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The mismatch between supply and demand is growing more evident each day

The sharp drops in the September quarter weren't enough to drag records down

Millennials call for more housing regulation subscribe A A A survey has revealed that almost three-quarters of Millennials said they believe the housing market needs more regulation to slow property prices. The Borrower Sentiment Index for the June 2021 quarter released by homeloanexperts.com.au has revealed that 70 per cent of Millennials said they believe the housing market requires more regulation to keep a lid on property prices. In addition, 40 per cent of Millennials surveyed said they believe that the support should come in the form of first home buyer (FHB) schemes, while 30 per cent ...

Global construction boom sending timber and iron ore prices through the roof ABC Business 15/05/2021 © Provided by ABC Business Commodities associated with construction are on the rise. (Landline) There is a construction boom taking place around the world, as governments look to build themselves out of the pandemic's economic woes. It has pushed the price of building-related commodities through the roof, with timber and iron ore — which is used for making steel — hitting record prices this week. Iron ore surged to $US228 per tonne on Tuesday, as Chinese steel mills continue to r...

Peter Gutwein,Treasurer Our extremely successful HomeBuilder Scheme continues to stimulate our economy and confidence statewide. Since HomeBuilder opened in July, we have received over 2000 applications, with 627 applications registered in just the first two weeks of the year alone. To give a sense of scale, Tasmania normally builds around 2800 houses per year. To ensure that applications are processed as soon as possible, the State Revenue Office has put on unprecedented resourcing to meet this extraordinary demand, and there are now 14 full-time equivalent staff working on HomeBuilder appli...