A visiting Sydney-based infrastructure adviser has suggested Western Australia undertake a pilot project to recapture some of the value created by publicly funded capital works developments.
Two apartment projects on the outskirts of Northbridge have provided a window into the challenges facing developers in Perth’s multi-residential sector.
Perth is now home to 19 Piddington Justice Fellows, the first graduating cohort of a program that connects recent law graduates struggling to find compulsory work experience with cash-strapped comm
Diversified contractor AusGroup has shocked the market with a $69.8 million quarterly loss, admitting it has been forced to write off long-standing contractual claims in order to boost its cash reserves.
Marine services provider Bhagwan Marine has won a contract to provide its services to American company Foss Teras Marine on an oil and gas construction project in Russia.
Subiaco-based gold miner Perseus Mining has posted a fall in half-year profit to $12 million on the back of the weaker Australian dollar, but grew revenue by 5 per cent.
Special report: A subsidiary of global banking giant Goldman Sachs is backing a local private equity player to develop a freight hub near Bullsbrook, in anticipation of increased freight movements connected with the state government’s Northlink WA project.
OTOC has reported a strong rise in revenue and earnings for the six months to December 2015, helped by its acquisition of three east coast surveying firms and two big contracts in its infrastructure contracting arm.
Listed companies Alliance Aviation Services and Virgin Australia have teamed up to help grow their respective charter businesses in the national fly-in, fly-out market.
Shares in Perth-based explorer Apollo Consolidated have surged on news it has struck an agreement with gold miner Newcrest Mining for its Seguela project in West Africa.
Aurizon has swung to a half-year net loss of $108 million after taking higher-than-estimated impairments from its West Pilbara iron ore project amid challenging market conditions.
Gold prices have eased after soaring five per cent the previous day, pressured by profit-taking after the biggest rally in more than seven years, but the metal was still set for its best week in four years as investors rushed to safe-haven assets.
Western Australian MP Ian Goodenough has called for a ministerial review into the federal government’s tightening of offshore investment regulations, saying the policy change is having an unintended detrimental impact on property development.
Veteran Labor Party politician Alannah MacTiernan has confirmed she will not seek to stay in federal parliament after the election due later this year.
Cirrus Networks has announced non-executive director and IT entrepreneur Matt Sullivan will transition to the role of managing director at the company’s next general meeting.
The north-west coastal suburb of Alkimos is Perth’s best prospect for capital growth for property investors in 2016, according to research group Onthehouse.com.au.
Richard Johnson reckons he’d be a millionaire if he had a dollar for every time an adult walked into his laboratory at Rostrata Primary School and said: “Wow, I wish I had this when I was a kid.”
