Industry welcomes additional home ownership measures
Australia’s property industry has welcomed the Federal Government’s announcement of additional home ownership measures in the 2021-22 Budget.
Month: May 2021
Detached housing and renovations surge in March quarter
“Figures released by the ABS today (May 26 2021) show work done on detached houses and renovations surged in the March quarter,” said Angela Lillicrap, HIA Economist.
A record year of house building is underway
“A record number of detached housing starts will occur in the 12 months to September 2021 with more than 146,000 detached houses commencing construction. This is more than 20 per cent higher than the peak of the previous boom in 2018,” stated HIA Economist, Angela…
Construction needs collaboration not conflict
The Grattan Institute’s latest report Megabang for megabucks finds Australia’s transport infrastructure is overpriced and suggests government should drive harder bargains and stop worrying about the profitability of the industry.
Building a path for women: HIA appoints new Vice President
HIA is proud to announce the appointment of its new national Vice President, Ms Debbie Johnson. Debbie is the second female to be elected to this position.
New home sales take an Autumn dip
“New Home Sales fell in April 2021 to be 54.4 per cent lower than March as HomeBuilder came to an end,” stated HIA’s Economist, Angela Lillicrap.
Skilled trades in high demand in the March 2021 quarter
“The building industry is continuing to attract workers from across the economy as it experiences the most significant skill shortage since 2004,” stated HIA Economist, Angela Lillicrap.
Budget reveals population growth as biggest constraint on economy
The property industry has commended the Federal Government on the continued strong management of Australia’s remarkable economic recovery, but flagged that population growth was clearly the biggest constraint on recovery.
Budget shifts gear to the longer term
“From an industry perspective, the Government’s second budget in a year locks in the recovery from recession and shifts gears from emergency measures to investing in the economy for the longer term,” Innes Willox, Chief Executive of the national employer association Ai Group said.
Budget 2021 asserts the value of infrastructure investment
The Australian Constructors Association (ACA) welcomes the 2021-22 Federal Budget which affirms the critical role of the construction industry in rebuilding the Australian economy.
Construction tender released for Katherine flood mitigation works
Properties in Katherine North will be better protected from flooding as the Territory Government releases the first stage of tender for the construction of the flood mitigation embankment and wall levees.