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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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REFORMING PROPERTY TAXATION
STAMP DUTY IS WIDELY CONSIDERED INEFFICIENT AND INEQUITABLE, BUT ANY MOVE AWAY FROM THIS TAX NEEDS TO KEEP ALL OPTIONS ON THE TABLE. In a recent article published in South Australia, commentator Jessica Irvine described…
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WA HEADING TOWARDS A 90,000 DWELLING SHORTAGE
WESTERN AUSTRALIA IS HEADING TOWARDS A SEVERE HOUSING SHORTAGE AS THE STATE CONTINUES TO EXPERIENCE RECORD POPULATION GROWTH. According to well respected economist, Paul Braddick from the ANZ, we are likely to be 90,000 dwellings…
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PERTH LAND MARKET KICKS INTO ANOTHER GEAR
THE LAND MARKET IN PERTH IS WELL ON THE ROAD TO RECOVERY WITH SALES INCREASING FOR THE THIRD CONSECUTIVE QUARTER IN THE THREE MONTHS TO SEPTEMBER, 2012. Every three months UDIA surveys our forty largest…
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DEVELOPING A BETTER ENVIRONMENTAL APPROVALS SYSTEM
THE STRATEGIC ASSESSMENT PROCESS SHOULD DELIVER GREATER SURETY FOR BOTH URBAN DEVELOPMENT AND CONSERVATION OUTCOMES THAN THE CURRENT PROJECT BY PROJECT ASSESSMENT PROCESS. Last week I spoke at a national Biodiversity Conference to highlight some…
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GEN Y HOUSING CHOICE
GENERATION Y PREFERENCES ARE CHANGING THE PROPERTY WE DEVELOP The influence of the Gen Y on the property market, and life in general, is now very obvious in the USA. Ironically Gen Y’s reflect some…
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PROTECTING THE ENVIRONMENT
ENVIRONMENTAL RESPONSIBILITY IS PART OF MOST MODERN DEVELOPMENTS AND ON THE SWAN COASTAL PLAIN, WHERE PERTH IS LOCATED, IT IS EXTREMELY IMPORTANT GIVEN WE ARE LOCATED IN ONE OF THE TOP TWENTY BIODIVERSITY HOT SPOTS…
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ELIZABETH QUAY TO TRANSFORM CBD
MOST PEOPLE HAVE NOW HEARD OF ELIZABETH QUAY BUT MOST WOULD NOT BE AWARE OF THE DETAILED PLANNING THAT IS SITTING BEHIND THIS MASSIVE PROJECT. Whilst the government is currently constructing the inlet, it will…
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SHORT SUPPLY ACUTE WHEN MARKET TURNS
FIRST HOME BUYERS PLAY A CRITICAL ROLE IN THE PROPERTY MARKET BECAUSE THEY HELP TO “UNCLOG” THE MIDDLE MARKET. In a normal market first homebuyers are about 20 to 25 percent of the market but…
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AN EMOTIONALLY CHARGED RECOVERY
WHILST THE FUNDAMENTALS FOR A CONTINUED UPLIFT IN PROPERTY ACTIVITY ARE STRONG, PROPERTY MARKET MOMENTUM WILL BE MAINTAINED AND EXACERBATED BY EMOTIONAL FACTORS Strong economic growth, record population growth, a tight rental market, decreasing mortgage…