RENTAL PRESSURE AND DECLINING MORTGAGE COSTS DROVE HOUSING CONSTRUCTION IN WESTERN AUSTRALIA TO ITS HIGHEST LEVEL SINCE 2010 Data published by the Australian Bureau of Statistics today show dwelling starts in the September quarter 2012 increased a seasonally adjusted 23.6 per cent to 5,166, its highest level since December 2010. UDIA (WA) CEO Debra Goostrey […]
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MOST PEOPLE ARE AWARE THAT THE COST OF INTEREST ON A LOAN CAN BE MORE THAN THE COST OF WHAT YOU PURCHASED, DEPENDING UPON THE INTEREST RATE AND THE DURATION OF THE LOAN. IN PROPERTY DEVELOPMENT, THESE “HOLDING COSTS” CAN BE CRIPPLING IF THE PROCESS TAKES LONGER THAN ANTICIPATED. In the Phase Two of the […]
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Business News The head of the state’s peak land development group says WA will miss out if it does not get its act together on housing. Urban Development Institute of Australia WA chief executive Tanya Steinbeck says Western Australia needs to “get its act together” to access federal funding to address the housing shortage. Speaking to Business News at today’s Shelter […]
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