Budget dissapoints housing industry

Yesterday’s budget failed to address any of the housing affordability issues facing Australia. In announcing the Budget last night, Treasurer Wayne Swan announced a number of policies and strategies  on development of skills, training and skilled immigration, as well as improvements to allow more private investment in large public infrastructure. While these are positive and necessary measures, HIA’s senior economist ...

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Federal Treasurer aims for $3.8 B budget surplus by 2013 – MoneyReview.com.au

Federal Treasurer Wayne Swan remains on course to preside over the first Labor government budget surplus since Bob Hawke was returned for a fourth time as prime minister in 1990. But the impact of this summer’s spate of natural disasters – both home and abroad, a strong Australian dollar, and a patchy economy has taken its toll, wiping $16 billion ...

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The Housing Market is in desperate need of funds injection from government

HIA is urging the Federal Government to budget for an injection of more funds into the Australian housing market to address the under-supply issue While returning the budget to surplus is obviously a positive policy, it should not be achieved at the cost of cutting or neglecting the urgent need for productive investment in core areas such as Australian housing. ...

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New home sales up in March

According to the Housing Industry Association , although the overall housing market is still quite weak there seems to be some improvement in the number of new home sales generated in March 2010. New home sales numbers increased by 4.3 per cent in March, following a 0.6 per cent gain in February. Detached homes sales also went up by 5.8 ...

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Aussie families left homeless – Wesley Mission

An increasing number of Australian families are finding themselves homeless due to a shortage of rental accommodation and public housing, a new study by Wesley Mission released today has found. The study reveals that displaced families currently make up at least a quarter of Australia’s homeless population and possibly as much as a third. Many families who are technically eligible ...

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