Agribusiness Great Southern has signed a conditional agreement to sell its Queensland asset for a discounted $23 million as it posts an annual loss of over $64 million.
The state government is seeking public comment on a new rail-based transport connection in Kwinana to alleviate heavy vehicles using main roads between Fremantle and Forrestfield.
THE credit crunch continues to tighten conditions in the Perth property market, with some new apartment developments requiring close to 100 per cent pre-sale to proceed.
The Liberal-National government has moved to progress two of Perth’s most important urban redevelopments - calling for public comments on plans for The Link and Riverside projects.
Bedding franchiser Joyce Corporation has reached a deal to sell its Queensland property for $9 million, some $500,000 more than its valuation at the end of the 2008 financial year.
Western Australia is approaching the current global economic crisis from a position of strength with the strong growth in the resources sector having a widespread direct and indirect positive impacts on the economy.
The Shire of Wyndham East Kimberley and the Consolidated Pastoral Company have reached an agreement to upgrade a road, triggering the conversion of 16,000 hectares of pastoral land to freehold in the next step to expand the Ord River Irrigation Scheme.
THE state government has lifted the moratorium on the commercial production of genetically modified cotton in the Ord River Irrigation Area, renewing calls for it to move on the Ord Stage Two project.
SOUTH Perth-based property developer Finbar has put its majority owned Gateway office development, currently being built on the former Nutrimetics site on Albany Highway, on the market.
PERRON Group's shopping centre and office ownership has helped it comfortably absorb more than $100 million from downward revaluations of its equity investments.
THE Links Kennedy Bay golf course has been re-opened under new management with developer Mirvac taking over the role after the former manager was placed into administration.
THE residential population of the area encompassed by the City of Perth is forecast to double in the next 20 years, as the number of new dwellings and net migration numbers grow.
Privately owned investment company Perron Group’s shopping centres and offices have helped it comfortably absorb more than $100 million from downward revaluations of its equity investments.
The state government has announced it will lift the moratorium on the commercial production of genetically modified cotton in the Ord River irrigation area, boosting the prospects for a major expansion of the region.
Despite record low land sales, prices have steadied and there are early signs of a recovery in the residential property market, property developer Mirvac and the Urban Development Institute of Australia said today.
Superannuation Minister Nick Sherry has released a two-part discussion paper on the implementation of the government's superannuation clearing house measure and possible initiatives to reduce the number of lost super accounts.
The residential population in the city of Perth is booming, and forecasts predict the number to more than double in just over 20 years breaking the 30,000 residents barrier.
RESIDENTIAL developers are beginning to see the effects of sliding interest rates and boosts to the first homeowners grant, with some recording a significant increase in traffic through sales offices.
WHILE the top end of town chases the advertising dollar in securing chart-topping commercial acts to tour Western Australia, a niche market for musical entertainment has emerged with a different focus.
Property developer Nigel Satterley believes the Perth residential property market is virtually at the bottom of its downward cycle, with increases to the first home owners grant and the drop in interest rates injecting some stimulus into the market.
A major redevelopment of Belmont Park racecourse is back on the table after Planning Minister John Day today approved the advertising of a metropolitan region planning scheme amendment.
Property prices in most capital cities including Perth have plummeted in the September quarter, with house and unit prices flattened or posting negative rates of return in the past 12 months.
INDEPENDENT property valuers, Christie Whyte Moore and Valuation Partners, have merged to form what they claim is Western Australia's biggest property valuation company.
AT least four major shopping centres across Perth are poised for a change of ownership, including three of the Centro Properties Group's largest Western Australian assets.
Work to start on Victoria Quay A START will be made in the first half of 2009 on one of Perth’s most controversial construction projects, the commercial precinct at Victoria Quay overlooking the Frema
