Home lenders show support for first home buyers
The announcement that 27 lenders have now been endorsed to participate in the First Home Loan Deposit Scheme is the next important step in the lead up to the Scheme starting on 1 January 2020.
GDP headline conceals declining housing construction
The lift in GDP for the September 2019 quarter is welcome, but conceals a worrying decline in housing construction which will undermine housing supply and affordability for our growing population.
Specialised plumbing training centre opens in Beenleigh, QLD
The Honourable Annastacia Palaszczuk MP, Premier of Queensland and Minister for Trade and Melissa McMahon MP, Member for Macalister joined key leaders from across the Plumbing and Fire Protection industries at the official opening of the new Plumbing Industry Climate Action Centre (PICAC) Beenleigh campus…
Construction begins on $88 million Western Sydney Community and Conference Centre with adjoining 4.5 Star Hotel
After three years of planning, construction has started on the $88 million state of the art, Western Sydney Community and Conference Centre, that will service and support the continued growth of Western Sydney.
New home sales steady
“New Home Sales and Housing Finance data indicate that the housing market has stabilised over the past 6 months,” stated HIA Economist, Angela Lillicrap.
Where and when is the infrastructure spending coming online?
“The impact of the credit squeeze that caused the rapid deterioration in building conditions over the past 18 months is evident in today’s construction data,” stated Angela Lillicrap, HIA Economist.
Falling housing approvals demand government focus
An eight per cent fall in national dwelling approvals in October 2019 demands a response from all levels of government.
Rocky recovery for building approvals
“Building approvals fell by 3.7 per cent in the three months to October 2019 after several months of positive growth,” stated HIA Economist Angela Lillicrap.
Boost to infrastructure spending will create jobs and stimulate activity across the economy
“Ai Group welcomes reports that the federal government will boost infrastructure spending over the next few years. Extra infrastructure work will create new jobs and will lift demand for the wide range of products and services supplied to the engineering construction industry. These impacts can…
Infrastructure fast-track welcomed
The Property Council of Australia has welcomed the Federal Government’s plan to bring forward of spending on infrastructure projects around the country.
HIA welcomes commitment to reduce red tape
HIA welcomes the Government’s announcement that as part of its move to bring forward billions of dollars in infrastructure, it will also be cutting red tape that hinders the progress of projects that are vital to Australian housing.
Outlook for housing market
“New home sales, approvals and housing financing data all suggest that the demand for detached homes has stabilised, albeit, well below levels of the past five years,” stated HIA’s Chief Economist, Tim Reardon.