“The amount of commercial building approval surged during August (2019) to record its strongest ever monthly performance,” Master Builders Chief Economist Shane Garrett said.
After recording the largest losses during the recent housing market downturn, the premium end of Sydney and Melbourne’s housing market is driving the rebound in capital gains.
Scott Cam will inspire the next generation of tradespeople in his new role as Australia’s first National Careers Ambassador, helping young Australians take advantage of surging demand for skilled workers.
From 1st December 2019, local councils will register all backyard pools and spas in their area, with property owners being required to submit a current certificate of compliance for their pool or spa safety barrier fence.
“Housing is a national priority and HIA welcomes the Senate passing legislation that will facilitate the next step in making the First Home Loan Deposit Scheme a reality,” stated Graham Wolfe, HIA Managing Director.
“The appointment of Scott Cam as the first National Careers Ambassador is recognition of both the opportunity a trade career offers someone and the importance of the vocational education and training pathway to access that career,” said Kristin Brookfield, HIA Chief Executive Industry Policy.
“The First Home Buyer share of the home loan market has increased to its highest since early 2012 while investor lending has risen for the second consecutive month,” Master Builders Australia’s Chief Economist Shane Garrett said.