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 is hot property
Fresh research from Peard Real Estate shows that Perth is ripe for investment as evidenced by the 100% increase...
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...
WA NEW HOMES AND APARTMENTS ARE ON THE RISE.
WA is the only state in Australia that is expected to see a rise in the number of new...
FREE COVID-19 VACCINE FOR EVERY AUSTRALIAN
The Federal Government is prepared to give every Australian free access to the COVID-19 vaccine if it’s successfully developed...
Property market still positive despite COVID-19
REIWA has called on the State and Federal governments to conjure up a relief package stimulus to ensure the...
National economy saved by WA mining
WA’s decision to keep Western Australia mining rolling during the COVID-19 pandemic has saved the national economy from collapsing...
WA CLIMBS BEST PERFORMER ON COMMSEC LEADERBOARD
WA currently leads the nation in three of eight indicators used by CommSec to measure economic strength over the...
WHY APARTMENT LIVING IS BECOMING MORE POPULAR
Traditionally, living the Australian dream involved ownership of a single storey home, on a quarter-acre suburban block with a...
Reside on Money | The slab is down
Its officially time to start toasting and celebrating for those enquiring on our Reside on Money development as the...
WA props up the nation after $200 billion black hole unveiling
WA has once again helped in keeping the nation afloat with its mining investment being one of the only...
