Media Release

 

Development and Housing Set To Boost Employment in Victoria

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UDIA (VIC)

The Urban Development Institute of Australia (Victoria) today said the increased building activity in Victoria will boost employment and confidence in the Victorian economy.
   

Boost in Confidence a Key to Building a Better Victoria

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UDIA (VIC)

Whilst policy settings by the Victorian Government, such as the recent re-alignment of the first home buyers grant to the construction of new homes and apartments, the reduction of stamp duty and historical low interest rates are in place, the missing part of the jigsaw to recovery in the housing market is consumer confidence, the Urban Development Institute of Australia (UDIA) said today.

   

Strong Economic Future for South East of Melbourne

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UDIA (VIC)

The Urban Development Institute of Australia (UDIA) today said that Melbourne's south east, with the municipalities of the City of Greater Dandenong, Frankston and the Mornington Peninsula, located strategically between Westernport and Port Phillip, is set for a strong economic future.

   

New Home Starts Major Key to Victoria's Economic Recovery

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UDIA (VIC)

The commencement of new homes in Victoria in the next three years will be a major key to Victoria's economic recovery and employment, the Urban Development Institute of Australia (UDIA) said today.

   

Long Recovery Forecast for Property Market

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UDIA (VIC)

The performance of Melbourne's greenfield market in the March quarter of 2013 has improved slightly from its cyclically-low through late 2012. The Melbourne market remains far weaker than its peak in 2009-10 which contrasts to all other major capital cities which are now demonstrating near-peak performance.

   

UDIA Budget Response

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UDIA (VIC)

Targeted Use of First Home Buyer Grant in Budget to Boost Housing Starts
   

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