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.
New loan commitments for housing rose 4.4 percent
The value of new loan commitments for housing rose 4.4 per cent in December 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics figures.
Lenders must pass full interest cut on to borrowers
“Banks and other lenders need to pass today’s (March 3 2020) rate cut on in full without delay,” Master Builders Chief Economist Shane Garrett said.
New digital platform maps liveability in our major cities
A groundbreaking new digital platform is set to transform how we map liveability in major cities across the country, in an Australian first.
Home building a weight on national economy in 2019
“The credit squeeze and its impact on home building weighed heavily on Australia’s economy in 2019,” commented HIA Senior Economist, Diwa Hopkins.
Welcome focus on waste, water in Infrastructure Australia Priority List
The Green Building Council of Australia (GBCA) fully endorses the latest edition of Infrastructure Australia’s Priority List released, welcoming the elevation of critical issues including new High Priority National Initiatives on water, waste and coastal inundation, tied to the central theme of resilience that headlined…