3D printed homes on the way
With the construction industry in turmoil as material shortages, spiralling costs and labour constraints hit home, the world of 3D printing is...
Rates and inflation on upwards trajectory
The Reserve Bank’s decision to increase the cash rate by fifty basis points from 0.35 per cent to 0.85 per cent has...
Huge pipeline of building work to complete
The ABS has recently released preliminary data on Construction Work undertaken across all states and territories for the March quarter of 2022.
Peak body congratulates Labor on election win
One of Victoria’s peak building body’s, Master Builders Victoria, has been quick to congratulate the Australian Labor Party on last week’s election...
Rental crisis continues despite activity uptick
THE number of property investors active in the market in March increased by 2.9 per cent over the month, according to the Australian Bureau...
Peak bodies on board with budget
Master Builders Victoria has welcomed the Victorian Government’s announcements on planning reform, infrastructure, and training in the 2022/23 State budget. With the building and construction...
Parties must address rental undersupply
Rental shortages, and lack of affordable rentals, are becoming a hot political topic coming into the Federal election. Property Investment Professionals of Australia have now...
Housing costs major election issue
With Federal election campaigning underway, the Housing Industry Association is jumping on the bandwagon to ensure that all sides of politics have a clear...
Construction costs rising rapidly
Most builders are bearing the brunt of construction cost increases, especially those in fixed price contracts, and some have been forced to the wall. Supply...
Peak body urges housing supply issues be addressed
With the Federal enquiry into housing affordability and supply now completed and recommendations released, Australia’s peak building body, the Housing Industry Association, has said...
Working dog days about herd mentality
FOR those that have been watching the ABC’s Muster Dogs realty TV series, you will understand what every man, woman and their working dog...
Construction dulled by supply, labour shortages
RECENT data from the Australian Bureau of Statistics has revealed that Victoria has seen a further decline in the value of construction work carried...
Wild weather raises insurance concerns
WITH the recent tragic events in NSW and Queensland unravelling before our eyes, the issue of underinsurance has again been raised. Marty Sadlier, director at...
Bendigo still offers more value than the city
Numerous economists have predicted a subdued selling season this year due to speculation of rising borrowing costs and affordability as property prices become out...
Gentle landing forecast for housing super cycle
The volume of detached home building and renovations activity has been exceptionally strong for the past 18 months, initially driven by HomeBuilder and now...
Home reno loan sizes down, volume up
Master Builders Victoria analysis of monthly lending figures for December show that Victorian borrowings for home renovations jobs remains very high. However, the average size...
Regions see exceptional growth
New data has confirmed that the median house price in regional Victoria has recorded its largest annual increase since 2001. Real Estate Institute of Victoria’s...
New homebuyer activity remains strong
The most recent release from the ABS on Lending to Households and Businesses data for November 2021 has shown the facts on housing finance...
Victoria passes 70,000 new builds
Victorian residential building approvals topped 70,000 in 2021 as the building and construction industry continued to form part of the state’s recovery from the...
MBV urges tradie kindness
Industry body Master Builders Victoria is asking consumers to be kind and patient with builders and tradespeople as the building and construction industry continues...
Detached home building to remain strong
The Housing Industry Association’s most recent economic and industry outlook report, which includes updated forecasts for new home building and renovations activity throughout Australia,...
Code must be handled right says peak body
Master Builders Victoria has expressed concern that the Victorian Government’s changes to the building code relating to accessible housing and energy efficiency don’t address...
Why buying property should never be a gamble
The increasing numbers of people prepared to buy property sight unseen could prove to be a financial disaster, according to a leading buyers’ agent. BFP...
September sees lift in buyer demand
There has been rebound in confidence in the housing market during September according to Westpac – Melbourne’s Institute Index of Consumer Sentiment September report. It...