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Consultation: WA’s strata reforms
A five-year review of Landgate’s Strata Titles Act 1985 will commence with the first round of consultations between 1-31 October 2024. The review will explore strata manager practices and standards, cost improvement controls in strata schemes, and strata living. The review aims to expand on the legislative improvements that have been introduced since 2020, to...
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Multilingual Resources to Help Individuals Navigate the Building Process in WA
The Cook Government has development and released a collection of resources on the Building and Energy website to help Western Australia’s Culturally and Linguistically Diverse (CaLD) communities to better understand the rules and regulations of building a home. These videos and fact sheets go through the processes of choosing a builder through to handover and...
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Real Estate Agent Licence Requirements Update
DMIRS has announced that changes have been made to the Real Estate and Business Agents (General) Regulations 1979, which means the Diploma of Property (Agency Management) CPP51119 will no longer be used after the 19th April 2024 for the grant of a Real Estate and Business Agent Licence in WA. The new Diploma of Property...
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Duties Amendment Bill to Encourage Urban Infill
In a joint media statement released by Ministers Saffioti, Ellery and Carey, the Duties Amendment Bill 2023 was announced. The Bill is set to incentivise buyers of off-the-plan apartments in multi-story developments by providing them with an upfront concession on the transfer duty owed. For buyers of eligible properties valued up to $650,000, the duty...
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Property and Mortgage Insights – FY2023 Reports
The Property Insights report published by Property Exchange Australia Ltd (PEXA) reveals that property settlements were down across Australia in FY23 (-18.6%) compared to the previous financial year, however there are signs the second half of the year will recover. Even though interest rates are continuing to change, houses are still very much sought after...
