A recent cabinet reshuffle in the Western Australian government has brought about changes that will significantly impact the real estate landscape. Here’s a breakdown of the key appointments and how they affect Holdsworth Real Estate and our valued clients:

Minister for Commerce: The Hon Dr Tony Buti MLA

• Dr. Buti has been appointed Minister for Commerce, in addition to his roles as Attorney General, Minister for Tertiary and International Education, and Multicultural Interests.
• His proven track record in previous ministerial roles, particularly in Education and Aboriginal Affairs, positions him well for this new responsibility.
• Holdsworth’s Perspective: We are keenly interested in how Minister Buti will approach key industry issues, including:
  • The Residential Tenancies Act and its impact on landlords and tenants.
  • The Commercial Tenancies Act and its implications for our commercial clients.
  • Continuing Professional Development requirements for our agents, ensuring we maintain the highest standards of service.
  • Iplex pipe concerns and their effect on property values.
  • Licensing for strata managers and its impact on strata properties.

Minister for Housing and Works: The Hon John Carey MLA

• Minister Carey will continue his role as Minister for Housing and Works, retaining the Planning and Lands portfolios and adding Health Infrastructure to his responsibilities.
• Holdsworth’s Focus: We will closely monitor Minister Carey’s initiatives related to:
  • Housing affordability and supply, which are critical for our buyers and sellers.
  • The ongoing review of the Strata Titles Act, which will affect many of our clients in strata properties.

Minister for Homelessness: The Hon Matthew Swinbourn MLC

• The Hon Matthew Swinbourn MLC has been appointed to the newly created role of Minister for Homelessness.
• This new role demonstrates the government’s commitment to addressing this important social issue, and we will be observing how it impacts our community.

What These Changes Mean for Holdsworth Real Estate and Our Clients

• Stability in Housing: Minister Carey’s continued role provides stability in addressing housing challenges, which is crucial for our clients navigating the market.
• Potential Regulatory Changes: Dr. Buti’s appointment may lead to changes in regulations affecting tenancies, commercial properties, and professional standards. We will keep our clients informed of any developments.
• Community Focus: The appointment of a Minister for Homelessness highlights the government’s focus on social issues, which indirectly impacts the wider community we serve.

How Holdsworth Real Estate Will Respond

• Staying Informed: We are committed to staying up-to-date on all policy changes and their potential impact on our clients.
• Providing Expert Advice: We will leverage our knowledge and expertise to guide our clients through any regulatory changes or market shifts.
• Advocating for Our Clients: We will continue to advocate for policies that support a healthy and sustainable real estate market for our clients.

We encourage our clients to reach out with any questions or concerns regarding these government changes. We are here to provide expert guidance and support.