Jul 5, 2019 - Get Building

APRA lending guidelines and income tax cuts provide welcome confidence boost

APRA’s decision on residential mortgage lending guidelines and successful passage of the Federal Government’s personal income tax cuts package will provide a welcome shot of confidence for the property sector at a critical time for the Australian economy.

Jul 5, 2019

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More good news for housing affordability

“The passing of the Federal Governments income tax package, means that millions of Australians will have extra income to put towards a deposit for a new home,” stated HIA’s Managing Director, Graham Wolfe.

Jul 5, 2019

APRA reduction in mortgage hurdle will boost housing activity

“The announcement by APRA that the mortgage serviceability test is to be relaxed is great news at a time when the potential exists for a recovery in new home building,” Master Builders Australia Chief Economist Shane Garrett said.

Jul 5, 2019

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Australian PCI®: Construction downturn eases slightly in June 2019

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 2.6 points to 43.0 in June 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…

Jul 5, 2019

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Builders commend Senate for tax cuts

“Master Builders Australia commends the Senate for passing the Government’s income tax package in full,” Denita Wawn, CEO of Master Builders Australia said.

Jul 5, 2019