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Data will show Australia is ‘well under’ housing target

AUSTRALIA continues to fall further behind on its ambitious target to build 1.2 million new homes in five years, fresh data will show. In an otherwise economic data-light week, building activity figures will be released by the Australian Bureau of Statistics on Wednesday. Although sentiment in the property market has taken a dive following three rate hikes, rising unaffordability constraints and changes to investor tax breaks, construction is expected to keep strengthening. Construction started on more than 53,000 homes in the December quarter, up eight per cent on the previous quart

Freefall: home prices notch biggest drop in years

Housing market is ‘undergoing broad-based weakening’

Industry heavyweights tell govt ‘new housing supply is king’

Clearance rates across the country failing to hit high notes

Aussies face ‘poverty premiums’ on insurance payments

Super funds bucking the trend, deliver big returns

Subdivision reform could trigger backyard boom

TEN of Australia’s richest state’s homeowners could soon be able to subdivide their land and sell off their backyards under reforms aimed at tackling the housing supply crisis.

We can’t beat the heat with air-con alone

AIR-CONDITIONING units flying off shelves worry Australian urban heat expert Mat Santamouris. With 10 systems purchased every second worldwide, the University of NSW professor fears the

MINING giant BHP will invest $30 million to help build more homes in remote communities in Western Australia’s Pilbara region. It will form part of the WA Government’s $45 mi

Simplying the system a big plus for WA housing

MOVES to introduce a “simpler, more responsive and efficient” planning system have been welcomed by a peak housing body. The Housing Industry Association (HIA) has welcomed t