Sustainable Business Practices in Australia
Across the country, more small and medium sized enterprises (SMEs) are adopting sustainable business practices in Australia, not just to support the environment, but to stay competitive, reduce[...]
HIA’s Senior Economist, Nick Ward said, “First home buyer activity in the market remains at its highest level since the stimulus associated with the GFC.
“HomeBuilder wasn’t targeted at first home buyers however, the eligibility requirements of the grant meant that this cohort were significant beneficiaries of the program. They are also taking advantage of other stimulus measures such as the First Home Loan Deposit Scheme and state government incentives.
“Across the rest of the market, the number of loans for the construction or purchase of a new home was 109.9 per cent higher in the three months to March 2021 than in the previous year.
“The data for March suggests that the surge due to HomeBuilder is starting to ease from record levels.
“Lending for renovations also rose reaching its highest level since 2009. The value of loans for alterations and additions in the three months to March 2021 is 54.5 per cent higher than the same time last year.
“Today’s data provides further evidence of the exceptionally strong volume of home building activity to occur in 2021,” concluded Mr Ward.
The number of loans for the construction of a new dwelling across the states in the three months to March 2021 compared to the same time last year has:
Source: HIA
Across the country, more small and medium sized enterprises (SMEs) are adopting sustainable business practices in Australia, not just to support the environment, but to stay competitive, reduce[...]
Across the country, more small and medium sized enterprises (SMEs) are adopting sustainable business practices in Australia, not just to support the environment, but to stay competitive, reduce[...]
Choosing kitchen and laundry appliances for your home is about so much more than ticking a box for function. It’s about selecting products that suit your lifestyle, offer long lasting reliability,[...]
An Australian navy vessel has inadvertently caused widespread disruption to internet and radio services across parts of New Zealand’s North and South Islands this week. The incident happened early[...]
