Perth Business Updates

 Have you decided to tap into your business management skills and are looking to acquire your own business to run in Perth? Well, with the help of the tips in this article I found online, you will understand what kind of business you should invest in and how it will reap in profits for you. From suggestions on choosing a business that has a good work culture to long-term growth potential, innovation and financial stability, this article has several pointers that you can make a list of and look at before you invest in a business. I, personally, used this article as a checklist when I was looking for a good restaurant business for sale in Perth and was able to invest in a business that had brought me great profits and revenue and has generated a stable income for me throughout. If you are also ready to enter the business world but are not sure about which business will get you the best growth and profits, you should refer to this article. It will help you make an informed business decisi

 Perth property sales have hit levels not seen since 2010 on the back of strong buyer demand. In April, the median selling time for homes was 13 days, while the volume of listings were one per cent higher than March and 11 per cent lower than April last year. Mack Hall Sales Real Estate in association with Knight Frank Executive Greg Williams said a high sales volume and low property listings would result in a continuation of supply shortages, which had driven the market since the end of 2020. Read More: https://www.perthnow.com.au/business/property/perth-real-estate-property-sales-hit-12-year-high-c-6992949

 After more than five years on and off the market, a riverfront Georgian-inspired palace on Perth’s Millionaire’s Row has become Western Australia’s most expensive property sale this financial year. The home, at 26 Jutland Parade in the affluent western suburb of Dalkeith, was sold by William Porteous Properties International to Matthew James Fry and his wife Anna Katarzyna Fry for $16.5 million. The 2372-square-metre block has a 41-metre-wide river frontage. The 1973 five-bedroom, five-bathroom home on it was previously owned by Tzu Chao Pan and Beng Choo Lim who purchased it in 1998 for $3.7 million. Read More: https://www.smh.com.au/property/news/from-rats-to-riches-covid-19-test-importers-buy-16-5-million-house-20220531-p5apv7.html

 Hi All! After two years of hard work in the corporate sector, I realised that it was not my cup of tea. I had always wanted to become a successful entrepreneur. So, I left my job and started some research on the internet. Since I had not enough money to start a new business, I looked for reliable fund sourcing options in Western Australia. However, I faced many problems in getting financial support, and it was one of the difficult phases of my life. Fortunately, I got introduced to buying an existing business concept by my close friend. Yes, you don’t need huge capital or planning to become an entrepreneur. You just need to choose the right and lucrative business for sale in Perth to get started. When I searched for the businesses for sale in Perth, I found a website that offers endless business listings with detailed information. I was shocked to see a vast number of listings on the web portal. These listings have apt information and pictures of the premises to clarify the

 The Seafarms Group (ASX: SFG) board brought in Mick McMahon to lead their ambitious aquaculture plan Project Sea Dragon, but instead he commissioned a feasibility study that poured cold water on the development.  There seems to be a clear winner of the boardroom battle at Seafarms Group with the announcement Mick McMahon will step down as CEO and executive chairman with immediate effect. Two weeks after the largest shareholder, long-time investor and fellow board member Ian Trahar called for a change in leadership at the prawn company, he has wrested back control of the business and will replace McMahon as non-executive chairman. Read More: https://www.businessnewsaustralia.com/articles/seafarms-ceo-mick-mcmahon-ousted-following-boardroom-coup.html

 After recently reporting a return to profitability for its corporate division in March, Flight Centre Travel Group (ASX: FLT) has today joined two Sydney-based companies to launch a joint venture aimed at bringing together "carefully selected" independent travel businesses to provide new offerings via travel supply, technology and operations. Teaming up with Goldman Travel Corporation and the Spencer Group of Companies, Flight Centre will have a 60 per cent interest in the new JV called Link Travel Group, an invitation-only members’ group that will work with highly regarded independents in the Australian premium leisure and corporate travel sector. Goldman Travel joint managing director Anthony Goldman and Spencer Group of Companies founder Penny Spencer will sit on Link's board of directors, alongside FLT’s Danielle Galloway, the executive general manager of the company’s premium brands, and other yet-to-be-appointed directors. Read More: https://www.businessnewsaustral

 Australian tech billionaire and Atlassian co-founder Mike Cannon-Brookes has officially become the largest shareholder in energy giant AGL (ASX: AGL), as he launches plans to throw water on the company’s proposed demerger. Cannon-Brookes, via his investment vehicle Grok Ventures, now holds an 11 per cent interest in AGL, whose board is looking to split the group into two companies - something the entrepreneur believes would “deliver a terrible outcome for shareholders, customers, Australian taxpayers and the planet”. The Grok Ventures founder is urging other AGL shareholders to vote against the proposed demerger, and is putting pressure on the company to transition to clean energy. In the wake of the corporate shake-up, AGL has today announced a partnership to establish a $2 billion 'Energy Transition Investment Partnership' investment fund with Global Infrastructure Partners. Read More: https://www.businessnewsaustralia.com/articles/cannon-brookes-looking-to-thwart-agl-s-deme