housing Archives - GET BUSINESS

Time for Queensland to get moving on HomeBuilder

“The Queensland residential building industry remains on track to experience a significant downturn in building activity in the fourth quarter of the year,” says HIA Queensland Executive Director Mike Roberts.

Jul 31, 2020

Record housing finance data due to COVID-19 shock

“The number of loans to owner occupiers for established homes fell by 9.1 per cent during May 2020 to the lowest monthly level on record,” commented HIA Chief Economist, Tim Reardon.

Jul 9, 2020

GST needs to be part of stamp duty removal solution

The Thodey Report provides a welcome perspective on options to overhaul federal-state financial relations and tax reform, but limits the prospect of meaningful reform by ruling out an enhanced GST as the mechanism to remove stamp duty and therefore boost the economy.

Jul 2, 2020

COVID-19 yet to Fully Impact ABS Finance Data

“The number of loans to owner occupiers for established homes fell by 6.3 per cent during April 2020,” commented HIA Chief Economist, Tim Reardon.

Jun 10, 2020

Building approvals still reporting pre-COVID data

“Building approvals data released today (June 3 2020) by the ABS relates to projects lodged with local councils well before the impact of COVID 19 conditions,” stated HIA Chief Economist, Tim Reardon.

Jun 3, 2020

Housing weighing heavily on economy

“In a quarter that largely preceded the COVID-19 disruption, residential building activity chalked up the sixth consecutive quarterly contraction in the volume of building work done. The persistent credit squeeze throughout 2019 contributed to home building activity dropping back to levels last seen in 2014,”…

May 29, 2020

Half a Million Jobs at Risk

New forecasts say new home building will fall by almost 50 per cent, putting half a million jobs at risk over the next year, said HIA.

May 20, 2020

Building approvals remained steady in March 2020 quarter

“Building approvals rose by 1.8 per cent in the March quarter 2020 compared to the previous quarter, providing further evidence that the housing market had momentum going into 2020,” stated HIA Chief Economist, Tim Reardon.

May 4, 2020

Home building industry backs PM in war against Covid-19

HIA is fully supportive of the Government’s rescue package for small business and is confident it will be passed through parliament without delay.

Mar 24, 2020

Imminent lock-downs to have profound impact for business and economy

The inevitable escalation of measures to control the spread of coronavirus across Australia will have a profound impact on business and the economy for many months to come.

Mar 22, 2020

Population growth continues to slow

“The Australian population continued to slow in the September 2019 quarter, driven by a reduction in overseas migration,” stated Tim Reardon, HIA’s Chief Economist.

Mar 19, 2020

Housing market conditions strength in January 2020

“Improvements in the overall housing market are filtering through to new home building conditions,” commented HIA Chief Economist, Tim Reardon.

Mar 11, 2020