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.
Property industry welcomes big federal infrastructure spend
The Property Council of Australia has welcomed the Federal Government’s strengthened infrastructure commitment and details of major new infrastructure projects to be funded in 2021-22’s Federal Budget.
HIA welcomes new National President & Vice President
The Housing Industry Association (HIA) is pleased to announce the appointment of Alwyn Even from ABN Group as National President and Ms Debbie Johnson from Building Suncoast Green as National Vice President.
Australian PCI®: Construction industry stays close to historic high in April 2021
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 2.7 points to 59.1 in April 2021, continuing to indicate a strong pace of post-2020 recovery in the wake of March’s record high (readings above 50 indicate expansion in activity,…
Detached dwelling approvals reach new record
“Detached building approvals in March reached their highest level since the ABS began this series in 1983,” stated Senior Economist, Nick Ward.
First home buyers help drive housing market
“First home buyers accounted for 41 per cent of new loans issued over the past six months, the highest for more than a decade,” stated HIA’s Senior Economist, Nick Ward.
Local economy rebounding strongly
Goulburn Mulwaree’s building approval growth is exceeding all estimates, as new data shows the region is on track for the highest value of residential building approvals ever recorded.
Property industry welcomes adjustment to Government’s super reforms
The Property Council of Australia has welcomed changes to the Federal Government’s Your Future Your Super reforms which will ensure that unlisted property investments are fairly assessed through the new annual performance test.