Business News A new report suggests Perth’s capacity to meet housing demand is diminishing, as stock of readily developable land runs low. Restrictive planning controls, infrastructure constraints, and land fragmentation are among the key factors limiting the supply of housing to the market, according to the Urban Development Institute of Australia. The institute’s latest report, […]
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IN AN ADDRESS ON THE 13TH FEBRUARY THE GOVERNOR OF THE RESERVE BANK OF AUSTRALIA SAID THAT “IN A COUNTRY WITH THIS MUCH LAND, IT OUGHT TO BE CHEAP TO GET A ROOF OVER YOUR HEAD.” INDEED LAND SUPPLY IS A MAJOR ISSUE, GETTING DEVELOPMENT SITES AT A PRICE THAT DELIVERS VALUE FOR MONEY OUTCOMES […]
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Business News The Urban Development Institute of Western Australia is calling on the state government to commit to significant property tax reform in its upcoming budget. Extending the stamp duty rebate for off-the-plan apartments and implementing land tax concessions are among the series of measures the institute believes will enable the property industry to continue […]
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