Imagine changing the name of Kings Park to Kaarta gar-up, or river cruises that follow the route of the Aboriginal dreamtime’s rainbow serpent, the Wagyl.
Belated as it may be, the development of the Swan River foreshore to the south west of the CBD has actually taken its first serious step forward in a couple of decades.
Engagement, layering, connectivity. Apart from the obvious focus on some very big and very real projects, there was a subtext of language around the WA Business News boardroom.
Next week, Peet Ltd CEO Warwick Hemsley hands over the reigns to Brendan Gore. WA Business News caught up with Mr Hemsley to discuss his 22 years with Peet and its transition from a private WA company to a major national player.
Peet Ltd has started selling villas in the first of several planned new lifestyle retirement village projects as it moves to capitalise on the ageing baby boomer market.
Incoming Peet chief executive and former mining executive, Brendan Gore, has largely missed out on most of the boom times in the sector where he spent the first 14 years of his career.
Its days of pioneering land sales in Western Australia on terms of a one-pound deposit and interest-free repayments of 10 shilling per month may be long gone, but property stalwart Peet Ltd has not lost any of its entrepreneurial spirit.
Former BankWest and Perpetual executive, Robert Marie, has teamed up with Sydney-based fund managers Brian Eley (formerly of Patersons Securities) and Ben Griffiths to carve an unusual niche in the financial services industry.
Investment bank Argonaut Group is planning to substantially expand its fund management activities by raising up to $125 million for two different funds.
Entrust Funds Management and Growth Equities stand apart from their peers in Perth because they shy away from mining and resources stocks, preferring to focus on industrial companies.
Perth-based fund manager Oceanic Asset Management broke new ground when it established its first investment fund in 2005, and it plans to do the same when it launches Australia’s first specialist uranium fund this year.
WhenWestern Australian companies want to raise large sums of capital, they usually have to jump on a plane so they can pitch to fund managers in cities such as Sydney, Toronto and London.
John Poynton has shed some fresh light on the events within Alinta Ltd that ultimately resulted in the sale of the business and significant public bloodletting.
The RAC’s brand reinvention, and the West Coast Eagles’ uncanny ability to overcome significant negative sentiment, has propelled the two brands into the top three most improved brands of the past year.
Synergy’s efforts to position itself as a leading consumer brand following the break-up of state-government controlled Western Power in early 2006 has been applauded by the advertising industry in WA Business News’ annual branding survey.
As Western Australia enjoys one of the most prosperous economic periods in its history, some in the advertising industry are paying close attention to the perceptions being created by the boom.
The children of Multiplex Group Ltd founder John Roberts opted to take the cash and run this year, while Wesfarmers Ltd managing director Richard Goyder decided to embark on Australia’s biggest corporate shopping trip – a $22 billion takeover of Coles.
Private equity investors have played a major role in some of Western Australia’s biggest takeovers of the past year, although contrary to popular commentary, private equity is not new to the WA market.
