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Perth tipped to be economic hotspot

Perth is likely to be one of the world’s economic hotspots over the next 10 years and beyond — as long as it survives the financial “wrenching” caused by the end of the mining boom.

 

An Oxford Economics report shows Perth will do more to boost global GDP than either Sydney or Melbourne over the next 14 years.... Read more here

 

   

 

 

Australian city has come in as second least affordable in housing survey

SYDNEY, we’ve known for a while that you’re too expensive — but here’s the study to prove it.

 

While Hong Kong got the top gong for most expensive housing market in the annual Demographia International Housing Affordability Survey, Sydney has slipped in at number two.... Read more here:

 
   

 

Stamp duty relief plea for seniors, apartment buyers at next State Budget

STAMP duty reductions for off-the-plan apartment buyers and downsizing seniors should be introduced at the next State Budget, according to one of Perth’s most influential property lobbyists.

 

Property Council WA executive director Joe Lenzo has called on the Barnett Government to introduce a policy change so off-the-plan apartment buyers would only have to pay stamp duty on the land component of their purchases. Read more here: