The Property Tribune Despite various stimulus measures such as Homebuilder winding up, new land sales in Perth remain strong, according to the Urban Development Institute of Australia (UDIA WA). The latest figures show new lot sales increased by almost 5% during the March quarter. While this quarterly figure is significant, there was a 31% increase […]
Read more
The Sunday Times The Australian Prudential Regulation Authority (APRA) has announced it is considering reducing the seven per cent oor on serviceability calculations for residential mortgages, instead allowing banks to assess loans at 2.5 per cent above current rates. Currently, APRA requires lenders to assess whether or not a consumer can afford a loan […]
Read more
THE WEST AUSTRALIAN Planning reform troubleshooter Evan Jones is calling time on game playing and finger-pointing in WA’s complex, convoluted and inefficient planning system. Mr Jones, called into service by Planning Minister Rita Saffioti to lead a team charged with fixing the State’s messy planning regime, last week implored 450 council, developer and property attendees […]
Read more