
New Home Sales End Fy On Soft Note
New home sales eased in June and were down sharply over the financial year.
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500 Million ALP Pledge For More Affordable Homes
HIA has welcomed federal Labor's commitment to tackle housing affordability through a $500 million residential infrastructure support initiative. The announcement closely resembles HIA's proposal for a Residential Infrastructure Fund.
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Weakness In Approvals Persists Building approvals increased in June mainly due to the highly volatile apartment sector.
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Building Trade Availability Still In The Red
Despite
an easing in new home and renovation activity, the availability of key home building and renovation trades remains stuck in the red
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Jump in Apartment Approvals Masks Stagnation
The rise in dwelling approvals in June reflects volatility in the high rise apartment sector and should not be interpreted as a sign of strengthening activity, according to Master Builders Australia, the peak body for the building and construction industry.
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Construction cheaper without union intimidation
Commercial construction costs are down and economic growth is up thanks to workplace reforms and the government's industry regulator, News Limited and Fairfax newspapers report.
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Building industry goes on suffering from skills shortage
Australia's peak building industry body says the building trade is suffering from a severe skills shortage that if left unchecked could even jeopardise the chances of a future recovery in the sector.
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