Good start to getting rid of stamp duty
“The indexation of Stamp Duty is a step forward in reducing the taxation imposts on housing,” stated Tim Reardon, HIA’s Principal Economist.
Category: News
Palmerston School project to support 120 construction jobs
The $12.6 million first stage of the Territory Government’s fast-tracked government school at Zuccoli will support 120 construction jobs over the next year.
Rental inflation weakest in quarter of a century
“The pace of increase in rents remains at its slowest in 25 years,” said Shane Garrett, Chief Economist of Master Builders Australia.
Cutting red tape must remain high priority
Laws to create a Director Identifier Number system (‘DIN’) are one step closer but cutting red tape for building and construction businesses must remain top of the agenda.
Apprentice wage subsidy a boost for jobs in regional Australia
Small building businesses in rural and regional communities around the country will take on more apprentices as a result of new apprentice wage subsidies announced by the Federal Government.
Skills shortages ease with building conditions
“The HIA Trades Availability Index indicates that demand for construction trades eased during the September 2018 quarter, but they remain in short supply,” said Geordan Murray, Acting Principal Economist.
New showcase building demonstrates benefits of structural timber
A showcase midrise timber building launched will benefit Australia’s construction and forestry industries by demonstrating the extraordinary capacity of timber as a sustainable, renewable and versatile building resource.
Dwelling approvals fall in September 2018
The number of dwellings approved in Australia fell by 1.9 per cent in September 2018 in trend terms, according to data released by the Australian Bureau of Statistics (ABS).
Gardiner Station to become vibrant new retail precinct
Local developer DealCorp has launched its new $100 million project, Glenarm Square, which will transform the forecourt of the newly revamped Gardiner Station in Glen Iris into a buzzing new community piazza unlike anything the area has seen before.
Bold plan to preserve rare Sydney buildings
City of Sydney Councillors have approved a bold new plan to protect some of Sydney’s most significant twentieth century buildings from being destroyed.
Access to finance hits building approvals
“The trend of a cooling housing market, which has been evident throughout 2018, continued in the three months to September 2018 with approvals now 6.6 per cent lower than the preceding quarter,” stated Tim Reardon, HIA’s Principal Economist.
Downturn in new home sales pauses
“The downturn in HIA New Home Sales paused in September 2018 following declines in the order of 3 per cent in each of the previous two months” commented HIA Economist, Diwa Hopkins.