Industry confidence rebounds, but will house prices skyrocket?
Property market confidence in Victoria has rebounded for the first time in four quarters according to the ANZ/Property Council Confidence Survey released.
Year: 2019
WA home buyers are the winners in METRONET precincts
The Property Council WA has declared West Australian home buyers the winners in the wake of a State Government commitment not to add to the cost of building homes in METRONET precincts.
Increased confidence a positive sign for the NSW property industry
The latest ANZ/Property Council Survey has shown NSW property industry confidence has improved, demonstrating a more positive outlook for the property industry in NSW.
Confidence takes a dive in the Capital post federal election
Property industry confidence in the ACT has fallen for the September 2019 quarter according to the latest ANZ/Property Council Survey. The quarterly survey tracks sentiment from across the property industry, including the residential and commercial sectors.
Three reasons why SA’s confidence could fall off a cliff
South Australia has delivered the nation’s highest level of property sector confidence for the sixth consecutive quarter – but here are three reasons why it could quickly fall off a cliff.
Positive indicators point to rising confidence post-Federal election
Confidence in Western Australia’s property industry has jumped nine index points following the Federal election and is now the second highest of any state or territory.
Property industry confidence shows post-election jump but challenges remain
Property industry confidence has jumped following the federal election outcome in a positive sign for the Australian economy, but the Property Council has warned that a number of economic factors remain challenging for the industry which is Australia’s largest employer.
New multi-storey carpark and 70 unit nurses accommodation
The Territory Government announced it will build a multi-storey carpark at Alice Springs Hospital.
Tender for the first stage of works to Richardson Park released
The Territory Government has released a tender for the first stage of works on Richardson Park, which will rejuvenate the space and make it more attractive for the community to enjoy.
Build-to-rent policy faces uphill struggle without tax and regulatory reforms
A UNSW report says that governments need to equalise land taxes and GST treatment if build-to-rent (BtR) apartment blocks are to be feasible in Australia at scale.
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.
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.