House & Land
residentialAustralian housing construction to remain in the doldrums for next year: CSR
CSR estimated total housing starts in Australia will fall to about 140,000 in the year to March 2013, down from the 148,300 in 2012.
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industry newsSt Hilliers construction arm placed in voluntary administration
The construction arm of St Hilliers has been placed into voluntary administration due to funding issues relating to the Ararat prison project.
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residentialNo imminent recovery in home building: RBA
The Reserve Bank does not expect the residential construction sector to mount a recovery in the near future, assistant governor Philip Lowe has said.
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taxFederal budget 2012: Tax break of $1 billion for green building over before it began
The government announced will not be proceeding with a tax break for energy-efficiency upgrades of commercial buildings – a loss of $1 billion over the life of the program.
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residentialFederal budget 2012 a lost opportunity to reinvigorate home building sector: HIA
The Housing Industry Association expressed disappointment that the federal budget missed the opportunity to reinvigorate new home building activity.
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economyFederal budget 2012: Tax breaks for green buildings dumped
The government will not proceed with its planned tax breaks for the green buildings, with Climate Change Minister Greg Comet saying the program is not value for money.
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economyFederal budget 2012: The abandoned tax breaks for green buildings promised $1 billion for property developers and investors
The tax breaks for green buildings program was announced as part of the 2010 government election commitment, but it has now been scrapped.
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taxStamp duty debate has been running for almost a decade
With such a sort fall in housing supply upon us and with housing now less affordable than ever, the stamp duty debate is much discussed but never resolved.
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industry newsACCC warns construction industry on cartel behaviour
The competition watchdog has contacted 2,500 building industry executives in the past few weeks, warning them of the potential consequences of engaging in price cartel behaviour.
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residentialResidential building approvals up 7.4% in March: ABS
Economists' forecasts had centred on a 3.1% rise in approvals in March, according to Reuters.
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