Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.
In this podcast, Mark Beyer and Mark Pownall discuss house prices; interest rates; Monadelphous buy; Tasmea IPO; infrastructure blowouts; Liontown; VGW; interesting property deals; labour market shortages and IR reform.
The city's house prices continue rise faster than other Australian jurisdictions, with an 8.8 per cent increase for the year and 1.3 per cent monthly rise.
The pressure on residential construction costs has subsided in Western Australia with the state recording the lowest quarterly increase across the country, according to CoreLogic.
The Reserve Bank of Australia has lifted the nation’s official cash rate to 4.1 per cent – a 25 basis point jump which takes it above four per cent for the first time since April 2012.
Perth home values continue to rise in the past month with the median house price recorded as more than $570,000, according to recent reports by property groups.
Perth home values have risen in the past month, although property groups CoreLogic and PropTrack have released different findings in their March reports.
Mark Pownall and Mark Beyer discuss BGC, CoreLogic, Real Estate Institute of WA, Silverleaf Investments, MTi Group, BDO, ASIC and changes to superannuation.
Developers will face even fewer hurdles when seeking approval for multi-million dollar builds as a result of the state government's latest overhaul of planning laws.
The median dwelling value of every capital city in Australia fell during the first month of 2023, however Perth held its own with one of the smallest declines.
Another residential research report has predicted challenging rental market conditions in Perth with low supply and listings recorded in the recent quarter.
Liv Declerck talks about her recent conversation with fashion designer and artist Aurelio Costarella, who graces the cover of the latest edition of Business News.
Recent data from residential research groups has shown a decline in Perth's rental vacancy rate, with SQM Research reporting the city to have the lowest rate in the country.
Matt Mckenzie with today's top stories including the record harvest, changes to national emissions policy, rising rental prices and a Civmec contract win.
Perth's rental prices grew by 11 per cent in 2022, reflecting the trend across the country, but rental growth and residential listings slowed in the December quarter.
Jordan Murray covers the latest from Hancock Prospecting's bid for Warrego Energy and fresh data from the Australian Bureau of Statistics and CoreLogic.