Another set of figures has underscored the doldrums facing Perth property, with RP Data's monthly look at the housing market showing Perth has overtaken Brisbane as the nation's worst performing capital city.
Western Australia-based resources firms Crescent Gold, Latin Resources, and Hot Chili have each announced strong interest and oversubscriptions to capital raisings collectively worth around $16 million.
West Perth-based property developer Cedar Woods has announced a major leasing agreement with supermarkets giant Woolworths to underpin its $1.5 billion master-planned residential community, Williams Landing, in Melbourne.
Gindalbie Metals says its Karara iron ore development has made a significant step towards full-scale production after awarding mining contractor Brierty a $185 million contract for hematite mining services at the Mid West project.
Perth-based Beadell Resources has targeted March next year to begin producing gold from its Tucano project in Brazil, after signing a $75 million deal with Ausenco to manage the delivery of a processing plant at the mine.
A private consortium backed by Lend Lease and Probuild has won the right to design, build and operate a $140 million multi-storey car park at the QEII Medical Centre under a public private partnership.
Regional Development and Lands Minister Brendon Grylls has announced $20 million in royalties for regions-funded infrastructure projects for the Pilbara.
Financial planning firms Shadforth and Snowball have announced their intention to merge to create a $14.3 billion wealth management business with 188 financial advisers nationally.
AUSTRALIA'S listed property sector was savaged by the global financial crisis but Perth-based Aspen Group has battled more than punitive market conditions in the past year.
Construction and land development in Western Australia were granted a few green lights in the state budget handed down by the Barnett government last week, as plans to expand the city create a likely list of tenders up for grabs.
HE'S chairman of the East Perth Redevelopment Authority and heads up the Perth Waterfront Taskforce, but don't call Stuart Hicks powerful; instead, he says, it's influence he's wielding to build a 21st century face for the city.
LAST week's standoff between the federal and state governments over mining royalties overshadowed the news from Shell that it had given the green light to its $11 billion Prelude floating LNG project.
SERCO is a company that Western Australians are becoming increasingly familiar with, since it became preferred tenderer to supply non-medical services to the giant Fiona Stanley Hospital project rising near the Kwinana Freeway at Murdoch.
Construction and development group Pindan has won its third major contract in two months, after being awarded a $22 million mine camp deal by Fortescue Metals Group.
Rental growth in Perth's CBD office market is set to outperform the national average over the next five years, thanks to ongoing expansion in the resources sector, with forecasts tipping the vacancy rate to drop under five per cent by 2014.
Nickel miner Mincor says it is entering a new era of acquisitions and opportunities outside its home base of Kambalda after entering a $30 million joint venture covering a group of highly prospective gold and copper tenements in Papua New Guinea.
