News Articles

Appointments 27 May 2016

Calibre Consulting appoints business advisor

Joe Lenzo has been appointed as a business advisor at Calibre Consulting.Mr Lenzo was previously the executive director of the Property Council of Australia WA Division for 15 years.

Property 08 Apr 2016

Iacomella calls for consistency

Educating the community on the benefits of higher-density development is looming as one of the big challenges for Lino Iacomella, who has taken the helm at the Western Australian division of the Property Council of Australia.

Property 04 Feb 2016

Office vacancies rise, tipped to stabilise

Perth's office vacancy rate is nudging 20 per cent but demand is turning to the positive side, according to the Property Council of Australia.

Property 10 Dec 2015

Lenzo to retire from Property Council

Property Council of Australia's long-serving Western Australian executive director Joe Lenzo has announced he will retire next March, with the search for a successor to begin immediately.

Property 11 Sep 2015

Complaints process focus of DAP inquiry

An inquiry into Western Australia's development assessment panels has recommended a more transparent process to deal with complaints regarding decisions, but has ruled out allowing third-party appeals.

Infrastructure 14 Aug 2015

Infrastructure spend under fire

The state government's infrastructure spending priorities have been called into question, with a new report showing its new big ticket transport items – the $1.6 billion Perth Freight Link and the $2 billion Forrestfield Airport Link – do not stack up economically when compared to other potential projects.

Government 07 Aug 2015

Councils pressured to deliver density

Developers and industry lobbyists say there needs to be a clearer direction from government to ensure density is delivered in Perth.

Property 24 Jul 2015

Planning falls short for higher density

Perth residents want to live in apartments, and not just in the inner city, however, a leading industry lobby group believes the state government's planning regime is leaving them with little choice than to buy houses and land.

Property 22 Jul 2015

R-Codes changes to result in more sprawl

Changes to residential development guidelines – designed to ensure density is built in appropriate locations – have the potential to drive up the price of housing, put pressure on existing infrastr

Government 15 May 2015

Property pundits mixed on budget outcomes

Home builders have given an overwhelmingly positive response to the state budget, but other major players in the property sector have criticised the scrapping of the $3,000 first home buyers grant

Government 17 Feb 2015

Barnett handballs local govt reform to councils

The state government has passed the onus for reform onto local government authorities, with boundary adjustments only set to proceed if they are backed by the councils involved.

Property 04 Feb 2015

Office vacancies worst in 20 years

Perth's office vacancy rate has hit 14.8 per cent, as widely predicted, the highest level reached in almost 20 years.

Property 16 Jan 2015

Commercial rents fall, vacancies up

Commercial rents in the Perth CBD have been tipped to fall by 9.4 per cent over the next 12 months, with the Western Australian capital one of only two major Australian cities to experience a contraction in office rental values.

Property 12 Nov 2014

Incentives offered for affordable housing

Developers are set to be offered incentives by local governments to create affordable housing options, part of a suite of changes to the state's planning guidelines adopted by the Western Australia

Infrastructure 03 Nov 2014

Poor infrastructure planning costing WA growth: PCA

The costs of poor planning and delayed infrastructure in Western Australia have been revealed according to a new report from the Property Council of Australia.

Property 31 Oct 2014

Strata reforms set to help housing affordability

Industry has welcomed the state government's commitment to creating more affordable housing options through changes to Western Australia's strata title laws.

Property 28 Oct 2014

WA in middle of retail space squeeze

Expansion of Western Australia's retail space is not keeping up with the state's population growth, falling short by around 200,000 square metres, according to a new survey by the Property Council

Government 07 Oct 2014

Urban infill rate falls to 28%

Perth's established suburbs accounted for just 28 per cent of all urban land development in 2012, well below the long-term 'infill' target of 47 per cent, prompting calls for regulatory reform from the Property Council of Australia.

Opinion 21 Aug 2014

Semantics can’t disguise council intent

The government's plans for local council amalgamations have met strong opposition from some quarters, but not the big end of town.

Regulation 12 Aug 2014

Reforms hailed as affordability breakthrough

The state government has streamlined the planning approvals process, rolling out consistent regulations across local governments, introducing online application systems, and removing the requirement for single homes that meet R-Code regulations to have to go through the planning approvals process.

06 Aug 2014

Perth’s transformation calls for MOU

The City of Perth and the Metropolitan Redevelopment Authority have formalised an agreement to cooperate on planning developments such as Elizabeth Quay, Perth City Link and the Riverside project.

Infrastructure 22 Jul 2014

Perth infrastructure gets smart

The City of Perth and IBM will meet with businesses and agencies over the next three weeks as the council seeks to improve the city's infrastructure and planning, as well as create a 3D portal for investors.

Property 10 Jul 2014

Confidence drops in property sector

The state government's tight 2014 budget and widespread job cuts in the resources sector have put the clamps on positive sentiment in the property sector, according to the Property Council of Australia.

Government 16 Jun 2014

Property Council calls out rebel councils

Legal action launched by three metropolitan area councils against Local Government Minister Tony Simpson is a ‘disappointing, last-ditch attempt' to derail the merger process, the Property Council

Government 08 May 2014

Property sector slams 'lazy' budget

The government appears to have reacted to pre-budget industry fears by declaring only modest cuts to new housing market entrants' stamp duty concessions, however it still earned the wrath of some industry players.

Government 05 May 2014

Property sector warns on tinkering with taxes

Industry lobby groups have urged the state government to tread with caution when considering raising property taxes in this week's budget.

Infrastructure 28 Apr 2014

Calls for infrastructure body heat up

SPECIAL REPORT: The Economic Regulation Authority has dismissed calls from several industry bodies for the creation of an independent infrastructure advisory body, saying it is an added cost unlikely to contribute much.

Property 28 Apr 2014

Counting costs of bad planning

The Property Council of Australia is set to release a report that calculates the true cost of poor planning and delayed infrastructure.

Property 06 Feb 2014

CBD office vacancy rate hits 9%

Owners of older office buildings in central Perth are struggling to find tenants, with the latest Office Market Report showing a widening gap between premium buildings and the rest of the market.

Property 16 Jan 2014

First home buyer grants on the up

More than 20,000 Western Australians bought their first home in 2013 in another sign of strengthening activity in WA's residential construction sector.

Retail 19 Nov 2013

Govt to relax Christmas trading hours

In a bid to spread the Christmas cheer, the state government has approved a special extension for Sunday shopping hours.

Government 08 Oct 2013

Council in dark on light rail route

The City of Perth says Premier Colin Barnett is yet to meet with the council to discuss light rail route options, with key stakeholders in the CBD split on the best option for the proposed project.

Property 10 Jul 2013

'We’ve got to get rid of the Cottesloes': Lenzo

Leading property industry player Joe Lenzo says the proposed amalgamation of a number local councils would benefit property development in the state.

Property 05 Mar 2013

It’s all happening in the ’burbs

With limited construction under way in the CBD and West Perth, commercial tenants are looking to the suburbs for new office space.

Property 05 Feb 2013

Mining cutbacks hit office vacancy rate

THE slowdown in mining project development last year has affected the Perth office market, with the vacancy rate for CBD offices recording a modest increase to 5.7 per cent in January.

Property 08 Aug 2012

Primewest pays $27m for top-end CBD sites

PERTH-BASED property developer and syndicator Primewest has bought 255 and 267 St Georges Terrace from national property group Stockland for $27.6 million.

21 Jul 2011

Tight city leasing market puts spotlight on development sites in the CBD

Perth's leasing market is the tightest in Australia, and with talk of a major new office tower, property analysts are warning tenants need to move now to take advantage of the city's next major construction cycle.

Property 13 Aug 2009

Office vacancies up through ’11

With record increases in CBD office vacancies, major resources projects are tipped to prop up the market.

Financial Services 06 Feb 2008

CBD space squeeze tightens

The office vacancy rate in Perth's CBD has reached another record low, falling from 0.7 per cent to 0.5 per cent in January, West Perth has reached a highly improbable milestone – the area is statistically full.

17 Aug 1999

Act puts leasing back 25 years

RETAIL leasing has been set back 25 years by the new Retail Shops Act, says Kott Gunning senior associate George Johnston.

News Articles for Joe Lenzo

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