Tim Hibbert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Australia’s housing shortage isn’t just about demand – interest rates must fall to make purchasing affordable for buyers.

Housing, non-residential and infrastructure work all contracted in the first three months of the year.

The fast-growing housing sector will face increasing competition as rates rise and particularly as traditional apartments come back into vogue.

The ability of an already stretched construction industry to meet the soaring demand for housing is hostage to materials and labour availability.

VILLAGERS worried about the impact a water park resort proposed near Bicester may have on flooding, quizzed a drainage expert about the project. The planning appeal hearing for the resort - which was refused by Cherwell District Council last year - has almost come to an end. The multi-million pound proposal put forward by US firm Great Wolf Resorts (GWR) includes a 498-room hotel and would sit on an18.6-hectare site in Chesterton. When the issue of drainage has come up at the hearing, the Inspector has been referring to an' agreed statement of common ground' reached between GWR and Ox...