Property

The state government has established a project team from Main Roads and environmental and engineering consulting firm AECOM to manage environmental approvals, engineering design and community engagement processes for the contentious Roe Highway extension.

With record increases in CBD office vacancies, major resources projects are tipped to prop up the market.

The science just doesn’t add up on climate change.

Top-end property sellers across Perth are feeling the pinch, discounting their homes heavily in order to make a sale in a normalising market.

Cruise operators in the Kimberley are branching out into new fields while keeping on course with their core business – showing Aussie tourists what’s in their own backyard.

FIGURES released this week indicate Perth's property market is on the rebound, with an 18 per cent increase recorded in the number of land sales this year.

THE long-running dispute over rents at Fremantle Markets could be near an end, after an independent assessment indicated the markets' directors have been charging fair rents.

Perth-based property fund manager Aspen Group will seek capital from external investors after failing to attract sufficient support from unit holders of one of its ailing property funds.

Anvil Mining has reached an agreement with international commodities trader Trafigura Beheer over a $US200 million ($A238 million) equity and debt financing arrangement for the expansion of the Kinsevere copper project in the Democratic Republic of Congo.

The state's property market has received another promising boost with new figures showing the number of land sales jumping more than 18 per cent in the 2008/09 financial year.

Sentiment in the state's property market is improving as the median house price in Perth increases by $20,000, according to final figures from the Real Estate Institute of WA out today.

The state government has taken a step towards extended trading hours with Commerce Minister Troy Buswell today establishing a support group to advise small operators on commercial tenancy issues.

The downturn in the property market has hit bedding franchiser Joyce Corporation which has accepted a $1.25 million lower offer for the sale of its Queensland property compared to an offer terminated in April.

LISTED Perth property developer Cedar Woods Properties has smashed its forecast profit for the year, booking net earnings of $9.3 million for the 2008-09 financial year.

Fremantle’s east end is in the spotlight, but there are questions over the most appropriate type of development for the area.

Western Australia's top end properties are among the most heavily discounted in the country's most expensive suburbs, according to new figures from RP Data.

Western Australia's house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau of Statistics said today.

Western Australians are a negative lot compared to the rest of the nation with nearly half responding to a home finance survey believing their property values will decline in the next quarter.

Perth's property market has today received mixed signals from latest surveys on house prices as building approvals surge 21.1 per cent, official data shows.

House prices in Perth have bucked the national trend, dipping nearly 1 per cent in the second quarter this year, a national survey shows.

THE owners of Kingsway City shopping centre in Madeley are "reasonably confident" of gaining the necessary approvals to redevelop the site, after the Supreme Court ruled the State Administrative Tribunal would have to re-examine the proposal.

THE redevelopment of Subi Centro is entering a new phase, with three mixed-use projects in the northern part of the suburb moving closer to construction.

THE cost of land in Perth is creeping higher, with the median price at $225,000 in the March quarter, but prices are more than 10 per cent lower compared to the same period last year.

THE tough conditions experienced by developers during the past six months have been reflected in half-yearly results, with major property developers Australand and Port Bouvard announcing significant losses.

West Perth-based Sipa Resources has signed a $16 million joint venture deal with Malaysian investment company Affluent Net over its two copper projects in the Gascoyne.

The cost of land in Perth is creeping higher with the median price at $225,000 in the March quarter, but prices are more than 10 per cent lower compared to the same period last year.

Child Protection Minister Robyn McSweeney has defended the sale of surplus state-owned properties, saying it is part of a strategic decision to fund the expansion of residential care services and not an attempt to meet budget cuts.

Twenty-somethings with a pretty face have nothing on the baby boomers, says real estate and recruitment entrepreneur, Kathy Dunlop.

THE Urban Development Institute of Australia hopes the state government's funding of a study of Carnaby's black cockatoos is the first step towards a more streamlined planning and approvals process.

Investors are returning to the market as the first homebuyer boost nears its end.

Distressed asset sales could become the saviour of many Australian businesses and possibly free up some much needed capital tied up in non-performing bank loans, a financial expert says.

Property developer Port Bouvard has booked a $29 million net loss for the 2009 financial year which includes a more than $30 million asset impairment charge as a result of a weakening property market.