Perth's Convention Centre is sinking, but who will pick up the $10m-plus repair bill?

Updated September 18, 2019 18:55:01 Photo: Those aren’t intentional speed bumps. Patrons face a bumpy ride in the convention centre carpark. (ABC News: Rebecca Trigger) Related Story: Group says private sector should run struggling convention centre Related Story: Govt receives Perth convention centre report Perth’s flagship convention centre at the heart of the CBD is

Continue Reading

Construction companies collapsing at record rate as building slowdown bites

Updated September 26, 2019 09:11:03 Photo: This apartment construction site in Cronulla was left half-finished after the developer went under. (ABC News: John Gunn) New figures show the housing slowdown is biting NSW hard, with the number of construction companies going under last quarter hitting its highest level in almost four years.  Key points: NSW

Continue Reading

Petrol could get to $2 a litre and that may be the straw that breaks the economy's back

Updated September 18, 2019 11:57:38 Photo: The precision of Saturday’s attack indicates further raids are possible. (AP: US government/Digital Globe) For years central banks across the developed economies have fought with just about every weapon in their arsenal — and even some they didn’t previously know they had — to try to boost inflation. Over

Continue Reading

Live: NSW Now: Minor earthquake shakes Snowy Mountains, swim coach faces 47 more charges

Posted September 26, 2019 06:53:11 Photo: The earthquake in Berridale had a depth of 10 kilometres. (Supplied: Geoscience Australia) Here’s what you need to know this morning. Snowy Mountains hit by earthquake A 3.1 magnitude earthquake struck Berridale in the NSW Snowy Mountains last night but there have been no reports of damage or injuries.

Continue Reading