ANZ decreases variable home loan rates
ANZ announced it will decrease variable interest home loan rates in Australia by 0.25%pa, following the Reserve Bank of Australia’s decision to reduce the official cash rate.
Tag: property
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.
Australians reject risky changes to property tax
The Property Council of Australia has congratulated Prime Minister Scott Morrison and the Coalition on 2019’s federal election result.
Australian PCI®: Construction falls at steeper rate in April 2019
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 3.0 points to 42.6 in April 2019, with a return to growth in engineering construction failing to offset continued declines in housing activity, commercial construction and apartment building work…
Property tax revenues highlight need for reform
The latest ABS data on Australian taxation revenues reinforces the need for comprehensive reform of our federal, state and local tax systems when it comes to property.
New Gold Coast Head Office and Distribution Centre for Reward Hospitality
Reward Hospitality is excited to announce the completion of their brand new purpose-built head office and distribution centre in Yatala, Queensland.
Conry elected new President of Property Council
Stephen Conry, JLL’s Chief Executive Officer, Australia has been elected as the new National President of the Property Council of Australia.
Housing investor loans sink to GFC levels
“The amount of credit provided to housing investors in January 2019 was lower than in any month since 2011,” said Master Builders Australia’s Chief Economist, Shane Garrett.
Appointment of new CEO for Green Building Council of Australia
The Property Council has warmly welcomed the appointment of Davina Rooney as the new chief executive officer of the Green Building Council of Australia (GBCA).
Industry roundtable on property taxation impacts
The Property Council of Australia was pleased to participate in an industry roundtable on the impact of changes to negative gearing and capital gains tax.
Government response to Banking Royal Commission
The Property Council of Australia has welcomed the Government’s response to the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Banking Royal Commission – don’t break the economy in fixing the banks
The final report of the Hayne Royal Commission into misconduct in the banking and financial services industries comes at a critical time for the Australian property industry.