ACCORDING TO ABS DATA, OWNER OCCUPIED HOUSEHOLDS HAD A HIGHER LEVEL OF NET WEALTH THAN THOSE THAT RENT. With households in Perth having, on average, net property assets of $420,700, it is clear that property continues to underpin wealth accumulation throughout people’s lives, whether it is through the family home or other real estate investments. […]
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Business News Leading independent economist Jonathan Pain says he expects at least four interest rate rises within this calendar year, as monetary policy normalises. Speaking at an Urban Development Institute of Australia WA event today, the JP consulting director said central banks around the world had injected $32 trillion of monetary and fiscal stimulus in […]
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The West Australian Land ripe for development in Perth could run out in as little as four years in some areas, according to a report. Research by the Urban Development Institute of Australia, released today, claims the rate of consumption will mean demand outstrips supply in three years. According to the UDIA’s calculations, land supply […]
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