|May 2004||News Article|
New consultative planning body
A new body, the Planning and Development Forum, has been announced by the Minister Planning, Simon Corbell.
Construction still running high nationally, but down in ACT
But residential construction fell in the ACT – the fourth consecutive quarterly fall, according to Australian Bureau of Statistics figures issued today (May 26).
More than one in 10 invest in housing
More than 10 per cent of households own an investment residential property, according to a Reserve Bank assessment made public yesterday (May 20).
Mixed-use development for Tuggeranong town centre
A development application has gone in for a new development at Tuggeranong town centre comprising 161 residential units and 1500 sq m of office space.
More signs housing off the boil
The number of housing finance commitments for owner occupied housing decreased by 1.2% in March 2004, driven primarily by the decrease in refinancing of established dwellings (down 1.9%), according to figures released by the Australian Bureau...
Affordability ‘off Budget agenda’
No action has been taken in the Budget to address housing affordability, one of the major problems facing Australians today, according to the president of the Real Estate Institute of Australia, Kareena Ballard.
Task Force to drive Civic revitalisation
A Task Force is being set up which will identify strategies to revitalise Civic, ACT Planning Minister Simon Corbell announced today (May 10).
$35m Gungahlin Town Centre project approved
A $35 million project for the Gungahlin Town Centre has been given the go ahead today (May 7) with the approval of the development application for the proposed Big W complex.
Offices, units for Civic
The ACT Government is preparing for sale approximately 85,000 sq m of commercial space in Civic over the next three years.
Interest rates stay on hold
The cash interest rate will stay at 5.25, the Reserve Bank announced today (May 5).
Dwelling approvals fall
Approvals for construction for units fell again in March, but approvals for houses rose, according to figures issued by the Australian Bureau of Statistics today (May 5).
Small price fall, first since March 2001
The Melbourne median house price fell 0.8 per cent, down from $371,000 to $368,000, for the March quarter 2004.