REIWA pushes for stamp duty payment options to ease home buyer burden
By Bianca Dabu
19 February 2021
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1 minute read
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With buyers citing stamp duty as a major barrier to home ownership, experts are calling for collection methods to be amended to ease the burden on home buyers.
The Real Estate Institute of Western Australia (REIWA) has called for every political candidate to commit to a two-stream revenue collection method for stamp duty ahead of the state election.
According to REIWA, the two-stream revenue collection method would provide home buyers an option to either pay the tax upfront, as is currently mandatory, or to opt for an ongoing annual payment.
The Real Estate Institute of Western Australia (REIWA) is calling for current stamp duty rebates for off-the-plan purchases to be made permanent ahead of the WA state election.
5 key changes sought to drive WA property market
By Bianca Dabu
26 January 2021
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1 minute read
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Politicians are being urged to make real estate a key focus of elections, in a bid to create a fairer and more prosperous market.
The Real Estate Institute of Western Australia (REIWA) has issued a plea to politicians ahead of the upcoming state election, urging them to pay more attention to real estate.
As the property market continues to drive Western Australia’s economic recovery, REIWA has asked the candidates of the upcoming WA election to commit to policy reforms that deliver a fair, sustainable and prosperous market.