Housing loan activity in Western Australia was the weakest in the nation in October, falling 3.2 per cent, with new data released today showing rising interest rates are taking their toll on home loan borrowers.
Australand Ltd is set to release another 12 premium marina lots with ocean views at its $900 million Port Coogee development, following the sell-out success of "The Peninsula" land release last month.
Creditors of failed biotechnology company Chemeq Ltd are facing losses approaching $40 million after its receivers failed to sell its land and buildings in Rockingham, which are its main asset.
One of Australia’s largest furniture retailers and importers, Nick Scali Furniture, will open its first Western Australian stores early next year, while plans are under way for a
The Real Estate Institute of Western Australia has highlighted the tight supply of commercial and industrial land in Perth, questioning the number of potential industrial lots, which reportedly stands at around 1,500.
Cedar Woods Properties Ltd and St Ives Group are busy planning their first joint-venture development, which could transform the former Carine TAFE site into an integrated residential, commercial, resort-style retirement and aged-care village.
WITH office space on Perth’s fringe in high demand, QUBE Property Group has acquired a 4,000 square metre site in Daly Street Ascot, with a view to redeveloping for office accommodation.
Sydney-based company, Compass Hotel Group Ltd, is forecasting strong revenue growth across a swath of high profile Western Australian pubs it plans to buy as part of a $190 millio
Sustainability and energy efficiency concerns are starting to have an impact on lighting design in Western Australia, according to architectural lighting firms.
Jandakot Airport Holdings and Harvey Norman Holdings Ltd have formed a joint venture partnership to develop a major homemaker and bulky goods centre in Jandakot City, the new commercial development adjacent to Jandakot Airport.
Minara Resources Ltd has successfully completed the largest and most comprehensive shutdown in the company's history at the Murrin Murrin nickel and cobalt project.
Making its debut on the Australia Securities Exchange today, construction and property development company Diploma Group Ltd shares closed 10 per cent higher at 55 cents, giving it a market capitalisation of $66 million.
Western Australia's Economic Regulation Authority has called for the establishment of a new government agency to faciltate private sector investment in the development of new water sources.
Mortgage Choice's annual consumer sentiment survey has found Western Australians are overwhelming positive about the state's housing market and economic future, despite the threat of further interest rate hikes.
The State Government is investing $1million to support industrial land needs in the Perth metropolitan area and Peel region by developing the General Industrial Land Planning Strategy.
An historic land agreement will accelerate housing availability in Port Hedland and provide local Aboriginal people with a strong stake in the town's future.
The residential and commercial sectors have posted strong profit results for the September quarter, despite Western Australia’s labour and material shortages, according to a quart
Two months after the accountants at Bentleys MRI Perth joined the Grant Thornton network, they have undertaken a striking refurbishment of their West Perth office.
The green building movement sweeping Australia’s commercial office market looks set to leave some concrete casualties in its wake, as large investors look to sell their non-green assets.
Community group Save Perth Hills Inc has formulated a draft plan to protect the area from widespread development under rare state planning legislation.
South West hotel operators looking to cash in on the booming tourism industry are committing millions of dollars to expansions and major refurbishments, amid strong competition at the top end of the market.
As part of a strategic review of its business, Axiom Properties Ltd has established a Property Funds Management Business and is looking to raise $100 million to invest in development assets.
Agricultural and forestry fund manager, Great Southern Limited, has recorded lower than expected project sales revenue on the back of legislative uncertainty surrounding non-forestry managed investment schemes, driving its 2007 net profit down 29 per cent
Planning and Infrastructure Minister Alannah MacTiernan has responded to criticism of State government funding for local raods, saying state budget allocations have grown by an average of 16 per cent each year since 2004-05.
Como-based property developer Port Bouvard Ltd has secured approval from the City of Mandurah for its planned Eastport Stage 5 development, realising the last stage of canals subdivision at the Port Bouvard Canal Estate in Mandurah.
Australia's largest residential land syndicator, Peet Ltd, is set to launch its first syndicate with land in three states, as part of a move to offer investors greater diversity.
The State Government has named Alcock Brown Neaves Group subsidiary Hale Investments Pty Ltd and a Cedar Woods/St Ives consortium as preferred partners for residential developments at the Kwinana Education Complex and Carine TAFE campus.
If ever there were a single indicator of the strength of Western Australia’s economic good fortune, tycoon Stan Perron’s private investment empire would be it, having basically trebled its profits in just four years.
