Housing Industry Association
News and interviews on Housing Industry Association including trends, features, blogs and community conversations from an Australian business perspective.
Construction work continues to fall in November, RBA to quiz NAB over technical glitch: Economy RoundupTuesday, 07 December 2010
Activity in the construction sector contracted for a sixth consecutive month during November, according to the latest Australian Industry Group-Housing Industry Association construction index. ...
Baillieu to move quickly on stamp duty, public transport reforms
Tuesday, 30 November 2010
Victorian Liberal leader Ted Baillieu has now officially taken power, after John Brumby conceded defeat yesterday afternoon, ending an 11 year run for the Labor Government. ...
Spring season a disappointment for property owners but pain set to continue, experts say
Monday, 29 November 2010
The dismal Spring selling season has delivered an oversupply of properties that will last well into 2011 and prolong downward pressure on prices, experts warn after another depressing weekly result in the Melbourne and Sydney markets. ...
Housing affordability improves but rising rates cloud 2011 outlook
Thursday, 25 November 2010
Housing affordability improved slightly during the September quarter due to a stall in prices but the market is still much too expensive and no change is expected for some time, according to the latest Housing Industry Association-Commonwealth Balk Affordability ...
RBA says economic growth is on track, hints rate rise may be enough for now: Economy Roundup
Friday, 05 November 2010
The Reserve Bank of Australia has said in its latest quarterly statement on monetary policy that the local economy is growing an expected, with risks in the Asian market beginning to fade. ...
Home sales up 0.6% in September, Telstra to cut 950 jobs: Economy roundup
Friday, 29 October 2010
Sales of new homes increased by 0.6% in September, breaking four consecutive months of declines, according to the latest results from the Housing Industry Association. ...
Westpac dismisses housing bubble talk, home prices remain flat in September quarter
Thursday, 28 October 2010
The Australian housing market is not experiencing a bubble and prices are still within reach of most buyers, according to a new report from Westpac that attempts to dispel the “myth” of unaffordable housing. ...
Drop in skilled migration threat set to exacerbate skills shortages
Tuesday, 26 October 2010
No less than four separate surveys of businesses have underlined Australia’s growing skills crisis, but there are growing fears that a predicted drop in skilled migration could exacerbate the problem over the next two years. ...
Rents to increase as interest rates rise, RBA warns
Wednesday, 20 October 2010
Rental prices are set to increase over the next year as the construction downturn and population growth continues, the Reserve Bank of Australia has warned. ...
Unemployment remains at 5.1% in September, Construction activity down again: Economy Roundup
Thursday, 07 October 2010
The unemployment rate remained at 5.1% during September, according to new figures from the Australian Bureau of Statistics. ...
Housing Industry Association says housing starts to fall by 4% in 2010-11, shortage and affordability to get worse
Thursday, 07 October 2010
The national housing shortage is becoming worse and affordability will decline unless government policies are reformed, the Housing Industry Association has warned in a new report. ...
New home sales fall for fourth straight month, Telstra unveils growth strategy: Economy Roundup
Wednesday, 29 September 2010
Sales of new homes fell for the fourth consecutive month in August, according to the Housing Industry Association, with representatives saying the industry is at risk if interest rates continue to rise. ...
Construction and health sectors continue to suffer skills shortages
Thursday, 16 September 2010
The construction and health care industries will continue to suffer skills shortages, one expert argues, with new government data revealing trades involved in the building sector recorded some of the highest increases in vacancies during September. ...
Construction firms may still collapse as industry remains weak, economist warns
Wednesday, 15 September 2010
The top performers in the building industry may have increased their number of housing projects in the past year, but the industry is struggling and smaller players could still collapse, one economic expert warns. ...
Fresh claims of property bubble off the mark, experts say, as auctions remain steady
Monday, 13 September 2010
Local property experts have cast doubt on two new reports suggesting Australia mortgage lending is out of control and we are heading towards major price shifts, instead saying current levels of lending are sustainable and a balanced "correction" in some areas ...
Unemployment figures underline fears of skills shortages
Friday, 10 September 2010
While economists have praised yesterday’s drop in unemployment to 5.1%, various industry representatives are bracing for the worst as skills shortages worsen in the housing construction, engineering and IT sectors. ...
Banks move to win first home buyers, but new home sales continue to plunge
Tuesday, 31 August 2010
The housing industry is attempting to attract new home owners and customers by raising LVRs and reducing savings requirements, but experts warn the market has shifted significantly from last year and affordability has declined. ...
Construction data shows private sector activity picks up, but economists warn on outlook
Thursday, 26 August 2010
Official construction data for the June quarter has revealed a clear shift towards private sector activity from government-funded work, but one economist warns the outlook for industrial and commercial building is still uncertain. ...
Housing shortage will hurt affordability for the next decade, experts claim
Thursday, 19 August 2010
Housing affordability will spiral out of control in the next decade if state and federal governments do not fix the lack of supply – an issue which could possibly impact economic growth and spark widespread social distress, housing experts warn. ...
David Jones delivers solid fourth-quarter sales result. Housing affordability slides: Economy Roundup
Wednesday, 18 August 2010
Department store giant David Jones has delivered an uncharacteristically upbeat profit forecast after beating analysts' expectations by posting a 1.7% increase in fourth-quarter like-for-like sales. ...
