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The Latest Breaking News from Denita Wawn

What do Labor and the Coalition’s new housing polices mean for first home buyers?

Neither plan will put significant downward pressure on property prices – and making mortgages tax deductible may have ‘some inflationary impact’

The Guardian - AU

Australia must build out of crisis amid shocking data

Red tape must be ripped down to boost productivity in a bid to fix the nation's housing crisis, with shocking new data showing the slowing rate of construction.

AAP

Australia building half as many homes for every hour worked compared with 30 years ago, Productivity Commission finds

‘Decades of poor performance’ in dwelling construction is contributing to the housing affordability crisis, report says

The Guardian - AU

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Home construction rises but target remains out of reach

High costs, labour shortages and low productivity are limiting the sector's ability to build new homes as construction activity remains below required levels.

AAP

Housing affordability blow as construction costs go up

The cost of building a home continues to rise, making it harder for builders to meet supply targets and alleviate housing affordability.

AAP

Australian construction industry calls for skilled migration overhaul to ease ‘desperate’ shortage of tradies

Labour shortage is driving up construction costs and stopping industry from building enough homes to ease housing crisis, Master Builders says

The Guardian - AU

Dutton sets up housing showdown with big build pledge

With housing affordability expected to dominate the federal election campaign, Opposition Leader Peter Dutton has unveiled a $5 billion plan to boost supply.

AAP

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'Nightmare': Fraudster stole $70k from Master Builders Association

Gambling habit and fraud caused 'anguish' for his colleagues.

The Canberra Times

'Nonsense': tradies left off skilled migration list

Australia's building industry says tradies are treated like second-class citizens after key construction jobs were left off a draft priority skills list.

AAP

Builder insolvencies may upend home buyer plans: expert

As construction businesses continue folding in their thousands, an expert warns one of the more accessible paths into home ownership could become risky.

AAP

Overseas central bank moves may hint at rates movement

Interest rate decisions in Europe, Canada and New Zealand could provide hints on whether Australia's central bank will lower rates as inflation moderates.

AAP

Coalition and employers back David Pocock over splitting contentious industrial relations bill

ACT senator wants to move forward with workers’ compensation for PTSD and banning discrimination against employees experiencing domestic violence

The Guardian - AU

Push on to lure city dwellers to jobs, life in the bush

Industries desperate for workers in regional Australia are talking up the benefits of country life as a campaign promotes the switch.

AAP

Deadline for HomeBuilder paperwork extended to June 2025 after calls from applicants

First-time home owners like Michael Thompson, who were feeling the pressure as the deadline for HomeBuilder paperwork approached, react positively to the deadline being extended by two years.

ABC News

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AAP

New house approvals slide for fifth month in a row

Approvals for new homes remains subdued as stubbornly high inflation and rising interest rates weigh on demand for home-building.

AAP

Building sector urges cross-party housing plan support

As the coalition prepares to oppose Labor's multi-billion dollar housing fund, the building sector says it's a sensible reform that needs support.

AAP

Building industry calls for housing supply boost

Master Builders Australia is calling on the government to enact policies to make housing more affordable and boost apprenticeships to curb workforce shortages.

The Guardian - AU

Australia’s economy running hot despite rising interest rates, but experts urge caution

Building and business insiders warn the Reserve Bank’s recent hawkish approach risks long-term harm for households and commerce

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AAP

New building activity slows as rates bite

The pace of home building is easing as higher interest rates, labour shortages and material shortages weigh on the construction industry.

ABC News

Building challenges are starting to ease, but that doesn't mean you'll be able to find a tradie

For more than two years, Colleen has been stuck in construction purgatory. She has the land, finances and contract to build — but finding tradies who can do the work is another story entirely.

AAP

Rocky outlook for home building sector

A major construction industry group has downgraded its forecasts for the home building sector as interest rate rises and inflationary pressures set in.

ABC News

Australian Building and Construction Commission warned staff not to campaign against Labor’s election

Secret documents from inside the Australian Building and Construction Commission (ABCC) reveal staff were warned against directing industry bodies and supporters to help the Morrison government win the 2022 federal election.

ABC News

Women in construction say greater diversity will stamp out sexism and fix labour shortages

Construction is the most male-dominated industry in Australia, and women say greater gender diversity is needed to weed out sexism and address labour shortages.

The Canberra Times

Higher home buyer scheme price caps welcomed as supply concerns linger

The federal government on Monday announced higher price gaps for its low-deposit home buyer schemes.

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