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“Having touched record levels during 2016, the latest edition of the Housing Industry Association’s flagship forecasting report predicts that new home building starts are set to move lower over the remainder of 2017,” explained HIA Senior Economist, Shane Garrett.

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The latest Housing Finance data for April 2017 released by the ABS continues to show volatility, recording a fall in the value of dwelling commitments of 1.6 per cent. 

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Wednesday, 07 June 2017 16:02

Support for first home buyers positive move

The NSW Government released its housing affordability package with a strong focus on first home buyers, increasing supply and infrastructure delivery.

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HIA’s New Homes Sales Report - a survey of Australia’s largest home builders – revealed a modest increase in new home sales in April 2017 driven by stronger sales in New South Wales, Victoria and South Australia.

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Total dwelling approvals moved back into positive territory in April 2017, up by 4.4 per cent over the month, measured in seasonally adjusted terms. 

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Monday, 22 May 2017 10:10

Budget boost for housing

New economic modelling commissioned by Master Builders Australia forecasts that the $75 billion infrastructure and housing affordability measures announced in the Budget will deliver a substantial 41% boost to the supply and affordability of housing.

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Sunday, 14 May 2017 14:19

Renewed support for first home buyers

The Housing Industry Association (HIA), the voice of Australia’s residential building industry “welcomed the announcement by The Hon Guy Barnett, Tasmanian Minister for Building and Construction for the continuation of the First Home Owners Grant for another 12 months at $20,000 as well as Stamp Duty relief on paying Stamp duty only on land on a house and land package” said Rick Sassin, Executive Director Housing Industry Association.

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Tuesday, 09 May 2017 22:33

Budget step to housing affordability

The focus on housing in the Budget is an important step in addressing the complex housing affordability challenge that Australia faces according to Housing Industry Association.

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Wednesday, 10 May 2017 11:25

Budget will boost builders and tradies

“The Budget will be a boost for more 340,000 builders and tradies in every city, town and region,” Denita Wawn, CEO of Master Builders Australia said.

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Apartment approvals fell by 28.4 per cent in March 2017, supporting a fall in total dwelling approvals of 19.9 per cent.

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