New home sales show signs of stabilising
“After falling by 8.5 per cent in 2018 new home sales appear to have stabilised in the first quarter of 2019,” stated Geordan Murray, HIA Senior Economist.
Tag: housing
Skilled migration crucial to housing
“Recent proposals to make changes to the ‘457’ skilled working visa will not address the bigger problem of how to fill the shortage of skilled trades people available to build new homes and apartments,” said HIA Managing Director, Graham Wolfe.
Property tax revenues highlight need for reform
The latest ABS data on Australian taxation revenues reinforces the need for comprehensive reform of our federal, state and local tax systems when it comes to property.
Report finds “chronic housing shortages” in western Sydney
Western Sydney Community Forum and Wentworth Community Housing have launched the Home in Western Sydney report at Western Sydney University, to highlight the alarming levels of housing stress experienced in the region.
Melbourne dominates hotspots in cooling housing market
“Melbourne has once again dominated this year’s (2019) HIA Hotspots Report, with 12 of Australia’s Top 20 building growth areas all located around Victoria’s capital,” said HIA’s Chief Economist, Tim Reardon.
Construction downturn shows some signs of easing in March 2019
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 1.8 points to 45.6 in March 2019, indicating a slight easing in the construction industry’s aggregate rate of contraction (readings below 50 indicate contraction in activity, with the distance from…
HIA launches federal election imperatives
2019’s Federal election presents a golden opportunity for political parties across the spectrum to address the real problems facing the housing industry in 2019.
New ideas for more diverse housing in Sydney
The City of Sydney is calling for new ideas to boost the diversity of housing across the city, with a focus on identifying & developing new models to increase affordable housing supply.
Jobs and housing transforming Groote Eylandt
Groote Eylandt is a hive of building activity with locals chipping in to build themselves a better future.
Pipeline of building work continues to shrink
“Access to finance continues to constrain lending for the purchase of a new home,” said Tim Reardon, HIA’s Chief Economist.
Leave capital gains tax and negative gearing alone
A report released by the Housing Industry Association shows that the majority of Australian voters do not understand Labor’s proposed changes to capital gains tax and negative gearing. It also shows that the majority of people want a proper review before any changes take place.
Revamp your home with window furnishings
If you want to update your house without having to entirely redecorate, investing in new window dressings can be an inexpensive way of enhancing a house’s value.