The Property Tribune Consumers remain positive about the Perth property market despite the ending of stimulus, according to the Urban Development Institute of Australia (UDIA) and Urbis Home Purchaser Sentiment Survey. 44% feel positive about purchasing property in the current Perth market, while 69% expect prices to rise within the next six months. Of those […]
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The Urban Developer At least half Australia’s building companies are trading insolvent, teetering on the brink of collapse and the construction industry’s troubles are “about to get a whole lot worse”. So says Association of Professional Builders co-founder Russ Stephens as the casualties in the country’s pressure-cooker construction sector keep piling up. “Our estimate is […]
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Business News The property industry hopes imminent planning reform will address the inefficiencies surrounding infrastructure initiatives funded by developer contributions. More than $230 million of developer-contributed funds for community infrastructure is sitting in local government-managed bank accounts waiting to be spent, according to a new report. The ‘Finding the Future: Improving the Governance of Developer-Funded Infrastructure’ […]
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