GST not hitting homes
Tuesday, 2 May, 2000 - 22:00
PREDICTIONS of a housing slowdown as the GST introduction looms closer are not reflected in enquiries received by WA’s largest home-building company, BGC Australia.
Julian Ambrose is a director at BGC, and previously ran the residential building side of the business. BGC, founded by Mr Ambrose's stepfather the late Len Buckeridge, is a family business that also ranks as one of Australia's largest privately-owned company. BGC was formerly Australia's largest home builder. It also has a big construction materials business that supplies the building wing. Mr Ambrose is the son of Mr Buckeridge's second wife, Siok Puay Koh, better known as Tootsie.
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PREDICTIONS of a housing slowdown as the GST introduction looms closer are not reflected in enquiries received by WA’s largest home-building company, BGC Australia.
BGC Australia – WA’s largest new home building company _ has announced major expansion plans for the company in the South West
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International resorts giant Westin will gain a foothold in Perth’s hotel market, with BGC Development unveiling a $500 million development plan for the old Perth Fire Station site on Hay Street.
Western Australian magnate Len Buckeridge has died of a heart attack at his home at the age of 77 – leaving one of the nation’s biggest construction and building materials businesses in the hands of his children.
Strong growth in BGC’s contracting and development arms mean the diversified group is set to become even larger following the passing of founder Len Buckeridge, if it stays intact.
BGC has unveiled details of its second major hotel project in Perth, which will add a further 224 rooms to the city's growing hotel development pipeline.
BGC has been knocked off the top spot in a ranking of Australia’s largest home builders, but the Perth-based company remains the nation’s biggest builder of detached houses.
The Westin Perth hotel at 480 Hay Street has been cleared to start construction, with the City of Perth’s development assessment panel giving the tick to BGC Development’s $500 million project last night.
Private equity funds are turning into long-term owners of some major WA businesses, after being unable to complete their planned exits.
The commercial construction sector is emerging as a bright spot amid all the doom and gloom in WA. Click through to see the special report, with details of Perth's biggest construction jobs.
Western Australia's Caratti and Cardaci families have featured for the first time in BRW's rich families list, while the Buckeridge family has been ranked as the state's wealthiest.
SPECIAL REPORT: WA’s big construction companies are going through a transition phase, following the end of a major building boom.
The family of yet another great Western Australian entrepreneur appears set for a public fight over an inheritance, with the descendants of the late Len Buckeridge going to court over his $2.5 billion estate.
SPECIAL REPORT: Developers are banking on a change in sentiment later this year in Perth’s challenging apartments market.
SPECIAL REPORT: International players with big balance sheets are set to change the dynamics of Perth’s apartment market.
SPECIAL REPORT: WA’s residential property sector is starting to show signs of stabilising, amid increased industry innovation and evolving housing types.
After eight years at the helm of the state’s largest home builder Kelvin Ryan has stepped down from his role as BGC Residential chief executive.
Marriott International has opened Perth’s first Westin Hotel at an official ceremony this morning, anchoring a new dining and leisure precinct set to revamp the area.
BGC Australia director Sam Buckeridge announced this afternoon that the sprawling property and construction empire built by his late father Len Buckeridge is being prepared for sale.
BGC’s vertically integrated structure is unlike any other business in Australia and will narrow the field of potential buyers.
BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.
BGC Australia has deferred indefinitely the sale of its core building materials and construction business because of weak market conditions but is pressing ahead with the sale of its contracting business and property assets.
The state’s biggest homebuilder is embracing the opportunity to grow market share under new leadership.
BGC Australia is exploring the divestment of its fibre cement and plasterboard businesses, picking up on a sales process it deferred earlier this year.
Albert Jacob and Sherry Sufi are two possible contenders for a vacant WA Senate spot as the field opens with the exit of Julian Ambrose.
The Supreme Court has delivered a tactical win to the widow of the late Len Buckeridge as she fights his sons over the carve-up of the magnate’s estate.
WA’s largest residential builder is back on the market, three years after BGC postponed the sales process. The proceeds will flow to the children of company founder Len Buckeridge.
Mark Beyer and Mark Pownall discuss changes at BGC, APM and Austal ownership, Quintis in receivership, and home market data.
BGC Australia has disclosed a flurry of changes to its board and senior executive team including Andrew Buckeridge stepping down as a non-executive director.
BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.
Ten years on from the death of its founder, BGC Australia has dramatically slimmed down.
BGC Australia has returned to the black after two years of big losses, helped by major asset sales, but acknowledged its continuing operations are still trading in the red.
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