Local
EXCLUSIVE: Former Property Council head Nathan Paine will run to fill the Adelaide City Council central ward seat left vacant by Houssam Abiad, with promises to clean up CBD streets and curb vacancy rates key focuses of his election campaign.
Local
Mandating that a portion of affordable housing be included in new developments is a “crude” policy that would restrict housing supply to the city, property groups have warned.
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“Fear of the unknown” amid ongoing uncertainty about the Marshall Government’s looming land tax shakeup is strangling the property market, the sector says, as Treasurer Rob Lucas concedes even his best-case compromise scenario would not be “nationally competitive”.
The Marshall Government says it will consider economic modelling of its controversial land tax aggregation changes by the industry lobby group dedicated to opposing the budget measure.
Jay Weatherill has stepped up Labor’s bid to paint itself as the only non-conservative contender at the March election – and escalated the party’s spat with the state’s business lobby – by snubbing a leaders’ debate to be hosted by the Property Council.
Confidence levels within South Australia’s property sector are at the highest levels on record, but developers aren’t optimistic about the State Government – or the future of the local economy.
A leading survey of business sentiment has shown growing confidence in South Australia received a setback in September, even before the statewide blackout.
