housing Archives - Get Building

Negative gearing poll highlights need for more detail about impact of changes

The Newspoll results on the Federal Opposition’s proposed changes to negative gearing for property underscores the need for more details about their impact on the Australian economy and households.

Nov 13, 2018

Housing finance back to 2013 levels

“The slide in home lending activity in September 2018 has taken the number of loans to owner-occupiers down to the lowest level that we’ve seen since 2013,” said HIA Acting Principal Economist, Geordan Murray.

Nov 9, 2018

Low rates offer support as housing cycle turns

“As the housing markets in Melbourne and Sydney continue to cool it will be increasingly important that households have clear guidance on any potential changes they may face in home lending,” said Geordan Murray, HIA Senior Economist.

Nov 9, 2018

Good start to getting rid of stamp duty

“The indexation of Stamp Duty is a step forward in reducing the taxation imposts on housing,” stated Tim Reardon, HIA’s Principal Economist.

Nov 5, 2018

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.

Nov 2, 2018

NT Minister for Housing and Community Development at the site of the new Galiwin'ku subdivision. Image courtesy of NT Government

New subdivision at Galiwin’ku creates space to build

Around a dozen jobs will be created during the construction of a subdivision at Galiwin’ku, the north-east Arnhem community that inspired the Warumpi Band’s hit, My Island Home.

Nov 1, 2018

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).

Oct 31, 2018

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.

Oct 31, 2018

Access to finance hits building approvals

“The trend of a cooling housing market, which has been evident throughout 2018, continued in the three months to September 2018 with approvals now 6.6 per cent lower than the preceding quarter,” stated Tim Reardon, HIA’s Principal Economist.

Oct 30, 2018

Downturn in new home sales pauses

“The downturn in HIA New Home Sales paused in September 2018 following declines in the order of 3 per cent in each of the previous two months” commented HIA Economist, Diwa Hopkins.

Oct 29, 2018

Increasing CGT will exacerbate affordability challenge

“With house prices falling and building activity in decline this is not the appropriate time in the housing cycle to increase Capital Gains Tax,” stated HIA’s Principal Economist, Tim Reardon.

Oct 24, 2018

Property Council welcomes progress on strata law

The Property Council welcomes the Legislation Committee’s report on the Strata Titles Amendment Bill 2018 tabled in Parliament.

Oct 18, 2018