News Articles for Sandra Brewer

A survey of about 1,200 residents across Perth has revealed the majority either support or are open to the idea of medium-density developments.

Perth experienced the highest rate of workers returning to the office out of all mainland capital cities during October, according to a Property Council of Australia survey.

After months of canvassing for timeframe extensions to the Building Bonus scheme, property groups have welcomed the state government's decision to extend on-site construction start times.

Western Australia's property groups have welcomed the state budget, in particular no new taxes or charges for property, but continue to call for housing stimulus timeframe extensions.

Will working from home reshape the role of the office? Business News explores the potential impact on Perth's commercial property sector as part two of the Working From Home Series.

Edith Cowan University has confirmed it will relocate to Perth's CBD by 2025.

A crowded field for the City of Perth's lord mayoralty highlighted contrasting visions for the city's future at this afternoon's debate.

Western Australia will extend COVID-19 emergency laws preventing residential and commercial tenants from eviction, despite opposition from industry groups.

Property groups fear today's announcement of timeframe extensions for COVID-19 rent assistance measures could harm further economic recovery.

Reaching an ambitious 90,000-resident target by 2050 for the City of Perth requires rate cuts and a city deal, according to the Property Council of Australia WA Division.

A renewed focus on Hay Street Mall's heritage-listed upper floors could unlock more investment and redevelopment opportunities.

Perth's latest office vacancy rate increased marginally since February, but the state's CBD and West Perth markets took out the top spots for most vacancies in the country.

Western Australia's property industry is the second-most positive in the country when it comes to assessing the impact of COVID-19, according to a recent survey.

A slate of planning reforms announced by the state government in May have now passed both houses of parliament, after negotiations with minor parties led to notable changes in how the legislation defines ‘significant' developments.

WA's universities are not the only businesses bearing the brunt of fewer international students, with the economic fallout likely to extend to the state's property, retail and transport sectors.

A wave of home-building and renovation work is the goal of a $444 million stimulus package unveiled by the state government as it seeks to pull the state economy out of a coronavirus-induced downturn.

The state government has introduced a package of planning reform measures that include streamlining approvals for 'significant' developments, with the aim to boost economic recovery.

Brookfield Properties has filled its last vacancy at 123 St Georges Terrace welcoming global recruitment firm Robert Walters on a seven-year lease, the deal settling at a time when Perth's commercial market faces some uncertainty.

A long-running campaign to gain approval for an Applecross apartments project has highlighted planning inconsistencies.

A $154 million package to support tenants and landlords and boost the construction industry has been unveiled by the state government, in its latest effort to reduce the economic carnage of COVID-19.

Planning Minister Rita Saffioti is offering developers a reprieve from uncertainty caused by the COVID-19 crisis, with a blanket two-year extension of development approvals expected to be announced later today.

Landlords will be forced to reduce commercial rents by the same proportion that the tenant's revenue has fallen due to the COVID-19 outbreak, under a new mandatory code of conduct announced by the federal government today.

Western Australia's construction and commercial property sectors are bracing for the impacts of the COVID-19 pandemic, with imports of building materials likely to be disrupted and retail activity expected to plunge in coming weeks

Property industry lobby groups have called for a bipartisan approach to maintaining stamp duty rebates in the apartments sector, after a robust debate in parliament yesterday revealed the Liberal opposition as a critic of the tax cut.

Professional services and flexible office providers have provided a boost to momentum in Perth's CBD office market, with the Property Council of Australia's vacancy rate continuing to decline and top-quality office accommodation becoming scarce.

Western Australian property professionals are becoming more optimistic around the prospects of a recovery in the state's embattled residential market, despite a national survey showing WA respondents had the lowest expectations across the country for an improvement in capital growth over the next 12 months.

Western Australia's property sector has welcomed the state government's announcement of a $150 million housing investment package for first home buyers and low income earners.

Off-the-plan apartment buyers in Western Australia will receive a 75 per cent rebate on stamp duty for the next two years, capped at $50,000, under a stimulus package unveiled by the state government today that has been roundly welcomed by the development industry.

Western Australia's peak property industry groups have called for the establishment of an independent body to decide how local governments manage developer contributions.

Perth's office market has emerged as the hottest leasing market in the country, with falling vacancies putting upwards pressure on rents in top-grade office stock.

Despite Perth's house prices continuing to fall, confidence in Western Australia's property industry is now the second highest of any state or territory, according to a new survey.

A new report has revealed the reasoning behind community opposition to increased density.

The state government will not consider pausing or scrapping its surcharge on foreign property purchasers, despite a sharp reduction in sales to offshore buyers and growing scepticism around whether revenue will meet projections.

Property Council of Australia WA executive director Sandra Brewer and Urban Development Institute of Australia WA chief executive Tanya Steinbeck join Damian Stone to discuss the recent state budget, property industry initiatives to promote gender diversity, and whether the property industry has an image problem.

A decreasing office vacancy rate and improving fundamentals in the wider economy have failed to halt the slide in confidence in Western Australia's commercial property sector.

Perth's property sector appears poised for gradual recovery after one of its most challenging downturns in recent history.

Perth's office vacancy rate has fallen to its lowest level since 2015, with increasing momentum in commercial leasing reflecting brighter sentiment across Western Australia's business sector.

SPECIAL REPORT: Elections always bring uncertainty for business, but in 2019 the difference between the major parties is among the starkest in decades.

Leaders interviewed for the annual Business News CEO survey suggest that forward-looking decisions on energy policy and tax will be vital for WA's future prosperity.

The property industry is more confident in Western Australia than many other parts of the country, but some in the sector are warning that major policy changes could damage this outlook.