Category: Uncategorized
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Private sector plays plan to reduce homelessness
Business News Industry leaders are finding ways to address shortfalls in affordable housing and homeless accommodation. The rising cost of living and housing supply pressures are contributing to an increase in homelessness and dependence on…
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WA Builders Collapse But ‘Whole Lot Worse to Come’
The Urban Developer At least half Australia’s building companies are trading insolvent, teetering on the brink of collapse and the construction industry’s troubles are “about to get a whole lot worse”. So says Association of…
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Decline in urban-zoned land supply could place pressure on WA housing affordability
WA Today A shelved plan to determine what land around Perth could be developed and what remnant bushland should be protected must be restarted as a priority to avoid future housing affordability issues, Western Australia’s…
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Land sales price pressure likely
Business News RESIDENTIAL land developers are cautiously optimistic about future sales in Western Australia, as the sector stabilises after years of volatility. Major players are reporting lower demand for new land than in 2020, when…
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‘Rightsize’ may fit all – Stamp duty plan to fix housing
The West Australian There are growing calls for targeted stamp duty relief to help home buyers “rightsize” amid the chronic housing shortage. The Real Estate Institute of WA and the Urban Development Institute of WA…
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Border pressure on rental market
Business News WESTERN Australia’s borders are open after almost two years, paving the way for interstate and overseas workers to plug the skills gaps exacerbated during COVID-19. But historically low rental vacancy rates mean there…
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Pushing the envelope
The West Australian Western Australian property developer Hesperia has achieved its first EnviroDevelopment certification, with the new Rivermark residential development receiving a stamp of excellence in sustainability. The Viveash estate on the banks of the…
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One per cent rate hike looming
Business News Leading independent economist Jonathan Pain says he expects at least four interest rate rises within this calendar year, as monetary policy normalises. Speaking at an Urban Development Institute of Australia WA event today,…
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Tanya Steinbeck talks to Perth LIVE with Oliver Peterson
UDIA WA CEO Tanya Steinbeck spoke to Perth LIVE with Oliver Peterson regarding the current state of the land market following another quarter of promising results as showcased in the latest edition of UDIA WA’s…