The Urban Developer At least half Australia’s building companies are trading insolvent, teetering on the brink of collapse and the construction industry’s troubles are “about to get a whole lot worse”. So says Association of Professional Builders co-founder Russ Stephens as the casualties in the country’s pressure-cooker construction sector keep piling up. “Our estimate is […]
Read more
Realestate.com.au The extension of Western Australia’s stamp duty rebate for units sold off the plan will help increase the supply of apartments and attract investors back to the market, property sector stakeholders say. The rebate for off-the-plan residential units and apartments was extended for another two years – at a reduced rate – at a […]
Read more
WAToday Property experts warn Western Australia is facing a problem that has been “years in the making” as strong population growth and ongoing building delays pushed Perth’s rental vacancy rate down to 0.7 per cent in September, a decline of 0.1 percentage points from August. REIWA chief executive Cath Hart said data suggested the rate […]
Read more