THE WEST AUSTRALIAN WA’s newly introduced foreign buyers’ surcharge was unlikely to help the State’s sluggish property market, Reserve Bank assistant governor Michele Bullock said. Ms Bullock told a UDIA WA function last week that in times of strong growth a surcharge would “take the edge off”. “I would only observe that given the WA […]
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Business News Environment and Energy Minister Reece Whitby says there is no conflict of interest in holding both portfolios, after the state government announced sweeping change to the environmental approvals process. The changes announced this morning have been welcomed by industry groups but met with disappointment by environmentalists, with Conservation Council of WA president Richard Yin claiming he wasn’t […]
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The West Australian WA’s peak property development body has called for the State Government to permanently adopt its duty rebate scheme for off-the-plan apartment buyers, warning WA’s housing crisis will only worsen if the scheme ends in October next year as planned. In a letter sent to Premier Mark McGowan on Friday, Urban Development Institute […]
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