Further Rent Squeeze Likely from Drop in Investment
Housing loans for new dwellings grew by 2.9 per cent in November (seasonally adjusted) over the previous month providing some hope of a more positive response to reductions in interest rates and the boost to the First Home Owners Grant.
Public Comment Sought
Public comment is now being sought by the WAPC and the Minister for Planning on a number of Perth City Infrastructure projects.
Investment Allowance
The federal government announced in December 2008 that a new 10% temporary investment allowance will be available to taxpayers for most new depreciating assets over $10,000, subject to certain conditions.
Proposed Changes to RCodes R20 Provisions
The current R20 provisions in State Planning Policy 3.1 Residential Design Codes 2008 have the effect of increasing the required average lot size for grouped dwellings from 450 m2 to 500 m2 for applications determined after 30 April 2009.
First Home Buyers Drive Pick Up in Housing Finance Figures
Loans for established dwellings moved higher in November as signs of a pick up in home lending begin to emerge, according to peak building and construction industry organisation Master Builders Australia.
HIA wins ThinkSafe Contract
Worksafe has awarded HIA a contract to provide workplace safety assessments for eligible businesses under the ThinkSafe Small Business Assistance program which has been designed to improve occupational safety and health for small businesses.
Acid Sulfate Soil – Revised Guidelines
The WA Planning Commission (WAPC) has issued revised guidelines for the management of Acid Sulfate Soils throughout WA and provided an information kit for builders and developers to use in managing this issue.
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