Category: australian housing

Australian Political Parties Asked to Prioritise Housing at the May Federal Election

March 13, 2022
Australiaaustralian housingAustralian political partiesHousing Industry AssociationWorld
0 Comment

The Australian housing sector is calling on political parties to make home-ownership a priority in their agenda if they win the upcoming federal election in May. The Housing Industry Association (HIA), a peak body representing members working in the residential building industry across Australia, said its research suggested that three in four Australians believed people…

Read More

Australian Housing Approvals Plunged Over a Quarter During Omicron Outbreak

March 6, 2022
Australiaaustralian housingAustralian Industry GroupTreasurer Josh FrydenbergWorld
0 Comment

Homebuilding approvals across Australia plummeted in January 2022 due to a higher level of absenteeism and a slower administration process caused by the adverse effects of the COVID-19 Omicron variant. More specifically, both private sector houses and the more unstable “other dwellings” category witnessed a sharp fall in the number of approvals in January. According…

Read More

Australian Construction Activity Across Summer Suppressed by Omicron

February 2, 2022
AustraliaAustralian Bureau of Statisticsaustralian housingAustralian Industry GroupReserve Bank of AustraliaWorld
0 Comment

The disruptions from Omicron caused a contraction in the construction industry during the summer holidays, reversing the November recovery, according to the Australian Performance of Construction Index. The index fell 11.1 points to 45.9 in December and January, where readings below 50 indicate a contraction in activity, with lower results meaning a faster contraction. The…

Read More

Australia Experiencing a Housing Crisis, Needs Social Housing Fund: Think Tank

November 29, 2021
Affordable HousingAustraliaaustralian housingaustralian property marketaustralian rental marketmichael sukkarsocial housingWorld
0 Comment

The Grattan Institute has said in their latest report that Australia is experiencing a housing crisis, where citizens are now spending a greater proportion of their income on housing than in the past. The think tank called on the federal government to create a Social Housing Future Fund to finance new social housing stock, which…

Read More