Interest Rates Bites Into New Home Lending
Home lending figures for the purchase of new dwellings for January 2008 were down 4.9 per cent on the previous period, a fall for the seventh consecutive period. Total finance for the number of owner occupied dwellings also remained flat for the period reflecting market concerns of interest rate rates.
Housing Finance Up Before Rates HIt
Housing finance approvals for owner occupied housing increased in January, but the market is yet to suffer the effects of the latest series of interest rate rises, according to peak building and construction industry organisation Master Builders Australia.
Analysis - Signs of life still in building despite rate hikes
Private survey figures confirm the there is still life in the building industry.
Sluggish housing sector belies strong construction
A sluggish trend in residential building approvals belies the much steeper trend in construction activity.
Unlawful Building Practitioners Face Record Fines
Victorian courts handed down record fines to unlawful building practitioners last financial year, newly published data confirms
Building sector unlocks potential for greenhouse gas reduction
A ‘white certificate’ energy trading system and the financing of energy efficiency improvements by energy retailers are among seven industry policies to unlock the greenhouse gas abatement potential in the building sector, being announced this afternoon.
SYDNEY MASTER WINS NATION’S TOP ARCHITECTURE AWARD
The creator and/or architectural protector of some of the nation’s most important and iconic cultural buildings and spaces has been awarded Australia’s top national architecture prize - the 2008 Royal Australian Institute of Architects (RAIA) Gold Medal for Architecture.
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