Skills, infrastructure, business are budget winners
The Housing Industry Association believes today's Victorian Budget will ease the burden on small business and goes a long way to addressing skill shortages and infrastructure development, Victorian Executive Director Graham Wolfe said today.

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  New Home Sales Fall In Vic Before Rate Rise
The sale of new homes across Victoria has fallen in April, demonstrating the fragile nature of the current recovery in home building activity.

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  Fragile Housing Recovery Stalls
In the month before official interest rates rose, house and unit approvals fell nationally by 3.4 per cent.

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Fragile Housing Recovery Stalls in ACT
In the month before official interest rates rose, house and unit approvals fell by 39 per cent in ACT.

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Lending Figures Not a Trigger For Further Interest Rate Rises
Today's solid lending figures for housing is welcome news for the ACT's home builders and renovators but should not be a trigger for hiking interest rates.

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Unit Approvals Dive as Investor Logic Disappears
The decline in dwelling approvals in April comes before the latest interest rate rise and is a further sign that recovery in the investor-driven sector of the market is a long way off, according to Master Builders Australia the peak body for the building and construction industry.

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Construction Mixed Bag - Commercial and Engineering Strength as Housing Weakens Further
Total construction activity rose fractionally in the March quarter, with solid non-residential construction sector offsetting a further decline in residential building work done, according to Master Builders Australia, the peak body for the building and construction industry.

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