The price of an overnight stay in Perth’s hotels has been on the rise during the past 12 months, and it’s likely to continue rising on the back of growing demand and a lack of new hotel developments.
Tucked away between Trinity and Carillon arcades in the underground walkway connecting St Georges Terrace with the city’s malls is a modest looking cafe-cum-lunch bar that packs a very healthy, tasty, punch.
The median Perth house price rose 1.1 per cent to a record $466,000 in the December quarter, slightly higher than the previous peak recorded in the March quarter last year.
After a 20-year career with Ernst & Young, Lui Giuliani has left the accounting group to establish a private equity firm with ex- KordaMentha executive Oren Zohar, Monadelphous chairman John Rubino, ex-Water Corporation chairman Tim Ungar and the director
With very little fanfare last month, Northern Iron Ltd managed to successfully conduct the year’s biggest mining float, raising $140 million to fund the development of an iron ore mine in Norway.
A large gathering is expected on Friday to say a formal farewell to Perth stockbroker and former Olympic medalist Tim Willoughby, who died last week while flying home from a holiday in the US with his family.
Former Australian Securities and Investments Commission regional manager Jamie Ogilvie has taken up a role as non-executive director of Argent Minerals Ltd, which has lodged a prospectus to raise $5 million.
The bitter takeover battle for Golden West Resources is set to continue after Fairstar Resources extended its takeover offer for the group until February 13.
New figures reveal that the median Perth house prices rose 1.1 per cent to a record $466,000 in the December quarter, slightly higher than the previous peak recorded in the March quarter last year.
Tap Oil has been forced to temporarily suspend production at its Woollybutt Field after problems with emergency shut down equipment aboard the Four Vanguard Floating Production Storage and Offloading vessel were discovered.
Perth-based internet company iiNet has revealed that it expects to post a 9 per cent increase in first half earnings following favourable stamp duty rulings on a number of acquisitions.
Perth stockbroker and former Olympic rower Tim Willoughby has died of a heart attack while flying home from a holiday in the United States with his family.
Montagu Stockbrokers has jumped ahead of rival stockbroking firm DJ Carmichael & Co in terms of number of advisers it employs, according to the latest survey of the industry by WA Business News.
Wine pioneer Dr John Lagan was a hard-working wine enthusiast rather than a businessman, according to his son, Conor, who joined members of the wine industry, former patients and friends at a memorial service for his father last week.
Barrack Street Jetty’s Halo restaurant has secured the services of Shane Keighley, the renowned head chef at the Mullaloo Beach Hotel’s Panorama Bar & Restaurant.
As popular commercial suburbs put up the ‘no vacancy’ signs, many businesses have been forced to look to neighbouring areas to find space to accommodate their growing enterprises.
Patersons Securities posted a record $1.26 billion dollars in capital raisings last year, up more than 50 per cent on the previous year and a result that has returned the Perth-based stockbroker to the top position for equity capital raisings during 2007.
An up-market wine bar planned for Leederville’s Oxford Street has been stopped in its tracks after the Town of Vincent rejected planning approval, leaving its developer nursing $30,000 in costs and considering taking the business to Melbourne or overseas.
Former Evans & Tate executive chairman Franklin Tate is poised to make a comeback to the wine sector this year with the launch of a wine distribution business.
Perth stockbroking and funds management company Euroz Ltd has posted a first-half net profit after tax of $14.5 million, a gain of 80 per cent on the previous corresponding period.
After several years of strong share price growth, many listed property players had a subdued 2007 as interest rate rises and soaring house prices hit the market.
John Langoulant’s role as the public face of Western Australian business for nearly four years is set to change in the new year when he takes on the role as chief executive at Kerry Stokes’ very private Australian Capital Equity Pty Ltd.
Plans by the City of Bayswater to reopen one of Perth’s grand old hotels, the heritage-listed Peninsula Hotel in Maylands, could be scuppered by the new owners of the neighbouring Peninsula Tavern.
An empty espresso cup and a trail of cigarette smoke drifting in the mid-morning breeze is the first sign that West Perth restaurant Julio’s will remain Italian in nature and flavour, despite owners Aldo and Connie Dichiera having sold the business they f
The owners of the Onyx Bar in West Perth plan to spend about $1.2 million developing a chic restaurant and bar at the base of Exchange Plaza, after buying the lease to the site from well-known restaurateur Warren Mead.
Rio Tinto will sell up to 15 million tonnes of iron ore on the lucrative spot market next year, which is likely to generate an additional $1.74 billion in revenue, the miner revealed today.
Nickel explorer Heron Resources Ltd has launched legal proceedings against Russian giant Norilsk Nickel in the Western Australian Supreme Court in a bid to gain access to the Bulong tenements near Kalgoorlie.
