The Australian Bureau of Statistics released its monthly building approvals data for January for detached houses and multi-units covering all states and territories.
House building set for worst year in a decade - HIA
“The number of detached houses commencing construction is set to decline this year and next to its lowest level since 2012,” stated HIA Chief Economist, Tim Reardon.
New home sales cut in half by cash rate increases - HIA
“Sales of new homes fell again in January, down by 12.8 per cent for the month, leaving sales in the previous three months a remarkable 46.7 per cent lower than in the previous year,” stated HIA’s Chief Economist, Tim Reardon.
IR changes cannot threaten tradies independence: HIA
“Current talks around changes to IR laws should unequivocally exclude any changes to the right of Australian tradies to work as independent contractors,” said Jocelyn Martin, HIA Deputy Managing Director - Policy & Industry.
Support for trade training can make a real difference - HIA
“Funding arrangements put in place during the pandemic have proven their worth in increasing the uptake of building trade training,” said HIA Executive Director Industry Policy, Geordan Murray.
Strata Community Association (SCA) Congratulates Labor’s Anthony Albanese on Election Victory
Property peak body Strata Community Association (SCA) congratulates Anthony Albanese and the Labor Party on their victory in the 2022 Federal Election.
Amid Housing Affordability Commitments, Where Are the Housing Quality Commitments?
Property peak body Strata Community Association (SCA) is pleased at recent policy announcements directed at first home buyers, but extremely concerned about the lack of policies to ensure their quality.
Cost of blocks of land rise twice as fast as building materials - HIA
“The cost of residential land has risen more than twice as fast as the cost of building materials over the past year,” said HIA Chief Economist, Tim Reardon.