April 2008 News Archive

Acute shortage of housing stock

News 100
Posted at 01 May, 2008

The continued drop of building approvals could impact on the climb of housing stock shortages. The March building approvals fell for another month and were significantly down over the quarter, hitting their lowest level since May last year.......

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Master Builders Speak Out

News 99
Posted at 01 May, 2008

While Queensland consumers continue to face a decline in new housing affordability, Master Builders applauds the Reserve Banks (RBA) decision yesterday to keep rates on hold.......

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House prices set to rise

News 98
Posted at 01 April, 2008

Economic forecaster BIS Shrapnel predicts house prices will rise as much as 40% across the nation in the next five years, because of a growing shortage in housing.......

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Bank rising rates

News 97
Posted at 01 April, 2008

The National Australia Bank has lifted its mortgage interest rates again, independent of any move by the Reserve Bank of Australia (RBA). This is the NAB?s third rate rise in less than seven weeks. It gives the bank a standard variable rate of 9.......

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