Business News The property industry hopes imminent planning reform will address the inefficiencies surrounding infrastructure initiatives funded by developer contributions. More than $230 million of developer-contributed funds for community infrastructure is sitting in local government-managed bank accounts waiting to be spent, according to a new report. The ‘Finding the Future: Improving the Governance of Developer-Funded Infrastructure’ […]
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AFFIRMATION THAT LAND SALES VOLUMES ARE INCREASING OR DECREASING IS UNFORTUNATELY A POST-HOC PROCESS IF YOU ARE RELYING SOLELY ON FINAL SETTLED SALES DATA While Landgate (the state government’s land information provider) sales data is valuable and informative, there is a considerable lag between when land sales contracts are signed and when they are settled. […]
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WA Today Perth’s historic low of available rental properties could instantly increase by 53 per cent if investors bought and rented 1600 apartments for sale in some of the city’s most attractive suburbs. That was the message at an industry event hosted by the Urban Development Institute of Australia WA on Wednesday. Perth’s rental vacancy […]
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