“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.
Housing affordability the best since 2016
Housing affordability the best since 2016
Australia’s average housing affordability is the best it has been since 2016 with property in some cities and regions the most attainable it has been in decades, according to new ANZCoreLogic research.
Construction falls at steepest rate in six years
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 activity, with the distance from 50 indicating the strength of […]
State, Territory Governments must seize opportunity presented by RBA rate cut
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.
Cities, infrastructure and housing in focus in new ministry
Cities, infrastructure and housing in focus in new ministry
The Property Council of Australia has welcomed the announcement of the new Federal Government ministry.
Making housing a priority
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.
Fastest improvement in affordability in six years
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.
Intervention to encourage housing investment necessary
Intervention to encourage housing investment necessary
“Lending for the purchase or construction of a new home has fallen to its lowest level since September 2013,” stated HIA’s Chief Economist, Tim Reardon.
First Home Buyers continue to drive Australia’s housing market
First Home Buyers continue to drive Australia’s housing market
“The importance of the First Home Buyer (FHB) segment of the market has grown again, with newly released figures for March (2019) showing that their share of the market is at its largest in nearly 7 years,” Shane Garrett, Chief Economist said.
Metricon welcomes proposed $500 million deposit guarantee for first home buyers in NSW
Metricon welcomes proposed $500 million deposit guarantee for first home buyers in NSW
Bipartisan support for a First Home Loan Deposit Scheme couldn’t come at a better time for first home buyers in Sydney and across NSW, according to one of the largest home builders in the state, Metricon.