WA | back on track
May 17, 2019
The first WA State Budget surplus in 5 years of $553 million and a $4.1 million reduction in State debt will kick start confidence and activity in the Perth property sector, according to John Gelavis, Executive Director of the Masters Builders Association.
Local property industry associations congratulated the McGowan Government on achieving a budget surplus but are still keen to see greater stimulus created for the property sector. They strongly support abolishing the Foreign Owner Duty Charge as it is stifling the industry and creating a deterrent for foreign investment.
Click on the image to read the complete article from The West Australian | Wednesday 15 May 2019.
Read Our Other Articles
Increased property market confidence following Federal election
Property investor activity has increased following the election of Liberal leader, Scott Morrison as Prime Minister. The culmination of...
Perth’s property market is gaining confidence
It is good news for Perth’s property market with an increase in sales activity resulting in 40% of suburbs...
A typical day In Tuart Hill
With One54 Tuart tucked away on the tranquil Banksia Street in the upcoming suburb of Tuart Hill, an abundance...
Property prices boom in Melbourne and Sydney
Developers have been pushed to start bidding for housing project sites again as property prices have increased by a...
Dorado oil field set to boost WA’s oil and gas industry
A new oil field discovery brings great news to WA’s oil and gas industry Carnarvon Petroleum’s Dorado oil field...
New in the neighbourhood
I spy with my little eye, something beginning with … COFFEE. That’s right, your daily ritual is now in...
OUT WITH THE OLD IN WITH THE NEW – DRAMATIC LEEDERVILLE HOTEL COMPLEX MAKEOVER
Leederville is set to say hello to a new “pub of the future” as the well-known Leederville Hotel complex...
2019 – the year that won’t be missed by the Property Market
Although some may be sad to say goodbye to 2019, WA’s property market says good riddance after a sluggish...
Scarborough Beach to get Australia’s first ever trackless tram
Sensational news for Perth as Australia’s first ever trackless trams are set to hit Scarborough Beach. This proposed $97...
Australia, Singapore and Hong Kong lead the pack on COVID-19
Western Australia the “island within an island” as Premier Mark McGowan described it is as good a place as...
