|March 2004||News Article|
Deposit greatest barrier, study shows
Inability to save for a deposit was a major barrier to home ownership according to 60 per cent of potential first home buyers surveyed by the Commonwealth Bank.
No property market collapse: BIS Shrapnel
It said today (March 30) that the fears of a property collapse and a subsequent debt crisis were wrong and were obscuring the nation's positive economic outlook.
Housing construction gently easing
Housing construction is slowing easing, according to figures published today (March 30) by the Australian Bureau of Statistics
Adaptable housing on display
The first of several adaptable/accessible houses to be built by the Master Builders Association (MBA) in partnership with the ACT Government was opened today (Mar 26) in Lovely Place, Dunlop, by Disability, Housing and Community Services...
Axe duties now GST revenue is high, REI says
With Commonwealth-State tax arrangements on the agenda again at this Friday’s meeting of Commonwealth and State/Territory Treasurers, it’s time to tidy up unfinished business, according to Real Estate Institute of Australia (REIA) President Kareena Ballard.
Rising interest rates blamed for decrease in home-loan affordability
Home loan affordability decreased across Australia during the December 2003 quarter to the lowest level recorded since the June 1995 quarter, according to the AMP Banking/REIA Home Loan Affordability Indicator (HLAI) released today (Mar 18).
Housing finance off the boil
A large fall in finance for investment housing and a moderate fall for owner occupation were reported by the Australian Bureau of Statistics today (mar 16).
Second Hand Sunday is on again
Canberrans looking to clean out the garage or get something for nothing have the perfect opportunity this weekend -- Second Hand Sunday is on again.
Housing affordability hits record low
Housing affordability for first-home buyers fell 8.4 per cent, reaching a record low in the December quarter of 2003, according to a report released today (mar 11) by the Commonwealth Bank and the Housing Industry Association.
Mixed-use Civic site for auction
Block 16 in section 61 of the City, near the Australian National University, will go to auction on April 28.
New licensing and penalty regime for building industry
A new licensing and demerit system that paves the way for a much more integrated and efficient regime for the licensing of builders, electricians, plumbers, drainers, gasfitters, building surveyors and plumbing plan certifiers was introduced into...
4000 new dwellings for inner south
A new housing precinct for 4000 dwellings between the Jerrabomberra wetlands, Kingston and east Fyshwick is revealed in the final version of the Canberra Spatial Plan launched today (mar 5).
Established house prices continue to surge
The price of established houses continues to soar, according to today’s (mar 4) Australian Bureau of Statistics figures.
Interest rates on hold for now
Interest rates will remain on hold, the Reserve Bank announced today (Mar 3).
Bank warns investors to look at rent income
Sound fundamentals, including low unemployment and a healthy economy, will buoy Australia’s property markets over the next three years, according to Westpac’s latest Outlook for Australian Property Markets.