A Positive Quarter for Dwelling Approvals– HIA
There was a small rise in building approvals in June, helping the entire quarter to a
higher level.

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  Housing construction emerging from doldrums - report
The housing construction sector is emerging from the doldrums, with building approvals rising to their highest level in almost a year.

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  Scrapping of vendor tax is likely to lower house prices
The scrapping of the unpopular vendor tax has key players in the NSW real estate sector licking their lips, although prospective sellers have been warned to expect falling house prices in an oversupplied market.

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$15.7 Billion Year Victorias Best Ever
The Victorian building industry has broken all records with the Building Commission’s Pulse revealing a massive $15.7 billion worth of building permits issued for the 2004/05 financial year. This figure surpasses the previous record of $15.3 billion set in the 2003/04 financial year by 2.4 per cent.

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Melbourne Residents Happier Than Their Cynical Sydney Counterparts, Says New Report
New research that explores attitudes towards development and planning reveals that Melbournians have a far rosier outlook than their counterparts in Sydney.

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Property Council Welcomes Premier Iemma – Vendor Tax Abolished
The Property Council has welcomed Morris Iemma’s first decision as the new NSW Premier to abolish vendor tax saying this move marks a major step towards getting the State’s economy back on track.

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Tax Incentives Could Transform Civic and the Town Centres
An ACT Government proposal to offer up to $1 million in tax waivers for converting ageing commercial buildings into low-cost housing should be extended to a wider range of redevelopment strategies for Civic.

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