A top economist for the National Australia Bank says Western Australia is poised to survive the national property downturn better than most, but it will be hampered by a lack of jobs, border controls and historically low oil prices. NAB predicts the average Perth house price will drop 1.2 per cent for the year and […]
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The West Australian WA’s peak property development body has called for the establishment of two expert groups to assist the State’s growing infrastructure needs. Urban Development Institute of Australia State chief executive Tanya Steinbeck outlined the need for “further industry collaboration” in a submission responding to Infrastructure WA’s latest strategy. Released for public comment, the […]
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WAToday Property experts warn Western Australia is facing a problem that has been “years in the making” as strong population growth and ongoing building delays pushed Perth’s rental vacancy rate down to 0.7 per cent in September, a decline of 0.1 percentage points from August. REIWA chief executive Cath Hart said data suggested the rate […]
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