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Residential building approvals in Victoria surpassed 70,000 in 2021 – proving the construction industry is leading the state’s economic recovery.
CONSTRUCTION
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The build-to-rent trend is gaining traction across the east coast.
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In November, demolition began on the first home on Greenvale Crescent built just five years before.
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The cost of building a home in Victoria is rising faster than in any other state, forcing a growing number of business failures.
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Building approvals in South Australia fell in September on a year-on-year basis for the first time since the pandemic struck.
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Rising supplier costs could eventually be passed on to consumers in the form of higher goods and services prices as pent-up demand lifts.
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Australian inflation grew by 0.8 per cent in the September quarter, largely driven by the rising cost of new homes and fuel.
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Exploding the myth that increasing supply will fix Sydney’s soaring house prices (Sydney Morning Herald)
Booming house prices and plummeting affordability are fuelling anxiety among Sydneysiders and bringing out the supply side “splainers”.
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The Reserve Bank believes residential construction activity will continue to fall until some time next year.
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Compliance and vaccination blitzes have been launched across the Victorian building industry.
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Coronavirus-related restrictions on the construction sector in NSW and Victoria resulted in a further contraction in activity in the sector.
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There is a big question mark over whether Australia’s record-breaking property price boom can be sustained.
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Join Steve Douglas, Executive Chair and Julie Kelley, Sales & Marketing Manager as they answer your burning questions during the 'Australian Residency and Tax Changes & Implications To Expats' webinar.
You can also book a FREE 20 minute tax consult by emailing smats@smat…
Hidden away in the back of the Australian Budget and unmentioned in the Treasurers speech, was a simple statement confirming that:
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We trust this seminar gives you a clearer understanding of the Australian Budget Announcements including:
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Australian property prices look to be on a rocketing path, with first home buyers, low-interest rates and FOMO (fear of missing out) fueling the demand for the start of 2021.
However, with stimulus packages coming to an end, and international borders remaining closed, can this ex…
For anyone considering Australia as a future place of residence planning your taxation affairs is a critical element of the migration process.
The Australian taxation system is extremely complex and taxes residents worldwide income.
Thankfully, legal and sensible tax …
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