Building Archives - Page 11 of 40

Impact of HomeBuilder evident in detached building approvals

“The impact of HomeBuilder is now emerging in the ABS Building Approvals Data and there is a significant divergence between the outlook for detached and multi-unit dwellings,” stated HIA Economist, Angela Lillicrap.

Sep 30, 2020

HomeBuilder Starts To Lift Residential Building Loans

New ABS lending figures for July 2020 show that HomeBuilder has started to drive a recovery in loans for home building.

Sep 17, 2020

HomeBuilder Keeps December Quarter Afloat

“New Home Sales data released today (16 September 2020) confirms that HomeBuilder will support building activity and protect jobs in the December 2020 quarter,” commented HIA Chief Economist, Tim Reardon.

Sep 16, 2020

Builders call for National Cabinet consensus to arrest economic decline

Building a National Cabinet consensus to deal cohesively and practically with the tension between the health and economic impact of the virus is the overwhelming imperative to be drawn from the 7% fall in June 2020 quarter GDP.

Sep 4, 2020

Building approvals increase 12 per cent in July 2020

“The HomeBuilder program has been very positive for the detached house sector but the impact of this program is yet to be seen in ABS approval data. The lift in detached house approvals in July (2020) is more likely reflect building application lodgement and processing…

Sep 1, 2020

Commercial tenancy code adds cost, red tape for property sector

A new survey of property owners has highlighted the complexity of commercial leasing codes and the delays these have caused in getting relief to tenants as well as the red tape burden placed on the property sector.

Aug 31, 2020

Red tape squeezing first home buyers out of the market

“The HIA-Housing Affordability Index for the June (2020) quarter 2020 shows housing in Australia remains at its most affordable since 1999,” state Tim Reardon, HIA’s Chief Economist.

Aug 27, 2020

Builders call for $5.1 billion to fund CommunityBuilder grants & extension of HomeBuilder grants

Master Builders Australia is calling for billions in stimulus measures in the October 2020 Federal Budget to support the building and construction industry through the devastating demand shock that is forecast to hit in 2020/2021.

Aug 24, 2020

New Home Sales Elevated Since HomeBuilder

“With two months of data since the introduction of the Australian Government’s HomeBuilder scheme it is increasingly clear that HomeBuilder has arrested the decline in New Home Sales and will protect jobs in the sector into 2021,” commented HIA Chief Economist, Tim Reardon.

Aug 14, 2020

Housing finance rises in June 2020

“Housing finance figures released today (August 5 2020) show that home buyers were tentatively returning to the market in June (2020) in response to the initial easing of COVID-19 related restrictions and the announcement of the HomeBuilder program,” commented HIA Senior Economist, Geordan Murray.

Aug 5, 2020

NSW Boosts Build-To-Rent

The Property Council of Australia has warmly welcomed the NSW Government’s package of measures to help provide more and better housing choices for people who rent by boosting the growth of the ‘build-to-rent’ sector.

Jul 29, 2020

NSW stamp duty changes for first home buyers timely relief: HIA

The NSW Government’s announcement that there will be a temporary increase in the stamp duty concessions for first home buyers is a timely and significant decision.

Jul 27, 2020