Local builders say they're disappointed by the state government's decision to axe a $5,000 boost to the first home owner's grant, with one of Western Australia's peak housing bodies describing the
TRG Properties executive Tanya Trevisan has been elected president of the Property Council of Australia's WA division, replacing Tony Perrin who left the role after just two months following his departure from Frasers Property Australia.
Property industry lobby groups say WA Labor's plan to introduce a 4 per cent tax on foreign buyers of residential property if it wins the March 11 state election is a retrograde step for the state'
Property industry bodies have entered the state election fray, with both the Urban Development Institute of Australia and the Property Council of Australia lobbying for stamp duty concessions and planning reform to boost housing affordability.
Office vacancies in Perth's CBD have peaked, according to some in the commercial property sector, with markets expected to stabilise as construction of new offices slows.
Aged care provider Rosewood is responding to increasing demand for its services by booking $105 million in developments for its West Perth and Leederville facilities.
The bulk of Perth's local governments are missing the mark on long-term strategic planning, according to a new Property Council report into the sector.
Six years of surveys, community consultation and planning have come to naught in the Town of Cambridge, after Planning Minister Donna Faragher rejected proposed changes to the area's town planning
The state government has spent $3.5 billion over the past decade in the CBD and the Swan River foreshore, generating an expected $8.2 billion worth of spending by the private sector, but making all the pieces work together remains a significant challenge.
Perth's residential rental vacancy rate has reached a record high of 5.2 per cent with 10,738 homes currently untenanted, according to property group SQM Research.
Perth's office vacancy rate has risen to nearly 22 per cent, but the Property Council of Australia says that figure could mark an end to commercial landlords' pain due to the supply cycle having peaked.
An increase in office vacancies in Perth's CBD has shifted the market dynamic clearly in favour of tenants, but despite a historically high level of empty floors, there is little choice for companies that need a lot of space.
Global accounting giant KPMG and insurance group CGU have joined a host of firms searching through Perth's 400,000-plus square metres of vacant office space for new homes.
WESTERN Australian property players are ramping up the rhetoric on negative gearing, warning that investors in this state would be among the hardest hit if tax breaks for making a loss on an invest
Perth's land developers have stirred debate over the merits of urban infill by questioning the findings of a report commissioned by the Property Council of Australia and the Australian Greens.
Joe Lenzo has been appointed as a business advisor at Calibre Consulting.Mr Lenzo was previously the executive director of the Property Council of Australia WA Division for 15 years.
Western Australia's peak business group has welcomed the state government's budget, but other business groups believed more could have been done for their respective sectors.
Educating the community on the benefits of higher-density development is looming as one of the big challenges for Lino Iacomella, who has taken the helm at the Western Australian division of the Property Council of Australia.
Weak sentiment in Perth's commercial property sector is proving to be a challenge for landlords seeking to sell assets, with sales campaigns for a range of CBD assets shelved in 2016.
Premier Colin Barnett has ruled out any further state tax increases in the upcoming budget, and has said the government might look at reviewing land tax aggregation, at this morning's Business News Success & Leadership breakfast.
Property Council of Australia's long-serving Western Australian executive director Joe Lenzo has announced he will retire next March, with the search for a successor to begin immediately.
Thirteen peak industry groups in Western Australia have backed the establishment of an infrastructure advisory group, in a move designed to give the business sector a unified voice and more weight in policy setting.
An inquiry into Western Australia's development assessment panels has recommended a more transparent process to deal with complaints regarding decisions, but has ruled out allowing third-party appeals.
The state government's infrastructure spending priorities have been called into question, with a new report showing its new big ticket transport items – the $1.6 billion Perth Freight Link and the $2 billion Forrestfield Airport Link – do not stack up economically when compared to other potential projects.
Perth's commercial property market got a dose of good news/bad news this morning, with the office vacancy rate slightly lower than it was expected to be at 16.6 per cent, however it was the highest
