THE WEST AUSTRALIAN WA’s newly introduced foreign buyers’ surcharge was unlikely to help the State’s sluggish property market, Reserve Bank assistant governor Michele Bullock said. Ms Bullock told a UDIA WA function last week that in times of strong growth a surcharge would “take the edge off”. “I would only observe that given the WA […]
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AUSTRALIAN FINANCIAL REVIEW
The Urban Development Institute of Australia has elected new national president Darren Cooper, pictured, to replace the outgoing Michael Corcoran.
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The West Australian Perth is officially the most affordable capital city to buy a block of land. After being usurped by Adelaide last year, Perth is once again a bargain-hunters’ dream, with a median new land price of $228,000. This compares to an eye-watering average price of $716,381 in Sydney and $382,125 in Melbourne and […]
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