Construction crisis just about over says Ray White Group Chief Economist
It is therefore good news that construction costs are finally starting to ease. So much so that in Perth and Hobart, construction costs are actually declining. What has turned conditions around? By Nerida Conisbee, Ray White Group Chief Economist.
REIA welcomes an ‘action not talk’ approach for energy by crossbench
The Real Estate Institute of Australia (REIA) has welcomed the calls by Independent for Wentworth, Ms Allegra Spender MP, to introduce an instant tax write off for family investors to implement energy upgrades in rental properties.
REIV response to additional Victorian property taxes
This morning’s announcement to extend, the already contentious, vacant property tax to regional Victoria and double the vacant land tax is just another regrettable demonstration of poor property policy development, and shortsightedness from the Victorian Government.
REIV responds to State Government Housing Statement
REIV welcomes - in principle - government efforts to ensure the long-term sustainability and growth of Victoria’s housing supply. The REIV applauds the focus on improving the availability and quality of social and affordable housing.
We HAFF lift off: REIA welcomes progress on housing
Real Estate Institute of Australia (REIA) has welcomed key new housing developments from the Australian Parliament across superannuation and social and affordable housing.
Changes to penalties and union rights...a risk to the residential building industry? - HIA
“The Closing Loopholes Bill, introduced into Federal Parliament on Monday risks acting as a disincentive to run a business particularly a small business in the residential building industry,” said Jocelyn Martin, HIA Managing Director.
Short stay accommodation soars 22.8% as Australia's rental crisis rages - REIA
REIA President, Hayden Groves said that in the March quarter, a total of 133,968 short-stay accommodation (SSA) places were available in Australia, an increase of 3.7% over the quarter and a enormous 22.8% over the past year.
Government agrees tradies are not 'employee-like' - HIA
“HIA has successfully convinced the Government that independent contracting arrangements in the residential building industry must not be impacted by the much-anticipated industrial relations reforms,” said Jocelyn Martin, HIA Managing Director.
REIA says young Aussies being short changed on tax and homes: IGR
The Real Estate Institute of Australia congratulated the Treasurer on the release of the Intergenerational Report but has said shows it has looming and unresolved headwinds for Australia’s younger property customers.