One of the Margaret River region’s most prominent wineries, Cullen Wine, is spearheading local efforts to convince the state government to stop oil and gas exploration off the South West coast.
Transport Minister Troy Buswell has announced a shortlist of three consortiums to construct the $1 billion Gateway WA roads upgrade.
Each consortium is led by a subsidiary of construction and engineering group Leighton Holdings.
Bibra Lake-based Steelwise Fabrication has been forced to shut down permanently, prompting claims by the state opposition that the government is not doing enough for local business.
Retail property landlord BWP Trust has increased rents on three of its Bunnings Warehouse properties, including significant jumps for two in Western Australia, highlighting the strength of Perth’s industrial land sector.
Perth’s newest skyscraper has reached practical completion, with interior fitouts at Brookfield Place to be completed over the coming months, ahead of an official opening in September.
Shopping centre owner Perron Group has added to its bulging portfolio, snapping up 50 per cent stakes in Morley Galleria, The Glen in Melbourne and Colonnades in Adelaide from Centro Retail Australia for $690.4 million.
Property fund manager Charter Hall announced today that it has moved to full ownership of 225 St Georges Tce, after buying out co-owner The Wyllie Group for $96 million.
Business has warned against adding further imposts to small business in Western Australia, urging the Western Australian Industrial Relations Commission to tread lightly over a proposal to increase minimum wages.
Panoramic Resources has moved a step closer to completing its $40 million takeover of Magma Metals, with the target recommending its shareholders accept the bid.
Panoramic upped its offer today to 1 Panoramic share for every 7 Magma shares, after taking its stake to 54.15 per cent.
Perth’s industrial land sector is starting to show similar traits to the CBD office market, with sales data over the first four months of 2012 showing a clear contraction in supply.
Civil construction and contracting firm VDM Group has won $38 million in new contracts in Western Australia and Queensland.
In WA, VDM announced it had won $15 million in mechanical installation works at the Sino Iron project for MCC Mining.
Mirabela Nickel has launched a $120 million capital raising, to boost the company’s coffers after its stocks plunged to a near all-time lows due to tough conditions in the nickel market.
Perth has emerged as the hottest capital city location for property investment, with four metropolitan suburbs topping a list of the most affordable inner-city suburbs across the country.
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