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
Kings Park ranked by Vogue as one of the world’s top parks
Vogue magazine ranked Kings Park as one of the world’s greatest city parks, placing Perth among famous destinations...
Clearing the way for Reside on Money
It has been an action packed week on Money Street, with an excavator on site demolishing the old house...
Venice Beach inspired sign set for Northbridge
Northbridge, the city’s entertainment hot spot, as part of a $1 million revamp is set to get its own...
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...
Australia, Singapore and Hong Kong lead the pack on COVID-19
Western Australia the “island within an island” as Premier Mark McGowan described it is as good a place as...
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...
Griffin At Realestate.com.au Market Update Event
Griffin Group’s Marketing team attended a Realestate.com.au Market Update event last week which explored the subtle but notable changes...
PERTH RENTAL MARKET UPDATE
Perth’s rental market remains incredibly competitive as we enter the second quarter of 2022.
FANTASTIC NEWS FOR FIRST HOME BUYERS
Effective today, first home buyers are now eligible for a massive 75% rebate on stamp duty fees when buying...
AUSTRALIA HITS GOLD PRODUCTION MILESTONE
Australia’s gold production hit a record high milestone producing 328 tonnes in the first six months of this year...
