|February 2004||News Article|
Home ownership the key for ageing Australians: REIA
The question of home ownership was as important as superannuation and workplace reform in dealing with the ageing population, according to the Real Estate Institute of Australia.
Construction continues to rise
Residential construction in the December quarter was the second highest on record.
Planning disputes settled better: Govt
Planning disputes are being settled quicker and more cheaply than the old system, according to the ACT Minister for Planning Simon Corbell.
Building regulations under study
The Federal Industry Minister, Ian Macfarlane, and Parliamentary Secretary to the Treasurer, Ross Cameron, announced the study today (Feb 17).
Renovators watch out: architects
Many renovators had not factored in interest rate rises or cost blow-outs caused by variations in their renovation planning, Archicentre, the building advisory service of the Royal Australian Institute of Architects, warned today (Feb 17)
More signs housing boom is over
The total value of owner-occupied housing commitments has decreased by 2.5% (seasonally adjusted) in December 2003, according to figures released to day by the Australian Bureau of Statistics. The trend series decreased by 0.7%.
More money to replace wood heaters
The ACT Government has allocated a further $25,000 to replacing wood heating.
Gungahlin connection opened
The $10 million Horse Park Drive Extension from Gundaroo Drive to the Federal Highway was opened to day by Chief Minister Jon Stanhope.
National housing strategy needed: REIA
The Federal Government should appoint a Minister for Housing and develop a national strategy to make housing more affordable, according to the Real Estate Institute of Australia.
Protection for houses
Four of Canberra's first Government designed and built houses have been put on the Heritage Register to protect them from neighbouring overdevelopment.
Govt enters private housing market
The ACT Government is to lease 50 houses in the private rental market to help with urgent public housing needs.
Interest rates to go up, Reserve Bank hints
A strong global market, a strong Australian economy and the end of the drought point to high interest rates in the future, despite and the increasing value of the Australian dollar, inflation being well under control...
New park for Canberra
Construction began today of a $3.48m park on the Kingston foreshore.
Interest rates stay put
Interest rates will stay put, at least for the next month, the Reserve Bank Board announced today (Feb 4).
Housing approvals fall for third month
Dwelling approvals have fallen for the third consecutive month, according to Australian Bureau of Statistics figures released today (Feb 3).