St George Bank Opens Free CBD Co-Working Space


St George Bank, in a push to attract more SME businesses, has opened a free co-working space in their Central Park office on St George Terrace.

Picture 7The bank opened a similar space in Chatswood, Sydney, last year and apparently that’s been a great success so they decided to replicate it here.

St.George General Manager of Business Banking, Phillip Godkin said St.George recognises SMEs are the engine room of the Australian economy and the new hub is part of a long term investment to support and strengthen local businesses in Western Australia.

“It’s great to see positive sentiment and a huge appetite for small business growth in Western Australia with 97 per cent of all businesses actively trading as SMEs in the state. We’re really excited to launch the Perth Business Hub and help more Western Australian small businesses get up and running.”Picture 8

The deal is that anyone can book time in any of the offices or desks, any amount of time apparently, from single hours right up to multiple days. There are a few small offices for teams or meetings, and about a dozen open-plan desks for hotdesking. The desks are equipped with either MacBooks or iMacs already, which is a bit strange, I’m not sure I’d trust personal data or protected work to this arrangement. But you can always bring your own laptop of course.

The bank figures that being close to SME business and helping them will lead to more SME business for them, as part of a larger initiative to get more SME business through their doors. Good to see more attention being focused on this end of the market.

To try the space out and book some time, email


  1. I booked in and checked it out today. If you go in, you have to ask the clerk to let you in, its pin coded. Then up a few flights of stairs, it was still empty as to be expected so early on. But it is super new and comfortable, views overlooking the terrace, and very spacious.

    No sign of the Macs Marcus was talking about, I was looking forward to trying one out, to see how the other half work.

    Free wifi was advertised, but no one had the password yet, and the manager was out, so that wasnt very helpful.

    Being very empty it was easy to get some (offline) work done, but some more co-working community vibe is needed. I wonder if they are open to meetups?

    Ill give them another shot and see if it gets better in terms of booking, access, wifi, community etc.

    It also makes me wonder about the commoditization of work space, what are the implications for Spacecubed etc? If the Business Hub is a customer acquisition strategy for St George and its a cost effective means then surely other groups will follow(rental is oversupplied currently in Perth).

    We shall see how it pans out.

    • Reply from St George:

      The iMacs and MacBooks are currently with our IT department to ensure the right security settings are placed to protect their use. They’ll definitely be back next week. In terms of the Wi-Fi, the password is now visibly displayed.

      So try again next week I guess 🙂

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