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 […]
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Build Australia From new land estates to apartments, the very best development projects in Western Australia were recognised on Friday night at the prestigious Urban Development Institute of Australia (UDIA WA) Awards for Excellence. UDIA WA CEO, Tanya Steinbeck, said there was a common theme among the award winners, with many having a significant focus on high levels […]
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Business News The property industry hopes imminent planning reform will address the inefficiencies surrounding infrastructure initiatives funded by developer contributions. More than $230 million of developer-contributed funds for community infrastructure is sitting in local government-managed bank accounts waiting to be spent, according to a new report. The ‘Finding the Future: Improving the Governance of Developer-Funded Infrastructure’ […]
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