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.
$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....
Population growth driving WA’s economy
WA’s economy is being powered by people as the state experiences positive population growth closing the gap between WA...
DevelopmentWA to drive WA’s future
The new State Government’s powerful entity “DevelopmentWA” is set to deliver over $3.8 billion in new projects next year...
Stage two of development!
We are thrilled to announce One54 Tuart Hill has moved into the second stage of development, after the concrete...
Get to know our Client Advisor
Get to know our Client Advisor Introducing Christian Woodall! Efficient, ever-helpful and always upbeat, Christian brings a unique...
Demolition completed
In an important step for The Residence development, demolition on the Scarborough site has officially been completed. In keeping...
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...
Project Vision becomes a reality | 204 Walcott
It is an extremely rewarding experience to see the vision for a project become a reality. Our premium 204...
PERTH’S PROPERTY MARKET THE PANIC BUYERS NEW TARGET
Panic buyers are at it again except forget the toilet roles, Perth’s panic buyers have sent the property market...