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February 2005 News Article
28 February Ombudsman looks at land tax valuations
The NSW Ombudsman’s office is investigating the valuations upon which NSW land tax is based.
28 February New home sales down to lowest in four years
New home sales fell 4.5 per cent to 7,683 over January, the lowest level in over four years, according to the Housing Industry Association’s monthly data released today (Feb 28).
25 February ACT planning system condemned
The ACT’s planning regime is an abject failure, according to the Opposition spokesman on planning, Zed Seselja.
25 February REI warns on interest rates
The Real Estate Industry Association called on the Reserve Bank today (Feb 25) not to raise interest rates.
21 February Residential tenancies amendments proposed
ACT Chief Minister Jon Stanhope proposed legislation today (Feb 21) to regulate tenancy databases and provide protection to tenants who have had personal information listed on a tenancy database.
19 February Consistent property laws a must: REIA
The Real Estate Institute of Australia has renewed its calls for nationally consistent property legislation following ASIC chairman Jeff Lacy’s comments on the issue to the Senate Economics Legislation Committee yesterday (17 Feb).
17 February Protection for small business welcome: HIA
Australia's peak housing industry body said today (17 Feb) it was pleased the ammendments to the Trade Practices Act will protect the housing industry.
15 February Rise in overall housing lending but fall in ACT, NSW says HIA
Residential investment lending in Australia increased during December last year but it is still significantly lower than in 2003, the Housing Industry Association said today (15 Feb).
14 February Rethink interest rate rises, Mulcahy urges
ACT Opposition treasury spokesman Richard Mulcahy has urged the Reserve Bank to rethink its projected interest rate rise.
12 February Lending rising but construction still slowing: HIA
Although the total number of housing loans was rising, there is still a clear indication of a slowdown in the construction industry, the HIA said today (11 Feb).
10 February Mandatory water-efficiency labelling passes Parliament
A mandatory labelling scheme for showerheads, washing machines, dishwashers, toilets, taps and urinals passed through Parliament today (Feb 10).
10 February Job figures cause interest fears
Strong employment figures released by the Australian Bureau of Statistics today (Feb 10) caused economists to warn that interest rates could rise soon.
8 February Warning over balcony failure
Failure to maintain balconies can lead to huge cost, injury or death, according to the Housing Industry Association
8 February Sydney house prices falling, survey says
The median price of houses sold at auction during the December-January holiday period fell 14% according to independent industry analyst CPM Research.
7 February Interest rate warning by Reserve Bank
The Reserve Bank of Australia hinted strongly today (Feb 7) that interest rates would rise sooner rather than later.
4 February Opposition wants end to cul-de-sac development
The ACT Liberal Opposition has called for an end to multi-dwelling development in cul-de-sacs.
4 February Govt should lower taxes now boom is over, owners say
The Government should reduce property taxes now the boom is over, the president of the Property Owners & Ratepayers Associations of the ACT Inc, Peter Jansen, said today (Feb 4).
3 February Dwelling approvals rise by 2.7 per cent
House approvals fell by 6.1per cent in December last year, but higher-density approvals jumped by 23.3 per cent, leading to an overall approvals increase of 2.7 per cent, according to Australian Bureau of Statistics figures released...
2 February Interest rates stay unchanged
Interest rates will stay unchanged, the Reserve Bank announced today (Feb 2).
2 February Home warranty changes sought
The Housing Industry Association has presented to State and Territory Governments proposals to reform home warranty.
1 February New home sales fall ahead of interest decision
New home sales dropped by 17.3 per cent in December, according to the Housing Industry Association New Home Sales Survey out today (Feb 1).