Australian Property Investor Magazine
Western Australia’s state budget this week introduced measures to ease pressure on the housing supply crisis, but the UDIA is advocating for more to be done.
Perth holds the mantle as one of the most affordable capital cities in Australia, however following Thursday’s State Budget, handed down by Premier and Treasurer Mark McGowan, the jury is out on how long that mantle will remain.
With the State amid a housing supply crisis, the McGowan Government’s budget has tinkered at the edges of a complex issue that requires a greater focus on driving housing supply across the continuum and a greater willingness to take long term action in relation to major taxation and regulatory reform.
In short, the measures introduced in this Budget are very much welcome, we just hope there is more to come.
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