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March 2005 News Article
31 March City’s facilities at risk
Canberra’s public spaces and public facilities are at risk because of a slump in population growth, according to a leading town planner.
30 March ACT Govt claims rain-tank success
More than 600 households have claimed the ACT Government's rainwater tank rebate so far this financial year, Chief Minister and Minister for the Environment Jon Stanhope said today (Mar30).
30 March Swap weeds for native plants
Canberrans can beautify their gardens and simultaneously help the environment this weekend by digging weeds from their yards and swapping them for free native plants.
29 March Prices are holding as transactions fall
The number of dwellings sold in the ACT has fallen from a peak of 15,800 in 2002 to 11,700 in 2004, but the median price of dwellings has continued to rise steadily, according to figures reported...
25 March Figures show interest-rate resilience
Media fears about interest rates are artificially dampening the housing market, according to Andrew Bell, of Ray White on the Gold Coast.
24 March Home loan affordability improves
Affordability is improving, according to the Real Estate Institute of Australia.
22 March Housing activity remains steady
The number of dwellings begun in the December quarter rose marginally (+0.6%), to 39,515, according to figures released today (Mar 22) by the Australian Bureau of Statistics
21 March Canberra rents highest in the country – taxes blamed
Rent for a three-bedroom house is the highest in the country, according to a Real Estate Institute survey reported today (Mar 21).
18 March Redevelopment area in Downer cut
Legislation was introduced in the Assembly today (Mar 17) to reduce the size of the residential core area in Downer.
18 March Big trees get better protection
Significant Canberra trees will be better protected and tree-removal processes streamlined under legislation introduced in the Legislative Assembly today (Mar 17).
18 March A chance for cheap land
A ballot for 37 blocks of land priced at $150,000 or under will be held on April 30, ACT Minister for Planning Simon Corbell announced today (Mar 18).
18 March Treasurer attacked over land-tax ‘bleed’ comment
ACT Treasurer Ted Quinlan should resign over his comment that property owners in the ACT 'will be squeezed until they bleed -- but not until they die', according to the Property Owners and Ratepayers Association.
16 March Household borrowing down
Household borrowing has fallen, according to latest Australian Bureau of Statistics monthly figures released today (March 15).
16 March Renovators warned on asbestos
Asbestos dust can become a deadly side affect of renovations, Archicentre, the building advisory service of the Royal Australian Institute of Architects said today (Mar 17).
11 March Variation preserves some of East O'Malley remaining woodlands
Some of East O'Malley’s remaining woodlands will be protected through Territory Plan Variation 209, which adds a further 66 hectares of Yellow Box/Red Box woodlands to the Mount Mugga Mugga Nature Reserve.
11 March New plan for City Hill
A plan to transform City Hill seeing it surrounded by significant government and private sector buildings such as a Supreme Court, a possible new Assembly building, a four-to five star hotel and an ACT administration building...
11 March Housing finance loses momentum
Total lending continued to recover modestly at the start of 2005, but the pace of recovery is slowing even before the March interest rate rise begins to have an impact.
10 March Heritage process streamlined
New heritage laws came into force today (Mar 9).
8 March Housing price growth stabilises
The growth in housing prices has stabilised, according to December quarter 2004 housing data released by the Real Estate Institute of Australia (REIA) today (March 8).
7 March Cut stamp duty, REI says
State and Territory governments should remove inequitable and inefficient state taxes, given the GST windfall they are now receiving, the Real Estate Institute of Australia said today (Mar 7).
7 March Renovation market slumps
Activity in Australia’s major renovation market has fallen sharply, according to today’s (Mar 7) Housing Industry Association quarterly Renovations Monitor.
4 March Kingston residents to get relief from noise
A noise buffer between residential and commercial entertainment areas in Kingston will come into force under a draft variation to the Territory Plan being advertised this weekend (mar 5-6)
4 March Housing approvals unexpectedly rise
Approvals for detached housing rose 7.4 per cent to 8965 in January, according to figures released today (Mar 4) by the Australian Bureau of Statistics.
3 March Three big banks raise rates from Monday
ANZ, the Commonwealth and National Australian Bank announced today (Mar 3) that they would follow the Reserve Bank and put up the standard variable mortgage by 0.25 per cent from Monday.
3 March House prices rising, but more slowly: ABS
The pace of growth in house prices continued to slow at the end of last year but there is no crash on the horizon.
2 March Interest rates up 0.25%
Interest rates will rise by a quarter of one per cent, the Reserve Bank announced today (March 2).
2 March Rate rise damaging soft landing: HIA
Further falls in housing activity are already in train and any further rate rises could be very damaging to the prospect for a “soft landing” for the housing sector, Australia’s peak building industry body, the Housing...