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The Urban Development Institute of Australia (UDIA) is Australia’s peak Representative body for all segments of the Urban Development Industry. The institute has been representing the industry in Western Australia for more than 40 years.
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APRA plans to relax guidance
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…
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LAND REPORT – MAY 2019
UDIA WA is pleased to partner with The West Australian to deliver The Land Report lift out in The Weekend West and Sunday Times two times a year. Featuring the latest land market data, trends…
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Election result a good outcome for property, but more needs to be done say industry bodies
COMMUNITY NEWS While parts of Australia are reeling from Saturday’s election result, the property industry has welcomed the outcome. Reiwa president Damian Collins said the Coalition’s victory meant there would be no change to national…
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WA firm on foreign buyer tax
WA BUSINESS NEWS The state government will not consider pausing or scrapping its surcharge on foreign property purchasers, despite a sharp reduction in sales to offshore buyers and growing scepticism over whether revenue will meet…
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Local market needs further incentives to really recover
THE WEEKEND WEST Not enough is being done to create more significant stimulus measures for the struggling property market, according to UDIA WA CEO Tanya Steinbeck. Ms Steinbeck’s view came off the back of the…
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Yagan Square wins national crown
THE WEST AUSTRALIAN Perth’s iconic Yagan Square development by the Metropolitan Redevelopment Authority has taken out top honours at the UDIA National Awards presented on the Gold Coast earlier this week. The project won awards…
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RBA can’t rate WA
THE WEST AUSTRALIAN The blunt message last week from Reserve Bank assistant governor Michele Bullock’s speech to the Urban Development Institute of Australia (WA) was that lending and development excesses have hangovers that take time…
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Surcharge rethink urged
THE WEST AUSTRALIAN WA’s newly introduced foreign buyers’ surcharge was unlikely to help the State’s sluggish property market, Reserve Bank assistant governor Michele Bullock said. Ms Bullock told a UDIA WA function last week that…
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UDIA WA State Budget Submission
UDIA has made a pre-budget submission to the state government outlining key areas where the government can support the property sector and the market recovery. Recommendations are made in relation to: – the establishment of…