UDIA has made a pre-budget submission to the state government outlining key areas where the government can support the property sector and the market recovery. Recommendations are made in relation to: – the establishment of a broad based land tax system which distributes taxes more equitably – the introduction of a stamp duty concession for […]
UDIA WA is pleased to launch our 2019 Policy Priorities document entitled Developing great places to live, work and prosper. This document provides a clear set of recommended actions for government across six key areas: Support affordable housing delivery Streamline the system Lead creation of housing choice Invest in strategic infrastructure Foster a liveable city […]
Domain.com.au Perth’s property market looks set for a year of slow improvement amid reduced access to finance, low population growth and oversupply in some suburbs, experts say. And most key local industry players agree the worst is over for Perth’s residential market. It comes as Perth’s median house price remained flat over the three months […]
Realestate.com.au The West Australian residential housing market is likely to make a comeback in the next 12 to 18 months, new analysis of WA property market cycles over the past 30 years shows. The research, based on three decades of Australian Bureau of Statistics data and analysed by the Urban Development Institute of Australia, predicts […]
The West Australian Australia’s banking regulator has assured WA Treasurer Ben Wyatt the State’s struggling property market will not be further hit by tougher lending restrictions on prospective homebuyers. In a letter sent to Mr Wyatt and obtained by The West Australian, the Australian Prudential Regulation Authority said it was not about to consider any […]
WA Business News Property industry bodies say it is local governments, not development assessment panels, which need to eliminate uncertainty in the planning process. Outdated planning policies have been blamed for flashpoints of frustration emerging in the state’s development approvals process, with developers calling for an overhaul of planning frameworks and approvals systems to eliminate […]
WA Business News The state budget will be in surplus in 2019/20, according to Premier Mark McGowan, while a $421 million expansion of the Keystart program for first homebuyers and a move to reduce red tape will be two new policies to support the local economy. Speaking at the Committee for Economic Development of Australia’s […]
The West Australian Both the State’s key property lobby groups are backing Planning Minister Rita Saffioti’s move to introduce a WA State Design Review Panel, citing the need for clarity and better outcomes for local communities. Ms Saffioti last month asked built environment experts to apply for positions on the panel, to provide independent advice […]
WA Today Rendering ugly old exposed brick, adding balconies, building rec rooms and other common spaces, and installing barbecues or pools to make the most of underused space are all now choices within reach for owners of Perth’s oldest blocks of units, thanks to new strata laws. The laws also mean one grumpy owner will […]