Bi-partisan support for a Federal Housing Minister recognises the urgent need to address our housing affordability challenges at a national level, said the Housing Industry Association.
On Friday 21 September 2018, the building industry will gather in Wagga for its annual nights of nights, to celebrate all that is good in design and construction in residential building at the Housing Industry Association (HIA) Riverina Housing Awards.
“Changes to visas for skilled workers have delivered an immediate hit to Australia’s population growth,” said Geordan Murray, HIA Principal Economist.
Commonwealth Bank of Australia has announced it will increase its variable home loan rates, following a sustained increase in funding costs. All variable home loan rates will increase by 15 basis points from 4 October 2018.
The first home sites at Stockland’s brand new Promenade Rothwell community have generated a flurry of interest from eager homebuyers as construction on the $44 million project gets underway.
“Stronger new home building, off the back of strong population growth, is continuing to drive the improvement in economic conditions in Australia,” stated Tim Reardon, HIA’s Principal Economist.
“The trend of a cooling housing market that has been evident throughout 2018 continued in July 2018 with a 5.2 per cent decline in building approvals,” stated Tim Reardon, HIA’s Principal Economist.
The Housing Industry Association (HIA) has sent a submission to the Australian Energy Market Commission to express its concern “that builders and owners of newly constructed homes have faced significant delays in getting power provided to site and meters connected,” after the introduction of the Federal Contestable Metering (Power of Choice) legislation in 2017, said […]
Builders remain relatively upbeat despite the moderating housing market, according to the latest real time snapshot of business confidence in the building industry.
“The housing industry experienced a strong month of approvals to end the financial year, with the number of new home approvals rising 4.0 per cent in June 2018,” stated Tim Reardon, HIA’s Principal Economist.