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Australia’s home ownership aspirations at risk

“Changes to existing capital gains tax and negative gearing arrangements on residential investment properties proposed by the Federal Opposition will dampen first home buyer capacity to save for their first home,” stated HIA’s Managing Director, Graham Wolfe.

Mar 21, 2019

Fall in overseas migration begins to stabilise

“The fall in overseas migration that we have seen for the past 18 months has eased in the most recent quarter,” stated Tim Reardon, HIA’s Chief Economist.

Mar 21, 2019

Price of land rises as demand falls

“The price of land for new residential building has continued to rise despite a fall in demand,” said HIA Chief Economist Tim Reardon.

Mar 19, 2019

Property prices fall 2.4% in the December quarter 2018

Residential property prices fell 2.4 per cent in the December quarter 2018, according to figures released by the Australian Bureau of Statistics (ABS).

Mar 19, 2019

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Housing investor loans sink to GFC levels

“The amount of credit provided to housing investors in January 2019 was lower than in any month since 2011,” said Master Builders Australia’s Chief Economist, Shane Garrett.

Mar 19, 2019

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Appointment of new CEO for Green Building Council of Australia

The Property Council has warmly welcomed the appointment of Davina Rooney as the new chief executive officer of the Green Building Council of Australia (GBCA).

Mar 15, 2019

Image by Jessie Prince. Interior Design by The Designory_2

Four ways to create a cosy living space

When the weather cools down, it’s our instinct to go into hibernation as we bunker down and spend more time than usual curled up on the couch. Luckily, there are plenty of simple ways to turn your living room into a cosy sanctuary during the…

Mar 14, 2019

Credit squeeze continues to hit home finance

“Lending for the purchase of a new home slowed rapidly in the last quarter of 2018 and data released shows that the speed of this decline accelerated in January 2019,” said Tim Reardon, HIA’s Chief Economist.

Mar 12, 2019

WA Government Industry Participation Strategy delivering on local jobs and apprenticeships

Since the introduction of the WA Government’s WA Jobs Act in October 2018, about 2,700 local jobs and 134 local apprenticeships have been created across seven government projects.

Mar 11, 2019

Industry backs women in building

“Today’s (March 8 2019) commitment by the Hon Kelly O’Dwyer, Minister for Jobs and Industrial Relations and Minister for Women to provide $675,000 in funding for mentoring and promoting the participation of young women in the building industry, is a positive step,” said HIA’s Chief…

Mar 8, 2019

Sydney warringah freeway rush hour traffic with blurred head lights at sunset

Major parties must recommit to growth

Both major parties need to re-commit to policy agendas for economic growth following the worse than expected performance by the Australian economy in the closing months of last year (2018),” said Denita Wawn, CEO of Master Builders Australia.

Mar 8, 2019

Boost in approvals in January 2019

“The number of approvals for new home building started 2019 on a positive note with an increase of 2.5% during January (2019) in seasonally-adjusted terms,” according to Master Builders Australia’s Chief Economist Shane Garrett.

Mar 8, 2019