LAST WEEK THE MINISTER FOR PLANNING ANNOUNCED CHANGES TO THE “OPT IN” RANGE FOR DEVELOPMENT ASSESSMENT PANELS THAT PROVIDE GREATER FLEXIBILITY FOR DEVELOPERS TO CHOOSE TO GET THEIR APPROVAL THROUGH THE LOCAL GOVERNMENT OR THROUGH THE DAP. DAPs were an initiative of the Council of Australian Governments which was progressing a national planning reform agenda […]
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UDIA SUPPORTS THE ORDERLY ROLL OUT OF LAND FOR URBAN DEVELOPMENT. HOWEVER IT RECOGNISES THAT, IN A PROPONENT DRIVEN SYSTEM, THE LAND OWNERS MAY NOT WANT TO, OR BE ABLE TO, DEVELOP WHEN IT IS THEIR “TURN.” When the major strategic planning strategy, Directions 2031, was first being developed under the then newly elected Barnett […]
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RE-SELLING OF VACANT LAND BECAME A KEY FEATURE OF THE MARKET DURING THE PERIOD OF STRONG PRICE GROWTH IN 2003 TO 2006, BUT SINCE THIS TIME THE RETURN ON SPECULATIVE LAND PURCHASES HAS CONSIDERABLY DECLINED. Land speculation is a risky investment but when the Perth residential land market was experiencing strong demand and price growth […]
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