Yolk Property Group is developing a 161-lot lakeside residential estate at Champion Lakes that will feature innovative housing products, a recreational and hospitality precinct and an aged care facility, in partnership with Southern Cross Care on behalf of the Metropolitan Redevelopment Authority.
Gold prices surged to a near six-year peak overnight after the US Federal Reserve bank signalled it was ready to cut interest rates as early as next month to boost growth, triggering a sharp fall in the US dollar.
Canning Bridge IGA owner Greg Brindle’s efforts to overturn the approval of a $60 million Woolworths-anchored retail development in Mount Pleasant have been knocked back for a second time by the Supreme Court of Western Australia.
The Australian dollar gold price has passed $2,000 an ounce for the first time, according to The Perth Mint, with five WA-linked goldminers putting on a combined $1.3 billion of value in today’s trading.
Rio Tinto has experienced iron ore mine operational problems, particularly in its Greater Brockman hub in the Pilbara, causing the mining giant to cut its shipments forecast for the second time in around two months.
The Supreme Court of Western Australia has given a Nedlands sports club the green light to appeal its failed attempt at regaining a liquor licence, after its facilities where deemed not to constitute a sports arena.