Credit squeeze puts brake on home building
“An unexpected tight squeeze on credit for home buyers is accelerating the slowdown in building activity,” said Mr Tim Reardon, HIA Principal Economist.
Tag: building
Visioneer Builders take top honours at 2018 HIA CSR Victorian housing and kitchen & bathroom awards
Visioneer Builders has won the 2018 HIA CSR Victorian Home of the Year Award, for a stunning custom-built home project in Melbourne’s inner suburbs.
Australia leads the way as green building booms globally
Australia continues to lead the world’s green building sector with further growth predicted over the next three years, according to a new global report.
Jobs, housing focus on remote Arnhem islands
Several construction projects are underway at communities on Groote Eylandt and its neighbouring Bickerton Island.
Rental inflation weakest in quarter of a century
“The pace of increase in rents remains at its slowest in 25 years,” said Shane Garrett, Chief Economist of Master Builders Australia.
Cutting red tape must remain high priority
Laws to create a Director Identifier Number system (‘DIN’) are one step closer but cutting red tape for building and construction businesses must remain top of the agenda.
Apprentice wage subsidy a boost for jobs in regional Australia
Small building businesses in rural and regional communities around the country will take on more apprentices as a result of new apprentice wage subsidies announced by the Federal Government.
Warren Park reaches 50% construction milestone
Construction of the $25 million home for local rugby league, Warren Park, has reached the 50% milestone.
Dwelling approvals fall in September 2018
The number of dwellings approved in Australia fell by 1.9 per cent in September 2018 in trend terms, according to data released by the Australian Bureau of Statistics (ABS).
Gardiner Station to become vibrant new retail precinct
Local developer DealCorp has launched its new $100 million project, Glenarm Square, which will transform the forecourt of the newly revamped Gardiner Station in Glen Iris into a buzzing new community piazza unlike anything the area has seen before.
Approvals for detached houses sink to five year low
“Approvals for new detached houses across Australia are at their lowest ebb since late 2013,” according to Shane Garrett, Chief Economist of Master Builders Australia.
Bold plan to preserve rare Sydney buildings
City of Sydney Councillors have approved a bold new plan to protect some of Sydney’s most significant twentieth century buildings from being destroyed.