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Showing 161 - 170 of 182 results for %22Housing affordability%22

Houses at half price

... The initiative is the most recent example of a whole new range of products designed to address the lack of housing affordability in the country. In February, the Western Australian Government announced a $300 million scheme whereby the State government ...

Daily economic round-up

PETER BELL  |  THURSDAY, 15 FEB 2007
... being allowed even more credit. Treasury officials have recently told a Senate estimates committee that housing affordability was at a historic low at a time when the debt servicing obligations of households have reached a two decade high. House Price ...

Daily economic round-up

PETER BELL  |  MONDAY, 22 JAN 2007
The Housing Industry Association/Commonwealth Bank Affordability Index has reached its worst level since the index began in 1984, according to the latest release. The index is now 15 plus per cent less than in December 2005 which was when first homes ...

Daily economic round-up

PETER BELL  |  FRIDAY, 25 AUG 2006
... built yearly just to keep up with demand. Treasurer Peter Costello has blamed state governments for the housing affordability crisis because property taxes exceed the value of land in some areas. Treasurer Costello has asked the RBA to liaise with the ...

Economic round-up

PETER BELL  |  TUESDAY, 15 AUG 2006
... was three times the average family income, whereas now it is of the order of nine times that level. Nevertheless, the Housing Industry Association's (HIA)affordability index dropped by 5.3 per cent in the June quarter to be about 6.1 per cent lower than ...

Flatmates to mortgage-mates

ALEX DUNNIN  |  THURSDAY, 29 JUN 2006
Shifting demographics and affordability are forcing young people to re-think their strategy for breaking into the housing market. According to a report published in this month's YourMortgage magazine, in recent years the once clear-cut picture of home ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 30 MAY 2006
... sector. The recent rate hike and rising housing prices (reported by the ABS last week) will further lower housing affordability which is already near record lows. While the May Budget income tax cuts should provide some offset, it remains to be seen ...

Daily Economic Update

... December quarter. The RBA will not want to nip this in the bud by raising interest rates prematurely. especially with housing still soft and exports continue to disappoint.

Daily economic update

... rates on ice - possibly till the end of the year - is renewing confidence in the property market. Improved housing affordability is also luring homebuyers back. The HIA/CBA housing affordability index rose by 5.4 per cent in the December quarter to its ...

Daily Economic Update

... US GDP growth and rising prices has provided a large impetus to consumer spending. Economists expect US housing affordability to continue to fall in coming months as home prices and interest rates push higher. Median house prices increased nearly 17 ...