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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

All-New Curtain Collection from Luxaflex® Window Fashions is Unveiled

Championing elegance and beauty, the new Luxaflex Curtain Collection delivers both style and substance, adding a visual element of textural depth and dimension to transform an interior space.

Sep 30, 2020

News

Relaxing lending rules will drive home ownership and the economy

The Governments plan to improve access to finance is necessary and the move will not only help thousands of new home buyers get into their first home sooner but will also help steer Australia out of the economic problems brought on by Covid-19, Managing Director…

Sep 25, 2020

COVID-19 impact on population growth and housing powerful call to action

The latest research report from the National Housing Finance and Investment Corporation (NHFIC) on the impact of COVID-19 on population growth and housing is a welcome contribution to policy thinking, and a powerful call to action for the Federal Government on stimulus and migration.

Sep 22, 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

News

Demand for residential land surges 70 per cent

“Housing finance figures released today ( September 9 2020) show that lending for the construction of a new home rose in July (2020) for the first time since February (2020), to the highest level in two years,” stated HIA’s Chief Economist, Tim Reardon.

Sep 9, 2020

News

Australian PCI®: Construction industry slump continues into August 2020

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 4.8 points to 37.9 in August 2020, with the pace of decline in business conditions worsening again after a pause in July (readings below 50 points indicate contraction in activity,…

Sep 8, 2020

News

Ground-breaking start for new Mandurah multi-storey car park

Shovels are in the ground as construction commenced on the new $32 million METRONET Mandurah Station multi-storey carpark.

Sep 8, 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

News

First Home Loan Deposit Scheme should grow

Today’s (31 August 2020) report from the National Housing Finance and Investment Corporation (NFHIC) outlines the intital success of the first release of 10,000 guarantees under the First Home Loan Deposit Scheme.

Aug 31, 2020