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Mortgage Managers may get special exceptions. In December last year, the Labor Government announced plans to ban exit fees on new home loans from July 1, 2011, in response to outrage of the major banks lifting rates above RBA rates. At that time I thought it was a bad idea for home buyers and homeowners [...]

New land lots to cost less In a bid to get the home building industry back on its feet, the Queensland Government will cap its Infrastructure Charges at $28,000 for a three or more bedroom home, with one or two bedroom homes capped at $20,000. It had been a core demand by home builder groups [...]

As the HIA advocates more Government handouts to stimulate the home building industry I wonder “has Australia’s peak housing body has lost its way?” The IMF are now saying that Government incentives, Stimulus packages and low interest rates hurt home builders and home owners because they disrupt housing sustainability. That is, they are the cause [...]

Qld home builders have seen home buyers disappear as first home buyers stay away. A lot of home builders are hurting right now, especially in Queensland, where the sale of new homes could be 20% down on 2010, itself a down year. Whilst first home buyers have not been a major force in new home [...]

Clouds reflect solar radiation back into space. Whiter clouds reflect more solar energy back into space, cooling the Earth. So the science says. Cloud whitening is just one of a range of strategies known as “geoengineering”. Can this science it make Australia a cooler more comfortable place to live in and help us reduce carbon [...]

Interest Rates stay as they are as the RBA steers Australia through a turbulent time. The housing Industry would have breathed a sigh of relief yesterday afternoon as the RBA board decided to leave interest rates unchanged for what is now a record period under RBA Governor, Glenn Stevens. Arab Nation unrest together with the [...]

Home builders australia wide are doing it tough as home buyers shun high land prices. Land prices have hit the ridulous in Queensland, and this is where the pain for the construction industry is worst. There is no other reason but too higher land prices that I can see for people to stop wanting to [...]