Australia's construction industry suffered a slump over December and January due to the impact of the Omicron variant, continuing the sector's volatile run over the past six months.
Perth home values lifted 0.6 per cent in the first month of 2022, marking the highest monthly increase since May last year to take the average median house price to $531,243.
There has been another twist in the 120 Marine Parade saga, with developer Gary Dempsey mounting a lawsuit over the land sale that derailed his $22 million apartment plan.
The Supreme Court has ordered the sale of a multi-million dollar property in Bentley after a two-decade partnership between two Perth businessmen soured.
Perth-based rentals site rent.com.au has looked towards institutional investors to raise $2.5 million to lift the profile of its portable payments and planning app, RentPay.