DOCSLIB.ORG

Copperco Report to Creditors 12 June 2009

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Copperco Report to Creditors 12 June 2009 CopperCo Ltd ACN 004 434 904 CopperCo Queensland Operations Pty Ltd ACN 120 883 285 Lady Annie Pty Ltd ACN 073 222 045 Lady Annie Operations Pty Ltd ACN 076 289 097 Savannah Resources Pty Ltd ACN 096 358 735 Mineral Securities Operations Ltd ACN 091 158 593 Mineral Securities Holdings Pty Ltd ACN 092 525 614 Platmin Holdings Pty Ltd ACN 117 927 965 Kadina Pty Ltd ACN 009 633 096 (All Receivers and Managers Appointed) (All Administrators Appointed) Report to Creditors 12 June 2009 C O R P O R A T E ADVISORY | FORENSIC | TRANSACTION SERVICES | CORPORATE RECOVERY Contents List of Appendices 5 Glossary of terms 6 1 Executive Summary 8 1.1 Context ..................................................................................................................... 8 1.2 CopperCo‟s Business ............................................................................................... 8 1.3 Reasons for failure ................................................................................................... 8 1.4 Results of investigations .......................................................................................... 9 1.4.1 CopperCo Companies .............................................................................................. 9 1.4.2 MinSec Companies .................................................................................................. 9 1.5 Options available to creditors ................................................................................... 9 1.6 Recommendations and returns ................................................................................ 9 1.6.1 CopperCo Companies .............................................................................................. 9 1.6.2 MinSec Companies ................................................................................................10 1.7 Creditors‟ meetings ................................................................................................10 2 Introduction 11 2.1 Appointment of Administrators ...............................................................................11 2.2 Appointment of Receivers and Managers ..............................................................11 2.3 Object of Administration .........................................................................................11 2.4 Purpose of report ...................................................................................................12 2.5 Extension of convening periods .............................................................................12 2.6 Nature of forecasts and estimates .........................................................................13 3 Background 14 3.1 History ....................................................................................................................14 3.2 Structure of the CopperCo Group ..........................................................................16 3.3 Statutory and company specific information ..........................................................16 3.4 Books and records .................................................................................................16 3.5 Financial information ..............................................................................................17 3.6 Administrators‟ prior involvement ...........................................................................17 4 Financial Statements 18 4.1 Context ...................................................................................................................18 4.2 Statements of financial performance .....................................................................18 4.2.1 CopperCo Companies ............................................................................................18 4.2.2 MinSec Companies ................................................................................................19 4.3 Statements of financial position .............................................................................20 4.3.1 CopperCo Companies ............................................................................................20 4.3.2 MinSec Companies ................................................................................................22 4.4 Statements of cash flow .........................................................................................24 4.4.1 CopperCo Companies ............................................................................................24 4.4.2 MinSec Companies ................................................................................................25 4.4.3 Administrators‟ Conclusion.....................................................................................25 5 Report as to Affairs 26 Report to Creditors CORPORATE ADVISORY | FORENSIC | TRANSACTION SERVICES | CORPORATE RECOVERY 2 5.1 Summary ................................................................................................................26 5.2 Consolidated RATA ................................................................................................26 5.2.1 CopperCo Companies ............................................................................................26 5.2.2 MinSec Companies ................................................................................................28 5.3 Explanation for difficulties ......................................................................................29 5.3.1 Administrators‟ comments ......................................................................................30 5.4 Outstanding winding up applications .....................................................................30 5.5 Related entities ......................................................................................................30 5.5.1 CopperCo Companies ............................................................................................30 5.5.2 MinSec Companies ................................................................................................31 6 Offences, insolvent trading and voidable transactions 32 6.1 Overview ................................................................................................................32 6.1.1 Administrators‟ obligations .....................................................................................32 6.1.2 Focus of work .........................................................................................................32 6.1.3 Offences .................................................................................................................32 6.1.4 Insolvent trading .....................................................................................................32 6.1.5 Voidable transactions .............................................................................................33 6.1.6 Recovery from company officers ...........................................................................34 6.2 CopperCo Companies‟ findings .............................................................................34 6.2.1 Offences .................................................................................................................34 6.2.2 Insolvent trading .....................................................................................................34 6.2.3 Voidable transactions .............................................................................................37 6.2.4 Recovery from company officers ...........................................................................38 6.2.5 Funding to pursue insolvent trading, voidable transactions or company officers ..38 6.3 MinSec Companies‟ findings ..................................................................................38 6.3.1 Offences .................................................................................................................38 6.3.2 Insolvent trading .....................................................................................................38 6.3.3 Voidable transactions .............................................................................................39 6.3.4 Recovery from company officers ...........................................................................39 7 Progress of Receivership 40 7.1 Background ............................................................................................................40 7.2 Sale of assets .........................................................................................................40 7.2.1 CopperCo Companies ............................................................................................40 7.2.2 MinSec Companies ................................................................................................40 7.2.3 Administrators‟ comments on the sale process .....................................................41 7.3 Remaining assets ...................................................................................................41 7.3.1 Insurance claim relating to the flooding of the Lady Annie mine ...........................41 7.3.2 Debt owed to CopperCo by Brian Rear, former Managing Director ......................41 8 Proposed DOCA for the MinSec Companies 42 8.1 Key Terms of DOCA ..............................................................................................42 8.2 Creditors‟ Trust .......................................................................................................43
Load more

Recommended publications
  • Two Self-Guided Geology Trails in the City
    3. Ritter’s Pole, 2. Perth Mint Stirling Gardens The Perth Mint is one of Perth’s most impressive Finding geology in This ore obelisk (popularly Colonial-era buildings and is registered with the referred to as the ‘rock kebab’) is a National Trust. Built of Quaternary Tamala memorial to State progress. Limestone, the Mint opened in 1899, minting gold Perth city Erected in July 1971, it celebrated sovereigns. After the introduction of decimal jointly the millionth citizen and the currency in 1966 the Perth Mint had produced a decade-long exploration and staggering 855 million one-cent and two-cent mining boom between 1960 and coins by 1973. It now mints and markets gold, 1970. It has elicited a range of silver, and platinum Australian legal tender reactions! Designed by architect coinage to investors and collectors worldwide. A Paul Ritter, this 15 m oil-well drill heritage building, gold bullion and nuggets, pipe has 15 different ores precious-metal souvenirs, and a real gold pour threaded onto it, all from Western (liquid gold poured into an ingot) combine to Australia, showcasing the wealth make the Perth Mint a popular tourist attraction. www.perthmint.com.au and diversity of our mineral Perth Mint, Hay Street treasure. www.publicartaroundtheworld.com PERTH Perth Underground 4. Kangaroos drinking, HAY McIver Stirling Gardens ST Ritter’s Pole and kangaroos drinking, 5 Stirling Gardens, St Georges Terrace WELLINGTON The boundary walls and floor of the ST GEORGES MURRAY ST reflection pool adjacent to Ritter’s Pole ST ST Peter Pan sculpture, Queens Gardens, (where the kangaroos drink) are made of Toodyay Stone, a light-green rock with sparkling ST Queens Gardens Plain Street surfaces.
    [Show full text]
  • Perth Cbd Office Market Overview September 2014
    RESEARCH PERTH CBD OFFICE MARKET OVERVIEW SEPTEMBER 2014 HIGHLIGHTS Although vacancy is increasing, Prime grade net incentive levels There were three major office leasing activity is being stimulated have risen to circa 25% which is transactions within the Perth CBD by tenants taking advantage of the expected to favour tenant during the first half of 2014, competitive rental rates and migration to higher quality totalling $569.5 million. incentives on offer. premises and into the CBD. KEY FINDINGS SUPPLY & DEVELOPMENT The effects of a soft Perth CBD leasing market during 2013/14 have materialised with negative net absorption The Perth CBD vacancy rate increased to 11.8% (188,536m2) of –70,626m2 recorded for the twelve months to July as at July 2014 (PCA). 2014, resulting in a rise in the vacancy rate to 11.8%. 2 Approximately 169,080m of Office space in the Perth CBD increased Sub-lease/Backfill office supply is currently under by 8,195m2 (0.51%) during the six construction in the Perth CBD. months to July 2014, with a further Limited backfill space has entered the 2 18,507m forecast to become available market over the past six months due to Tenant demand remains soft, over the second half of the year (see pg. low levels of new supply, however, though a pickup is expected in 3 supply map for further details). The 2015. backfill is likely to make an impact in late bulk of new supply is due for completion 2014 and 2015 as new developments 2 in 2015 and comprises 154,150m of reach completion.
    [Show full text]
  • Focus Minerals Limited
    Focus Minerals Limited ABN 56 005 470 799 Interim Financial Report for the half year ended 30 June 2020 Page | 1 Table of Contents Corporate Information ...................................................................................................................................................... 3 Directors’ Report ............................................................................................................................................................... 4 Auditor’s Independence Declaration ............................................................................................................................... 6 Interim Financial Report ................................................................................................................................................... 7 Notes to the Consolidated Interim Financial Report .................................................................................................... 11 Directors’ Declaration ..................................................................................................................................................... 16 Independent Auditor’s Review Report .......................................................................................................................... 18 Page | 2 Corporate Information ABN 56 005 470 799 Directors Dianfei Pei Chairman - Non-Executive, Non-Independent Zhaoya Wang Director – Executive Gerry Fahey Director – Independent Zaiqian Zhang Director – Executive (Resigned 9 October 2020)
    [Show full text]
  • Abn 63 111 306 533 Half Year Financial
    ABN 63 111 306 533 HALF YEAR FINANCIAL REPORT FOR THE HALF YEAR ENDED 30 JUNE 2015 CORPORATE DIRECTORY DIRECTORS CONTACT DETAILS Zuyuan He (Non-executive Chairman) Website: www.energymetals.net Weidong Xiang (Managing Director) Email [email protected] Lindsay Dudfield (Non-executive Director) Telephone: + 61 8 9322 6904 Geoffrey Jones (Non-executive Director) Facsimile: + 61 8 9321 7950 Yu Zhong (Non-executive Director) Jianhua Xing (Non-Executive Director) Zimin Zhang (Non-Executive Director) REGISTERED OFFICE COMPANY SECRETARY Level 2, 8 Colin Street Xuekun Li WEST PERTH WA 6005 POSTAL ADDRESS STOCK EXCHANGE LISTING PO Box 1323 Australian Securities Exchange WEST PERTH WA 6872 ASX Code: EME AUDITORS SOLICITORS Deloitte Touche Tohmatsu Minter Ellison 240 St Georges Terrace Allendale Square Level 14 Woodside Plaza 77 St George’s Terrace PERTH WA 6000 PERTH WA 6000 SHARE REGISTRY BANKERS Security Transfer Registrars Pty Ltd National Australia Bank 770 Canning Highway 100 St Georges Terrace APPLECROSS WA 6153 PERTH WA 6000 Telephone: + 61 8 9315 2333 Facsimile: + 61 8 9315 2233 DIRECTORS’ REPORT Your Directors present the financial statements of Energy Metals Limited and its controlled entities at the end of, or during, the half-year ended 30 June 2015. DIRECTORS The names of the Directors in office during the half-year and at the date of this report are as follows. Directors were in office for this entire period unless otherwise stated: Zuyuan He (Chairman) Weidong Xiang (Managing Director) Lindsay George Dudfield (Non-executive Director) Geoffrey Michael Jones (Non-executive Director) Yu Zhong (Non-executive Director) Jianhua Xing (Non-executive Director) Zimin Zhang (Non-executive Director) REVIEW OF OPERATIONS The Company reported a net loss of $601,539 for the half-year ended 30 June 2015 (2014: a net loss of $269,645).
    [Show full text]
  • ARRC Annual Report 2007/2008
    ARRC Australian Resources Research Centre 2007-08 ANNUAL REPORT University of Technology ARRC, a state-of-the-art technology hub, bringing together research institutions, universities, industry and government to deliver innovative solutions for the petroleum and minerals sector. ARRC Annual Report 2007-08 CONTENTS FOREWORD 4 CHAIRMAN’S REPORT 5 GENERAL HIGHLIGHTS 7 RESEARCH HIGHLIGHTS - 15 Mineral Exploration 15 Petroleum Exploration & Production 20 Environment 24 Exploration Geophysics 26 Petroleum Engineering 27 National Measurement Institute 28 CLIENTS 0 AWARDS AND RECOGNITION OUTREACH AND ENGAGEMENTS 7 FINANCIAL REPORT 40 ARRC METRICS 4 ARRC ADVISORY COMMITTEE 44 ARRC Annual Report 2007-08 FOREWORD The Australian Resources Research Centre (ARRC) is a major initiative of the Western Australian State Government, CSIRO and Curtin University of Technology, developed in conjunction with the petroleum and mining industries. ARRC’s research capacity continues to grow as the Centre continues to host and expand its pool of leading researchers from CSIRO’s Petroleum Resources and Exploration and Mining Divisions, Curtin’s Departments of Exploration Geophysics and Petroleum Engineering as well as from industry and other government research collaborators. The location of this leading global research institution in Western Australia is fitting, given that the State produces two-thirds of Australia’s non-fuel minerals and about half of its petroleum. Western Australia is one of the great mineral provinces of the world and our thriving resources sector continues to drive the Australian economy. Record levels of mineral and petroleum exploration expenditure were experienced in 2007-08, resulting in Western Australia attracting 51 per cent of all mineral exploration expenditure and 72 per cent of all petroleum exploration expenditure in Australia.
    [Show full text]
  • Notaries Public in Western Australia
    CONSULATE GENERAL OF THE UNITED STATES LEVEL 4 16 ST. GEORGES TCE, PERTH WA 6000 [email protected] http://au.uembassy.gov NOTARIES PUBLIC IN WESTERN AUSTRALIA The American Consulate General in Perth assumes no responsibility for the professional ability or integrity of the persons or firms whose names appear in the following list. The names listed are arranged alphabetically by region. The order in which they appear has no other significance. ALBANY Mr. Murray Thornhill Notary Public Hudson Henning &Goodman 49 Peels Place (PO box 5084) Albany, WA 6332 Tel: (08) 9841-2322 Fax: (08) 9841-2489 Email: [email protected] Web: www.hhg.com.au APPLECROSS Mr. Peter Griffin Notary Public suite 4, 1st floor 48 Kishorn Road Applecross, WA 6153 Tel: (08) 9316-2159 Fax: (08) 9364-1053 Email: [email protected] Notaries Public Perth 07/2018 BOORAGOON Mr. David M. Lewis Notary Public Lewis Blyth and Hooper 4th floor Garden City House Booragon, WA 6154 Tel: (08) 9364-9555 Fax: (08) 9364-8812 Email: [email protected] BRIDGETOWN Mr. Howard I. Evans Notary Public 107 Hampton Street (PO Box 433) Bridgetown, WA 6255 Tel: (08) 9761-1619 Fax: (08) 9761-1922 BUNBURY Mr. Edwin Abdo Notary Public 26 Stirling Street Bunbury, WA 6230 Tel: (08) 9791-3280 Fax: (08) 9791-3283 Mr. J. Formby Notary Public Formbys Lawyers 16 Carey Street (PO Box 1233) Bunbury, WA 6230 Tel: (08) 9791-1600 Fax: (08) 9791-1180 Email: [email protected] Website: www.formbyslawyers.com Notaries Public Perth 07/2018 Mr. Clive Young Notary Public Young and Young 5 Spencer Street (PO Box 265) Bunbury, WA 6231 Tel: (08) 9721-4144 Fax: (08) 9721-7006 Email: [email protected] Website: www.yy.com.au CLAREMONT Mr.
    [Show full text]
  • BUILDING and DEVELOPMENT APPLICATIONS RECEIVED for the PERIOD 17/02/2021 to 23/02/2021
    BUILDING AND DEVELOPMENT APPLICATIONS RECEIVED FOR THE PERIOD 17/02/2021 to 23/02/2021 Attached for your information is a list of building, planning and technical applications received for last week. LODGEMENT PROCESSED / APPLICATION APPLICATION RENEWED ADDRESS DESCRIPTION TYPE VALUE NUMBER 18/02/2021 "RAINE SQUARE" Hoarding - 3 Months HG $0.00 2020/26 300 Murray Street PERTH WA 6000 17/02/2021 Unit 1-24/1 Bremer Promenade Hoarding and Scaffolding - 2 Months HG $0.00 2021/3 EAST PERTH WA 6004 23/02/2021 "MCNESS ROYAL ARCADE" Decommission of the existing Commonwealth Bank Branch DA $90,000.00 2021/5023 611-619 Hay Street Mall at Hay Street Mall including make good works. PERTH WA 6000 17/02/2021 "OTTIMO" Change of use from Office to 'Cafe' (Dining) & 'Takeaway DA $5,000.00 2021/5024 6-12 Serich Lane Food' (Mixed Commercial) NORTHBRIDGE WA 6003 17/02/2021 "SOLAI" Proposed residential apartment development, incorporating DA $12,000,000.00 2021/5026 Unit 1-6/20 Mounts Bay Road a transfer of plot ratio from 360 Murray Street CRAWLEY WA 6009 19/02/2021 50-56 Murray Street New End of trip facilities and refurbishment of landscaped DA $300,000.00 2021/5027 PERTH WA 6000 plaza area between buildings 19/02/2021 "COMMERCIAL UNION HSE" Major Works and Refurbishment DA $3,000,000.00 2021/5030 179 St Georges Terrace PERTH WA 6000 18/02/2021 "TAXATION DEPT" Sections 40 Application for Tenancy 2, William Square, 45 SEC40 $0.00 2021/5031 45 Francis Street Francis Street, Northbridge, WA 6003 NORTHBRIDGE WA 6003 18/02/2021 Unit 35/228 James Street Change
    [Show full text]
  • View Annual Report
    Cash CashInternational Converters Limited Annual Report 2005 InternationalConverters Limited CASH CONVERTERS INTERNATIONAL LIMITED ANNUAL REPORT 2005 CORPORATE DIRECTORY DIRECTORS SOLICITORS Reginald Webb Chairman Cooke & Co Peter Cumins Managing Director 38 Philip Road Michael Cooke Group Legal Director DALKEITH Western Australia 6009 John Yeudall Non-Executive Director BANKERS COMPANY SECRETARY IN AUSTRALIA: Ralph Groom National Australia Bank 50 St George’s Terrace REGISTERED OFFICE PERTH Western Australia 6000 Level 18, Citibank House IN UNITED KINGDOM: 37 St George’s Terrace Barclays Bank PLC PERTH Western Australia 6000 Corporate Banking Centre SHARE REGISTRARS 32 Clarendon Road IN AUSTRALIA: WATFORD Hertfordshire Computershare Investor Services United Kingdom Pty Limited TRUSTEE FOR UNSECURED Level 2, Reserve Bank Building NOTE HOLDERS 45 St George’s Terrace Perpetual Trustee Consolidated Limited PERTH Western Australia 6000 Level 7, 9-11 Castlereagh Street IN UNITED KINGDOM: SYDNEY New South Wales 2001 Computershare Investor Services PLC PO Box 82 STOCK EXCHANGE The Pavilions IN AUSTRALIA: Bridgewater Road Australian Stock Exchange BRISTOL BS 99 7NH Exchange Plaza, 2 The Esplanade PERTH Western Australia 6000 AUDITORS IN UNITED KINGDOM: Deloitte Touche Tohmatsu London Stock Exchange Limited Level 14, Woodside Plaza LONDON United Kingdom 240 St George’s Terrace EC2N 1HP PERTH Western Australia 6000 CORPORATE BROKER ABN AMRO Morgans Level 1, 197 Adelaide Terrace PERTH Western Australia 6000 Cash Converters International Limited
    [Show full text]
  • Cadenza Document
    City of Perth Building Permits Issued 27/01/21 - 2/02/21 Application Number Application Description Primary Property Address Est Value Decision Decision Date Level 1 - Minor refurbishment works to existing retail space: Opening up of wall partitions (non-structural) and upgrading windows to tempered glass. Works do not affect any fire, 255 Murray Street Mall BPC-2020/634 mechanical or electrical system in the building. PERTH WA 6000 $2,500 Grant 28/01/21 "ALLENDALE SQUARE" Relocation of Sherwood Court entry to the Arcade, internal fitout 77 St Georges Terrace BPC-2020/690 and reconfiguration to suit PERTH WA 6000 $521,000 Grant 28/01/21 Stage 1 - Ground, First and Second Floor Refurbishment, including 42-46 Colin Street BPC-2020/707 interconnecting Stair between Ground and Level 1. WEST PERTH WA 6005 $4,070,000 Grant 27/01/21 Fitout 1118-1120 Hay Street BPC-2020/713 WEST PERTH WA 6005 $15,929,199 Grant 27/01/21 "ST JOHN'S LUTHERAN" Internal fitout (to create new classrooms) - Tenancy 3 - ANZ 16-18 Aberdeen Street BPC-2020/718 College PERTH WA 6000 $15,000 Grant 27/01/21 "QV1" 250 St Georges Terrace BPC-2021/12 Retail Shop Fit Out - Mak Mak Thai PERTH WA 6000 $200,000 Grant 27/01/21 227 Newcastle Street BPC-2021/13 Solar Panel Installation NORTHBRIDGE WA 6003 $27,237 Grant 28/01/21 9 Havelock Street BPC-2021/14 Proposed fitout of existing tenancy - G.04 WEST PERTH WA 6005 $120,000 Grant 29/01/21 "BROOKFIELD PLACE" 125-137 St Georges Terrace BPC-2021/15 Offices - Brookfield Office Relocation Works (Level 3) PERTH WA 6000 $548,815 Grant
    [Show full text]
  • Perth, West Perth, Northbridge & East Perth
    BUILDING AND DEVELOPMENT APPLICATIONS RECEIVED FOR THE PERIOD 10/02/2021 to 16/02/2021 Attached for your information is a list of building, planning and technical applications received for last week. LODGEMENT PROCESSED / APPLICATION APPLICATION RENEWED ADDRESS DESCRIPTION TYPE VALUE NUMBER 15/02/2021 Unit 2/675 Murray Street Open floor make -good BPC $304,595.00 2021/25 WEST PERTH WA 6005 10/02/2021 "COMMERCIAL UNION HSE" Office fit-out - Level 5 BPC $557,000.00 2021/26 179 St Georges Terrace PERTH WA 6000 15/02/2021 "MERCEDES COLLEGE" Cup art inserted into existing link mesh fence on southern DA $0.00 2021/5016 86 Victoria Square boundary PERTH WA 6000 11/02/2021 35 Lake Street Change of use and Minor Additions and Alterations DA $10,000.00 2021/5021 NORTHBRIDGE WA 6003 15/02/2021 "MARKALINGA HOUSE" Amendment of DA 2020 5079 to change the location of the DA $516,574.00 2021/5022 251-253 St Georges Terrace EOT facilities within existing basement carpark PERTH WA 6000 15/02/2021 Unit 9/193 Hay Street Zoning change from Special to Standard Residential DA $0.00 2021/5025 EAST PERTH WA 6004 15/02/2021 "ALLENDALE SQUARE" Replacement of four (4) ANZ signs with four (4) Bank of DA $400,000.00 2021/5028 77 St Georges Terrace China roof signs. PERTH WA 6000 16/02/2021 Unit 1/47 Forrest Avenue Retrospective approval for minor alterations to existing unit DA $10,000.00 2021/5029 EAST PERTH WA 6004 (increase of internal floor area by moving window into balcony area) 11/02/2021 "QUAYSIDE ON MILL" Level 7 - KBR Office Fit out (Part Floor) BPC $568,179.00 2021/58 2 Mill Street PERTH WA 6000 11/02/2021 Unit 39/474 Murray Street Office Fitout - Real estate 88 Inner City OCCP $0.00 2021/60 PERTH WA 6000 11/02/2021 "UNIVERSITY OF WA" Installation of Toilets to UWA Beasley Library BPC $325,902.00 2021/61 35 Stirling Highway CRAWLEY WA 6009 10/02/2021 Unit 1/47 Forrest Avenue Unauthorised internal works within a Class 2 sole- BAC $250,000.00 2021/64 EAST PERTH WA 6004 occupancy unit - upgrade of all fixtures and fittings, removal of walls.
    [Show full text]
  • Commercial Property SPECIAL REPORT
    Commercial Property SPECIAL REPORT Photo: Stockphoto businessnews.com.au Commercial Property FEATURE Long-term focus drives office outlook Perth may have the highest office building vacancy rate nationally, but that’s done little to dampen the confidence of investors, developers and real estate agents. highlighted a part of business life often taken for granted: a physical presence. Workplace culture is a major part of that, according to Redhill Partners partner Oliver Mahé. “We believe the office of the future has to become a desti- nation with a purpose and will be designed with an increased Katie McDonald focus on collaboration, with [email protected] potentially more individu- 8-PAGE FEATURE al-style work completed from home,” Mr Mahé told Business ERTH’S latest lock- News. down provided a stark “The office of the future will P reminder to employers form an important part of an and office landlords of the organisation, as it will be the changing nature of work, where physical manifestation of the staff have the ability to operate company’s culture. remotely at short notice. “Rather than simply clocking CIRCUMSTANCE: One fifth of Perth CBD office stock is now considered vacant. Photo: Gabriel Oliveira But the shift to working from in and out, we believe it will home comes with caveats. become the place of employee Some people find it diffi- creativity and engagement.” last year, but that office leas- ing activity had picked up again, cult to remain motivated and Mr Mahé’s confidence in the The fact remains that offices and productive in a home environ- longevity of the office is backed with Redhill Partners com- ment, while others can’t juggle by Redhill Partners’ recent $67.8 the CBD will always remain the lifeblood pleting 5,000 square metres of work and family needs (such as million play for a CBD office, office leasing deals in the last children home from school in pushing the Singapore-based of our city centres, and drivers of quarter of 2020.
    [Show full text]
  • We Create Skylines Perth
    We Create Skylines Perth 82 83 84 78 4 3 5 6 19 71 2 8 1 9 10 11 20 21 72 7 13 15 18 26 28 12 14 22 23 24 16 17 25 27 30 54 57 29 31 44 46 79 32 33 45 36 34 35 42 47 51 53 56 41 58 43 52 55 63 68 37 48 62 67 69 86 40 59 61 77 49 64 65 66 38 73 39 60 85 76 74 81 75 80 50 70 1. Perth Stadium 16. Stanford Securities 31. Wapet House 46. Bankwest Tower 61. 190 St George’s Terrace 76. Bishop See 2. Crown Towers Casino 17. Casablanca 32. Irwin Chambers 47. 100 St George’s Terrace 62. Westralia Square 7 7. Capital Square 3. Burswood Exhibition Centre 18. Airways House 33. Transit Inn 48. Palace Hotel 63. Dayton Plaza 78. Raffles Apartments 4. Burswood Resort & Convention Centre 19. 77 Parkside 34. District Court 49. Wesley Centre 64. Cloisters 79. Mill Point Apartments 5. Burswood Casino 20. Allied House 35. Park Towers 50. Perth City Busport 65. Mount Newman House 80. Mounts Bay Village 6. Burswood Resort Hotel 21. Westos House 36. Cine Centre 51. Capitol House 66. London House 81. Huntington Gate 7. WACA Stand 22. Sheraton Hotel 37. Pier Street Carpark 52. 30 The Esplanade 6 7. Forrest Centre 82. Fiona Stanley Hospital 8. WACA Lights 23. Langley Plaza 38. Perth City Council Carpark 53. Griffin Centre 68. St George’s House 83. Harry Perkins Institute of Medical 9.
    [Show full text]