WA news LIVE: Authorities likely to call off search for shark attack victim today

Good morning readers, and welcome to our live news blog for Wednesday, March 12.

Making headlines today some of the most prominent residents of Perth’s “millionaires’ row” — from former WA governor Malcolm McCusker to media mogul Kerry Stokes — have been dragged into a bitter council dispute that has spilled out into the WA Supreme Court.

Read Jesinta Burton’s full court report here.

And yet another revelation has stemmed from the furore around the “outsourcing” of staffing and other works at Saturday’s state election.

Now, Hamish Hastie and Victoria Laurie report a subsidiary of the company that won an $86 million tender to recruit, train and manage 7000 election staff donated more than $67,000 to WA Labor last year.

Read the full story here.

Meanwhile, the residential property market in some Perth suburbs performed so strongly last year that it defied logic.

But for some of those suburbs there are early signs of a price correction, with quarterly data showing the median value is tracking lower.

And now that aggressive east coast investors have left the market, will there be a correction?

Sarah Brookes has the full story. You can read all about it here.

Thanks for joining us today. Stay tuned as we bring you more news you need to know.