After a rapid turnaround in the commercial property sector during the past year, property commentators are forecasting a bumper five years ahead, with the market riding on the back of the bounding resources economy.
AFTER weeks of searching and deliberation, Delizioso owner and chief pizza artisan, Raffaele Brotzu, has decided to open a second pizza outlet in Perth.
Listed property group Stockland has filed a development approval to construct a $23 million shopping centre in Baldivis with the intention of increasing its retail presence in Western Australia.
Melbourne-based fund manager SAITeysMcMahon has been confirmed as the buyer of Wesfarmers House on the Esplanade, paying $47.5 million in the second biggest property deal of the year.
Last week's in-camera parliamentary privileges committee hearings on Liberal leader Matt Birney's financial interests statements raised a host of questions that will hopefully be addressed before Christmas.
‘Unintended consequences' is one of those marvellous expressions which, when translated, simply means we have no idea what will happen after we change the rules.
The good times are continuing in the Perth office market, with almost $400 million worth of CBD property changing hands this year and local investors weighing in heavily alongside interstate and international buyers.
HEALTH fund HBF managing director Mike Gurry has highlighted the rising cost of medically implanted prostheses, which amounted to $52 million last year, as well as operations and doctors' fees, in
Margaret River wine pioneer Dr John Lagan has seen his Xanadu Wines collapse and its major assets sold to eastern states interests. In the process shareholders, his family included, have lost millions of dollars. Mark Mentiplay reports
As the gutted shell of Xanadu Wines, the renamed Global Wine Ventures, considers its options, the Rathbone family is moving quickly to re-establish founder Dr John Lagan's vision of Xanadu as a premium Margaret River wine and tourism icon.
The state's recently passed Mining Amendment Bill may aim to provide greater incentive for mineral exploration, but concerns remain that the current production boom is blinding decision makers to the decline in exploration spending.
The big spenders in the September quarter may represent a vastly different group but one commodity group that stands apart from the iron ore hunters is the diamond explorers.
The wealthy and private Caratti farming family has been linked to a major CBD office deal of this year, the $11.3 million purchase of 218 St Georges Terrace.
Health fund HBF managing director Mike Gurry has highlighted the rising cost of medically implanted prostheses, which amounted to $52 million last year, as well as operations and doctors' fees in his annual report to members.
Fast-growing cash flow lender Benchmark Debtor Finance has been acquired by two Sydney-based financial institutions, Allco Principal Finance and Balmain NB.
Action currently under way by the Australian Securities and Investments Commission against Westpoint Group hasn't swayed the enthusiasm of many property companies and lenders, who see mezzanine financing as a mainstream way of financing developments.
Was Peter Costello serious when he suggested reportedly he had no responsibility to investigate the background of Reserve Bank of Australia board candidate, Robert Gerard?
Clive Otto received some belated industry acknowledgment last week when one of Australia's best-read wine magazines, Winestate, named him the Australian Winemaker of the Year 2005.
The Dullsville tag irks many people in Perth but it refuses to go away. WA Business News responded to this problem by convening a forum of liquor, hospitality and tourism industry leaders to discuss what should be done about it.
The Liquor Stores Association of WA has crafted a compromise reform proposal that would allow independent stores to trade on Sundays but would maintain restrictions on chain stores owned by Coles Myer and Woolworths.
