Economic News
Polls show support for Labor minority Australian government
September 5, 2010 by administrator · Leave a Comment
Two new opinion polls show more voters want three key independent MPs to back Labor to form a minority government.
Bob Katter, Rob Oakeshott and Tony Windsor will spend the weekend considering which party to support to form government.
As the trio deliberate, a Newspoll survey – published by News Limited – show 47 per cent want the independents to back Labor. (more…)
Australian economy stronger but rates stable
September 2, 2010 by administrator · Leave a Comment
Higher than expected retail trade and building approval results point to a strengthening economy, but economists say interest rates will be on hold until the end of the year.
Australian retail trade at current prices rose 0.7 per cent in July, higher than the market forecast of 0.4 per cent.
Building approvals rose 2.3 per cent in the same month, significantly higher than the expected fall of 0.7 per cent. (more…)
Migration cuts to hit Australian housing industry
September 1, 2010 by administrator · Leave a Comment
Large cuts to migrant numbers could exacerbate a looming skills shortage and lead to wage blowouts as the resources sector gears up for another boom, industry analysts warn.
The housing construction industry has been complaining about a structural undersupply of labour and the lack of a dedicated migration program for the residential sector.
But it also says migration targets may not be enough to maintain a working age population. (more…)
Mortgage Choice Australia net profit falls in 2010
August 27, 2010 by administrator · Leave a Comment
Finance broker Mortgage Choice Ltd has posted a fall in annual profit and sounded a warning about the effects of housing under-supply and affordability on the housing market.
Mortgage Choice reported a net profit after tax of $23.479 million in 2009/10, down 12.5 per cent from $26.849 million in the prior year.
On a cash basis, Mortgage Choice said annual net profit was $14.8 million, up from $13 million in 2008/09. (more…)
Australian construction is firm, no rate rise likely in Sept 2010
August 27, 2010 by administrator · Leave a Comment
A higher than expected construction work result increases the risk of a strong economic growth number next week, economists say.
But the strengthening economy won’t be enough to convince the Reserve Bank of Australia (RBA) to lift interest rates as a series of data releases feeds into the second quarter GDP (gross domestic product) number next Wednesday. (more…)
Australian voters wake to political turmoil in Federal election 2010
August 22, 2010 by administrator · Leave a Comment
A handful of independents are set to decide Australia’s political future after an inconclusive election delivered what seems certain to be the country’s first hung parliament since World War II.
In a history-making day for Australia, a national primary vote swing of more than 5 per cent against Labor left Julia Gillard fighting to hold onto the prime ministership she took over just two months ago from Kevin Rudd.
Tony Abbott, meanwhile, has declared the Coalition is “back in business”. (more…)
Australian Federal Government Election 2010 And The Department Of Housing Issues
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Department of Housing issues …
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. (more…)
Australian Housing Industry Support And The Federal Government Election 2010
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Australian Building and Construction issues …
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. (more…)
Australian political parties comment on the impact of regulation on businesses in the building industry in 2010
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Regulatory Burden On Business issues …
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. (more…)
Australian Housing Industry Taxation and Contracting Issues In 2010
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Taxation and Contracting issues and the alienation of Personal Services Income (APSI) provisions to professional services businesses…
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens (more…)
Residential Building Planning Policy And the Australian Federal Government Election 2010
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Planning Assessment issues …
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. (more…)
Workforce And Skills Shortages In The Australian Building Industry
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Workforce and Skills issues …
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. (more…)
Immigration Policies And The Australian Federal Government Election 2010
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. Find out about Immigration Policy…
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. (more…)
Social Housing And The Australian Federal Government Election 2010
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues. What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. Find out about Social Housing Policy (more…)
Environmental Impact Of Australian Housing And What The Politicians Have To Say
August 19, 2010 by administrator · Leave a Comment
The Housing Industry Association of Australia approached all major political parties and asked the hard questions regarding critical policy issues.
What is the policy position taken by each major party including the Australian Labor Party, The Liberal National Coalition and The Greens. Find out about the environment (more…)
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