Strong wages growth has outpaced the rise in Perth’s Consumer Price Index, which rose by 4.2 per cent through the year to the March quarter 2006, much higher than the national increase of 3 per cent.
Perth architects Sandover Pinder are leaving Subiaco for the city’s East End after buying the historic Cremorne Arcade Buildings on Hay Street for $2.6 million in April, with plans to extensively renovate.
Developer Saville Australia is about to unveil plans for its Emu Brewery site. which is likely to feature a total of 1,000 apartments housed in three of the city’s tallest residential towers.
Pure sponsorship is no longer the norm when it comes to philanthropy in the business community, as not-for-profit organisations develop more sophisticated relationships with their corporate counterparts.
The Western Australian economy has gone through an exceptional phase of economic growth and development over the past four years, and has gained further momentum so far in 2006.
When Damien and Dion Trinder swung open the doors to their new restaurant, The Pony Club, just over a week ago, they did more than introduce Perth to its newest restaurant - they further entrenched Mt Lawley as the state’s hottest food venue.
Western Australia has all the ingredients the rest of the world wants and is willing to pay for.
This has been the recipe for the success of the state, which is showing up its counterparts in every domestic economic indicator from house prices to state
We all know that Australia is benefiting from another resources boom – the latest in a long history of export-orientated, resource-led growth spurts that we have experienced since the gold rush of the 1850s.
PRIVATE developer Pivot Group Pty Ltd has signed a strategic alliance with Axiom Properties Ltd, which will provide Axiom with the first right to acquire each Pivot development project throughout A
All the stars continue to be aligned in favour of the Western Australian economy, on the back of a fourth successive year of above 30-year average real global economic growth.
It has been a year of record-breaking results in the resources sector as economic powerhouses China and India fuel demand and world prices for the majority of commodities continue their upward trajectory.
The impact of booming economic conditions and high commodity prices led to a stellar year for the state’s finances in 2005-06, with a record $2.26 billion operating surplus.
Western Australia’s strong economy has produced an extraordinary fall in the state’s unemployment rate to less than 4 per cent, a level many economists thought would never be reached.
Overwhelming interest in Western Australian property appears to have pushed the state’s median house price above $400,000 for the first time, and almost doubled the price of land in the year to June 2006.
Wholesale property syndicate operator Primewest Management Ltd has bold plans for Perth’s sole Lexus dealership after buying the East Victoria Park business from New Town Toyota managing director, Joe Zito, for an undisclosed sum last week.
A decision made in March by the Town of Victoria Park to refuse a controversial proposal for a 12-story mixed-use development near the Causeway may soon come back to haunt it, according to chief executive John Bonker.
Simon Devlin may have put cigars on the map in Western Australia, but his new venture may stamp his authority over the luxury good on a national scale.
State Scene is pleased to report that one of Western Australia’s most important, but largely unappreciated, post-war entrepreneurs is set to be recognised with publication of a biography.
The shortage of skilled labour is the biggest issue facing many Western Australian businesses. WA Business News reports on some of the innovative responses to the skills crisis.
Litigation funder IMF (Australia) Ltd has announced the funding of the first class action on behalf of investors in the various "mezzanine" schemes promoted by Norm Carey's failed property developer Westpoint Corporation Pty Ltd.
