Calm Before The Storm
Cooling residential activity has temporarily eased pressures on some trades but many key trades remain in short supply.

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  Valuation Fix Welcomed, But Land Tax Rate Hike is Main Evil
The Property Council of Australia has welcomed the increase in the land tax threshold and a proposal to even out valuation spikes, but said taxpayers would still be hit with a 21% increase in their tax bills because of the decision to lift the land tax rate in the last budget.

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  Renovations to rescue residential construction from negative outlook: new construction forecasts
Renovations would lead Australia’s residential construction industry out of a forecast slump over the next eight years, according to new economic forecasts released today.

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Growth in engineering construction spending to outpace residential in the long term
Spending growth in the engineering and non-residential construction sectors will surpass the residential sector in the long term, according to new figures released today.

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All in the numbers for Corporate Real Estate
Property sector indicators released this week by the REIA show a continuation in the growth of the commercial property sector despite a downturn in the non-residential accommodation sector.

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Tenants pushing past the shoppers to get into the local Mall
The REIA figures also show a rise in the average home loan – now $223,466 or 32% of household income – may be responsible for dampening Australians love of a trip to the mall.

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Affordable housing Submissions at all levels of government
Affordable Housing continues to build as an issue in Queensland with the Property Council due to make submissions before the end of the year to both the Department of Housing and the Brisbane City Council.

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