21 March 2022 Posted In: Uncategorized

Business News

WESTERN Australia’s borders are open after almost two years, paving the way for interstate and overseas workers to plug the skills gaps exacerbated during COVID-19.

But historically low rental vacancy rates mean there are few places for these workers to live.

Industry experts describe the issue as a double-edged sword, as an undersupply of labour has led to residential construction delays.

To read the full article, including comments from UDIA WA CEO Tanya Steinbeck, click here.

Related Posts

WA housing supply addressed by state budget

Australian Property Investor Magazine Western Australia’s state budget this week introduced measures to ease pressure on the housing supply crisis, but the UDIA is advocating for more to be done. Perth holds the mantle as one of the most affordable capital cities in Australia, however following Thursday’s State Budget, handed down by Premier and Treasurer […]

Read more

Claremont Council takes Stirling Highway to new heights

PerthNow CLAREMONT Council is paving the way for a new apartment, shop and business strip to eight storeys on Stirling Highway. Councillors have amended the Stirling Highway Local Development Plan, allowing for six storeys on the strip’s 70 blocks, and up to eight at two designated landmark sites, between its town centre and Loch Street. […]

Read more

Property investment opportunities rising in the west, setting in the east

Australian Property Investor Perth is the only capital city market rated as a ‘rising market’ and its affordability compared to cities such as Sydney and Melbourne has placed it on the radar of property investors nationally. While the clock is ticking on the Sydney, Melbourne and Brisbane property markets that are past their peak, Perth […]

Read more