Business News The federal government’s $54 million budget pledge to support modern construction methods may have felt like déjà vu for many Western Australians. Just 21 days earlier, the state government made a similar commitment, allocating $50 million to alternative building methodologies. Both levels of government noted that the funding was designed to help accelerate […]
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Business News Industry has welcomed the state government’s expansion of the stamp duty rebate plan to include apartments under construction, with experts hoping it will boost housing supply. Treasurer Rita Saffioti announced the move today, speaking at Blackburne’s East Village project in Karrinyup, which is due for completion later this year. The scheme provides a 75 per cent […]
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THE REPORT ON FOREIGN INVESTMENT IN RESIDENTIAL REAL ESTATE WAS RELEASED LAST WEEK AND MADE SOME SENSIBLE OBSERVATIONS, INCLUDING THE NEED TO IMPROVE THE CURRENT INEFFICIENT PROCESS OF DATA COLLECTION AND TRACKING OF BOTH THE VOLUME AND IMPACT OF OVERSEAS FOREIGN INVESTORS ON THE PROPERTY MARKET. WHILST THE FOREIGN INVESTMENT REVIEW BOARD (FIRB) RELEASES DATA, […]
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