Housing Recovery Running Out of Steam
The Housing Industry Association, Australia’s largest building industry organisation, said that building approvals fell by 3.3 per cent in February 2010. The much needed housing recovery felt, for the second month in a row, the impact of a large drop (12.3 per cent) in units and semi-detached “Other dwelling” approvals. The “Other dwelling” segment is already down 27 per cent on December 2009 figures.
HIA Welcomes Governments Announcement on Housing Affordability Fund
The Housing Industry Association (HIA), Australia’s largest building industry organisation, welcomes the announcement by the Prime Minister and the Minister for Housing of $50 million for more affordable homes.
Master Builders Welcomes Funding for Additional Training Places
Master Builders Australia, the peak body for the building and construction industry, today welcomed the announcement by the Deputy Prime Minister and Minister for Education, The Hon Julia Gillard MP, for the further expansion of training under the Government’s Enterprise Based Productivity Places (EBPPP) training program.
Approvals Wane as Stimulus Fades
A second consecutive fall in dwelling approvals and another big fall in non-residential building approvals in February mark the end of the big upswing in approvals caused by the Government’s stimulus initiatives, according to Master Builders Australia, the peak body for the building and construction industry.
Building energy efficiency disclosure a step in the right direction
The nation's leading green building group supports the introduction of the Building Energy Efficiency Disclosure Bill, which is currently being debated in federal Parliament.
1 Bligh Street achieves world leadership 6 Star Green Star
1 Bligh Street achieves world leadership 6 Star Green Star and highest rating in Sydney
Poor building approvals can slow rate rise: economists
Unexpectedly large falls in retail sales and building approvals in February could save borrowers from an interest rate rise next week, economists say.
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