Business News The pathways to access power supply on new residential subdivisions will be simplified by the state government, in a move designed to accelerate project delivery and shorten a growing waitlist. The changes announced today by Energy Minister Reece Whitby will give land developers multiple pathways to achieve pre-design conformance review clearance on subdivision projects. Developers […]
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The Property Tribune Interest rate rises, higher property prices and rent increases have made housing less affordable in Western Australia according to new report Housing Affordability in Western Australia 2023 from the Bankwest Curtin Economics Centre (BCEC). The report found that increased housing demand, driven by factors such as population growth, has been putting extreme pressure on rental […]
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A SUMMARY OF THE INSTITUTE’S MONTHLY UPDATE ON THE WA MARKET WHICH WAS PUBLISHED THIS WEEK UDIA Chief Economist, Tim Connoley, this week published his latest report on the WA market. In essence he said that the low rate environment has encouraged the two most sensitive market segments: investors and First Home Buyers (FHBs). Investor […]
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