Western Australian tycoon Stan Perron’s private investment empire has capitalised on the surging property and equities markets to record a bumper 2004-05 financial year net profit of almost $90 million, up 50 per cent for the period.

Western Australian tycoon Stan Perron’s private investment empire has capitalised on the surging property and equities markets to record a bumper 2004-05 financial year net profit of almost $90 million, up 50 per cent for the period.