REIWA Calls for Stamp Duty Reform and Affordable Rental Incentives in WA
Housing affordability and rental supply are among the key priorities in REIWA's recommendations for the Western Australian Government's 2027–28 State Budget. The Real Estate Institute of Western Australia has proposed several measures aimed at improving access to home ownership, encouraging private investment in affordable rental housing and reducing ongoing costs for tenants. Making home ownership more accessible One of REIWA's recommendations is to increase stamp duty thres
3 minutes ago
Perth Rental Market: Signs of Easing, but Affordability Remains a Challenge
Perth's rental market is showing some signs of easing, although rents remain high and affordability continues to be a challenge for many Western Australians. According to Cotality's Quarterly Rental Review for September 2026, Perth's median weekly dwelling rent reached $798, making it the second most expensive capital city in Australia, behind Sydney. While rental growth has slowed, Perth rents are still 8% higher than a year ago. The city's vacancy rate has also increased to
5 days ago
RBA Raises Interest Rates to 4.85% as Inflation Pressures Continue
The Reserve Bank of Australia (RBA) has today increased the official cash rate by 0.25 percentage points to 4.85%, taking interest rates to their highest level since the global financial crisis. The decision comes as inflation continues to put pressure on the Australian economy, with the RBA concerned that price increases are proving more persistent than previously expected. Why has the RBA increased rates? According to the RBA, the outlook for inflation has deteriorated, wit
Nov 3
