Inside Perth’s booming broker scene (just don’t call them cowboys)
Making money in the mining capital differs from over east, with relationships forged on Rottnest Island’s white sand and deals discussed on crayfishing boats.
The annual migration of fund managers into Western Australia is marked each March by a flock of chartered seaplanes settling in the turquoise waters of Rottnest Island’s Thomson Bay.
For the past 25 years, hundreds of investors and executives have swapped their suits for shorts and sidestepped quokkas at the Rotto conference, ostensibly to discuss how the state’s business opportunities – predominantly mining-related – can make their companies and clients wealthier.
Mark WembridgeResources reporterMark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au
