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January 2005 News Article
31 January No crash in sight for housing: HIA’s latest forecast
The housing sector enjoyed a very strong three years but is now set to take a breather until 2007, according to the Housing Industry Association.
28 January More tradespeople available for lower rates: HIA
Pressure on Australia’s pool of construction tradespeople appears to be easing, however trade rates for independent subcontractors remain historically high.
25 January Sprinkler use eased for rest of summer
The general exemption to water restrictions for the once-weekly use of sprinklers and automatic watering systems will continue in the ACT and Queanbeyan until 27 February 2004, Chief Minister Jon Stanhope announced today (Jan 24).
25 January Higher inflation does not worry Treasurer on interest rates
Inflation rose slightly more than expected last month, according to figures released by the Australian Bureau of Statistics today (Jan 24).
24 January Bovis Lend Lease gets library contract
Bovis Lend Lease Pty Ltd has been selected to construct the new Civic Library and Link building in Civic Square.
24 January Inquiry into independent contractors
An inquiry into independent contracting and labour hire was announced today (Jan 24) by the House of Representatives.
23 January Bigger houses, fewer occupants, higher prices
The housing boom was largely a product of bigger houses with fewer people living in them, according the latest Australian Year Book.
21 January Foreigners keen on Australian real estate
Foreign investment in Australian real estate increased from $21.9 billion in 2002-03 to $28.7 billion in 2003-04, according to the 2003-04 annual report of the Foreign Investment Review Board, released this month.
21 January Residential building stabilises, ABS figures show
Residential building activity stabilised in the third quarter of 2004, adding slightly to the already record pipeline of work yet to be done.
20 January More offices planned for Gungahlin
The Land Development Agency is seeking expressions of interest in joint ventures to build commercial office/mixed-use space in Gungahlin Town Centre and other sites across Canberra, Planning Minister Simon Corbell announced today (Jan 19).
20 January Property Council welcomes talk of tax cuts
The Property Council has welcomed news that Dr Andrew Refshauge will be appointed as the new NSW Treasurer saying this move paves the way for tax reform and renewed investment in infrastructure.
18 January Housing prices to stabilise in ACT in 2005, agents say
The housing market in Canberra has had a soft landing and prices are expected to stabilise in 2005, according to several major real-estate agents reported today (Jan 18).
17 January Housing lending up: ABS figures
The value of investment housing lending went up 8.1 per cent between October and November 2004, according to Australian Bureau of Statistics figures released today (Jan 17).
17 January $5000 added to building costs in fire areas
All houses built within the first 100m of the housing zone on the edge of the city will have to meet new bushfire requirements, according got requirements published today (Jan 17).
14 January You may be asked what you spend your mortgage on
The Reserve Bank of Australia has commissioned a survey of Australian households to improve its understanding of household borrowing and spending decisions.
14 January Treasurer rules out land-tax relief
ACT Treasurer Ted Quinlan has ruled out changes to the land-tax regime.
12 January Real estate advertising first in Sydney
A new form of real-estate sign board has sprung up in Sydney.
7 January Building approvals down slightly
The total number of building approvals has fallen slightly over November according to figures released today (7 Jan) by the Australian Bureau of Statistics.
6 January Strong end of year for new home sales: HIA
Figures released by the Housing Industry Association today (Jan 6) showed a rise in new home sales in the final months of 2004.
5 January Multi-million dollar upgrade for Aranda shops
The ACT Planning and Land Authority has received an application to build new shops and apartments in Aranda.
4 January No more time for delay with housing redevelopments: Burke
ACT Opposition housing spokesperson Jacqui Burke said on Friday (Dec 31) that an announcement of shortlisted firms for public housing redevelopments was a “media stunt” by the Government.