Lending for new home building eased in April 2019
“Home lending figures released by the ABS show the number of loans to households building new homes continued to fall in April (2019),” said HIA’s Senior Economist, Geordan Murray.
Tag: news
Delivery of affordable housing a priority
“A commitment to support the delivery of affordable housing on surplus Commonwealth land offers a first insight into the new federal Housing Minister Michael Sukkar’s housing supply agenda,” said HIA Chief Executive Industry Policy, Kristin Brookfield.
Construction falls at steepest rate in six years
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 2.2 points to 40.4 in May 2019 – a ninth consecutive month of contraction and its steepest rate of decline in six years (readings below 50 indicate contraction in…
Commonwealth Bank home loan interest rate change
Commonwealth Bank announced it will reduce interest rates on Standard Variable Rate (SVR) home loans by 0.25% per annum.
State, Territory Governments must seize opportunity presented by RBA rate cut
“The opportunity to get the housing market moving again has never been greater. State and territory governments must grab it,” Master Builders Australia’s Chief Economist Shane Garrett said.
Historic university’s new gateway to learning
The new Learning & Teaching building has been unveiled at Monash University’s Clayton campus, creating a dynamic educational environment and striking entrance to the historic campus.
New laws pass protecting Victorian homeowners
The Victorian Government has enshrined laws protecting Victorians buying property off-the-plan from delay tactics used by some property developers to rip people off.
NT WorkSafe highlights the risk of silica dust
NT WorkSafe will visit 34 businesses in Darwin, Palmerston, Alice Springs, Katherine and Tennant Creek over the next three months to highlight the risk of silica exposure to their workers.
Making housing a priority
“Housing is a national priority and the appointment of Michael Sukkar as Minister for Housing is recognition of this fact,” stated Graham Wolfe, HIA’s Managing Director.
Victorian Budget delivers on election promises and more training, but business costs remain high
“The Victorian Government has delivered on many of its election promises in this year’s (2019) Budget, despite difficult budget circumstances,” Victorian Head of Ai Group, Tim Piper, said.
Fastest improvement in affordability in six years
“The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013,” said Tim Reardon, HIA Chief Economist.
Major expansion approved for Westfield Doncaster
The Victorian Government is ensuring Melbourne remains Australia’s capital for fashion, food and retail with the approval of the masterplan for a $500 million redevelopment at Westfield Doncaster.