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
Statistics indicate increased confidence in WA’s property market
More good news for WA’s property market with fresh data from the ANZ/Property Council Survey revealing that confidence is...
Potential USA trade deal to create 6,000 jobs
A potential trade agreement with the US for Australia’s natural resources would create significant economic benefits for our economy....
Australia ranked #1 for purchasing power
Australia officially has the highest minimum wage according to the latest OECD real minimum wage rankings, the first time...
Perth the City of Blue Skies
Great video by the City of Perth showcasing the great lifestyle, pristine natural beauty and power house economy that...
WA leads way in lifting COVID-19 restrictions
NSW Premier Gladys Berejiklian recently announced a wide-scale easing of COVID-19 restrictions for the state to get the economy...
Expansion of Perth ferries services to increase city connection
One of Perth’s defining assets is the stunning Swan River, dividing the city into North and South. As the...
Opportunistic Hongkongers snap up property in Australia
Many deep-pocketed Hong Kong investors are preparing to pick up global properties on the cheap as major currencies are...
Perth | luxury housing market among world’s best
Perth has been ranked among the top 23 cities in the world for luxury property market growth in Knight...
Survey reveals WA’s resilience
“West Australian property industry participants are the most buoyant in the country about the impact of the Federal Government’s...
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,...