We're expecting the Government to take action
17
Feb
Real Estate Institute of Australia (REIA) president, Ms Pamela Bennett says REIA's pre-budget submission, lodged today, focuses on two very important issues for the housing market: housing affordability and inefficient property taxes. REIA is calling on the Commonwealth Government… Read More »
GDP Result Highlights Two-Speed Economy Problem
07
Dec
Today’s National Accounts figures highlight the divergent fortunes of the resources and non-resources sectors of the Australian economy, said the Housing Industry Association, the voice of Australia’s residential building industry. “Today’s GDP result of 1.0 per cent growth for… Read More »
Rate cut will encourage first home buyers
06
Dec
The Reserve Bank's decision to decrease rates by a total of 0.5 per cent in November and December is positive news for mortgage holders in the lead-up to Christmas. "A second rate cut will assist those who are struggling… Read More »
Housing market remained soft prior to RBA rate cut
30
Nov
RP Data – Rismark Home Value Index Release In raw terms, capital city home values declined by -0.2% in October (-0.5% seasonally adjusted) prior to the RBA’s decision to cut interest rates. On a raw and seasonally-adjusted basis, the decline… Read More »
Itâ??s time for an interest rate cut
27
Oct
The latest Consumer Price Index (CPI) figures show that the Reserve Bank of Australia’s (RBA) consumer price measures of inflation are slowing down. The analytical series of trimmed mean and weighted median both increased by 0.3 per cent for the… Read More »
Inflation Figures Allow for Rate Cut
26
Oct
The consumer price index for the September 2011 quarter confirms that in recent quarters the RBA has been judging monetary policy on the basis of overstated inflation figures and also leaves the path clear for an immediate rate cut, says… Read More »
First home buyers: Canada has the answer
14
Oct
A proposal suggested by the Real Estate Institute of Australia (REIA) to address housing affordability is already assisting first time buyers in Canada. So, what are we waiting for? “With the number of first home buyers participating in the housing… Read More »
Top 100 Results Highlight Tough Home Builder Conditions
12
Oct
Melbourne-based Metricon Homes was Australia’s largest builder in 2010/11 according to the latest HIA-COLORBOND® steel Housing 100 Report. The report, which ranks the nation’s largest 100 residential builders based on the number of homes started each year, revealed that starts… Read More »
Rates on Hold, but Cuts Required, says HIA
04
Oct
In a move that was widely anticipated, the Reserve Bank Board decided to keep interest rates on hold in October, marking the tenth consecutive meeting when a decision was taken to hold rates steady. The Housing Industry Association (HIA), the… Read More »
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