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August 2005 News Article
31 August New dwelling approvals down
Dwelling approvals fell 8.9 per cent in July, according to Australian Bureau of Statistics figures released today (Aug 31).
31 August Water rates to rise, Opposition suggests
Canberrans will soon face increased water charges following revelations that ACTEW expects to recover from earning lows when water restrictions apparently end from 2006-07 onwards, according to Opposition spokeswoman for water, Vicki Dunne.
30 August 80 per cent of landlords not insured
More than 80 per cent of Australian landlords are not insured, according to a provider of landlord insurance.
30 August Burglaries down in Illawarra
HOME burglaries in the Illawarra have fallen by more than 25 per cent in the past financial year.
29 August Home prices up in smaller states
The number of new dwellings sold rose in Queensland, up 7.5 per cent, South Australia up 17.4 per cent and Western Australia up 10.5 per cent, according to the latest Housing Industry Association figures.
26 August Wollongong prices tumble
HOUSE prices in Wollongong have fallen three times faster than the rest of NSW over the past year, it was reported today (Aug 25).
26 August Property buyers, renters flock to internet
Buyers and renters are flocking to the internet. Allhomes.com.au set another record this week, breaking the mark of five million pages viewed in a week.
24 August Environmental house design system will add to costs
The ACT Government is looking at a new environmental house design system which will add about $20,000 to the cost of a new home, according to the Housing Industry Association.
23 August Record internet property viewing at allhomes.com.au
A record 831,617 pages were viewed on allhomes.com.au yesterday (22 Aug).
22 August Planning delays condemned
Planning delays for renovators and medium-density developers were condemned by the ACT Opposition today (Aug 23).
22 August Govt ‘fails on affordability’
The ACT Government needed to do more on affordable housing because the demand for public housing is increasing and private landlords are being squeezed, according to Opposition spokeswoman on housing, Jacqui Burke.
21 August Property tax revenue falls
Predictions that state and territory Governments were foolish to rely so much on property taxes are now coming true.
21 August Falling prices will not help affordability: HIA
Predictions that falling house prices would rectify the housing affordability gap were described today (Aug 22) as “fatuous and naive”.
18 August Seven storey residential block for Deakin
A seven-storey residential block will be built on the site of the Deakin Embassy Motel after Planning Minister Simon Corbell rejected the recommendations of the Assembly Planning and Environment Committee and approved a change to the...
16 August Housing warning from Sydney Lord Mayor
Cutting economic growth in Sydney is not the best way to address housing affordability, according to Sydney Lord Mayor Clover Moore.
12 August Reserve Bank happy with housing price changes
The slump in consumption following falls in house values has not concerned the Reserve Bank, the governor of the bank, Ian Macfarlane, told the House of Representatives Standing Committee on Economics, Finance and Public Administration today...
9 August Rates fear over, prices down – it’s buying time
The Reserve Bank has removed any chance of an interest rate rise this year and has recorded a slump in price, so it is a buyer’s market, analysts were reported as saying today (August 9).
9 August 500 new Defence homes in Canberra region
Defence Housing is to build 500 new residences in the Canberra region in the lead up to the homes $300 million Defence Headquarters, due to open at Bungendore in 2008.
8 August Many landlords not protected
Thirty-five per cent of investors admit they do not have specific landlord’s insurance policies for their tenanted properties, according to a survey released today (Aug 8).
4 August Group pleas for more affordable housing
Commonwealth, State and local governments should work much harder at improving housing affordability, according to a coalition of the Housing Industry Association, Australian Council of Social Service, Australian Council of Trade Unions and National Housing Alliance.
3 August Interest rates stay on hold
The Reserve Bank today (Aug 3) announced it would leave interest rates on hold – for the fifth consecutive month.
2 August ACT worst performing on development applications: architects
The ACT performed worst with development applications, according to a national survey released today (Aug 2).
2 August Vendor stamp duty scrapped in NSW
The vendor stamp duty in NSW has been abolished from today (Aug 2).
1 August Coastal properties do best in NSW
Coastal properties had had the biggest percentage gain in the latest property boom, according to Valuer-General figures delivered with NSW rates notices this week (week ends Aug 7).
1 August New garbage plan in Eurobodalla, but rates go up
Eurobodalla shire is to abandon its crate recycling system in favour of the Canberra-style big bin recycling, according to notices going out this week (week ends Aug 6).