Building approvals rise in October 2023, but industry remains concerned over the broader picture

This comes off the back of pauses to the interest rates.

Australia’s annual rate of inflation drops to 5.4%

New data from the Australian Bureau of Statistics has revealed that Australia’s Consumer Price Index (CPI) has risen 1.2% in September 2023.

Australian home loans and dwelling approvals rise in August 2023

Early signs of improvement were observed across August.

Housing Australia Future Fund set to finally pass parliament following extensive negotiations

The $10 billion package is one aspect of a larger housing reform agenda.

Master Builders Australia sets eight goals for 2050

Master Builders Australia (MBA) has released their inaugural report outlining building and construction sustainability actions and goals.

Steel prices tumble, giving Australian construction industry some relief

While the price of steel reaches new lows, the future remains uncertain as the cost of other building materials continue to rise.

Australian building approvals: Down 7.7% for June 2023

Industry is concerned for the rental market, as higher density approvals slumped by over 20%.

Australia’s annual rate of inflation drops to 6%

The June inflation data is a welcome decline from the 7.0% rise in CPI recorded in March 2023.

Federal Budget 2023: Property industry responds

Housing affordability measures were widely welcomed, but housing supply remains the elephant in the room

Master Builders CEO urges housing reform ahead of the budget

Wawn says the government has an opportunity in the budget to be fiscally responsible and take measures to alleviate the housing crisis.

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