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DWELLING FORECASTS REVEAL DIRE NEED FOR INDUSTRY SUPPORT: UDIA WA
Forecasts released by the Housing Industry Forecasting Group (HIFG) today reinforce the dire need for more support for the property industry from the State Government according to the Urban Development Institute of Australia (UDIA WA). The HIFG has revised down it’s forecasts for 2019/20 dwelling commencements in WA from 15,500 in November 2019 to just…
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INDUSTRY SUPPORTS LOCAL INFRASTRUCTURE PROJECTS FINANCIAL BOOST
The Urban Development Institute of Australia (UDIA WA) has welcomed the state government’s announcement today that there will be extra support for local governments accessing Western Australian Treasury Corporation (WATC) loans to progress critical local infrastructure projects. “This is a vital move by the state government to boost economic growth, maintain jobs and benefit local…
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UDIA WELCOMES LATEST LOCAL PLANNING EXEMPTIONS
The Urban Development Institute of Australia (UDIA WA) has welcomed today’s announcement by the Minister for Planning in regard to a range of planning exemptions to support the COVID-19 response. “The temporary exemption measures announced today are reflective of the decisive and swift action that the State Government has been taking over the last few…
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UDIA WA CALLS FOR LAND TAX REBATE FOR 2020-21 FINANCIAL YEAR
The Urban Development Institute of Australia (UDIA WA) is calling on the state government to consider a Land Tax Rebate as one of a number of initiatives being proposed by the development industry in order to retain jobs, support construction and sure up project delivery as the economy battles against the impacts of COVID-19. With…
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COSTS OF ‘MODERN METHODS’ OF CONSTRUCTION TO FALL 10%
West Australians are likely to see a lot more diversity in their housing product emerging over the coming years with findings from a recent report by the Urban Development Institute of Australia (UDIA WA) revealing that there are long term economic benefits to increasing the use of ‘modern methods’ of housing construction in the Perth…
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UDIA WELCOMES HOUSING INVESTMENT PACKAGE
The Urban Development Institute of Australia (UDIA WA) has welcomed the state government’s announcement of a $150 million housing investment package this morning as a well thought out move that will benefit the state’s housing market and stimulate broader economic growth. “Today’s announcement addresses many of the recommendations that were included in the package of…
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STOCKLAND LEADER APPOINTED UDIA WA STATE PRESIDENT
Property industry leader Col Dutton was elected State President of the Urban Development Institute of Australia (UDIA WA) at the organisation’s Annual General Meeting on Wednesday. Mr Dutton is General Manager, Residential at Stockland Western Australia and has more than 20 years’ experience working in the property industry around the country. UDIA WA is the…
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UDIA WA SUPPORTS NEW WATERWISE ACTION PLAN FOR PERTH
The Urban Development Institute of Australia (UDIA WA) has welcomed the release of the state government’s Waterwise Perth Action Plan today by the Minister for Water as a significant step forward in planning for our city’s water future. “Water is one of our most precious resources and we know from the evidence that we must…
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UDIA WA WELCOMES STAMP DUTY EXEMPTION
The Urban Development Institute of Australia (UDIA WA) has welcomed this morning’s state government announcement that a stamp duty exemption will be introduced for multi-unit dwellings. The move comes following appeals from industry that a package of policy measures is required to stimulate the flagging residential property market. “The current process for calculating stamp duty…