“Lending for the purchase or construction of a new home has fallen to its lowest level since September 2013,” stated HIA’s Chief Economist, Tim Reardon.
“The importance of the First Home Buyer (FHB) segment of the market has grown again, with newly released figures for March (2019) showing that their share of the market is at its largest in nearly 7 years,” Shane Garrett, Chief Economist said.
Bipartisan support for a First Home Loan Deposit Scheme couldn’t come at a better time for first home buyers in Sydney and across NSW, according to one of the largest home builders in the state, Metricon.
More than $1.8 billion per year in repair and maintenance work on negatively geared homes will be under threat from Labor’s policy to impose restrictions on negative gearing.
Mirvac Group (Mirvac) has celebrated the official opening of its premium logistics hub Calibre, in Eastern Creek. The strategically located industrial precinct delivers high-quality built form and employment outcomes for Western Sydney and sets a new benchmark for industrial and warehouse facilities in Australia.
Australia’s New South Wales (NSW) Minister for the Arts, Don Harwin, announced the six design teams shortlisted for the landmark new Powerhouse Precinct at Parramatta, Sydney.
“The contraction in the housing market over the past six months has occurred faster and is larger in scale than the contraction experienced after the GFC,” said Geordan Murray, HIA Senior Economist.
Local builder Sime Construction started work on the new Esperance Indoor Sports Stadium, with WA Sport and Recreation Minister Mick Murray turning the first sod on the joint WA Government-Shire of Esperance project.
Julie and her team at Meli Studio Australia have now added visionary commercial partners such as Allity, Uniting and Aurrum to their loyal residential client portfolio, together raising the bar on design expectations for aged care in Australia and determined to continue to push the…