Next week, Peet Ltd CEO Warwick Hemsley hands over the reigns to Brendan Gore. WA Business News caught up with Mr Hemsley to discuss his 22 years with Peet and its transition from a private WA company to a major national player.
Incoming Peet chief executive and former mining executive, Brendan Gore, has largely missed out on most of the boom times in the sector where he spent the first 14 years of his career.
Its days of pioneering land sales in Western Australia on terms of a one-pound deposit and interest-free repayments of 10 shilling per month may be long gone, but property stalwart Peet Ltd has not lost any of its entrepreneurial spirit.
Peet Ltd has started selling villas in the first of several planned new lifestyle retirement village projects as it moves to capitalise on the ageing baby boomer market.
The Director of the Art Gallery of Western Australia, Alan Dodge, will retire from his position later this year after 11 years service, Culture and Arts Minister Sheila McHale announced today.
Evans & Tate has signed a binding agreement with ANZ Bank and Pendulum Capital Pty Ltd that will see east coast wine player McWilliam's Wines Pty Ltd take an equity position in the Margaret River winery.
Oil and gas producer Woodside Petroleum Ltd has provided a huge kick-along to Western Australia's resources boom by approving the $12 billion development of its Pluto liquified natural gas project off the Pilbara coast.
The bulldozers may have left Albany’s historic Esplanade Hotel site in February, but work still has not begun on its $70 million futuristic apartment and hotel complex replacement.
Developer of the $400 million project at 140 William Street, Cbus Property, is on the lookout for tenants to occupy the site’s office and retail space component.
Western Australian not-for-profit groups will move to capitalise on changes to GST and deductible gift recipient legislation in the recent federal budget, which will come into effect this month.
We've covered Western Australia’s venture capital scene several times over the years, often featuring the argument that there is so little of it here that it makes it difficult for those seeking capital.
WhenWestern Australian companies want to raise large sums of capital, they usually have to jump on a plane so they can pitch to fund managers in cities such as Sydney, Toronto and London.
Investment bank Argonaut Group is planning to substantially expand its fund management activities by raising up to $125 million for two different funds.
Perth-based fund manager Oceanic Asset Management broke new ground when it established its first investment fund in 2005, and it plans to do the same when it launches Australia’s first specialist uranium fund this year.
Former BankWest and Perpetual executive, Robert Marie, has teamed up with Sydney-based fund managers Brian Eley (formerly of Patersons Securities) and Ben Griffiths to carve an unusual niche in the financial services industry.
Entrust Funds Management and Growth Equities stand apart from their peers in Perth because they shy away from mining and resources stocks, preferring to focus on industrial companies.
Homeowners who choose to sell their properties privately are finding themselves squeezed out of cyberspace as big industry players look to dominate internet advertising.
East Perth-based diamonds explorer North Australian Diamonds Ltd will spin-off its Northern Territory uranium assets through an initial public offer, raising up to $9 million, the company announced today.
A public swimming pool and more supermarkets are high on the wish list of the City of Perth community, as revealed this month in the first survey of residents undertaken by Perth council and the Property Council of Australia WA.
Increased activity among first-home buyers has helped provide some price relief in the June quarter, with the median house price falling $7,000, or 1.5 per cent, during the period.
Financial support from the corporate sector is becoming increasingly important for many organisations in Western Australia as government funding to the not-for-profit sector tightens.