Emily Piesse

Credit crunch squeezes retail projects

THE buoyant economic conditions that prompted the recent wave of new retail developments in the Perth CBD are starting to turn, and while inquiries from retailers remain strong, a downturn in retail spending may dampen demand.

Subi Centro plans released

SUBIACO-BASED property syndicator Australasian Property Investments Pty Ltd has released the plans for its $150 million Subi Centro development on the former site of refrigeration company, Arcus Australia.

Employment dynamic shifts

TWELVE months ago, the idea of having more than a handful of job applications for a single vacancy would have been beyond contemplation for many businesses in Western Australia.

Training opportunities food for thought

FOUR years after it started training food industry employees, Victoria Park-based provider Australian College of Training is preparing to export its services to New Zealand and Asia.

Downturn effects felt in property sector

WESTERN Australia's property market was a vastly changed landscape in the latter half of financial year 2008, as the boom came to an end and the global financial crisis began to unfold.

Rising rents pressure CBD tenants

RISING office rents in the Perth CBD are prompting a change in the city's tenant profile, with a number of companies relocating after rent reviews, and others pushed out of the city into fringe suburbs.

Perth rents remain steady

House rents in Perth remained steady in the September quarter, in line with most other state capitals, while rents for units fell 6 per cent, according to figures from Australian Property Monitors.

Unis consider study options

WITH universities facing growing pressure to specialise, driven by funding models and the looming federal government higher education review, Western Australia's four public universities are preparing to run the measuring tape over their course offerings.

Working women key: CCI

ALMOST 120,000 extra workers could be made available in Western Australia if women received more incentives to join the workforce, according to a new report from the Chamber of Commerce and Industry WA.

Builders move to manage margins

THE downturn in Western Australia's property market is continuing to challenge the residential building industry, with housing starts falling across the board and businesses being forced to adapt.

House prices hit for third quarter

THE downturn in Perth's housing market continued during the September quarter, with the city's median house price falling for the third consecutive quarter to $426,000.

Bringing CBD laneways to life

THE push to redevelop laneways in the Perth CBD is gaining momentum, with plans for a series of small bars and cafes being developed by business owners and arts groups.

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Exporters

LabelValue
Rio Tinto$21.40bn
BHP Billiton Iron Ore$17.97bn
North West Shelf Venture$16.84bn
Fortescue Metals Group$8.12bn
Gold Corporation$5.81bn
Others$53.39bn
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