Latest Headlines

Bonds may draw GST boost

From 1 July 2000, the tax situation of life companies is changing.

Trust assets to hit pension payments

Federal legislation to be introduced as early as July this year will affect all benefit and pension payments, except the Family Payment, from 1 July 2001.

Business market holds banking future: NAB boss

THE future of the banking industry lies with the lucrative business banking market – not small retail customers – says newly appointed National Australia Bank Australian Financial Services CEO Mike Pratt.

Ezier banking hits WA

THE INCREASING number of banking services available in the retail environment are helping busy business people save time.

St George in pursuit of Scot

ST GEORGE Bank is to acquire the Scottish Pacific Business Finance Group for $42 million.

National makes number one

INDEPENDENT research house ASSIRT found National Australia Bank has consolidated its position in the funds management industry, receiving the number one ranking in terms of net inflows for the March 2000 quarter.

Electronic money moving a priority

THE ABILITY to move capital electronically is a key priority for business banking clients, says HSBC head of corporate affairs Colin Neathercoat.

Internet banking an SME plus: survey

INTERNET banking is helping small-to-medium enterprises save time and energy, according to Small Business Development Corporation managing director George Etrelezis.

25-year business loan launched

A business loan with twenty-five years to repay is being offered for the first time in Australia.

Moorings development raises security bar

THE $57 million Moorings development in North Fremantle has raised the bar for security levels in the Perth property market according to project director Andrew Lang.

Mt Henry releases nine more

A FURTHER nine residential lots have been placed on the market at Mt Henry estate, Salter Point as part of Stage 4B.

E-com to benefit quality property

QUALITY industrial property will be the sector with the most to gain if electronic commerce does eventually make inroads into retailing in Australia according to the May Property Market Review by Macquarie Bank.

Property props up WA finances

The recent State budget confirmed the continued reliance of the State Government on the property industry for revenue.

Peet to form land syndicate

A NEW land syndicate will be formed in the next few weeks by real estate agents and developers Peet & Company Limited that aims to raise about $2.8 million.

East Perth gains set to continue

EAST Perth will continue to enjoy strong price growth as long as more commercial and shopping facilities are incorporated into the area, says Hegney Property Valuations managing director Gavin Hegney.

Lifestyle decade dawning

THE coming decade is shaping up as the lifestyle decade with lifestyle housing one of the biggest stories in the residential sector, according to a report by Macquarie Bank.

Perth draws Indonesian funds

Australia is the number one destination for Singaporean, Indonesian and Malaysian property investment funds sent overseas, Peter Thng of HSR Realtors told a joint Property Council of Australia and Chinese Chamber seminar recently.

Perth property owners communicating

Building owners and telecommunications companies are gradually reaching agreements on access to enable installation of telecommunications facilities.

Fire protectors admit furphies

Two fire protection service providers have admitted misleading clients about services not provided, following investigations into the industry by the Australian Competition and Consumer Commission.

Lessors shortchanged

Treasury is continuing with plans to move depreciation benefits from property owners to tenants, with new criteria proposed that could affect nearly every property lease in Australia.

SW budget winner: Kierath

THE South West will receive a major boost under the budget, according to Minister Assisting the Treasurer Graham Kierath.

Wespine beefs up Dardanup Mill

TO MEET demand stemming from the building industry, Wespine Industries is under-taking a $10 million expansion of its Dardanup Mill.

Region shows off options

PERTH-based conference and meeting organisers were offered the choice of a smorgasbord of venues at the inaugural South West Showcase.

Coalfields now officially open

THE $5 million Coalfields project undertaken by Henry Walker Eltin Contracting was officially opened by Transport Minster Murray Criddle recently.

$10m to commission

A NUMBER of initiatives are outlined in the State budget in relation to the South West Development Commission.

Camp Greenhill

Perhaps it was the shrine to Princess Diana, or maybe the portraits of Queens past and present on the walls. Maybe it was the sheer amplitude of glossy antiques, bric-a-brac, gilt, crystal, coloured glass, silver, mirrors and a hundred other rococo flouri

Report slams tax schemes

ONLY two of WA’s plethora of rural tax investment schemes have good prospects according to a scathing report by Van Eyk Capital.

Tourism boom proves no boon

INCREASING tourism numbers attracted to the South West has not made life for many tourism operators any easier with some battling to survive.

Owners not always masters of domain

DOMAIN name owners should be aware their precious asset could be up for grabs if re-registration notifications are ignored.