GENERAL NEWS
JUST three months out from the National Housing Accord and Housing Australia Future Fund kicking off, Australian Bureau of Statistics data shows that high-density housing approvals have...
Total dwelling approvals slipped 1.9% over February to 12,520 and are now 5.8% lower year-on-year, on the back of a 24.9% monthly fall in apartment and townhouse approvals to...
Daniel Rossi, ABS head of construction statistics said the February figure was driven by a fall in the number of approved large apartment projects...
Dwindling supply is exacerbating the national housing crisis, which has seen rental vacancies crunched to record lows as rents surge, while house prices are...
“For us to achieve this calibre of housing output, approvals would need to increase by 48% on current levels,” Master Builders Australia chief economist Shane Garrett...
Master Builders CEO Denita Wawn said, “Despite the community’s high demand for more housing, especially higher density rentals, there is a mismatch in the...
“When it comes to signing new contracts, the pen is not making it to paper as the investment does not stack up.”...
“Resolving supply constraints should be the focus of all political parties in fixing our housing crisis. Until they are addressed, Australians will continue to struggle with...
Wawn said the biggest handbrake on delivery of homes currently is the high costs associated with labour shortages. BuildSkills Australia has estimated that the...
Over the year to September, the number of new apprentices starting in the building and construction industry plummeted by 25%, according to...
Last month, Property Council of Australia CEO Mike Zorbas used his address to the National Press Club to attribute the national housing crisis to...
On the same day, the Greens have proposed a $28 billion public developer that they say would compete with private companies and deliver hundreds of thousands of new homes.