Skilled Trade Shortages Re-Emerge
The latest Housing Industry Association-Austral Bricks Trades Report shows that a surplus availability of tradespeople in the residential sector was a one quarter wonder, reversing in the September 2009 quarter.
HIA urges employers to invest and employ locally
The building industry is urging employers to not only Buy Locally but to Invest & Employ Locally and consider taking up an apprentice under the new Apprentice Kickstart allowance.
Rate Hike Will Weigh On Housing Recovery
“The third consecutive monthly increase in the ‘official’ cash rate will harm the chances of a strong home building recovery, which is essential to moderate existing house price and rent pressures across Australia,” said Dr Harley Dale, HIA Chief Economist.
Weak Update for Building Approvals
The Housing Industry Association, Australia’s largest building industry organisation, said that building approvals fell slightly in October in a further sign that the new home building recovery may lack the scale required to plug Australia’s housing shortage.
Raising Rates: RBA's Risky Strategy
Australia’s peak building and construction industry association, Master Builders Australia, warned of risks to the building and construction industry arising from today’s decision by the Reserve Bank of Australia to raise the official cash rate by one quarter of a percentage point, the third consecutive monthly increase since rates bottomed at 3 per cent earlier in the year.
Developer Charges Threat to Housing Affordability
Master Builders Australia, the peak body for the building and construction industry, today called on all levels of government to urgently redress the damaging outcomes from current inequitable developer charges policies before housing affordability once again becomes a front page story.
Mixed Bag of Approvals Data
ABS approvals data for October were mixed, with another slide in units and townhouses offsetting a solid increase in house approvals, according to Master Builders Australia, the peak body for the building and construction industry.
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