THE NEXT AUSTRALIAN BUREAU OF STATISTICS POPULATION DATA IS DUE FOR RELEASE NEXT MONTH BUT WE MAY ALREADY BE SEEING INDICATORS OF A SECOND QUARTER OF GROWTH FOLLOWING THE DRAMATIC PLUNGE IN JUNE LAST YEAR WHEN NET OVERSEAS MIGRATION FELL SIGNIFICANTLY BY TWO-THIRDS AND NET INTERSTATE MIGRATION DIVED INTO THE NEGATIVE. The September net figure […]
THE STATE GOVERNMENT HERALDED A NUMBER OF CHANGES FOR THE PROPERTY INDUSTRY IN THIS YEAR’S STATE BUDGET, THE MOST OBVIOUS BEING THE REMOVAL OF THE FIRST HOME OWNER GRANT FOR EXISTING HOUSING. This change builds on last year’s adjustment which saw the $7000 grant varied to favour new dwellings. While the change will encourage the […]
THE HOUSING INDUSTRY FORECASTING GROUP RELEASED ITS LATEST REPORT ON DWELLING COMMENCEMENTS THIS MONTH. THE HIFG IS A UNIQUE BODY WHICH BRINGS TOGETHER ALL OF THE KEY STAKEHOLDERS FROM GOVERNMENT AND INDUSTRY TO TRY TO UNPACK THE DATA AND PREDICT WHAT WILL HAPPEN IN THE RESIDENTIAL PROPERTY MARKET. The main goal is to identify early […]
LAST WEEK THE STATE GOVERNMENT RELEASED THE THIRD ITERATION OF ITS STRATEGIC PLANNING DOCUMENTATION WHICH STARTED WITH THE RELEASE OF DIRECTIONS 2031 AND BEYOND SIX YEARS AGO. THE SUBREGIONAL FRAMEWORKS OUTLINES WHERE, AND HOW MUCH, DEVELOPMENT WILL BE REQUIRED TO HOUSE A POPULATION OF 3.5 MILLION PEOPLE. The Perth/Peel region is broken down into four […]
LAST WEEK THE MINISTER FOR PLANNING ANNOUNCED CHANGES TO THE “OPT IN” RANGE FOR DEVELOPMENT ASSESSMENT PANELS THAT PROVIDE GREATER FLEXIBILITY FOR DEVELOPERS TO CHOOSE TO GET THEIR APPROVAL THROUGH THE LOCAL GOVERNMENT OR THROUGH THE DAP. DAPs were an initiative of the Council of Australian Governments which was progressing a national planning reform agenda […]
THOSE OF YOU WHO HAVE ENJOYED A VISIT TO LONDON YOU MIGHT BE INTERESTED TO KNOW THAT THEY HAVE FINALLY TOPPED THE POPULATION RECORD SET IN 1939 OF 8.6 MILLION PEOPLE. WHAT IS EVEN MORE FASCINATING IS HOW THE CITY IS GROWING, AND THERE ARE INTERESTING PARALLELS TO PERTH. The construction of the London underground […]
IN THE UNITED NATIONS DECLARATION OF HUMAN RIGHTS, ARTICLE 25 INCLUDES THE FOLLOWING: “EVERYONE HAS THE RIGHT TO A STANDARD OF LIVING ADEQUATE FOR THE HEALTH AND WELL-BEING OF HIMSELF AND OF HIS FAMILY, INCLUDING FOOD, CLOTHING, HOUSING AND MEDICAL CARE AND NECESSARY SOCIAL SERVICE.” A report by the McKinsey Global Institute estimates that […]
RECENTLY RELEASED AUSTRALIAN BUREAU OF STATISTICS DATA HAS CONFIRMED JUST HOW QUICKLY WE ARE GROWING; IN THE DECADE TO 2014, PERTH GREW BY 463,068 PEOPLE – 35,000 MORE THAN BRISBANE. Infill is part of that growth. The City of Vincent became the first local government area to break through the 3000 persons per square kilometre […]
UDIA REGULARLY SURVEYS THE INDUSTRY TO DETERMINE ITS VIEWS ON OPERATING CONDITIONS. IN THE SURVEY RELEASED LAST WEEK, THE RESPONSE WAS FAR FROM THE NEGATIVE OUTCOMES WE WERE ANTICIPATING DUE TO THE CONTRACTING MARKET. In fact it was a relatively positive response with 81 per cent of respondents saying that workloads had stayed the […]