Residential property prices rise 3.9 per cent
Price rises in Sydney and Melbourne drove a 3.9 per cent rise in residential property prices in the December quarter 2019, according to figures released by the Australian Bureau of Statistics (ABS).
Year: 2020
Governments must not shut down civil
The AWU and Master Builders Australia are jointly calling on governments to ensure the building and construction industry continues to operate, because without it the economic knock-on effects would be devastating on a scale that would dwarf what we have seen to date.
Home building industry backs PM in war against Covid-19
HIA is fully supportive of the Government’s rescue package for small business and is confident it will be passed through parliament without delay.
Planning support for bushfire affected Victorians welcome
“Further support for Victorian’s rebuilding their homes after the bushfires will be a very welcome step for home owners and their builders,” said HIA’s Victorian Executive Director, Fiona Nield.
Population growth continues to slow
“The Australian population continued to slow in the September 2019 quarter, driven by a reduction in overseas migration,” stated Tim Reardon, HIA’s Chief Economist.
Builders back well targeted stimulus
The Government’s $17.6 billion stimulus package should bolster economic resilience in the face of the current challenge.
Dealing with prohibited asbestos
The model WHS Act has been amended to ensure WHS regulators have appropriate powers to deal with prohibited asbestos when it is found in a workplace.
Stimulus package welcome but challenges still ahead
The Federal Government’s economic stimulus package will provide welcome support for Australian businesses and households, but there are still significant challenges ahead as governments manage the public health response to the coronavirus outbreak.
Stimulus measures will support home building
“HIA welcomes the Australian Government stimulus package, particularly the support provided for apprentices,” said HIA Chief Economist, Tim Reardon.
Housing market conditions strength in January 2020
“Improvements in the overall housing market are filtering through to new home building conditions,” commented HIA Chief Economist, Tim Reardon.
Industry stability a key to riding economic waves
“As the Australian government looks to respond to the current global financial uncertainty and identify appropriate policies and stimulus measures to enact, the residential building industry should be one of the most supported,” said HIA Chief Executive Industry Policy, Kristin Brookfield.
Helping hundreds of Victorians to buy their first home
The Victorian Government is providing a vital helping hand to first home buyers struggling to enter the property market, with more than 250 properties purchased since the launch of the HomesVic shared equity scheme.