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…
Huge call to action for on infrastructure delivery
The 2020 Infrastructure Priority List reveals the scale of the challenge for Australian governments in addressing emerging and enduring infrastructure needs.
What’s trending in 2020 kitchens?
As the heart of the home, your kitchen plays a central role in everyday life. Whether you use this space as an entertainment area, hosting holiday events or simply a place to hang with the family after a long day, the kitchen brings people together.
Skills shortage remains despite slow down in building
“Despite the housing market cooling during 2019, demand for skilled trades workers remains strong, with demand in Sydney, Melbourne and Brisbane exceeding availability,” said HIA Economist, Angela Lillicrap.
First Home Buyer scheme support millenials and regions
“New data released by the Housing (Supply) Minister shows that the Federal Government’s First Home Loan Deposit Scheme is already helping millennials achieve their home ownership aspirations and giving a boost to regional areas,” said HIA Chief Executive Industry Policy, Kristin Brookfield.
Demand for residential land picks up
“Residential land sales have increased by 45.9 per cent from their record low in the March 2019 quarter,” said HIA Economist, Angela Lillicrap.
Access to bushfire standard will help with rebuilding
“Today’s (February 17 2020) announcements that builders and homeowners will be able to easily access the Australian Standard for building in bushfire prone areas will help thousands of people impacted by the recent bushfires move through the rebuilding process a little more smoothly,” said Kristin…
Lending for new homes continues to grow
“Lending to first home buyers increased by 6.2 per cent in the month of December 2019 to be up by 3.6 per cent for the quarter. This is the highest number of first home buyer loans since December 2009,” said Angela Lillicrap, HIA Economist.