The state government has backed plans for a 700-bed workers camp at Karratha, despite opposition from the local community, after Woodside Petroleum launched a website that is meant to boost local employment on future gas projects.
Perth house prices have declined or remained steady in four of the past five months, according to the latest data from CoreLogic, while national values posted the first annual decline in more than five years.
The Supreme Court of Western Australia has approved an amendment to a restructure of embattled construction company Cooper & Oxley Builders that will leave unsecured creditors with between six and 13 cents in the dollar.
Broadening the scope of the state government's Metronet rail project to include existing station precincts as a means to deliver short-term development opportunities was among the key recommendations outlined in an Urbis report released today.
Iron ore maganates Gina Rinehart and Andrew Forrest remain in the top 10 of the nation’s wealthiest people, according to the 2018 AFR Rich List, which included 20 Western Australians out of 200 people listed this year.
BGC Australia is one of the state’s largest and most diverse business groups, with revenue last financial year in excess of $2 billion from its building, construction, property, contracting, trucking and manufacturing operations.
Sydney-based investor Rob Nichols has teamed up with Singapore-based investment fund GIC to buy the assets of Perth company National Lifestyle Villages following a review led by Sirona Capital director Kelvin Flynn, who has run NLV since October last year.
A national review has recommended all state governments establish a system of statutory trusts for building projects above $1 million as part of a package of measures to tackle the impact of company failures and late payments on contractors.
The Perth property market has recorded an increase in the price of new land sold and strong growth in land under construction in the March quarter, however annual data in a new report out today shows the market still has a long way to fully recover.
First State Super has made its first major investment in Western Australia, with the Sydney-based superannuation fund signing a $190 million funding agreement with Sirona Capital for the Kings Square Fremantle redevelopment.