REIWA president Hayden Groves says the WA Liberal government's commitment not to increase or introduce new state taxes will be a welcome relief for WA home buyers and property investors.
Infrastructure Australia says 'value capture' won't meet country's infrastructure needs
Value capture is no "magic pudding" that can solve Australia's infrastructure problems, says Ken Morrison, Chief Executive of the Property Council of Australia.
OECD says Australia must lift interest rates to cool housing market
Australians may face higher interest rates next year, as the The Organisation for Economic Cooperation and Development warns of the need to "unwind tensions" in the housing market.
Local council planning delays add to the cost of a new home through additional land tax, council rates, holding costs and interest on loans accrued during the period.
Foreign buyers accounted for 10.4% of new property purchases in the June quarter, the third consecutive monthly fall according to NAB's Residential Property Survey.
