Fastest improvement in affordability in six years
“The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013,” said Tim Reardon, HIA Chief Economist.
Major expansion approved for Westfield Doncaster
The Victorian Government is ensuring Melbourne remains Australia’s capital for fashion, food and retail with the approval of the masterplan for a $500 million redevelopment at Westfield Doncaster.
Australians reject risky changes to property tax
The Property Council of Australia has congratulated Prime Minister Scott Morrison and the Coalition on 2019’s federal election result.
1 William Street wins Queensland’s top property honour
A skyscraper that has reshaped the Brisbane skyline has taken out Queensland’s top property award.
Intervention to encourage housing investment necessary
“Lending for the purchase or construction of a new home has fallen to its lowest level since September 2013,” stated HIA’s Chief Economist, Tim Reardon.
First Home Buyers continue to drive Australia’s housing market
“The importance of the First Home Buyer (FHB) segment of the market has grown again, with newly released figures for March (2019) showing that their share of the market is at its largest in nearly 7 years,” Shane Garrett, Chief Economist said.
Infrastructure investment a highlight of WA budget
The Australian Industry Group WA congratulates the State Government on the work it has done to assist in returning the WA budget to surplus.
Metricon welcomes proposed $500 million deposit guarantee for first home buyers in NSW
Bipartisan support for a First Home Loan Deposit Scheme couldn’t come at a better time for first home buyers in Sydney and across NSW, according to one of the largest home builders in the state, Metricon.
Negative gearing changes put $1.8 billion at risk
More than $1.8 billion per year in repair and maintenance work on negatively geared homes will be under threat from Labor’s policy to impose restrictions on negative gearing.
Mirvac’s premium logistics hub Calibre opens in Western Sydney
Mirvac Group (Mirvac) has celebrated the official opening of its premium logistics hub Calibre, in Eastern Creek. The strategically located industrial precinct delivers high-quality built form and employment outcomes for Western Sydney and sets a new benchmark for industrial and warehouse facilities in Australia.
2019-20 WA Budget
The Housing Industry Association has welcomed the support of the housing industry in the 2019-20 WA budget.
International House wins NSW’s top property honour
Australia’s first engineered timber office, International House Sydney, has picked up the state’s top property award.