Stimulus measures will support home building
“HIA welcomes the Australian Government stimulus package, particularly the support provided for apprentices,” said HIA Chief Economist, Tim Reardon.
Housing market conditions strength in January 2020
“Improvements in the overall housing market are filtering through to new home building conditions,” commented HIA Chief Economist, Tim Reardon.
Industry stability a key to riding economic waves
“As the Australian government looks to respond to the current global financial uncertainty and identify appropriate policies and stimulus measures to enact, the residential building industry should be one of the most supported,” said HIA Chief Executive Industry Policy, Kristin Brookfield.
Helping hundreds of Victorians to buy their first home
The Victorian Government is providing a vital helping hand to first home buyers struggling to enter the property market, with more than 250 properties purchased since the launch of the HomesVic shared equity scheme.
The Top Kitchen Renovators and Designers in Sydney
Thinking of renovating the heart of the home, but not sure where to start? Kitchens are no longer just a place to cook and share meals. Nowadays, the kitchen is the centre of the home where a large amount of time is spent with family…
Property Council of Australia welcomes government adoption of plan to reduce red tape
The Property Council of Australia has welcomed the Tasmanian Premier’s commitment to further reduce red tape in Tasmania.
Huge call to action for governments on infrastructure delivery
The 2020 Infrastructure Priority List reveals the scale of the challenge for Australian governments in addressing emerging and enduring infrastructure needs.
NSW Government stamp duty relief a welcome announcement: HIA
“The Housing industry Association (HIA) welcomes the NSW governments announcement it will provide stamp duty relief for those people who have been directly impacted by the tragic bushfires that have swept across the state”, Executive Director NSW HIA David Bare said.
Housing downturn weighs on growth in GDP
“Residential building continued to contract in the final quarter of 2019, weighing on overall economic growth,” said Diwa Hopkins, HIA Senior Economist.
Australian PCI®: Construction decline eases in February 2020
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 1.4 points to 42.7 in February 2020, with further improvement in house building activity contributing to the industry’s milder rate of decline this month (readings below 50 indicate contraction in…
Response Interest rate cut a prudent response
“Today’s (March 3 2020) decision by the RBA board to lower the cash rate is the prudent course of action.
Building approvals stable in January
“Building approvals in the three months to January 2020 increased by 4.9 per cent compared to the previous three months but remain 2.3 per cent lower than the same time last year (2019),” stated HIA Economist, Angela Lillicrap.