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
PERTH RENTAL MARKET UPDATE
Perth’s rental market remains incredibly competitive as we enter the second quarter of 2022.
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...
RESIDE ON MONEY KICKS OFF
This week our beautiful Reside on Money project officially kicked off into construction phase with commencement of boring works...
FEDERAL BUDGET TO REVEAL WAY FORWARD FOR AUSTRALIA’S ECONOMY
It is officially 34 days until the Federal Budget! This means we only have 34 days to wait for...
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...
Another boost to WA’s mining sector
Today we welcome more good news for WA’s economy with another boost for our mining industry. Fortescue Metals Group...
NATIONAL HOUSING PRICES SPIKE BEATS THE MARKET
Sydney house prices could yet again rise for the June quarter as vendors lift their asking prices faster than...
Stage two of development!
We are thrilled to announce One54 Tuart Hill has moved into the second stage of development, after the concrete...
Scarborough | a great place to live and play
“whether it is watching the sunset over the Indian Ocean, grabbing a bite at the many cafes or restaurants,...
Perth’s housing affordability – the best it’s been in years
Perth has one of the most affordable property markets of any capital city in Australia. A decline in housing...