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Housing 2012_1005

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++ CONSTRUCTION falls at fastest rate in 12 months: study. + Building shows signs of recovery. France and Australia don't compare in a broadband rollout – Features – ABC Technology and Games. When an argument breaks out over Australia's NBN relative to other countries, questions of population density inevitably become a factor. The key point of contention is this: to what extent does Australia's geography drive up the cost of the NBN? One side will answer "plenty - we have on average two people per square kilometer". The other side will point out that most Australians live in just a handful of cities, where population density is high.

Which side is right? The answer falls somewhere in between. However, the NBN is taking fibre to 93 per cent of the population - which means it has to reach beyond those areas. I've organized this map by population density. Why 117 people per square kilometer? Even for a network to serve 85 per cent of the population, it needs to spread a long way beyond the big cities. These considerations put the landmass question in perspective.

Also consider this: in France in 2010, there were at least 30 cities with a population of more than 300,000. 8731.0 - Building Approvals, Australia, August 2012. The trend estimate for total dwellings approved rose 0.7% in February and has risen for 26 months. The seasonally adjusted estimate for total dwellings approved fell 5.0% in February following a rise of 6.9% in the previous month. The trend estimate for private sector houses approved rose 1.9% in February and has risen for 14 months. The seasonally adjusted estimate for private sector houses fell 2.1% in February following a rise of 8.4% in the previous month. The trend estimate for private sector dwellings excluding houses fell 0.7% in February and has fallen for two months. The trend estimate of the value of total building approved rose 0.2% in February and has risen for eight months.

A number of time series spreadsheets contain 'np' (not available for publication) annotations. As a result of changes to production processes, some time series identifiers will be changing. The following publication will be affected: Document Selection These documents will be presented in a new window. Building activity to slump. Housing Industry Association ACT executive director Neil Evans. Photo: Andrew Sheargold Building approvals dropped by more than 10 per cent in the capital over August, bucking the national trend of increasing new home starts.

Renewed concerns for housing affordability have been raised after the ACT recorded 339 dwelling approvals throughout August, in trend terms, down from 380 the previous month. It was a drop of 10.7 per cent, the third consecutive drop according to figures issued by the Australian Bureau of Statistics yesterday. The three months of falling approval numbers followed an increase of 18.3 per cent in April and 8 per cent in May.

Advertisement Nationally the number of dwelling approvals increased 6.4 per cent in August, seasonally adjusted, following a fall of 21.2 per cent in the previous month. ''If we stay in the negative for too long and get an undersupply, that will affect housing affordability and rental prices considerably,'' he said. New Home Sales Hit 15-Year Low. Building activity slumps to year low. The Architecture of Australian Housing - Unconventional Wisdom. After a decade of an almost uninterrupted rise, the Australian housing market is finally easing. Recent media and market commentators, especially from abroad, are suggesting the housing market in Australia is nearing a collapse which will have dire consequences for the banking sector and the broader economy.

At Donnelly Wealth Management it is in our DNA to ensure all facts are considered when making a call that have implications on where we might allocate capital for our clients. The status of the Australian housing market is no exception. Although it is an asset class that most people tend have a significant exposure towards, often both in terms of capital allocated and in terms of local knowledge, it is an asset class where few have a broad yet still detailed overview of the underlying fundamental drivers which are critical to determine the risk-reward profile of the asset class.

In this paper we seek to provide such overview. Hostage of a Commodity Super-Cycle Localized Strains Capital. CONSTRUCTION. ++ Easy money fuels property bubble risks. “If you’re transferring a bursting bubble from the commodity boom into a bubble in the housing market, when it bursts it’s going to be much more catastrophic,” former RBA board member Warwick McKibbin says. Photo: Alex Ellinghausen Jacob Greber Economics correspondent The Reserve Bank of Australia and banking regulators are being warned that low interest rates could reinflate a property bubble, leaving the economy more vulnerable to a crash.

Moody’s Investors Service, which recently conducted stress tests on Australian banks, said that while the banks were currently sound, “you can see issues arising”. “We’re now looking at things perhaps going the other way if you do see a little bit of an increase in [property] prices,” Moody’s senior vice-president Patrick Winsbury told The Australian Financial Review. “The question is how the banks react with new lending.” Unsustainable “50-year emergency lows” The gains equate to an annualised rise of 8 per cent.