Free Fixed Rate Borrowers
The Housing Industry Association, Australia's largest building industry association, says that Australian banks should do more to assist small business and those on very high fixed rate mortgages.
New Home Lending On the Up
Housing loans increased for the fifth consecutive month in February 2009 thanks to a rise in lending for new dwellings, said the Housing Industry Association, Australia’s largest building industry association.
Further Rate Cut Warranted and Timely
Master Builders Australia, the peak body for the building and construction industry association, today welcomed the Reserve Bank’s decision to reduce official rates by one quarter of a percentage point, particularly in the light of the bleak conditions forecast for the building and construction industry in terms of falling activity and employment levels.
Loans for New Dwellings Up As Stimulus Bears Fruit
Loans for the construction and purchase of new dwellings moved higher in February, providing more evidence that Government stimulus measures are working to spark a recovery, according to peak building and construction industry organisation Master Builders Australia.
Review of Green Star sustainable timber credit
The chief executives of the Green Building Council of Australia, Romilly Madew and Australian Forestry Standard Limited, Kayt Watts, today released a joint statement regarding the review of the Green Star Mat-8 'Sustainable Timber' credit.
Victorian building industry eases
Victoria’s building industry has experienced a reduction in the value of building permits issued in the 2008-09 financial year-to-february compared to the same period in the 2007-08 financial year, according to figures released today.
Construction Recovery Needs Private Capital to Replace Pump Priming
More than 75,000 construction jobs could be lost due to a sharp fall in building activity, according to the latest forecasts from the Australian Construction Industry Forum’s Construction Forecasting Council (CFC).
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