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.
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.
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.
Mick Stroud has issued a supplementary prospectus for his Big Island Brewing Ltd after failing to secure $10 million from potential investors within the original prospectus’s three-month time frame.
John Poynton’s WA Business News Success & Leadership breakfast speech has been described as cathartic, which is a good word and appears to fit the situation well.
John Poynton has shed some fresh light on the events within Alinta Ltd that ultimately resulted in the sale of the business and significant public bloodletting.
Developers who have secured large commercial sites around Perth are wasting no time transforming them into business parks, with at least five new developments recently announced.
With less than four months until the first train rolls in to Cockburn Central, the local council is planning some significant development projects to inject new life into the city.
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.
The Wine & Truffle Co will officially open its cafe cellar door next week at its Manjimup property, about 10 years after the company set out to become a producer of the truffle delicacy.
ROTTNEST Island is one of my favourite places. I like it in the summer and the winter. I’ve escaped there as a kid, a young adult, on my honeymoon, and with my family.
Germany-based on-line learning course provider oncampus GbmH will use HarvestRoad Ltd's Hive digital repository system for its distance education programs, the Perth-based company has announced.
Perth-based asset management company PearlStreet Ltd will acquire Leighton Contractors Pty Ltd subsidiaries Metlabs and ITS for $32 million, the company has announced.
