Australian Property Investor Magazine Labor’s investment vehicle to raise funds for social and affordable housing projects, HAFF, was a signature election promise but it is in peril unless the government can get The Greens to support it. The federal government’s signature $10 billion housing fund may be killed off before a brick is laid. A […]
The Property Tribune The Western Australian property market has been incredibly resilient this year, with demand remaining strong according to a new report. The Western Australian Market: Data & Insights Report presented by realestate.com.au, for UDIA WA, found that median prices increased for apartments and houses across the board in Perth and Peel as well as in […]
Business News Satterley Property Group director of planning Megan Adair has criticised the state government’s approach to planning policy, saying it is crippling the delivery of affordable housing. Speaking at an Urban Development Institute of Australia WA event today, Ms Adair said policies relating to public open space contributions and medium density were hampering developers’ ability to bring affordable housing to the […]
The West Australian Developers fear a draft policy — to charge Public Open Space contributions on infill projects like apartments — is akin to a new tax. The Urban Development Institution of Australian (WA) claims the State Government’s newly released draft Public Open Space policy ignores market realities. The draft policy applies the long-standing 10 […]
Business News Cabinet ministers Rita Saffioti, Paul Papalia, Bill Johnston and Balcatta MP David Michael were the major movers as Roger Cook unveiled his refreshed cabinet at Dumas House this morning. As widely expected, Ms Saffioti was handed the position of treasurer following her critical role endorsing Mr Cook for premier after the shock resignation […]
The Property Tribune Last week, Mark McGowan stepped down as Premier of Western Australia and Member for Rockingham. His replacement, Roger Cook, has today announced the new cabinet, which sees the Planning portfolio go from Rita Saffioti to John Carey, and Carey’s Local Government portfolio go to cabinet newcomer David Michael. Saffioti will become Deputy Premier, and also picked up Treasurer […]
WAToday While already well-established in the United Kingdom and United States, the build-to-rent property development model is in its infancy in Western Australia. But the concept is expected to gain traction following the announcement of state and federal tax sweeteners for the private sector to commit to new projects. Limnios Property Group managing director James […]
The Bankwest Curtin Economics Centre launched their new report, Housing Affordability in Western Australia 2023: Building for the future on Friday 5 May. This report found that housing affordability is deteriorating for both renters and mortgage holders, with no end in sight. Read the full report here: https://bit.ly/bcechousing2023 Tune in from 44:48 for the Panel […]
Australian Property Investor Magazine Western Australia’s state budget this week introduced measures to ease pressure on the housing supply crisis, but the UDIA is advocating for more to be done. Perth holds the mantle as one of the most affordable capital cities in Australia, however following Thursday’s State Budget, handed down by Premier and Treasurer […]