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HomeBuilder Construction Deadline Extended by 12 Months

HomeBuilder Construction Deadline Extended by 12 Months Existing applicants for HomeBuilder are being given an extra 12 months to commence construction as new home building has reached its highest levels in 21 years. On April 17, Treasurer Josh Frydenberg and Housing Minister Michael Sukkar announced an extension of the construction commencement requirement for the HomeBuilder scheme from six to 18 months, meaning builders will have until Sept. 2022 to begin work. Introduced in June 2020 as part of the national economic recovery plan, HomeBuilder offered up to $25,000 (US$19,500) in grants for new home constructions or major renovations. The government said over 121,000 Australians have applied for the grant, which is expected to cost the government $2.5 billion (US$1.95 billion) and create a total of $30 billion in building activity.

Australian capital territoryGraham wolfeSam mooy gettyDenita wawnMichael sukkarJosh frydenbergAngela lillicrapHouse of representatives at parliament onHousing industry associationMaster builders associationTreasurer josh frydenbergHousing minister michael sukkarBuilders associationTimes photoQuestion timeParliament house

Banks Should Not Let Lending Practices Slip: RBA

Banks Should Not Let Lending Practices Slip: RBA The Reserve Bank of Australia (RBA) has warned banks not to let lending standards fall as the financial sector could be shaken from any debt blow out under a housing price correction. In its biannual financial stability review (pdf), the central bank stressed the importance of the financial sector avoiding excessive risk-taking in the form of looser lending standards or relaxation of internal limits. “Even if lenders do not weaken their own settings, increased risk-taking by optimistic borrowers could see a deterioration in the average quality of new lending,” the review said. “This would weaken the resilience of businesses and households, and so the financial system, to future shocks.”

Australian capital territorySam mooy gettyMichael sukkarHouse of representatives at parliament onReserve bankTimes photoHousing michael sukkarQuestion timeParliament houseGetty imagesHousing minister michael sukkarSky newsAustralian housing lendingAustralian housing marketReserve bank of australiaThe epoch times

Female journalists painted as subjective and emotional , experts say

Female journalists painted as subjective and emotional , experts say
sbs.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbs.com.au Daily Mail and Mail on Sunday newspapers.

New south walesAustralian capital territoryKaren middletonHenry ergasAmy remeikisCatharine lumbyAlan jonesJessica irvineFiona martinLisa wilkinsonPeter van olsenMichael stutchburyAaron patrickLouise milliganRay hadleyBrittany higgins

National Wind Farm Commissioner s Role Expanded to Oversee Transmission Projects

National Wind Farm Commissioner s Role Expanded to Oversee Transmission Projects
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

Western australiaUnited statesUniversity of adelaideSouth australiaAustralian capital territorySam mooy gettyAndrew dyerScott morrisonJohn kerryAngus taylorAustralian national universityBiden administrationAustralian solar thermal research initiativeEnergy angus taylorUs department of energyAustralia national wind farm

Labor wants inquiry into Christian Porter rape allegations

Mr Porter is seeking aggravated damages over a story published on February 26 headlined: Scott Morrison, senators and AFP told of historical rape allegation against Cabinet Minister .

Australian capital territoryNew south walesLouise milliganScott morrisonTanya plibersekRebekah gilesBill shortenChristian porterHouse of representatives at parliament onParliament house onAttorney general christian porterParliament houseFederal courtMinister scott morrisonPrime minister scott morrisonஆஸ்திரேலிய மூலதனம் பிரதேசம்