2012 POSED A NUMBER OF CHALLENGES BUT ALSO OPPORTUNITIES FOR THE PROPERTY DEVELOPMENT SECTOR. It was the night before Christmas and all through the house, not a creature was stirring, not even a mouse, unless of course you live in Perth where the rental vacancy rate has dropped to less than two percent and you […]
Read more
A SUMMARY FROM THE INSTITUTE’S LATEST ECONOMIC AND HOUSING MARKET UPDATE Economy Expectations are that the RBA Board will let a cash rate that has nearly halved over the last two years and a falling dollar that is down 15 per cent against the USD work their way through the economy, with the possibility of […]
Read more
Business News The state government has flagged a reversal of recently announced medium density planning reforms, with many single dwellings to be excluded and other changes to be deferred. Planning Minister John Carey has deferred gazettal of State Planning Policy 7.3, which was a new addition to Western Australia’s Residential Design Codes, aka R-Codes. The new policy […]
Read more