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It’s understood Subiaco-based Edge, who previously developed Lumiere in South Perth and The Dunes in Scarborough, is acquiring the site near the ocean.

PropertyCommentsLeighton Beach lot sold a decade after Victor Goh deal

A Leighton Beach lot purchased by Victor Goh from the State Government in 2016 will be sold to Edge Visionary Living after sitting undeveloped for a decade.

Matt Mckenzie

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NEWSASX inches higher as RBA holds rates

The ASX 200 has closed nearly flat as the RBA held interest rates at 4.35 per cent.

Tia Clarkson-Pascoe

Employee turnover has fallen to 13.5 per cent, down 11.2 per cent over six months and the lowest rate since the survey began in May 2023.

BusinessCommentsPremiumTwo-speed jobs freeze bites workers and employers

Australia’s jobs freeze is playing out differently across the public and private sectors, with government organisations more likely to be hiring but also far more likely to be planning redundancies.

Ryan Johnson

BHP expects demand for metallurgical coal in India to double by 2050. (Dave Hunt/AAP PHOTOS)

MiningAustralia's mining giants eye India, SE Asia for growth

Mining giants BHP and Rio Tinto say new ‌steel ​demand in India and Southeast Asia will offset stagnation in China.

Staff Writers

Member for Perth John Carey addresses the media in Leederville.

State PoliticsCommentsPremiumWA housing wait list shakeup biggest in 70 year history

WA’s public housing wait list is set for its biggest shakeup since it was set up with a new system to order people differently.

Oliver Lane

The Bank of Japan has raised its key interest rate to one per cent. (EPA PHOTO)

MoneyPremiumBank of Japan raises key rate to three-decade high

Japan's central bank has increased its main interest rate to a 31-year high after a surge in energy prices.

Staff Writers

Giant turbines at the King Rocks wind farm site near Hyden.

High risesPremiumSynergy announces annual $100k wind farm windfall for Hyden

Hyden is set to benefit from a wind farm windfall after Synergy announced last Wednesday it was setting up a community benefits fund.

Claire Middleton

Proccesing at Woodie Woodie.

MiningPremiumWoodie Woodie’s bottom line plunges on South32 return

Profitability at Western Australia’s only manganese mine has shrunk considerably after South32 fixed a cyclone-ravaged wharf in the Northern Territory.

Adrian Rauso

Western Mines Group NQ diamond core photo showing examples of nickel sulphide blebs and segregations in the company’s ninth diamond hole put into its Mulga Tank project.

Western Mines nails richest nickel zone yet in WA eastern goldfields

Western Mines Group has drilled 116 metres assaying 0.50 per cent nickel from 1303m at its Mulga Tank project in WA, including 38m going 0.71 per cent nickel and a single metre running a solid 2.34 per cent.

Doug Bright

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A summit has been told many companies are not using artificial intelligence technology effectively. (George Chan/AAP PHOTOS)

BusinessPremium$50K in a day: why firms are struggling with AI costs

In the rush to adopt artificial intelligence, some companies are blowing their budgets and failing to recognise the importance of human workers.

Jennifer Dudley-Nicholson

RJV chief executive Tim Ryan.

ContractingCommentsPremiumFamily exits pioneering WA contractor after 70 years

Established in 1955, it has since worked on road and rail projects, the demolition of Princess Margaret Hospital and Subiaco Oval, the development of Joondalup, and the gold and iron ore mines.

Sean Smith

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UPDATEDPremium‘Not ruling out’: RBA warns rate pain not over

The Reserve Bank of Australia warns the fight against inflation is far from over, even as the economy shows signs of cracking.

Cameron Micallef

Home borrowers have been spared more pain with the Reserve Bank’s monetary policy board voting to leave rates unchanged.

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RBAComments
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Relief for Aussies as RBA leaves interest rates on hold

Home borrowers have been spared more pain with the Reserve Bank’s monetary policy board unanimously voting to leave rates unchanged for the first time since December, amid an expected end to the Iran war.

Stephen Johnson

Diamond and reverse circulation drill rigs working at Hot Chili’s significant new copper-gold discovery, La Verde in Chile.

Hot Chili serves up another giant Chilean copper-gold hit from surface

Hot Chili has hit a huge 391.1 metres of copper-gold from surface at its La Verde project in Chile, including one section of 85.4m grading 0.61 per cent copper equivalent. Assays are pending for 22 more holes.

Murray Ward

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Aussie craft and fabric retailer Lincraft will close all of their physical stores across Australia and New Zealand.

BUSINESSPremiumIconic Aussie company to shut its doors

The company has operated for more than 80 years, with the decision to close the doors described as deeply emotional.

Harvey Constable

Reserve Bank governor Michele Bullock.

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RBACommentsPremium
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Slower growth expected and RBA says it’s necessary

Manufacturers are bracing for weaker conditions in the coming months but Reserve Bank governor Michele Bullock warns demand has to slow to get inflation under control.

Cheyanne Enciso

A couple getting divorced could lose the right to negatively gear an investment property even if they owned it before Budget night, financial advisers fear.

BusinessVideoCommentsPremiumCould divorced couples lose their right to negative gearing?

Financial advisers have raised concerns about divorced couples’ rights to negatively gear investment properties.

Stephen Johnson

Lincraft has pinned its future on an online business model, with plans to close all stores. (EPA PHOTO)

BusinessCommentsBeloved craft retailer closes all Australian stores after 80 years

Roughly 300 staff will be affected by the move, with guarantees from the company that all entitlements will be paid.

Duncan Murray

The ACCC report showed that on the Perth to Sydney route, Qantas’ lowest available fare was 42.3 per cent higher (from $363 to $516) in May 2026 compared to May 2025, on average.

AviationCommentsPremiumWA travellers slugged worst of war-fuelled airfare hikes

The cheapest economy airfares on Qantas’ Perth to Sydney flights skyrocketed in May as the Middle East conflict caused jet fuel bills to rocket, new data from the competition watchdog has revealed.

Rebecca Le May

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NEWSPremiumMajor update in state’s new WFH laws

Victorian workers could soon have a legal right to work from home up to two days a week, in a world-first move that is now expanding to regular casual and part-time employees.

Tia Clarkson-Pascoe

Stocks ended the day flat after the RBA kept rates on hold and said a recession was unlikely. (James Gourley/AAP PHOTOS)

BusinessPremiumShares trim losses as RBA holds rates, outlook unclear

The Reserve Bank has paused its rate hiking cycle, offering investors a breather after a run of poor economic data and worries around investment tax reforms.

Adrian Black

A popular chain has received a stern grilling from the national watchdog. (Jono Searle/AAP PHOTOS)

Consumer ProtectionPremiumBurger joint accused of 'misleading' green promotion

Popular hamburger franchise Grill'd has been accused of misleading customers over a tree-planting donation campaign.

Poppy Johnston

Retail sales, a key gauge of consumption in China, slid 0.6 per cent in May. (EPA PHOTO)

BusinessPremiumChina's May retail sales fall first time in three years

There is a two-speed ‌growth ​pattern in China's economy, with the export sector showing stellar performance but domestic demand worsening.

Staff Writers

In a few easy steps you can now select, tap, track and collect your order. Supplied

BusinessPremiumGYG move changes fast food forever

The Australian chain has made ordering takeaway easier than changing a radio station in a move that puts the “fast” into fast food.

Samina Rakhshani