Category: Uncategorized
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RBA can’t rate WA
THE WEST AUSTRALIAN The blunt message last week from Reserve Bank assistant governor Michele Bullock’s speech to the Urban Development Institute of Australia (WA) was that lending and development excesses have hangovers that take time…
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Surcharge rethink urged
THE WEST AUSTRALIAN WA’s newly introduced foreign buyers’ surcharge was unlikely to help the State’s sluggish property market, Reserve Bank assistant governor Michele Bullock said. Ms Bullock told a UDIA WA function last week that…
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UDIA WA State Budget Submission
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…
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UDIA LAUNCHES WA POLICY PRIORITIES FOR 2019
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:…
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Better times ahead for the Perth property market, experts say
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…
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New analysis predicts WA property set for upswing
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,…
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Writing is on walls as regulator vows ‘no more hits’
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…
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Planning failures drive DAP woes
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…
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Housing, red tape focus as state budget lifts
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…