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
PROPERTY PROFIT RISING TO NEW HEIGHTS
Housing prices have recently seen an exponential rise due caused by a flood of returning expats and east coast...
Construction Update
It is exciting times at Griffin as several of our projects move into the construction phase over the coming...
WA receives $12 million tourism funding boost
Western Australia has received a $12 million boost for international tourism and events marketing unveiled by Premier Mark McGowan...
WA IS AHEAD OF THE VIRUS – $1 BILLION AHEAD TO BE EXACT
The WA mining industry’s success in trading continuously through the coronavirus pandemic could give WA a market advantage by...
Melbourne property market battered but still standing
Property investors are shocked to see Melbourne’s property market standing tall after COVID-19’s most recent hit, however with an...
$510M Biome Project to supercharge WA’s tourism
The Biome Project is 3 large, dome structures built to showcase the unique climates and environments of Western Australia....
First gas offloaded from worlds biggest floating LNG facility
An exciting week in the world of LNG for WA as the first gas was offloaded from Shell’s Prelude...
5 REASONS WHY APARTMENT LIVING IS GAINING POPULARITY
With urban sprawl stretching 150km up and down the coast, Perth has the unofficial title of being the longest...
WA leading the nation’s post virus spending
Western Australia continues to lead the nation in the COVID-19 economic recovery with the strongest spending across the country...
WA leading the way out of pandemic restrictions.
WA may be one of the first states in Australia to lead the nation smoothly out of the COVID-19...
