| 30 January 2012 |
We're expecting the Government to take action
Real Estate Institute of Australia (REIA) president, Ms Pamela Bennett says REIA's pre-budget submission, lodged today, focuses on two very important issues for the housing market: housing affordability and inefficient property taxes.
To download a copy of the submission, click here.
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| 25 January 2012 |
Clear message for RBA
The latest Consumer Price Index (CPI) figures show that the Reserve Bank of Australia's (RBA) consumer price measures of inflation are within their target zone.
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| 16 January 2012 |
Modest improvement in housing finance continues
Australian Bureau of Statistics' (ABS) housing finance figures for November 2011 show in trend terms that the number of finance commitments increased marginally for the seventh consecutive month; the October increase was 0.6 per cent.
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| 11 January 2012 |
State taxes must be considered in GST review
President of the Real Estate Institute of Australia (REIA), Ms Pamela Bennett says it is important that the GST Distribution Review, which is to report to the Treasurer in February, includes state taxes and the impact that they have on economic activity.
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| 21 December 2011 |
REIA calls for action on housing supply
The Real Estate Institute of Australia (REIA) has called for action on housing supply with the release of the National Housing Supply Council's State of Supply Report 2011.
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| 14 December 2011 |
REIA welcomes housing minister
The Real Estate Institute of Australia (REIA) has welcomed the appointment of the Hon. Robert McClelland MP as Minister for Housing and Homelessness, saying that the decision to have a dedicated housing portfolio is long overdue.
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| 14 December 2011 |
September quarter records decrease in median price
The Real Estate Institute of Australia's (REIA) Real Estate Market Facts report for the September quarter 2011 has recorded a decrease in the median house price for the Australian residential property market.
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| 12 December 2011 |
Improvement in housing finance continues
Australian Bureau of Statistics (ABS) housing finance figures for October 2011 show in trend terms that, following half a year of consecutive decreases, the number of finance commitments increased marginally for the sixth consecutive month; the October increase was 0.7 per cent.
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| 07 December 2011 |
Housing affordability improves for the second time in 2011
The Real Estate Institute of Australia's (REIA) September quarter Deposit Power Housing Affordability Report has recorded the second improvement in housing affordability in 2011 with the proportion of income required to meet loan repayments decreasing 1.0 percentage point to 33.6%.
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| 06 December 2011 |
Rate cut will encourage first home buyers
The Reserve Bank's decision to decrease rates by a total of 0.5 per cent in November and December is positive news for mortgage holders in the lead-up to Christmas.
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