“The easing of wider economic and housing market conditions has given rise to a situation where monetary and fiscal stimulus is possible, without fear of overheating house prices,” stated HIA’s Chief Economist, Tim Reardon.
“Infrastructure Australia’s audit points both to successes and shortcomings in the approaches to Australia’s economic and social infrastructure. Notwithstanding the impressive current pipeline of projects, the Audit points to the need for further investment, more farsighted planning and better coordination,” Ai Group Chief Executive, Innes Willox, said.
Master Builders welcomes the agreement by State and Territory Building Ministers to work with the Federal Government on a consistent Australia-wide approach to implementation of the Shergold-Weir Report recommendations.
“Home lending figures released by the ABS today (July 11 2019) show the number of loans to households building new homes grew modestly in May (2019),” said HIA’s Senior Economist, Geordan Murray.
BlueScope is committed to continuous improvement, as highlighted in its latest Sustainability Report.
“The combination of lower home prices, improvements in wage growth and lower interest rates have contributed to the ongoing improvement in the HIA Affordability Index for the June 2019 quarter,” said Geordan Murray, HIA Senior Economist.
“New home sales in May (2019) bounced back to their highest monthly level in over a year,” stated HIA’s Chief Economist, Tim Reardon.
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.
On the eve of the June 2019 long weekend, an industry association has released data that reveals the prevalence of employee sick leave around public holidays – with 85 per cent of organisations impacted by the problem, which is more significant within the bigger companies.
The South Australian State Government released a report into the South Australian Dog Fence which outlines a return on investment of up to 48 per cent to replace sections that are more than 100 years old at a cost of $25 million.