Western Australia continues to record a strong recovery in new homes sales, despite a decrease in overall national sales and building approvals, a new HIA report reveals.
Broader praise for Western Australia's ‘ironclad budget' has been accompanied by industry calls to build the state's investment appeal and diversify the economy.
The state government will invest $511 million to tackle the housing crisis as part of the upcoming Western Australian budget, including building 700 new homes.
It might seem ambitious for a new business to promise to build homes for 84 customers. But that's exactly what one salesperson did in a single month in 2020.
Another planning policy to boost infill in the housing market has been introduced with the state government set to implement quality controls for medium density developments.
The Housing Industry Association says rising interest rates will bring the state's housing boom to an end, but the impacts are likely to be delayed until mid-2024.
Western Australia's largest local government has launched an online service, aimed to streamline more than 65 per cent of development applications lodged each year.
