Property analyst BIS Oxford Economics believes there is limited upside for residential property in Perth and says the market has yet to bottom out, contrary to the widely held view that the worst is over for Perth homeowners.
Perth entrepreneur Craig Mitchell and property funds manager Angelo Del Borrello are facing off over the future of four large roadhouses in northern WA, with the outcome having a big bearing on investors who pumped $22.5 million into four related property trusts.
Professional services firm Deloitte has posted a 15 per cent increase in revenue for the 12 months to May, as strong performance in its east coast operations offset challenging conditions in Western Australia.
Marine services business Bhagwan Marine is shifting its base of operations from Geraldton to Perth as part of cost-saving initiatives in light of continued tough conditions in the offshore oil and gas market.
Brierty has signed a new facility and debt restructure agreement with Bankwest that is conditional on the company's rectification plan at Rio Tinto's Western Turner Syncline project being approved by the iron ore miner.
Theoretically speaking, office workers in Subiaco have to wait about seven times as long as their Claremont counterparts for a morning coffee, an analysis of amenity levels across 50 suburban office markets has revealed.
Southern Cross Electrical Engineering has announced a number of contract wins worth a combined $100 million, with the majority of the work to be carried out by recently acquired, Sydney-based subsidiary Heyday.
About $29 billion has been wiped from the share market's value in its worst session of 2017, as lower oil prices and a souring outlook for commodities hit energy and mining stocks, and the negative sentiment infected the big banks.