Economy
McGowan driving Job Opportunities and Economic Growth in WA by reconnecting with Europe
June 27, 2022
WA Premier Mark McGowan revealed plans to make WA the western hub for much of the world with direct routes to Johannesburg and Jakarta, in addition to a Perth-Rome direct flight. The Premier said the Rome flight was the first time Australia has been connected to continental Europe and was a “great opportunity to establish WA as the hub for Europe”. Mr. McGowan said he would look to recruit as many overseas workers as possible. “We want to sell our State and make sure our State is prominent in Europe.” “We’ll be doing forums, meetings and events, particularly in Ireland …
Perth set to get the largest Surf Park in the Southern Hemisphere.
June 22, 2022
The largest surf park in the southern hemisphere with 150-metre-long waves will be built in Perth. There will be a choice in wave size and intensity from small beginner surf to hollow, barreling two-metre advanced waves, with “beast mode” the most challenging and dangerous level. The wave park will also have food outlets, a beach club and an entertainment hub. The project has been given ‘’state significant’ status and will provide consistent and quality waves for Perth surfers. The state government and project proponent Aventuur have signed a 21-year lease agreement for the project, with the option to extend it …
WA is Open for Business – Lowest Cost of Living Ratio/ Lowest Unemployment/7000 jobs created in May
June 20, 2022
Western Australia is well and truly back open, with Mark McGowan to use his first in-person National Cabinet meeting to tell families on the east coast to move to WA for a “better life”. Mark McGowan said, “One of the things I’ll point out is that we have cheapest housing comparatively, the highest average weekly earnings, a great lifestyle and secure work.” “When I was in Sydney last week I saw lots of people who have very ordinary paying jobs yet the average price of a house there is $1.2 million dollars — I don’t understand how people live.” “They …
The Smart Freeway Influence on Perth WA
December 10, 2021
Let’s talk Smart Freeways and how they are benefiting our roads here in Perth WA…. First Developed by Highways England, The Smart Freeway employs active traffic management (ATM) techniques to increase capacity using Motorway Incident Detection and Automatic Signalling (MIDAS). Intelligent Transport Systems (ITS) such as road sensors, detection radars and CCTV cameras monitor traffic conditions adjusting them in real time. For instance, changing speed limits when needed, using ramp signals to make merging safer during busy periods, opening and closing lanes if necessary, whilst gathering and feeding information to a state-of-the-art Road Network Operations Centre (RNOC). The RNOC is …
World-leading Automation and Robotics Test facility coming to Perth Northern Suburbs
October 5, 2021
With work now started on the Australian Automation and Robotics Precinct in Neerabup, WA is to leverage its position as a world leader in automation to create jobs. This precinct will form one of the biggest test facilities of its kind in the world. The 51-hectare precinct, around 40km north of Perth, will be a major hub for testing and research into the latest developments in automation, remote operation and robotic systems. A broad range of industries including mining and resources, defence, oil and gas, agriculture, space, logistics, construction, advanced manufacturing and the education sector are expected to use AARP. …
Annual home prices in Australia soaring at fastest level since 1989
October 1, 2021
House prices in Australia have continued to rise and have grown by more than 20 percent compared to last year, the fastest pace since mid-1989. And while CoreLogic’s national home value index rose by 1.5 percent in September, this is just over half the rate in March. According to Research Director Tim Lawless of CoreLogic, the slowing growth conditions are caused by higher barriers to entry for non-homeowners and fewer government incentives to enter the market. Despite rising housing values, household income has remained the same, which results in potential buyers having difficulty in raising money for deposits. Lawless stated …
METRONET – Midland Station preferred proponent announced
August 25, 2021
Midland Junction Alliance (McConnell Dowell Constructors, Georgiou Group, Arcadis Australia and BG&E) has been chosen to deliver the new METRONET Midland Station. The project includes decommissioning and demolishing the existing 53-year-old train station and the design and construction of a new facility between Helena and Cale streets. The design will incorporate three platforms catering for up to six-cars, a publicly accessible pedestrian overpass connecting both sides of the railway, a bus interchange and cycling facilities. The station is expected to have 3,300 daily boardings, with a projected growth of 3,700 in 2031. Passengers will now have a 25-minute, two-zone journey …
Western Australia to have the nation’s longest electric highway by 2024
August 18, 2021
The longest electric highway in the country will be developed in Western Australia, with 45 spots to make up the electric vehicle fast charging network. This will include up to 90 fast charging stations and back-up charges in locations stretching as far north as Kununurra, south to Esperance and east to Kalgoorlie, which an average distance of 160km between charging stations. According to the WA government, most electric cars run for at least 400km, and is expected to improve further in the next couple of years. Charging station locations were chosen to encourage tourists to spend time in regional towns. …
Major Road and Rail projects to face skills shortage – Roads Australia/Australian Railway Association
June 3, 2021
In a joint submission to the Federal Parliament’s inquiry into skilled migration in March 2021, Roads Australia (RA) and the Australian Railway Association (ASA) has sent a request to include specialist skills critical to the delivery of major road and rail construction projects in the Priority Skilled Occupations List. According to RA and ASA, these sectors will be impacted by the lack of access to skilled overseas workers and will impede the delivery of major transport infrastructure projects. Road Australia CEO, Michael Kilgariff emphasized that governments rely on the delivery of transport infrastructure projects to stimulate post-Covid economic activity. He …
Australia backs world-leading clean hydrogen projects
May 18, 2021
The Morrison Government has approved three large-scale hydrogen plants in Western Australia and Victoria which will be among the biggest in the world. The government through the Australian Renewable Energy Agency’s (ARENA) Renewable Hydrogen Deployment Funding Round has awarded three companies more than $100 million of conditional funding. Out of all the applications sent, the three companies selected are: Engie Renewables Australia Pty Ltd (Engie) – up to $42.5 million towards a 10 megawatt (MW) electrolyser project to produce renewable hydrogen in Yara Pilbara Fertiliser’s existing ammonia facility in Karratha, Western Australia; ATCO Australia Pty Ltd (ATCO) – up to …
