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Western Australian Business, Finance, Political, & Economic news

BHP won't spend $80bn on expansion: Nasser

BHP Billiton chairman Jacques Nasser says the global miner will not spend the $80 billion on growth projects that it said it would, stepping back from previous commitments.

Stocks plunge on Greek woes

Australian stocks have plunged to two-month lows led by the resources sector, with Greece's problems keeping investor confidence at depressing lows.

Industrial land market tightens over 2012

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.

Road funds proof of support for WA: Swan

Federal Treasurer Wayne Swan says the government's contribution to the Great Eastern Highway upgrade in Western Australia is concrete proof it is spending enough on infrastructure in the mining state.

Mirabela launches $120m raising plan

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.

Book of Lists

Construction Companies

Rank	Name	Senior executive and title	Total staff in WA	Current WA major projects
1	BGC Construction	Mr Len Buckeridge Executive Chairman	3102	Northbridge Police Complex ($57.8m), Perth Arena ($536m), Pathwest Pathology Centre, QE II ($54m), Comprehensive Cancer Centre, QE II ($54m)
2	John Holland	Mr Adam Harry General Manager Western Region	1438	New Children's Hospital ($1.2b), Albany Health Campus ($170m), Joondalup Health Campus ($270m), Yongah Hill Immigration Detention Centre Northam ($125m)
3	Pindan	Mr George Allingame Managing Director	380	Indigenous public housing ($165m), LEAP 2 defence housing ($83.6m), Karratha Leisure Complex ($58.3m), Governor Stirling High School ($50.6m), Butler High School ($40.2m), Kalgoorlie Health Campus ($19.8m), Northern Link Construction Camp ($16.5m), Karratha Senior High School ($41m)
4	Brookfield Multiplex	Mr Chris Palandri Regional Managing Director	300	Fiona Stanley Hospital and State Rehabilitation Centre ($2bn), City Square/Brookfield Place Perth ($760m), QEII Central Energy Plant ($198.4m)
5	DORIC	Mr Peter Iancov Chief Executive Officer	300	Hope Downs 4 Accommodation Village ($92m), WA Institute of Medical Research QEII facility ($73m), South Hedland Recreation Centre ($26m), Wickham Recreation Centre ($16m), Warrandu Village, Jimblebar hub admin
More information about the Book of Lists

Real Estate - Commercial

Rank	Company name	Senior executive and title	Staff in WA a) commercial fee earning b) total	Core services
1	Jones Lang LaSalle	Mr John Williams Managing Director	a) 35 b) 192	Jones Lang LaSalle is a financial and professional services firm specialising in real estate services.
2	CBRE	Mr Peter Agostino Senior Managing Director	a) WND b) 165	CBRE offers strategic advice and execution for property sales and leasing, corporate services, property, facilities and project management.
3	Colliers International	Mr Imran Mohiuddin State Chief Executive	a) 70 b) NFP	Our expertise stretches across all property types such as residential, office, industrial, retail, rural, hotels and leisure, vineyards, healthcare and retirement living, extractive industries and more.
4	Realmark	Mr Pasquale Cianfagna Director	a) 22 b) 140	Sales, leasing, property management, strata services, advocacy.
5	Knight Frank	Mr John Corbett Managing Director	NFP	Transaction services, consultancy services, corporate real estate, investment property management, facilities management, retail management and leasing, research, valuations services.
More information about the Book of Lists

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