Millions in stamp duty savings for first home buyers
The Victorian Government is helping more people buy their dream home, with thousands of first home buyers spared millions of dollars in stamp duty costs over the past financial year.
Suicide prevention support for the building and construction industry
MATES in Construction Western Australia has been provided with more than $520,000 in grants from the WA Government through Lotterywest and the Mental Health Commission.
Honey, we shrunk the kitchen: but is it making a comeback?
In-home kitchens were on the chopping block for a while, but now it seems they’re back on the menu.
Population growth and finance will constrain building activity
“Prior to COVID-19, population growth had already fallen well below expectations as overseas migration and the natural rate of population growth fell. Left unchecked, this will lead to more subdued building activity over the decade ahead,” stated HIA’s Chief Economist, Tim Reardon.
Record allocation of $2 million for Local Capability Fund to support WA businesses
The WA Government has announced a record $2 million in grants to support local businesses secure contract opportunities, more than doubling last year’s (2019) funding and supporting the WA Recovery Plan initiatives.
Awards closing soon
Australian FENCING Awards 2020 are closing on the 31st of August 2020 so get your entries in now!
COVID Stage 4 building restrictions a Burden on Victorian Families
“Restrictions on building sites in Victoria that limit trades people to just three sites a week could leave thousands of average Victorians and their families out in the cold during the remaining weeks of winter, and longer, Executive Director HIA Fiona Nield said.
New Home Sales Elevated Since HomeBuilder
“With two months of data since the introduction of the Australian Government’s HomeBuilder scheme it is increasingly clear that HomeBuilder has arrested the decline in New Home Sales and will protect jobs in the sector into 2021,” commented HIA Chief Economist, Tim Reardon.
DOT Downlights Endeavour to Better the Best With New LED Engineering
Pioneering the lighting industry with state-of-the-art LED technology, DOT Downlights, a part of the Pierlite portfolio, launches a new league of lighting with the KIMBAL engineered range.
Housing finance rises in June 2020
“Housing finance figures released today (August 5 2020) show that home buyers were tentatively returning to the market in June (2020) in response to the initial easing of COVID-19 related restrictions and the announcement of the HomeBuilder program,” commented HIA Senior Economist, Geordan Murray.
Australian PCI®: Construction slump eases in July 2020
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) rose by a further 7.2 points to 42.7 points in July 2020. This indicates business conditions remained negative across the construction industry in July 2020, but the pace of contraction eased from…
Victorian Housing Industry safe for now: HIA
The Victorian Government’s decision to recognise the importance of the housing industry as an essential industry that can continue to operate safely for the next six weeks is extremely welcome.