THE RESERVE BANK BOARD’S DECISION TO CUT THE CASH RATE TO A HISTORICAL LOW IN EARLY MAY HAS ENCOURAGED A STRONG LIFT IN FIRST HOME BUYERS IN WESTERN AUSTRALIA. The number of applications for the FHOG increased 22 per cent in May, reaching levels not seen outside the 2008/09 construction stimulus period. Urban Development Institute […]
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THE BANK WEST CURTIN ECONOMIC CENTRE RECENTLY RELEASED THEIR REPORT ON WORKFORCE AND SKILLS: WESTERN AUSTRALIAN LABOUR MARKETS IN TRANSITION. THE REPORT INVESTIGATES EMPLOYMENT IN WESTERN AUSTRALIA AND FINISHES ON A HIGH NOTE SAYING THAT THEY DON’T SUBSCRIBE TO THE NEGATIVE VIEWS PUT FORWARD BY “SOME DOOMSAYERS WHO WARN OF A DAMAGING POST-BOOM CONTRACTION IN […]
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The Property Tribune Interest rate rises, higher property prices and rent increases have made housing less affordable in Western Australia according to new report Housing Affordability in Western Australia 2023 from the Bankwest Curtin Economics Centre (BCEC). The report found that increased housing demand, driven by factors such as population growth, has been putting extreme pressure on rental […]
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