August 17, 2017
AAP 15 August 2017
The central bank is losing confidence that Australia’s hot property market is cooling enough, particularly in Melbourne and Sydney, an economist says.
Minutes from the Reserve Bank of Australia’s August meeting – at which it decided to leave the cash rate unchanged at 1.5 per cent – reveal the board remains concerned about house price growth and the level of…
August 16, 2017
Investors from overseas who buy property in Australia are filling gaps in the economy that locals may not be able to.
It’s hard to deny that house prices in Melbourne and Sydney are through the roof.
And it’s not uncommon to hear people blame the government’s ‘relaxed’ rules for foreign investment in Australia. And more often than not, overseas investors are misunderstood and seen as purely negative.People are quick to…
Chris Leitch, PerthNow
PERTH remains one of the most livable cities in the world – but one thing is holding us back from cracking the top five.
The Victorian capital got the gong on Wednesday, scoring perfect scores for healthcare, education and infrastructure.
The top-10 cities remain unchanged…
August 14, 2017
Watch the video for the Monthly Update on Perth Housing Market
August 10, 2017
The Real Estate Institute of Western Australia has made a submission to the WA state government ahead of the 2017 budget, calling for a range of reforms to stimulate the WA property market.
The REIWA is calling on the state government to implement a range of tax reforms designed to stimulate the WA property market, and help restore the state budget to surplus.
The REIWA is recommending five key areas of reform:
Plans on the table will see our capital become a skyscraper city
August 8, 2017
Australia’s population is booming, with some regions growing by more than 50 per cent over the last five years.
Byford, Perth, in Western Australia’s Serpentive-Jarrahdale region, Australia’s fastest growing region, December 2012 and June 2016.
Australia’s population is booming, with the latest ABS data showing 1.6 per cent annual growth and a population rapidly approaching 25 million.
Some regions have grown as much as 50 per cent over the last five…
August 7, 2017
by Sasha Karen
With a report claiming that Perth has finally begun its recovery period, we turn to property experts based in Perth and ask whether they think the WA capital is indeed recovering.
Property investment consultancy Momentum Wealth recently came out with the Residential Property Spotlight: Perth report, claiming that Perth had begun its recovery period, as reported previously, after months of commentators on Smart Property Investment warning investors to buy soon before the…
The announcement last week that the United Kingdom will ban the sale of new petrol and diesel cars by 2040, following a similar move by France, is setting the stage for a major boom in lithium mining in Western Australia, according to Shane Kempton, CEO of Professionals Real Estate Group.
According to Kempton, lithium battery powered automobiles will grow more commonplace throughout the world over the next two decades. This…
August 4, 2017
By Sasha Karen
With the announcement of UK and France reducing the sale of petrol and diesel cars, lithium batteries are to be utilised, which sets the stage for a knock-on effect for WA’s property market.
According to Shane Kempton, chief operations officer at Professionals Real Estate Group, lithium battery-powered cars will become commonplace over the next two decades, which would fuel an increase…