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News

APRA reduction in mortgage hurdle will boost housing activity

“The announcement by APRA that the mortgage serviceability test is to be relaxed is great news at a time when the potential exists for a recovery in new home building,” Master Builders Australia Chief Economist Shane Garrett said.
eventJul 5, 2019
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More evidence of post-election bounce in housing market

“The number of building approvals for new homes across Australia increased during May (2019), adding to evidence that Australia’s housing market is in the early stages of a recovery,” Shane Garrett, Master Builders Australia Chief Economist said.
eventJul 3, 2019
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Governments must act now on building industry crisis

The insurance industry said state and territory governments must take a nationally consistent and collaborative approach to resolving the building and construction sector crisis.
eventJul 1, 2019
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Medium density planning pause extended

A further three-months planning pause for medium density housing is a sensible step in helping ensuring measured, future-focused planning which will determine neighbourhoods for decades to come, Local Government NSW (LGNSW) said.
eventJul 1, 2019
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Building

Federal leadership needed to resolve looming insurance crisis

The Property Council of Australia is calling for the Commonwealth, state and territory governments to immediately convene an industry roundtable on resolving the insurance crisis for the building and construction sectors.
eventJun 28, 2019
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Building

Apartment disasters driving buyers to detached housing

The Opal Tower and Mascot Towers crises have had a significant impact on the purchasing decisions of home buyers and investors, who are now looking for alternatives to avoid the risk of buying into a strata development, according to Sydney builder, Thrive Homes.
eventJun 25, 2019
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Population growth will support building activity

“Dramatic changes in migration intake can create shocks in demand for private sector businesses, including those in the residential building industry. Changes to migration policies that slow population growth risk adversely impacting Australia’s potential for economic growth,” stated HIA’s Chief Economist, Tim Reardon.
eventJun 20, 2019
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Construction begins on Hotel Rottnest revamp

WA Tourism Minister Paul Papalia has turned the first sod to mark the start of construction on the redevelopment of Hotel Rottnest.
eventJun 19, 2019
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Austin Lane contract awarded

The Territory Government is creating jobs and revitalising Darwin’s CBD with works on Austin Lane awarded to local contractor PTM Group Pty Ltd for $824,000.
eventJun 18, 2019
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Slowing economy underlines need for faster infrastructure roll out

“The fact that economic growth is now at its weakest in a decade makes the task of actioning new infrastructure projects all the more urgent,” Shane Garrett, Chief Economist of Master Builders Australia said.
eventJun 17, 2019
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Bentley 360 development roars ahead as Brownlie Towers come down

The demolition of the Brownlie Towers apartment complex has finished, marking a critical milestone for Bentley 360 – one of Western Australia’s biggest urban infill projects.
eventJun 17, 2019
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Green Square urban development

Sydney’s fastest-growing neighbourhood has received national recognition as one of Australia’s most sustainable communities.
eventJun 13, 2019
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