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“The cycle of ongoing growth in new home sales was broken in July, with a 6.4 per cent fall compared to June,” stated HIA Senior Economist, Maurice Tapang.
“If the Economic Reform Roundtable is serious about developing meaningful and lasting change to boost productivity and the economy, then the number one priority must be on cutting the excessive regulation that is crippling businesses,” said HIA Managing Director, Jocelyn Martin.
“Investors were responsible for 41 per cent of new homes financed for construction in the past year,” stated HIA’s Chief Economist, Tim Reardon.
“The RBA delivered the third rate cut of this easing cycle, bringing their benchmark cash rate down from 3.85 per cent to 3.6 per cent,” stated HIA Senior Economist Tom Devitt.
The housing industry and home owners are set to benefit from the Federal government’s budget. There will be an increase in placements for the Home Guarantee Scheme and extensions to the Indigenous Home Ownership Scheme and apprentice commencements.
Now that the NatHERS 7-Star requirement is well underway in New South Wales, what have we learned so far?
A series of workshops or seminars that offer an in-depth look at industry and policy changes that could impact on your business and how HIA can help you.
Hear the latest economic forecasts and trends to help you make better business decisions, featuring key presenters from HIA’s Economics Team as well as guest speakers.
You’re invited to connect with other women in the building industry and gain valuable insights from a uniquely experienced leader at the next HIA Building Women lunch!