|October 2003||News Article|
HIA plan adds to rates, but cuts new-home cost by $8000
The peak building industry group in the ACT, HIA, has launched a plan to slash the cost of a new home in Canberra by more than $8,000.
HIA attacks state taxes
State taxes added $45,000 to the cost of new home in Sydney according to the Housing Industry Association.
Reaching for the stars
The ACT is to add a sixth star to the energy-rating system to recognise high-performance homes.
REI warns on pressure marketeering
High pressure tactics used by some marketeers to encourage investors to pay inflated prices for home units and apartments is unacceptable, the Real Estate Institute of Australia warned today (Oct 27)
ACT new building down in value up in numbers
The number of new dwellings begun in Canberra increased by 8.2 per cent in the June quarter and was up 15 per on the same time the previous year.
Neighbourhood Planning starts in seven southside suburbs
Households in seven ACT suburbs have been sent a survey and newsletter to begin developing the next Neighbourhood Plans on the southside of Canberra.
CPI shows housing taxes zooming
The Consumer Price Index figures issued todayu show that housing taxes had greater rises than any other group of items in the index.
Auction rate falling in Sydney, but other markets hold
The auction clearance rates is falling in Sydney, following a recent levelling of the unit market, but nationwide auction and sales are holding up.
Interest rates ‘to rise before Christmas’
Interest rates will rise before Christmas, according to the National Australia Bank.
Opposition slams planning delays
The ACT Opposition has expressed frustration at planning delays in Canberra.
High Court warns buyers to settle on time
One buyer lost $920,000 and another lost $50,000 after failing to complete real estate contracts on time following a judgment by the High Court today (Oct 7).
Interest rates stay on hold for 16th consecutive month
The Reserve Bank Board announced today (Oct 8) that interest rates would stay put.