Work in the pipeline, but market is slowing
“The boom in building activity experienced over recent years is still resulting in a record number of new homes being built,” stated HIA’s Principal Economist, Tim Reardon.
Category: Building
Tasmanian talent and world-renowned architects to build new campuses
A partnership that brings together top Tasmanian architectural talent and one of Australia’s most celebrated architectural practices will design the University of Tasmania’s new campuses in Burnie and Launceston.
Iconic Geelong building showcases sustainable office design
The Clean Energy Finance Corporation has congratulated WorkSafe Victoria on the opening of its new Geelong headquarters, a building setting new standards in commercial office sustainability.
Build-to-Rent model in NSW welcome — now it’s Victoria’s turn
The Property Council of Australia welcomed the announcement by the NSW Government to support a ‘Build-to-Rent’ housing model and has urged the Victorian Government to also take up the opportunity to provide more housing choice.
Streamlining land supply an important housing affordability step
“Housing affordability must remain a key objective to support and encourage first home buyers to enter the market,” says the Housing Industry Association.
Commercial building approvals top $46.5 billion
The total number of new dwelling units approved was recorded at 17,791 in May 2018, down by 3.2 per cent on the previous month. Over the year total dwelling approvals are still up slightly, but have moderated over the first half of 2018, particularly for…
House approvals slowing
“The volume of new home approvals appears to have peaked in late 2017 and has cooled modestly during the year,” stated Tim Reardon, HIA’s Principal Economist.
New house sales continue to slide in 2018
“The first half of 2018 has seen a renewed downward trend in new house sales,” said Tim Reardon, HIA’s Principal Economist.
Stamp duty revenue hits new record
“Australian homebuyers paid out over $21 billion in stamp duty to state governments during the 2017/18 financial year – and the total cost of the tax is expected to get even bigger over the next few years,” explained HIA Senior Economist, Shane Garrett.
Labor’s call on SME company tax cuts a blow to builders
Master Builders Australia is bitterly disappointed with Labor’s pledge to ramp up the tax burden for thousands of small and medium building businesses.
2018 Wiring Rules are now available for licensed electrical practitioners
Standards Australia announced that the 2018 edition of AS/NZS 3000:2018, Electrical Installations (known as the Wiring Rules) has been published in Australia and New Zealand.
Australian Infrastructure Plan progress report
The progress report released on the key recommendations of the 2016 Australian Infrastructure Plan shows that we are heading in the right direction but more needs to be done to create great Australian cities.