component of a Melbourne property site for $17 million, with funds to be used to reduce debt levels.

Nearly 11,000 new vehicles were sold in Western Australia last month, down 6.3 per cent on the same time last year, new figures show.

The company born out of the collapse of one-time biotech high-flyer Chemeq Ltd has signed a manufacturing agreement with French chemical producer Arkema.

THE University of Western Australia has vowed to press ahead with its contentious development of bushland at Shenton Park, despite suffering another setback last week.

A MAJOR barrier to expansion in Perth's retail sector has been lifted with the release of the state government's draft 'activity centres policy', according to the peak industry council.

PREMIER Colin Barnett has announced changes to the planning process that will establish the Department of Planning as the lead agency in major redevelopment projects, including the Perth waterfront and Northbridge Link.

House values in Perth have bucked the national trend, dipping 0.5 per cent during the first five months of the year, new figures show.

Advertising agency 303 has been brought on board by The Perth International Arts Festival (PIAF) for next year after incumbent agency, Block Branding decided to resign the account two weeks ago.

Centamin Egypt has stepped up to producer status after it achieved first gold pour on schedule at its Sukari operation, the first commercial gold mine in Egypt.

PERTH could soon have a new tourism and entertainment precinct at Belmont Park after Planning Minister John Day tabled a rezoning amendment in parliament last week.

PERTH-BASED property investor Aspen Group has warned it will be forced to dispose of properties in one of its unlisted funds at fire sale prices should an attempt to raise money from the already embattled unit-holders fail.

PUBLIC buildings won most of the gongs at last week's Australian Institute of Architects (WA) awards, but it was a masterful apartment development in Cottesloe that scored the top award.

Strong demand has prompted Landcorp to bring forward the release of 36 lots at Baynton West in Karratha, with land and house-and-land packages for sale by private treaty.

West Perth-based explorer Iron Ore Holdings has signed a key native title access agreement covering its central Pilbara iron ore projects.

Local governments will have the capacity to issue infringement notices against land developers under a new set of planning regulations set to come into effect at the start of next financial year.

A large proportion of Western Australians planning to buy an investment property are delaying their purchase until the federal government's first home owners boost expires, a new survey shows.

The Brand Agency will continue its two-and-a-half year relationship with land development agency LandCorp, after it secured a new contract.

Macquarie Office Trust has highlighted the uncertain nature of the property market with its third local sale, offloading a West Perth office building for 16 per cent below its recent valuation.

Perth investment company Wyllie Group has bought out its joint venture partner, Charter Hall Group's Diversified Property Fund, from a Melbourne property portfolio for $18.3 million.

Nick Perrignon will part ways with Stockland to join prominent Western Australian developer, Satterley Property Group, in September.

The state government is calling on potential water service providers to tender for the $391 million expansion of the Ord River irrigation scheme.

Plans for a major resdential development at Belmont Park racecourse have moved a step closer after Planning Minister John Day today tabled amendments to the metropolitan region scheme.

WESTERN Australian architects and builders are set to cash in on the federal government's latest building industry stimulus package.

THE Shire of Busselton has approved residential and tourist development plans for Smiths Beach nine years after development was first proposed.

THE decision by Planning Minister John Day to approve a major residential development south of Moore River has sparked outcry among opponents and applause from property developers.

The next 12 months will be a critical time for building contractors in Perth as latest research shows commercial sub-contractors cut costs by 3.7 per cent in the March quarter

VDM Group expects to book an operating loss for the 2009 financial year as current business conditions result in a write off of goodwill by up to $85 million.