housing Archives - Get Building

Housing finance continues to climb

“The rejuvenation in the housing market has continued following the three interest rate cuts this year (2019) with lending for the purchase of a home rising 7.4 per cent for the September (2019) quarter,” stated HIA Economist, Angela Lillicrap.

Nov 11, 2019

Parties 2020 policy review must rule out changes to Negative Gearing and Capital Gains Tax

Now that the dust has settled after the 2019 Federal election and parties review their policies going into 2020, one thing that must change is the attack on capital gains tax and negative gearing, HIA Managing Director Graham Wolfe said.

Nov 8, 2019

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Australian PCI®: Construction decline eases as house building approaches stability

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) climbed 1.3 points to 43.9 in October (2019), indicating a slight easing in the construction industry’s overall rate of contraction (readings below 50 indicate contraction in activity, with the distance from 50…

Nov 7, 2019

Where will future housing affordability gains be made?

“The cuts to interest rates have more than offset the rise in home prices to ensure an ongoing improvement in housing affordability,” stated Tim Reardon, HIA’s Chief Economist.

Oct 31, 2019

Confidence returning to housing market

“New home sales bounced back in September (2019) to return to levels seen during the latter half of 2018,” stated HIA Economist, Angela Lillicrap.

Oct 30, 2019

Support for first home buyers

Further detail about the Federal Government’s plan to help first home buyers through its loan deposit scheme is a welcome step in helping more Australians into property ownership and improving confidence in the housing sector.

Oct 29, 2019

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Residential Land Prices – A Key to Affordability

“The cost of land is one of the main components in determining the price of a new home,” said HIA Economist Angela Lillicrap.

Oct 23, 2019

Expensive properties drive market rebound

After recording the largest losses during the recent housing market downturn, the premium end of Sydney and Melbourne’s housing market is driving the rebound in capital gains.

Oct 18, 2019

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HIA supports next steps for First Home Loan Deposit Scheme

“Housing is a national priority and HIA welcomes the Senate passing legislation that will facilitate the next step in making the First Home Loan Deposit Scheme a reality,” stated Graham Wolfe, HIA Managing Director.

Oct 14, 2019

Interest rate cuts starting to support home building

“We could be seeing the early signs of the positive impacts from recent policy stimulus with lending for both new and existing homes up for the month and the quarter,” stated HIA Economist, Tom Devitt.

Oct 10, 2019

Australian PCI®: Construction continues to decline in September 2019

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped 2.0 points to 42.6 in September (2019), indicating a sharper rate of decline as the construction industry recorded a 13th consecutive month in contraction (readings below 50 indicate contraction in activity,…

Oct 8, 2019

HIA welcomes focus on Australia’s VET sector

The Housing Industry Association (HIA) welcomes the Federal Government’s focus on improving and reforming Australia’s Vocational Education and Training sector.

Oct 2, 2019