ADAMS Group founder Adam Barnard has sold his stake in Western Australia’s biggest tour operator and will step down as a director on March 1, but will remain involved with the company as a consultant to guide it through an expected phase of rapid expansion in the state’s tourism sector.
The long-anticipated expansion of Galleria Shopping Centre in Morley has been deferred, just days after receiving final planning approval, though its co-owner has committed to a $63 million expansion of Ellenbrook Central.
Developers across Perth’s CBD are positioning themselves to ride the city’s next wave of office development, with options for tenants with large space requirements becoming scarce despite an overall vacancy rate of 18.5 per cent.
A company that supplies and installs underground services and its director have been fined a total of $69,500, and ordered to pay $4,391 in costs, over an incident in which a worker sustained serious permanent injuries.
Western Australia will know as early as next year if Woodside Petroleum's Scarborough, Pluto and Browse gas projects, worth a combined $36 billion, will be given the green light, as the business posted a 28 per cent rise in profit today.
Carnarvon Petroleum has launched a $50 million share placement, with the funds set to primarily progress the commercialisation of the Dorado oil discovery, as part of its Phoenix project, located in the North West Shelf.
Perth-based consulting firm Sustainability and Brisbane-based sub-consultant OSD have been contracted by the European Bank for Reconstruction and Development to work on a major gas pipeline in Eastern Europe.