Western Australia’s robust non-residential property market has delivered a tax windfall to the state government, although rising costs have partially offset the gains, according to the government’s mid-year budget review.
Montagu Stockbrokers has jumped ahead of rival stockbroking firm DJ Carmichael & Co in terms of number of advisers it employs, according to the latest survey of the industry by WA Business News.
As student enrolments are finalised for the new academic year, Western Australian universities are on track to meet their targets, despite a continuing decline in the number of applications from mature aged students.
The state government is looking to open a Small Business Training Institute in Perth later this year to provide small business managers and owners with access to a one-stop-shop business training facility.
Some charities and non-government agencies in the human services sectors are set to benefit from a boost in funding, after a revision of the state government’s indexation policy delivered an extra $36.3 million for organisations over the next three years.
The holiday season is usually a slow news period, but one very important announcement that came out between Christmas and new year was the state government’s mid-year budget review.
Barrack Street Jetty’s Halo restaurant has secured the services of Shane Keighley, the renowned head chef at the Mullaloo Beach Hotel’s Panorama Bar & Restaurant.
State Scene hopes opportunities arise during 2008 that will enable a historical assessment of recent contemporary events, making them more meaningful in the wider context.
An informal survey of investment bankers and corporate advisers has highlighted Wesfarmers’ $20 billion takeover of Coles Group as the top deal of 2007.
Patersons Securities posted a record $1.26 billion dollars in capital raisings last year, up more than 50 per cent on the previous year and a result that has returned the Perth-based stockbroker to the top position for equity capital raisings during 2007.
Western Australia’s commercial office market notched up almost $1 billion in sales last year, and while some analysts predict the same heights may not be reached in 2008, market fundamentals indicate that strong growth is likely to continue.
The performance of WA's industrial property market during the past 12 months has more than matched the commercial sector, with record sales and rents being generated, although prices are tipped to level out as more supply comes on to the market in 2008.
PEET Ltd has launched its wholesale funds management business with the completion of a $300 million wholesale land syndicate for Alkimos, 40 kilometres north of Perth.
The Melbourne-based builder behind Perth’s iconic $1.3 billion Capital Square apartment development on the former Emu Brewery site, Contexx Pty Ltd, has pulled out of the project, leaving developer Saville Australia to negotiate a new contract.
The crisis in the US housing market has led to mounting concerns about the global economic outlook, but recent analyses have concluded that Western Australian exporters have little to worry about.
VICTORIA Park-based property group Tasica Developments Ltd has launched a prospectus to raise up to $5.5 million to help fund the development of a 75-lot residential subdivision in Baldivis.
Former Evans & Tate executive chairman Franklin Tate is poised to make a comeback to the wine sector this year with the launch of a wine distribution business.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry of Western Australia (CCI) with the support of the WA Government’s Department of I
BankWest Kewdale Business Centre has appointed Eddie Bencic as regional manager. Mr Bencic has worked for BankWest for the past two years and was previously with Commonwealth Bank for 26 years.
It is fitting that the life and legacy of Sir Charles Court, the trade unionist’s son who became Western Australian Liberal premier, be celebrated when the state is in the midst of an unprecedented time of economic prosperity.
With only 7,000 square metres of office space remaining in the CBD and West Perth, and rents already passing $800 per square metre this year, property analysts expect developers will head for Perth’s fringe suburbs to boost office stock
Atomic Resources Ltd - Thomas Neff and Patrick Michaels have been appointed as directors. Azumah Resources Ltd - - Non-executive chairman Stephen Stone has been appointed as executive chairman.
Wine pioneer Dr John Lagan was a hard-working wine enthusiast rather than a businessman, according to his son, Conor, who joined members of the wine industry, former patients and friends at a memorial service for his father last week.
