Friday, 8 February 2008

Camellia contamination site

The Department of Environment and Climate Change has found that it no longer has “reasonable grounds" to believe that contamination at 41 Grand Avenue, Camellia, presents a significant risk of harm to human health or the environment


Office vacancies decrease

In spite of the addition of 48,331 square metres of new space, office vacancies in the Parramatta CBD have fallen from 8.2 per cent in the six months to July 2007 to 7.4 per cent in the six-month period to January 2008, according to the Property Council’s Australian Office Market Report. The A-grade vacancy figure was 2.2 per cent, a significant drop from 10.8 per cent two years previously. The current figure compared with 2.9 per cent of the total Australian non-CBD statistics and 3.0 per cent of the total Australian market.


API's sales recover

Sales of drug distributor and beauty products retailer, Australian Pharmaceutical Industries (API), based at Camellia, have risen by 18 per cent to $1.3 million in the first five months of fiscal 2008.MD, Stephen Roche, said further sales growth was a sign that the turnaround of the business was continuing. Former MD, Jeff Sher, resigned last year when API reported a net loss of $11.3 million.