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ADDITIONAL FUNDING WELCOMED BUT EXTRA TIME STILL NEEDED
The Urban Development Institute of Australia (UDIA WA) welcomes an additional $30 million boost to the Building Bonus program as announced by the State Government, however there is still the need for an extension to the delivery timeframes to ensure quality and safety aren’t compromised in delivering the final product. Earlier today the McGowan Government…
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INDUSTRY CALLS FOR MORE TIME TO DELIVER NEW LAND AND HOMES TO WA MARKET
The Urban Development Institute of Australia (UDIA WA) is calling for an extension to the timeframe to commence construction of a new home that has been set under the current State and Federal government housing stimulus measures to ensure quality and safety aren’t compromised in delivering the final product. The call comes as new dwelling…
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HOME BUYER SENTIMENT POSITIVE IN FACE OF COVID CRISIS
Home buyer sentiment remains overwhelmingly positive despite the economic impact of COVID 19 in Western Australia according to a new survey (The Urbis/UDIA Home Buyer Sentiment Survey) released by the Urban Development Institute of Australia (UDIA WA) and Urbis. According to the survey, 48% of people are positive about purchasing a home in the current…
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MOST NEW LAND SALES ON RECORD ACHIEVED IN PERTH
The land sales market in Perth is surging with latest data from the Urban Development Institute of Australia (UDIA WA) recording the most land sales during the June quarter that have ever been recorded*. According to UDIA WA there were 3,322 new lots sold in the June 2020 quarter compared with 1,999 the previous quarter.…
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STRATEGIC INFRASTRUCTURE PLANNING FUNDAMENTAL TO FUTURE GROWTH IN WA
The Urban Development Institute of Australia (UDIA WA) congratulated the State Government today on the much-anticipated launch of the State Infrastructure Strategy discussion paper, which it is hoped will facilitate ongoing collaboration with industry around the future strategic planning, funding and provision of major infrastructure projects across the state. “Historically, infrastructure funding and prioritisation has…
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PLANNING REFORM TO FAST TRACK DEVELOPMENT AND SUPPORT WA ECONOMY
The Urban Development Institute of Australia (UDIA WA) has welcomed the passage of planning reform legislation today that will pave the way for a more efficient planning system that will facilitate jobs and boost economic growth during what are critical times for the state. “First and foremost, I would like to congratulate the Minister for…
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DEVELOPMENT INDUSTRY READY TO REBUILD ECONOMY
After weeks of working closely with the McGowan Government on ways to rebuild the economy as a result of the devastating impacts of COVID-19, the Urban Development Institute of Australia WA (UDIA WA) congratulates the Premier, Treasurer and Minister for Housing on a carefully curated stimulus package to create jobs and contribute to a sustained…
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HOUSING CONSTRUCTION STIMULUS WELCOMED AS CRITICAL TO INDUSTRY SURVIVAL
The Urban Development Institute of Australia (UDIA WA) has welcomed the Federal Government’s announcement today for housing construction stimulus that will assist with keeping the property and construction sectors alive during what are extremely challenging times. We have also been working closely with the State Government on a similar housing stimulus in WA and we…
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INDUSTRY WELCOMES SUITE OF PLANNING REFORMS TO SUPPORT ECONOMIC RECOVERY
The Urban Development Institute of Australia (UDIA WA) has welcomed the introduction of a suite of planning reforms by the Minister for Planning today that are aimed at boosting economic activity and driving jobs growth in response to the impact of COVID-19. In particular, a new mechanism that will prioritise the assessment and approval of…