Perth-based online gaming company VGW Holdings, founded by ‘young rich lister' Laurence Escalante, has achieved spectacular revenue growth over the past year and reported its maiden net profit.
Perth's semi-professional baseball team, Perth Heat, has been purchased by a private consortium that is led by business executive Rory Vassallo and includes Eileen ‘Red' Bond and broadcaster Christian Galapolous.
Perth businesspeople are surprisingly prominent on the latest BRW young rich list, with a local apartment developer ranked number three with an estimated fortune of $536 million.
A major shake-up in the national child care industry has resulted in the owners of five Western Australian chains reaping an estimated $150 million from the sale of their businesses this year.
Rory Vassallo, who sold his portfolio of childcare centres to listed company G8 Education earlier this year, has been appointed to head R Marine's Perth dealership.
Western Australian childcare entrepreneur Rory Vassallo has sold his portfolio of centres to listed company G8 Education, which has announced two major national acquisitions in the space of six weeks.
IT should come as no surprise that the biggest and most common issue confronting a bunch of successful Western Australian companies is that of labour - getting and keeping the skills they need to meet the strong demand they are seeing.
