THE AUSTRALIAN FINANCIAL REVIEW The near-doubling of a new tax on foreign residential property investors in Western Australia has been criticised by development and property experts, who claim it will slow economic recovery. The recent state budget increased a residential foreign buyer tax from 4 per cent to 7 per cent before the commencement date […]
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ON TUESDAY THE SECOND INSTALLMENT OF THE BLUE PRINT FOR PLANNING REFORM: “PLANNING MAKE’S IT HAPPEN PHASE II” WAS RELEASED. IF FULLY IMPLEMENTED, IT WILL REDUCE TIMELINES AND RELIEVE SOME COST PRESSURES IN THE LAND DEVELOPMENT PROCESS. In the first round of planning reform, the “model conditions” which are applied to subdivision applications were reviewed […]
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WAToday Western Australia welcomed an extra 420,000 residents in the 10 years to 2021, with some suburbs sprawled along Perth’s urban fringe more than tripling in population to absorb the intake. Back in 2011, fewer than 100 people lived in the northern coastal suburb of Alkimos. But the master planned community, one of the biggest […]
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