Bounce in approvals but action needed on housing affordability
A bounceback in dwelling approvals in October is welcome but government action is needed to remove supply-side impediments that will otherwise have dire consequences for housing affordability, according to Master Builders Australia, the peak body for the building and construction industry.

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  Sole traders and partnerships will move to the modern awards from 1 January 2011
From 1 January 2011 unincorporated businesses (i.e. sole traders andpartnerships) in Queensland, New South Wales, Tasmania and SouthAustralia will become part of the national modern award system*.

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  Apprentice Numbers Down In Key States
A report released by NCVER today confirms the message that HIA members have been enphasising for some time that apprentice numbers in the industry have been in decline in a number of key states.

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  Housing Detracts From GDP Growth

Today’s National Accounts figures show that expenditure on new housing, and on alterations and additions, fell in the September quarter of 2010, said the Housing Industry Association, the voice of Australia’s residential building industry.

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  RBA says the boom should be used to increase savings
The commodities boom should be used to increase national saving and the focus on boosting productivity should not be lost, ...

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  More water-saving devices in high-income households

In 2009, Perth households with incomes over $110,000 a year were most likely to have dual-flush toilets, low flow showers and front loading washing machines, according to the Australian Bureau of Statistics.

 


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  Australian economic growth slows

Latest ABS figures show that GDP, in seasonally adjusted volume terms, grew 0.2% in the September quarter 2010, after growing 1.1% in the June quarter.



 

 


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