UDIA WELCOMED LAST WEEK’S ANNOUNCEMENT BY THE PLANNING MINISTER OF NEW GUIDELINES FOR THE PREPARATION OF DEVELOPMENT STRUCTURE PLANS. Most people will look blankly at you when you start to talk about structure plans but they are the first round of planning that occurs for new sites. They are intended to give a broad understanding […]
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MOST PEOPLE ARE AWARE THAT THE COST OF INTEREST ON A LOAN CAN BE MORE THAN THE COST OF WHAT YOU PURCHASED, DEPENDING UPON THE INTEREST RATE AND THE DURATION OF THE LOAN. IN PROPERTY DEVELOPMENT, THESE “HOLDING COSTS” CAN BE CRIPPLING IF THE PROCESS TAKES LONGER THAN ANTICIPATED. In the Phase Two of the […]
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Business News Nearly 40 per cent of a family’s income is needed to afford a house in Western Australia, industry data for the past quarter shows. The Real Estate Institute of Australia Housing Affordability Report shows 39.5 per cent of family income was needed to meet loan repayments in the state, based on a median […]
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