Monday, 15 January 2018

FINANCE / HOUSING AND PROPERTY

Minister Kelly O'Dwyer invited comment on draft legislation to establish the National Housing Finance and Investment Corporation. [Full Text]

ASIC issued its response to submissions on new residential mortgage reporting requirements and a final standard. [Full Text]

The Parliamentary Library issued a Bill Digest for the Social Services Legislation Amendment (Housing Affordability) Bill 2017. [Full Text]

Melbourne University published a preliminary paper, 'Negative Gearing and Welfare: A Quantitative Study for the Australian Housing Market'. [Full Text]

Minister O'Dwyer said that the findings that house prices would go down and rents go up should be of concern to every Australian. [Full Text]

Shadow Treasurer Chris Bowen said that the report finds 76% of Australian households are better off without negative gearing. [Full Text]

Any meaningful interrogation of the paper immediately raises serious questions as to the credibility of its findings, according to the Property Council. [Full Text]

The Grattan Institute issued 'There's no silver bullet when it comes to housing affordability'. [Full Text]

The Property Council said that nationwide confidence fell slightly from 141 to 139 for the March 2018 quarter with state performance converging, according to the latest ANZ/Property Council Survey. [Full Text]

HOUSING AND PROPERTY / INDIGENOUS / DEMOGRAPHICS

The ABS issued 'Census of Population and Housing - Counts of Aboriginal and Torres Strait Islander Australians, 2016 (Additional Information)'. [Full Text]

HOMELESSNESS

National Shelter made a submission to the Economic Legislation Committee Review of the Provisions of the Treasury Laws Amendment (National Housing and Homelessness Agreement) Bill 2017. [Full Text]

ECONOMICS

The ABS issued 'Retail Trade, Australia, Nov 2017'. [Full Text]

ENERGY

Shadow Minister Mark Butler said that large industrial gas users are still unable to secure affordable gas supply contracts. [Full Text]

TRANSPORT / INFRASTRUCTURE / RURAL AND REGIONAL

AgriFutures issued 'Research activities on rural roads'. [Full Text]

NEW SOUTH WALES / HOUSING AND PROPERTY / FINANCE

The NSW Valuer General Simon Gilkes said that new land values for every parcel of land across the state show that regional NSW, in particular western NSW, saw the biggest growth in land value. [Full Text]

Shadow Treasurer Bowen said a document from NSW Treasury argued that the Commonwealth should consider reforms to negative gearing and capital gains tax to improve the housing market. [Full Text]

The Property Council said that the NSW property industry confidence has dropped seven index points from 147 to 140 over this quarter and nine index points in the 12 months to March 2018. [Full Text]

State-based reforms must be focus of NSW Government to improve housing affordability for the NSW community, according to the Property Council. [Full Text]

NEW SOUTH WALES / INDUSTRY / REGULATION

SafeWork NSW launched a one stop shop online toolkit designed to help improve work health and safety consultation practices in NSW workplaces. [Full Text]

NEW SOUTH WALES / WATER / REGULATION

Minister Melinda Pavey launched the State Government's Maritime Safety Plan. [Full Text]

NEW SOUTH WALES / TRANSPORT

Minister Andrew Constance urged the union bosses to put the needs of Sydney Trains customers first before unnecessary strike action. [Full Text]

AUSTRALIAN CAPITAL TERRITORY / ECONOMICS

The Property Council said that the ACT fell five points across the board over the 12 months to March 2018 in the latest ANZ/Property Council Survey. [Full Text]

NORTHERN TERRITORY / HOUSING AND PROPERTY / FINANCE / RURAL AND REGIONAL / INDIGENOUS

Minister Gerry McCarthy welcomed the announcement from the Commonwealth Government to match its 10-year, $1.1 billion investment into remote housing. [Full Text]

VICTORIA / HOMELESSNESS / FINANCE

Minister Martin Foley announced more than $45 million in initiatives as part of the State Government's new Homelessness and Rough Sleeping Action Plan. [Full Text]

The Council to Homeless Persons said the Plan was a "critical turning point in homelessness policy in Victoria" that will begin to turn off the tap of homelessness. [Full Text]

VICTORIA / HOUSING AND PROPERTY / FINANCE

The latest ANZ/Property Council Survey shows that the Victorian property industry sentiment is the nation's standard-bearer, building on population growth and continued foreign investment interest, according to The Property Council. [Full Text]

VICTORIA / PLANNING / REGULATION

The Victorian Government has released its response to the Major Hazard Facilities Advisory Committee Report on how to manage land surrounding major hazard facilities. [Full Text]

VICTORIA / ECONOMICS

Treasurer Tim Pallas said Victorian retail sales in November came in at $6.8 billion, more than a quarter of total Australian retail sales for the month. [Full Text]

VICTORIA / INDUSTRY

Master Builders Victoria collaborated with CodeSafe, ICANZ, AIVAA, AIRAH, AWCINSW, IA and NECA to create two videos highlighting good practices in building envelope integrity by insulators and good practices required by third-party trades to ensure the in [Full Text]

VICTORIA / ENERGY

Minister Pallas launched the first Victorian Gas Program Progress Report. [Full Text]

QUEENSLAND / HOUSING AND PROPERTY / REGULATION

The Property Council welcomed the State Government's move to establish a formal South East Queensland Housing Supply Expert Panel to monitor supply and demand for housing in the region. [Full Text]

QUEENSLAND / HOUSING AND PROPERTY / ECONOMICS

The Property Council said that the results of the latest ANZ/Property Council Survey confirm industry concern about the Queensland Government's proposed property tax hikes. [Full Text]

QUEENSLAND / HOUSING AND PROPERTY / INDIGENOUS / FINANCE / RURAL AND REGIONAL

Q Shelter called for clarity on the future of funding for remote Indigenous housing. [Full Text]

WESTERN AUSTRALIA / FINANCE

The Property Council said that according to the latest ANZ/Property Council Survey, WA is showing clear signs of emerging from its mining-boom hangover with confidence levels matching that of NSW. [Full Text]

WESTERN AUSTRALIA / HOUSING AND PROPERTY / FINANCE

Shelter WA said that all the evidence suggests that if Australia is serious about tackling housing affordability, negative gearing must be scaled back and capital gains tax concessions reduced. [Full Text]

TASMANIA / PLANNING

Minister Peter Gutwein said that the State Government is developing draft laws that change how major projects are considered. [Full Text]

The draft laws are online. [Full Text]

TASMANIA / PLANNING / ICT

Minister Michael Ferguson announced an Australian first collaboration called the Greater Launceston Transformation Project which will transform city planning processes. [Full Text]

TASMANIA / PLANNING

Minister Rene Hidding said the Tasmanian Government has listened to community concerns about the proposed sale of Lenny's Point and will act to acquire the land from the Council and preserve it for community use. [Full Text]

TASMANIA / INFRASTRUCTURE

Minister Hidding welcomed the submission of the Bridgewater Bridge business case to Infrastructure Australia as a key milestone under Infrastructure Tasmania's work program. [Full Text]

TASMANIA / ECONOMICS

Treasurer Gutwein said that the latest ABS figures show that Tasmanian retail trade is above the national average, up 0.2 per cent, or $1.1 million from the previous month. [Full Text]