Another article in Perth Now points to a macro trend worth noting: "Population explosion makes Perth the prime mover". Excerpt:
A NEW study has found Perth is growing at the fastest rate of any city in Australia's 200-year history.
Monash University population expert Bob Birrell said Perth's population would increase by 43 per cent between 2005 and 2021, taking the number of people living in the city from about 1.5 million to more than 2.1 million."It's a massive task for building infrastructure."
Dr Birrell said that would constitute the fastest rate of growth of any Australian city, at any time.
"This is absolutely massive, completely unprecedented,'' Dr Birrell said.
Time to start researching what local companies will benefit from this macro trend (infrastructure companies obviously are the first to come to mind), and then drill down further for potential investment opportunities. I'll post a follow-up after I've done some homework on this.