Construction Industry News

  • Investors Warned of Housing Bubble Risks

    27 March 2015

    Property investors are being warned to tread carefully amid fears that overinflated house prices could drop in some areas, leaving them high and dry. more

  • London Gets Bigger Expanding South of the Thames

    27 March 2015

    Many Londoners aren't aware of it but the city is in the midst of a massive transformation that will turn a once-undesirable area south of the Thames into a thriving residential and commercial district within five years. more

  • Is Australian Corporate Tax Too High?

    27 March 2015

    Australian companies are taxed too highly, and politicians need to realise it's harming the economy, according to Rio Tinto chief executive Sam Walsh. more

  • Treasury Says Corporate Tax Cut Good for Workers

    27 March 2015

    A top Treasury official says a cut in the company tax rate would attract more capital investment to Australia, but it does raise other problems. more

  • RBA Eyes Commercial Property Risks

    27 March 2015

    It's not just the housing market that has the Reserve Bank of Australia worried. more

  • Drug testing 'important' for construction safety

    27 March 2015

    The CFMEU's belated commitment to consistent calls for the acceptance of mandatory drug and alcohol tests on building sites is welcome but raises questions about the sincerity of the CFMEU in its call for mandatory testing, according to Master Builders Australia. more

  • Industry 'strongly supports' Construction Industry Amendment Bill 2015

    27 March 2015

    "Industry strongly supports the Construction Industry Amendment (Protecting Witnesses) Bill 2015 which was introduced into Parliament late yesterday (25 March)," Australian Industry Group Chief Executive Innes Willox has asserted. more

  • ACCC Probes Iron Ore Cartel Concerns

    26 March 2015

    Calls by Andrew "Twiggy" Forrest for Australia's biggest iron ore miners to cap production are being investigated by the competition watchdog amid concerns about potential cartel behaviour. more

  • WA Will Not Hike Mineral Royalty Rate

    26 March 2015

    There will be no changes to mineral royalty rates in this year's West Australian state budget, and questions are now being raised about cash already booked for the revenue source. more

  • Growing Gap Between Wages and House Prices

    26 March 2015

    The growing gap between what Australians earn and what they're paying for property will become a concern if it continues for much longer, analysts say. more

  • Perth Council Votes to Demolition of $70m Mansion

    26 March 2015

    Plans to demolish Perth's infamously unfinished mansion, dubbed the Taj Mahal on the Swan, will be fought by the owners who still plan to live there one day. more

  • RBA Concerned Over Potential Housing Bust

    26 March 2015

    The Reserve Bank fears that the huge demand among property investors for Australian homes could ultimately cause prices to slump. more

  • Ken Morrison: on the Property Council V2

    26 March 2015

    Ken Morrison is about to notch up his first year as chief executive of The Property Council of Australia this April. Many people must have wondered how he would fill… more

  • 4 Top Safety Ideas When Working at Heights

    25 March 2015

    As a rule, heights and humans don't mix, largely due to a rather inconvenient phenomenon called gravity. When your workers are required to confront gravity with above ground work, it's your job to ensure they are still above ground at the end of each shift and return home safely to their families. more

  • The Defit Blog – Facilitating clearer decision making for building owners

    24 March 2015

    One of the biggest scandals in the property industry is the rampant waste of defits when tenants move offices. Furniture and fittings are typically sent to landfill, despite often having… more

  • Case study: Legal eagles keep it green

    24 March 2015

    The fitout at law firm Corrs Chambers Westgarth’s new Brisbane office at One One One Eagle Street had to meet some strict sustainability guidelines in keeping with the building’s 6… more

  • Matthew Smith and Shaun Schroter join Architectus

    24 March 2015

    Multidisciplinary architecture practice Architectus has announced senior appointments of Matthew Smith and Shaun Schroter to its Melbourne studio as principals. “It is with absolute pleasure that we welcome Matthew and… more

  • Active building management pays off for Auckland’s NZI Centre

    23 March 2015

    The NZI Centre in Auckland has credited active building management for boosting its NABERSNZ rating from five stars to 5.5 out of a possible six – the highest score achieved… more

  • Industry and Science portfolio cuts almost $220 million in red tape

    20 March 2015

    Action to cut red tape has delivered almost $220 million to Australian businesses in the Industry and Science portfolio, according to the Australian Government. more

  • How to encourage team members to take ownership of goals

    19 March 2015

    You can see it. It's there, but it's not quite there. It's happening, but somehow it's only sort of happening. It's getting success, but it's not giving anyone real satisfaction. more

  • Topped-off: billion dollar QLD trading area receives roof upgrade

    17 March 2015

    More than one billion dollars' worth of fresh produce traded annually at the state's largest wholesale fruit and vegetable marketplace will receive greater protection thanks to a ten million dollar roofing project. more

  • NMW 2015 a catalyst for industry growth

    17 March 2015

    Registration is now open for National Manufacturing Week 2015 (May 26 - 29, Melbourne), Australia's biggest – and longest-running – manufacturing industry event. more

  • Builders call on cross bench senators to stand up to thugs and bullies

    16 March 2015

    Peak building and construction industry body Master Builders Australia has issued a challenge to the Senate crossbench to re-establish the powers of the Australian Building and Construction Commission (ABCC). more

  • More for Less The economic benefits of better procurement

    10 March 2015

    Consult Australia engaged Deloitte Access Economics to undertake a study into the economic value of better procurement practices by public sector agencies undertaking infrastructure procurement. This document is a summary of the study’s key findings. more

  • New Trilateral Agreement between Australia, Canada and New Zealand

    10 March 2015

    The Architects Accreditation Council of Australia (AACA) has announced a new Trilateral Agreement that enables the mutual recognition of experienced registered architects in all three countries. more

  • Urban Infrastructure Investment To Lift Future Productivity

    10 March 2015

    Increased investment in infrastructure has been emphasised as an essential underpinning of future productivity and living standards according the Intergenerational Report released today,” Wilhelm Harnisch, CEO of Master Builders Australia said. more

  • Intergenerational Report Highlights Importance Of Skilling And Upskilling For An Aging Workforce

    10 March 2015

    The Intergenerational Report outlines the challenge of encouraging greater participation in the workforce as Australians live longer and healthier. “Innovative approaches will be needed to both skilling and up skilling to ensure the building and construction industry can attract more young people to careers in our industry while dealing with the challenge of an increasing number of aging workers,” Wilhelm Harnisch CEO of Master Builders Australia said. more

  • Building approvals set new record

    10 March 2015

    Data from the Australian Bureau of Statistics shows building approvals in January continued to rise for the eighth consecutive month, increasing 1.3 per cent. In seasonally adjusted terms, the estimate rose 7.9 per cent to 19,282 dwellings, the Australian Bureau of Statistics (ABS) said. more

  • IGR4, Australia's ageing population and equity

    10 March 2015

    While the federal government last week released the fourth intergenerational report, its forecast of what Australia will be like four decades from now, new figures show retirement villages already save the budget over $2 billion in health costs. more

  • Calibration bench to optimise torque wrench performance

    10 March 2015

    Cooper Fluid Systems Mount Isa has introduced their new Enerpac calibration bench to optimise their hydraulic torque wrench safety, accuracy and reliability while saving customers time and money. more

  • Softer conditions continue in construction: Australian PCI

    6 March 2015

    The national construction industry contracted for a fourth consecutive month in February, with the Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) falling by 2.0 points to 43.9. more

  • Intergenerational report heralds the 'age of the senior'

    5 March 2015

    The release of the Intergenerational Report confirms the Government's continued intention to cut the age pension, and highlights the need for more focus on combating age discrimination and having a more dynamic workforce participation policy. more

  • Services sector expands for first time in a year: Australian PSI

    4 March 2015

    The services sector expanded for the first time in 12 months in February, with the Australian Industry Group Australian Performance of Services Index (Australian PSI) improving by 1.8 points to 51.7. more

  • Industry review: The UK Concrete Show

    2 March 2015

    IndustrySearch visited the UK Concrete Show between 25th and 26th February at the National Exhibition Centre in Birmingham, UK, where we discovered some exciting new innovations. more

  • Risky business: the safest and riskiest industries in 2015-16

    26 February 2015

    As the Australian economy enters a period of uncertainty characterised by falling capital expenditure on mining, a shrinking manufacturing sector and soft consumer spending, IBISWorld highlights the safest industries and those at greatest risk. more

  • Top Tips for a Safer Construction Site in 2015

    23 February 2015

    Construction sites are notoriously dangerous places, not just for those who work there; even passers-by are occasionally in the wrong place at the wrong time. more

  • Knowledge lost as older workers leave workforce

    23 February 2015

    According to a report on older workers, less than a quarter of the respondents to a survey of human resource professionals say that their organisation takes routine steps to capture the knowledge of workers as they transition out of the workforce. more

  • How to create a positive construction site environment

    20 February 2015

    Construction sites are intrinsically stressful places to work with a stockpile of daily deadlines and all kinds of skilled and unskilled workers to mastermind through onsite issues and weather delays. more

  • How to create a positive work environment

    18 February 2015

    First a disclaimer: this headline is not suggesting your workplace isn't a positive place already. more

  • Important changes to manufacturing requirements for safety anchors

    16 February 2015

    Important changes to manufacturing requirements for single-point anchor devices for harness-based work at height are now in effect. more

  • Productivity lift needed to 'protect living standards'

    13 February 2015

    Lifting productivity must become a priority in 2015 or gains in our standard of living could be significantly eroded as the terms of trade continue to decline and our population ages, according to CEDA's 2015 Economic and Political Overview. more

  • 'Three speed’ office market a window into national economy

    11 February 2015

    Office market vacancy rates rarely make headlines, however as economic indicators go, they offer a unique insight into what is happening at the coal face of the Australian economy, and the current view is of a deeply fragmented level of economic performance across the states and territories. more

  • New convention centre will deliver economic dividends

    11 February 2015

    Canberra’s property industry welcomes a new report that finds a world-class convention centre will deliver economic dividends. The report, Australia Forum – and its potential economic benefits, was prepared by EY on behalf of the Canberra Business Chamber and Canberra Convention Bureau. more

  • Retail vacancy rates continue downward trend

    11 February 2015

    The second half of 2014 saw retail vacancy rates continue to decline, signalling a gradual improvement in leasing markets, according to JLL Research. Figures show average specialty store vacancy rates fell across all retail categories and states in the second half of 2014, with JLL’s six-monthly survey revealing a decline of the national average to 3.2 per cent in December, down from 3.6 per cent in June. more

  • Apprenticeship System Vital To Increased Productivity, Growth And Jobs

    11 February 2015

    Master Builders Australia welcomes the Assistant Education Minister, Senator the Hon. Simon Birmingham’s reinforcement of the Government’s commitment to an apprenticeship system that meets the needs of industry and provides enhanced pathways to rewarding careers for young people. more

  • Backyard innovation supports architectural icon

    11 February 2015

    The building of Frank Gehry’s latest jaw-dropping design in Sydney has involved some innovative structural engineering to support the unconventional brick facade. The newly opened Dr Chau Chak Wing Building at the University of Technology Sydney (UTS) has an engineering innovation conceived in a suburban garage to thank for its structural integrity. The 14 storey brick building resembling a “crumpled paper bag” has divided critics, like much of Gehry’s work. With its rippling facade and angled columns, the building presented structural engineering challenges for the AECOM team responsible for coming up with a solution. more

  • Property to drive economic growth in 2015: new figures

    23 January 2015

    Australia’s property industry is emerging as the main driver of economic growth and increased employment in the transition away from a decade-long reliance on mining, according to new figures released today. The latest ANZ/Property Council Survey shows residential construction activity is expected to remain one of the highest of all sectors over the next twelve months. The quarterly survey is one of the largest measures of business confidence in Australia. Now in its third year the current issue canvassed the views of 1,955 respondents during the first two weeks of December 2014. more

  • Property industry confidence spells good news for broader economy

    16 October 2014

    Australia’s property industry plans to hire more staff and increase construction activity, despite some mixed levels of confidence across the country. The ANZ/Property Council Survey shows overall confidence rose four points to 135 this quarter – with increases in NSW, Queensland and Victoria offsetting falls in Western Australia, Tasmania and the Northern Territory. Property Council Chief Executive, Ken Morrison, said the results boded well for the broader economy. more

  • Master Builders Welcomes Extension Of Trade Union Royal Commission

    8 October 2014

    “Master Builders Australia welcomes the Government’s granting of an extension to the Royal Commission into Trade union Governance and Corruption,” Wilhelm Harnisch CEO of Master Builders Australia said. “The Royal Commission has so far revealed evidence of widespread instances of physical and verbal violence, secondary boycotts of contractors and suppliers and cartel behaviour in the construction industry,” he said. more

  • Ramping up the Rhetoric

    7 October 2014

    The corporate world will pack Newcastle City Hall later this week for October Hunter Lunch to test which by-election candidate has the best policy platform for revitalisation of the city centre. The Property Council’s NSW Regional Director, Andrew Fletcher, said today "The certainty provided by the new planning controls is fuelling a $1 billion pipeline of investment which includes modern green buildings and stunning heritage restorations" more

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