LIKE MANY OTHERS IN THE INDUSTRY, I AM CONSTANTLY SEEKING TO INNOVATE TO BRING TO THE MARKET NEW AND INTERESTING PRODUCTS WHERE PEOPLE CAN LIVE, WORK AND PLAY. ONE OF THE INTERESTING INTERNATIONAL TRENDS IS THE EMERGENCE OF “CONVERTIBLE SPACES.” Like many others in the industry, I am constantly seeking to innovate to bring to […]
IN MY FIRST COLUMN AS UDIA PRESIDENT I WOULD LIKE TO TAKE THIS OPPORTUNITY TO BRIEFLY INTRODUCE MYSELF AND TOUCH ON HOW I VIEW THE IMPORTANT ROLE THE PROPERTY DEVELOPMENT INDUSTRY PLAYS IN MEETING THE LIFESTYLE EXPECTATIONS OF A GROWING AND DIVERSIFYING WEST AUSTRALIAN POPULATION. Before I delve into that, I would like to thank […]
BY THE TIME OUR CURRENT HIGH SCHOOL STUDENTS HIT MIDDLE AGE, THEY WILL BE SHARING THEIR CITY WITH AN EXTRA 1.5 MILLION PEOPLE – BUT WHERE ARE ALL THESE NEW PEOPLE GOING TO LIVE? By the time our current high school students hit middle age, they will be sharing their city with an extra 1.5 […]
IT WAS AMERICAN, BENJAMIN FRANKLIN, WHOSE SAGE ADVICE TO YOUNG TRADESMEN WAS “REMEMBER THAT TIME IS MONEY” – AND IT HOLDS AS TRUE FOR THE ENTIRE PROPERTY DEVELOPMENT INDUSTRY ALMOST 300 YEARS LATER. Property development is a lot more complicated in the 21st century, and regulation can be a bit like an old house – […]
WESTERN AUSTRALIA’S ECONOMY HAS HAD SOMETHING OF A REALITY CHECK IN RECENT TIMES – BUT THERE IS A SILVER LINING TO THAT FOR MANY NEW HOMEBUYERS. It is true that in the past 12 months, we have really seen the knock-on effect of a national slowdown in mining as it puts the brakes on some […]
UDIA MONITORS LOT DEVELOPMENT ACTIVITY AND OVER THE NEXT FEW WEEKS WE WILL PROVIDE AN OVERVIEW OF HOW EACH OF THE FOUR MAJOR GROWTH CORRIDORS IN PERTH ARE PERFORMING. The north-western corridor has led developer lot sales in greater Perth over the past seven quarters after slugging it out with the south-western corridor, which shone […]
NEGATIVE GEARING HAS AGAIN LEAPT INTO THE PUBLIC DEBATE AND ECHOES MUCH OF THE DISCUSSION IN THE MID-1980S WHEN THE ABOLITION OF THE TAX DEDUCTION WAS CONSIDERED BY THE HAWKE GOVERNMENT, ONLY MONTHS AFTER IT WAS INTRODUCED. The Income Tax Assessment Act 1936 was varied in 1985 to quarantine all property losses from deduction against […]
TAXES PLAY A VITAL ROLE IN OUR COMMUNITIES, DELIVERING FUNDING FOR INFRASTRUCTURE AND SERVICES. BUT HOW THEY ARE COLLECTED CAN HAVE UNINTENDED CONSEQUENCES WHICH CAN STIFLE ECONOMIC DEVELOPMENT. The consultation period for the Federal Government’s tax review closed this week with the expectation of a large variety of responses. Taxes play a vital role in […]
THE NEXT AUSTRALIAN BUREAU OF STATISTICS POPULATION DATA IS DUE FOR RELEASE NEXT MONTH BUT WE MAY ALREADY BE SEEING INDICATORS OF A SECOND QUARTER OF GROWTH FOLLOWING THE DRAMATIC PLUNGE IN JUNE LAST YEAR WHEN NET OVERSEAS MIGRATION FELL SIGNIFICANTLY BY TWO-THIRDS AND NET INTERSTATE MIGRATION DIVED INTO THE NEGATIVE. The September net figure […]