OPINION: Reiwa members reported a decline in weekly sales to 552. The overall 9 per cent decrease in weekly sales is attributed to a 4 per cent decrease in sales for houses, 23 per cent for units and 27 per cent for vacant land.
In this Business News podcast, Mark Beyer and Mark Pownall discuss Asian property investment, Diploma group’s battles, Liberal party moves, John Gillam and who are WA’s biggest employers?
Getting a job is hard. Gone are the days where all that was needed was a pulse and the word ‘manager’ in a previous job title to secure a plethora of interviews.
For evidence that success can sometimes damage a business we need look no further than the political games playing out ahead of next year’s state election, with the very real chance Western Australia’s biggest iron ore miners will be hit by a $5 per tonne penalty tax because they’re too successful.
Sales activity was up over the week, with Reiwa members reporting an increase in weekly sales to 659. The overall 17 per cent increase in weekly sales is attributed to a 15 per cent increase in sales for houses, 11 per cent for units and 49 per cent for vacant land.
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Members reported a decrease in weekly sales to 564 this week. The overall 16 per cent decrease in sales over the week is attributed to a 17 per cent decrease in sales for both houses and units.
Before the unexpected (and perhaps unsustainable) rise in the price of iron ore, a more interesting trend was developing in the mineral that could put a spring under one of Western Australia’s most
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Real Estate Institute of Western Australia members reported an increase in weekly sales to 672. The overall 9 per cent increase in sales over the week is attributed to an 18 per cent increase in sales for houses and 8 per cent increase in sales for units. However, sales for vacant land decreased over the week by 39 per cent.
By its very nature, family business has a hybrid identity. And while sometimes this doesn’t work out well, most of the time it does, with 70 per cent of businesses in Australia identifying as part of the grouping.
With as many as 160,000 apartments to be completed in Australia’s major cities by the end of next year, some forecasters are becoming concerned about ‘settlement risk’.