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October 2005 News Article
31 October Plans for 20,000 homes on display
Plans for 20,000 homes in the Molonglo Valley went on display today (Oct 31) at public libraries, Cooleman Court and Kippax Shops.
31 October Sale of new homes loses momentum
New home sales dipped in September.
28 October Trades hard to get and costly
The price is high and availability for the building trades, according to the latest Housing Industry Association- Austral Bricks report released today (Oct 28).
28 October ACT new land unnecessarily expensive: Libs
New land in the ACT is unnecessarily expensive, according to the Opposition spokesman on planning, Zed Seselja.
28 October Water restrictions over in the ACT from Nov 1
Water restrictions in the ACT will end on November 1, Chief Minister and Environment Minister Jon Stanhope annoucned today (Oct 28).
26 October Rate fears as inflation rises
Annualised inflation in the September quarter hit 3 per cent, the upper limit of the Reserve Bank’s target, prompting some fears that interest rates might rise later this year or early next year.
25 October New paint will cut energy bills
Australia’s first house painted with EccoTherm paint which reduces energy bills by between 17 per cent and 25 per cent will be open to the public tomorrow (Oct 26).
24 October Canberra most expensive to rent
Canberra is Australia’s most expensive city for renters.
21 October $6bn from housing goes on fun
Australian households extracted $6 billion worth of funds from increased housing values last year and spent it on fun.
21 October Home and leisure show this weekend
The annual Home and Leisure Show is on at Exhibition Park in Canberra this weekend (Oct 21-23).
20 October ACT land valuations queried
The ACT land valuation system should be changed because it was throwing up too many errors, according to the ACT Liberal Party.
20 October ACT seeks developer for 500 dwellings
The ACT Land Development Agency called today (Oct 20) for a development partner in a 500-dwelling $250 million residential project in Woden.
18 October New first homebuyers loan launched
A new loan with a lower interest rate and more relaxed deposit requirements to make it easier for first homebuyers was launched today (Oct 18).
14 October New building work goes up
New residential building commencements rose 6.1 per cent in the June quarter, according to Australian Bureau of Statistics figures released today (Oct 14).
13 October Axe negative gearing and raise capital gains tax: report
Negative gearing on property should be axed and capital gains tax raised to discourage speculation in housing, according to a report out today (Oct 13).
12 October NSW rental crisis looms; planning blamed
NSW councils have been urged to speed up approvals for new apartments as NSW, and Sydney in particular, is caught in the grip of a looming rental crisis.
10 October Housing construction lending rises slightly
Lending for new homes rose slightly, according to figures released today (Oct 10) by the Australian Bureau of Statistics.
9 October Householders warned about BBQ danger
The dangers of barbecues was highlighted this weekend (Oct 9) when a man suffered burns to his face and arms when gas exploded as he was trying to light barbecue at his Southern Highlands home.
6 October NSW land-values system condemned
Every NSW property should be revalued for rates and land tax purposes, according to the NSW Ombudsman, Bruce Barbour.
5 October Interest rates on hold – at least for now
Interest rates were left on hold for the seventh month in a row, the Reserve Bank announced today (Oct 5).
5 October Housing approvals at lowest for nearly five years
Dwelling approvals are at their lowest level since April 2001, according to Australian Bureau of Statistics figures released today (Oct 5).
4 October Reverse mortgage to give older Australians extra income
A new “reverse” mortgage for older Australians was launched today (Oct 4).