The boss of the state's housing institute says builders should remain alert but not alarmed, as the Middle East war starts to impact construction costs.
The state government has turned to the private sector to build a manufacturing facility for housing components to speed up and increase residential supply.
The state is leading the country in home completion growth, after recent data assessed whether Australia was on track to achieve its National Housing Accord target.
The building commissioner is set to receive a broader suite of powers under new laws flagged by the state government amid a review of the contracts legislation.
It was Chamber of Commerce and Industry WA chief economist Aaron Morey who summed up industry feelings on the budget best, when he said ‘thank god for rocks and royalties'.
The Bankwest Curtin Economics Centre says there should be more incentives for workers in the building and construction industry if WA is to meet it housing targets.
Resources royalty reliance and a lack of action on payroll tax were among the key observations from business groups digesting today's state budget – the first from Treasurer Rita Saffioti.
Property industry groups have backed the state government's raft of planning reforms, including the medium-density code policy, which was reworked after receiving mixed reviews.
Treasurer Rita Saffioti is confident a $10 million government loan package designed to free up hundreds of WA homes “stranded” in the building process will not interrupt the housing market.
The building industry will be required to undertake mandatory inspections of high-rise apartments and commercial buildings from 2026, in the most significant industry reform in more than a decade.
The state government has flagged a reversal of recently announced medium density planning reforms, with many single dwellings to be excluded and other changes to be deferred.
