Business News New residential land sales have dropped by 17 per cent in the last quarter and by 4.6 per cent in the financial year, figures from the Urban Development Institute of Australia show. The UDIA’s latest survey of land developers showed 1,565 new lots were sold in the June 2022 quarter across the Perth […]
Read more
The Property Tribune Calls for the Western Australian government to commit to significant property tax reform have come from the Urban Development Institute of Australia (UDIA WA), as part of its comprehensive state budget submission. UDIA WA CEO Tanya Steinbeck said as the state emerges from the pandemic, the upcoming budget, which will be delivered by Treasurer […]
Read more
The Urban Developer At least half Australia’s building companies are trading insolvent, teetering on the brink of collapse and the construction industry’s troubles are “about to get a whole lot worse”. So says Association of Professional Builders co-founder Russ Stephens as the casualties in the country’s pressure-cooker construction sector keep piling up. “Our estimate is […]
Read more