Rita Saffioti says she was surprised that Finbar Group's Civic Heart proposal was not approved. Photo: Attila Csaszar

Minister weighing South Perth planning intervention

Planning Minister Rita Saffioti says the state government is assessing whether it needs to intervene following the rejection of Finbar Group’s $365 million Civic Heart proposal in South Perth by planning authorities.


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Any interference by the Minister would be intolerable for a project that clearly and opportunistically exceeded the original intention of the planning height restrictions. Fully accept the need for development but this is clearly an abuse of the process and local community by a series of unconscionable appeals.

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Finbar Group (FRI)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 31/10/19

1 year TSR5 year TSR
222ndBWP Trust27%17%
319thFinbar Group8%-3%
340thPrimero Group4%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$38k Bought
$58k Bought
$58k Bought
Total value as at the date of the transaction
Source: Morningstar


29th↑Finbar Group$156.8m
30th↑BWP Trust$156.3m
31st-Primero Group$151.5m
197 listed industrial companies ranked by revenue.
Source: Morningstar

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