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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

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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

Building for Tomorrow program a key feature of economic recovery

The WA Government is building Western Australia’s economy back-up from the pandemic by embarking on Building for Tomorrow, the biggest transport infrastructure program WA has seen.

Aug 24, 2020