The Housing Industry Association of Australia has forecast a recovery for Western Australia's home building sector over the next 12 months, following a series of stimulus schemes announced by state and federal governments in recent weeks.
Australia's competition regulator says it will not oppose a planned merger between mortgage aggregators Australian Finance Group and Connective, despite holding previous concerns around competition.
Perth's real estate leaders say the residential property market is shaping up to be more resilient to pandemic-induced fluctuations than initially anticipated.
Grange Development Consulting has unveiled plans to transform a site on Stirling Highway into an 80-apartment project, the group's second proposal on the highway following its controversial application for the Chellingworth Motors site in Nedlands.
Property developer Paul Blackburne has unveiled a $300 million plan to redevelop the former Sundowner Centre on Stirling Highway into 245 apartments with parks and cafes open to the local community.
Plans by Ingham's Group to vacate prime real estate in Wanneroo have been delayed after property developer Harvis Capital won a Supreme Court ruling overturning development approval for the chicken producer's new site in Muchea.
The big iron ore miners exporting out of Port Hedland will have to pay up to $220 million to property owners in the town's West End, under a buy-back scheme announced by the state government today.
Victorian entrepreneur Graeme Croft has been in the aged care business for more than 35 years, and says he's been sizing up the Western Australian market for some time.
Draft legislation aimed at better protecting payments for subcontractors has excluded previously promised cascading statutory trusts, and instead promises a more “measured approach to implementing payment reform”.
Celsius Property Group has added land development to its portfolio, appointing former Satterley Property Group executive Brenton Downing to lead the expansion.
Saracen Properties and Security Capital Australia have announced the development of a $100 million, five-star spa and resort in Margaret River, a boon for the South West region's tourism industry as it pursues a post-pandemic revival.
Retail developer Con Berbatis' proposal for an $80 million revamp of Kardinya Park shopping centre was approved yesterday, according to the project's spokesperson.
Property developers and industry groups say the state government's move to extend the stamp duty rebate is a step in the right direction, but hope further reform will remain on the agenda.
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.
A Western Australian coffee shop and coastal home were among the winners in this year's Australian Interior Design Awards (AIDA), while Hassell took out top national prize for its design of an Italian restaurant in Melbourne.
The federal government has launched a new $25,000 HomeBuilder grant, to go towards new builds or renovating an existing home, as the state government prepares to announce its own package in coming days.
Western Australia's property developers hope the physical isolation that has helped mitigate the worst of COVID-19 in this state will also insulate the local apartment market from a contagion of a different kind.
BGC Australia has reported a net loss of $107 million on revenue of $974 million in the year to June 2019, as the group continues its major restructure.
Adrian Fini-led FJM Property has unveiled plans to redevelop the Leederville Hotel and laneway into a multi-venue food, drink and entertainment precinct that will link with the new headquarters for Dale Alcock's ABN Group.
Perth is one of five capital cities to record a drop in housing values over May, with Australian data posting its first month-on-month decline since June last year.
A Wanneroo building tenanted by manufacturing company Klen International has sold for $5.2 million, following a private treaty campaign run by Ray White Commercial.
The state's property market was on the cusp of recovery pre COVID-19 according to CoreLogic, which recorded four consecutive months of Perth dwelling value increases in early 2020 – the longest stretch of capital growth since 2014.
ASX-listed apartment developer Finbar Group has established a new business division, appointing an in-house sales team led by former Knight Frank head of residential Western Australia Neil Kay.
