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Interest rate cuts boost building approvals
“Two cuts to the cash rate have seen the volume of detached house building approvals rise to be 3.2 per cent higher than the same month last year,” stated HIA Senior Economist Tom Devitt.
Huge task ahead to achieve 30,000 homes by 2030
“Building approvals data released today highlights the magnitude of the task ahead if we are to achieve the Government’s target of building 30,000 homes in the ACT over the next five years,” said Geordan Murray, acting HIA Executive Director ACT and Southern NSW.
$10,000 incentive for home building apprentices provides a timely boost
“Today marks the beginning of the Key Apprentice Program which will provide new commencing apprentices working in residential building trades with financial incentives totalling $10,000,” said Steven Wojtkiw, HIA Deputy Executive Director, Victoria.
Updated guidance on Certificate of Occupancy: what you need to know
The Housing Industry Association (HIA) advises members of the updated requirements and guidance regarding the issuing of Certificates of Occupancy (CoO) under Section 152 of the Planning, Development and Infrastructure Act 2016 for Class 1a buildings.