“The removal of the restriction on interest-only lending is essential to addressing the concerning decline in credit growth for new housing,” said Tim Reardon, HIA Principal Economist.
The Property Council of Australia has welcomed APRA’s announcement that it will remove its supervisory benchmark on interest-only residential mortgages.
Researchers at UNSW Sydney have developed an effective process to turn old clothing and textiles into high-quality building products such as flat panels.
“After a string of weak months, it is pleasing to see new home sales finishing the year on a slightly more positive note,” said Geordan Murray, HIA Senior Economist.
The Property Council of Australia has welcomed Labor’s announcement it will support incentives to meet the need for affordable housing for low to middle income earners.
The Queensland property industry has welcomed a commitment from the QLD Government to catalyse the development of ‘Build-to-Rent’ residential projects through a new pilot subsidy program.
Sensible heads need to prevail regarding Australia’s immigration policy said the Housing Industry Association, following COAG’s determination to make population planning and management a standing item on their agenda.