“A trend of improving affordability is taking root in the major capital cities – due largely to falling housing prices,” commented Geordan Murray, HIA Acting Principal Economist.
“Housing investor loans have retreated in most parts of Australia over the past year,” according to Shane Garrett, Chief Economist of Master Builders Australia.
“This is great news for the hundreds of thousands of small businesses in the building industry. It will allow them to invest back in their business and expand the number of people they employ. Said HIA Acting Chief Executive of Industry Policy Tim Reardon.
“The Australian Industry Group (Ai Group) has issued advice to its members about the ACTU “change the rules” protest rallies. Ai Group has advised that employees who fail to attend work so as to participate in one of the ACTU rallies starting would in most…
Prominent private developer DealCorp has secured planning approval for a pioneering new development that will repurpose land created at the recently revamped Gardiner Train Station in Glen Iris.
“ABS dwelling commencement figures recently released show that Tasmania’s new home building industry outperformed all other states and territories in 2017/18, noted HIA Executive Director, Rick Sassin.
“First Home Buyer participation in Australia’s mortgage market is now at its healthiest since 2012,” said Shane Garrett, Chief Economist for Master Builders Australia.
“The value of lending to investors declined by more than 20 per cent over the last twelve months while lending to owner- occupiers was down by 7.7 per cent. Given such a large drop, we should expect the market to continue to cool,” said HIA…