THE RISE OF THE SMALL LOT IS GETTING PLENTY OF MEDIA ATTENTION AT THE MOMENT WHICH IS INTERESTING GIVEN THAT IT IS MORE ABOUT “BACK TO THE FUTURE” RATHER THAN A NEW PRODUCT. Six metre wide lots were not unusual in areas such as Subiaco which were developed before the rise of the motor vehicle. […]
IN THE PROPERTY MARKET MAKING SENSE OF STATISTICS IS VITAL BUT TAKEN IN ISOLATION, SOME STATISTICS CAN BE DOWNRIGHT CONFUSING. THERE ARE A FEW QUESTIONS TO ASK YOURSELF WHEN TRYING TO MAKE SENSE OF WHAT THE COMMENTATORS ARE SAYING. The first is the time period the data refers to; some data can be up to […]
THE CITY OF KWINANA CELEBRATES 60 YEARS SINCE THE LAND WAS ANNEXED FROM WHAT WAS THE QUIET SEASIDE RESORT OF ROCKINGHAM TO CREATE THE KWINANA DISTRICT. TODAY KWINANA HAS BECOME A THRIVING COMMUNITY, AFTER A COUPLE OF FALSE STARTS IN 1829 AND THE SOLDIER SETTLEMENT SCHEME IN THE POST WORLD WAR 1 ERA. The trigger […]
AFTER A RECORD BREAKING RUN OF SALES IN 2013, THERE WAS A SLIGHT DECLINE IN LOT SALES THIS QUARTER ACCORDING TO UDIA’S URBAN DEVELOPMENT INDEX, A SURVEY OF THE THIRTY LARGEST LAND DEVELOPERS IN WESTERN AUSTRALIA. WITH STOCK IN DECEMBER REACHING CONCERNING LEVELS THE FALL IN SALES IS NOT SURPRISING. HERE IS A QUICK SNAPSHOT […]
THE RECENT REPORT BY THE ECONOMIC REGULATION AUTHORITY INTO MICROECONOMIC REFORM INCLUDED A RECOMMENDATION TO ABOLISH KEYSTART, WHICH IS THE GOVERNMENT AGENCY THAT PROVIDES MORTGAGES TO ELIGIBLE PEOPLE TO PURCHASE NEW OR EXISTING HOMES WHO MAY NOT OTHERWISE OBTAIN COMMERCIALLY AVAILABLE FINANCE. The argument for the abolition of Keystart is premised on a very narrow […]
THE ECONOMIC REGULATION AUTHORITY (ERA) RECENTLY RELEASED THEIR DRAFT REPORT INTO MICROECONOMIC REFORM IN WESTERN AUSTRALIA. THIS IS A BOLD LOOK AT POTENTIAL CHANGES AND THE IMPACT THAT THEY COULD HAVE ON THE ECONOMY. A small forest long (350 pages), the report looks at a massive range of concepts including congestion charging, retail trading hours […]
HAMES SHARLEY, A LEADING INTERNATIONAL DESIGN PRACTICE, RECENTLY SURVEYED DEVELOPERS IN NSW ABOUT WHAT THEY WANT FROM AN APPROVALS SYSTEM. NOT SURPRISINGLY THEIR COMMENTS RESONATED WITH THE EXPERIENCE IN WESTERN AUSTRALIA. The seven priorities are: 1. More community involvement in broad planning policy, and less ability to object to projects, provided they comply with the […]
THE STATE GOVERNMENT HAS ANNOUNCED A MORATORIUM ON THE IMPLEMENTATION OF WESTERN POWER’S COLLECTION OF THE TAX ON CAPITAL CONTRIBUTIONS. Sometimes common sense does come into play, even in the frantic lead up to the State Budget. The State Government has announced a moratorium on the implementation of Western Power’s collection of the tax on […]
IN JUST OVER A WEEK A 13.9% LEVY WILL BE INTRODUCED BY WESTERN POWER TO COVER THEIR INCOME TAX LIABILITY FOR INFRASTRUCTURE ASSETS THAT ARE GIVEN TO THEM FOR FREE. THE ROLE OF WESTERN POWER IS TO TRANSPORT ENERGY AND DEVELOPERS ROUTINELY BUILD AND GIFT TO WESTERN POWER THE INFRASTRUCTURE THEY NEED TO SERVICE ELECTRICITY […]