The Reserve Bank has lifted the official cash rate by 25 basis points to 4.75 per cent after expressing concern about the risk of inflation rising again over the medium term.
The head of Australia's competition watchdog has taken a veiled swipe at Australia's big banks, declaring "price signalling" in public statements was a growing concern and should be subject to more stringent policing powers.
INDUSTRIAL estates across the metropolitan area are evolving into highly specialised industry-specific precincts, with an increased focus on office space and general amenity, according to state government agency LandCorp.
Although it's surrounded by the chaotic redevelopment of William Street, the Herdsman's new city store has already made an impression. Aimée Sargent reports.
Skilled labour shortages will continue to have an impact on the state's future growth and development prospects, especially in the minerals and energy industry.
Being seen to be tough on crime was an assured vote winner in the past, but recent setbacks to the government's stop and search powers have shifted the debate.
Premier Colin Barnett has announced the release of a large-scale development opportunity to revitalise Karratha's city centre as well as a plans to construct a new 2,500 home coastal community.
Pindan has been chosen to develop more than 300 houses on land next to LandCorp's existing Nickol estate in Karratha, while the state government has today also told local businesses they will be given priority at a different estate in the town.
THE continued reticence of Australia's major financial institutions to lend on property is providing opportunities for the syndicated funds sector to become a source of capital, fund managers and developers say.
OFFICE property analysts have noted a two-speed market emerging in Perth's central business district, with vacancy rates spiking in the city's eastern end and supply becoming tight along St Georges Terrace.
PERTH'S rapidly developing north eastern corridor has been officially recognised, with new industry research revealing Australia's fastest growing suburb is the Swan Valley's Aveley.
THE Australian dollar may have reached parity with its American counterpart, but the levels of philanthropy in Australia are not in the same ballpark as those in the US.