News Articles for Sandra Brewer

Property Council figures show a 0.2 per cent lift in Perth's office vacancy to 15.9 per cent, the second highest in the country but amid an influx of new supply.

The property industry expects WA to have the highest volume of forward works and house price growth in the next 12 months, a recent survey revealed.

Industry groups have welcomed the state government's interim measures to reduce inconsistent public open space policies across local governments in Western Australia.

Developers and government are exploring what needs to occur for apartments to stack up in suburbs adjacent to Metronet stations.

A petition against the imminent rollout of Aboriginal Cultural Heritage laws has attracted more than 27,000 signatures, but the government is holding firm on a July 1 implementation date.

The state government's $80 million infrastructure fund is being rolled out to help apartment developers pay for utility connections on their sites.

Federal politicians and the Property Council say a $1 billion fund for consumers to make their homes more energy efficient will have a high take-up.

Ministers Rita Saffioti, Paul Papalia, Bill Johnston and Balcatta MP David Michael were the major movers as Roger Cook unveiled his refreshed cabinet at Dumas House this morning.

A Property Council study into transit-oriented housing has identified Bayswater as the only Metronet station precinct ripe for development, with an emphasis on high-value areas.

From the prime minister to mining leaders, the resignation of Mark McGowan has drawn broad praise for the outgoing premier's leadership during his six years at the helm of WA.

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 costs of school and medical services in Perth have almost tripled over the past 20 years, as analysis by Business News reveals where households have been hit hardest by inflation.

Property groups say the Federal Government's changes to managed investment trust taxes will encourage more build-to-rent developments.

A new public primary school set to be built at Queens Gardens car park marks the latest in a growing list of projects lined up for East Perth.

Property players have joined forces to deliver more targeted advocacy, with the Town of Cambridge first up in the group's sights over a policy that limits interaction between developers and staff.

The Property Council has predicted a slowdown in new housing supply in Western Australia based on a recent survey of its members.

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.

Perth's office market is showing signs of strengthening.

GDI managing director Steve Gillard has called on Australian industry to “get its act together” when it comes to addressing climate change.

The Property Council's latest biannual office market report shows a slight drop in Perth's office vacancy in the six months to January 2023.

The property giant has taken four St Georges Terrace properties off the market, including the Channel 9 headquarters, citing strong leasing conditions.

CBD occupancy has bounced back to 80 per cent of pre-COVID levels and to 15 per cent above the national average.

Business groups are calling for a more holistic response across all tiers of government to infrastructure and supply chain pressures.

Exit entitlement deadlines are among the greatest areas of contention for the state government's retirement village reform plans, a Property Council event heard this morning.

Industry experts say rental growth in the industrial sector may stall, as tenants grapple with affordability constraints.

Electrification of buildings is key to reaching net zero targets, industry experts say.

The city has the second highest office occupancy in the country, bouncing back by 7 per cent.

A survey of close to 800 residents showed that 70 per cent supported density in their own suburb.

Western Australia was the only state to record house price growth expectations in a recent Property Council report.

Perth was the only state to show a drop in office occupancy in August but is the second highest in the nation.

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

Perth's occupancy levels are at their highest percentage since November 2021, Property Council data shows.

Leading developer Nathan Blackburne has painted a more positive picture than many of his peers, saying build costs are expected to decrease and labour availability will improve next year.

The CBD has seen a 0.8 per cent increase in office vacancy rates in the past six months as new supply hits the market, Property Council figures show.

Retirement villages will be forced to pay exit entitlements within 12 months under amendments to laws regulating retirement villages proposed by the state government.

Stirling council considers mandating social housing accommodation as part of any new development featuring 20 or more units in the City of Stirling's commercial hubs.

The state government must ensure certainty for the retirement villages sector.

CBD retail vacancy rates have hit a new high of 20.6 per cent, despite spending patterns improving, JLL research shows.

The Health Minister has insisted the state government has no plans to reintroduce mask mandates, despite conceding the rate of infection is much higher than is being reported.

Occupancy rates are at their highest level since COVID restrictions eased, Property Council figures show.