Category: Uncategorized
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City of Wanneroo is State’s powerhouse for housing, growing by the size of Duncraig over two years
The West Australian The City of Wanneroo is leading the way on development, growing nearly twice as quickly as the next fastest-growing area and cementing its position as WA’s growth powerhouse. Recognised recently by UDIA…
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Home building boost needed to fix housing affordability, says property industry
Real Estate.com.au Australia needs to match first-home buyer incentives and other housing assistance with more home building, as the nation’s housing affordability deteriorates to its lowest level ever, the property industry warns. The Urban Development…
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WA risking $500b infrastructure bottleneck amid ‘white tape’ crisis
Business News WA risks squandering a generational economic boom unless industry and government dismantle internal bureaucracy, end adversarial habits and forge deeper delivery partnerships, former Infrastructure WA chair Nicole Lockwood has warned. Speaking at Business…
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WA set for planning reforms as Federal Government announces $30m bid to cut red tape
The West Australian The Albanese Government is kicking in nearly $30 million towards WA’s planning reforms. Federal Treasurer Jim Chalmers on Saturday said the $29.6 million funding would help cut red tape, providing faster approvals…
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Gavin Hegney slams Federal Govt
Business News Gavin Hegney has lambasted the federal government’s changes to negative gearing and capital gains and offered an alternative idea to make easier for first home buyers. The experienced property valuer and Hegney Property…
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Lifting interest rates is no longer a reliable way to cool inflation
The West Australian – Opinion: Kim Macdonald Younger people wanting to buy a home, or who are newly on the property ladder, really have got the rough end of the stick when it comes to…
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Interest rates on hold but RBA governor keeps door open to hikes
Australian Broadcasting Corporation The Reserve Bank has kept interest rates on hold at 4.35 per cent, in a unanimous decision. The move comes after headline inflation cooled a bit in June, and property prices declined…
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Housing supply bottleneck deepens as construction delays threaten rents, property prices
Australian Property Investor Australia is building fewer homes than it needs despite a record number of dwellings under construction, reinforcing concerns that chronic housing undersupply will continue to support rents and, over time, property prices.…
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Growth slows in Perth housing market
Business News Home values in Perth grew by just 0.1 per cent in July, as the national housing market continues to decline. Cotality’s recent home value index shows that Perth’s median home value increased to…