Construction Industry News

  • Google Defends Fibre Cables from Shark Bites

    22 August 2014

    Google has adopted extreme measures to defend its undersea fibre optic cables from the depredations of the ocean's greatest and most iconic predator - the shark. The post Google Defends Fibre Cables from Shark Bites appeared first on Sourceable Industry News. more

  • Property Developer Keen on Queensland

    21 August 2014

    Property developer Cedar Woods is hoping prospective homeowners in Queensland will bolster its bottom line. The post Property Developer Keen on Queensland appeared first on Sourceable Industry News. more

  • Self-climbing Platform Destroys Nuclear Chimney

    20 August 2014

    An ingenious demolition technique is being used to remove the tallest structure at Europe's oldest nuclear facility. The post Self-climbing Platform Destroys Nuclear Chimney appeared first on Sourceable Industry News. more

  • Fletcher Building’s Profits $339m

    20 August 2014

    Fletcher Building, the biggest company on the NZX 50 Index, posted a 4 per cent gain in full-year profit, saying strong underlying earnings growth was masked by the impact of a high kiwi dollar and one-time charges against assets sales. The post Fletcher Building’s Profits $339m appeared first on Sourceable Industry News. more

  • US home construction jumps 15.7 per cent

    20 August 2014

    US home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines. The post US home construction jumps 15.7 per cent appeared first on Sourceable Industry News. more

  • Eight Steps to Greater Housing Affordability: Master Builders

    20 August 2014

    Local councils would receive national competition style payments to improve supply of releasable land and speed up approval processes and would be required to maintain rolling 10-year land release schedules under an eight point plan being put forward by a leading building industry lobby group. The post Eight Steps to Greater Housing Affordability: Master Builders appeared first on Sourceable Industry News. more

  • Perth Spends $3 Billion on Transport Infrastructure

    19 August 2014

    The Western Australian government hopes to foster the growth of the eastern suburbs of Perth with $3 billion in infrastructure spending. The post Perth Spends $3 Billion on Transport Infrastructure appeared first on Sourceable Industry News. more

  • Is Your System Compliant with New Fall Arrest Anchor Point Standards?

    15 August 2014

    The heart of a fall arrest system is its anchorage point. The post Is Your System Compliant with New Fall Arrest Anchor Point Standards? appeared first on Sourceable Industry News. more

  • IKEA Advances Renewable Energy Focus with Tempe Project

    15 August 2014

    Swedish retail giant IKEA has committed to using only renewable energy by 2020, and solar photovoltaic installations are a key component of the company’s strategy. The post IKEA Advances Renewable Energy Focus with Tempe Project appeared first on Sourceable Industry News. more

  • Sydney and Melbourne bypass the post-mining malaise

    7 August 2014

    The Sydney and Melbourne office markets continue to perform strongly despite national office market vacancy rates rising over the past six months, according to the Property Council of Australia’s latest Office Market Report. The report shows the Australian CBD vacancy rate increased from 10.4 per cent in January 2014 to 10.7 per cent in July 2014, but vacancies in Sydney and Melbourne fell off the back of good demand for more office space. more

  • Property industry confident for the future

    11 July 2014

    Property industry confidence remains high despite falling expectations for Australia’s national economic growth. The Property Council/ANZ Property Industry Confidence Index to September 2014 shows property industry confidence remained steady at 131 points compared to 132 last quarter. Property Council of Australia Acting Chief Executive, Glenn Byres, said the September quarter expectations reveal an industry confident about its future, despite low expectations for national economic growth. more

  • Housing Recovery Stays On Track

    11 July 2014

    “The nearly 10 per cent, seasonally adjusted, rise in the latest Building Approvals shows that the building and construction industry is well placed to be the major engine of growth and jobs as the economy adjusts to the decline in engineering construction in the mining sector”, Wilhelm Harnisch CEO of Master Builders Australia said. more

  • Master Builders Calls For Urgent Reform Of Right of Entry

    29 June 2014

    Master Builders Australia has called for urgent reform of the right of entry workplace laws to redress the current imbalance which favours unions. Master Builders Australia made the call in an address by National Director of Industrial Relations, Richard Calver to the Industrial Relations Conference 2014. more

  • Property Council of Australia: NSW Geared up for growth

    24 June 2014

    The NSW Budget positions the state for sustained economic growth based on a robust infrastructure spend and thriving property market, according to the Property Council of Australia. The Property Council’s members finance, own, manage and develop major office, retail, industrial, hotel, residential and retirement living assets across NSW. more

  • Peter Verwer: Fare thee well

    24 June 2014

    For more than two decades, this magazine’s editorial Zeitgeist was tuned to the virtues of our industry’s animal spirits. A prosperous society is built by risk-taking entrepreneurs and, let’s not be shy, buccaneering grit. We’ve criticised governments when they determine to assemble rickety policy scaffolds rather than trust citizens to build opportunity. We’ve also criticised them for stunting individual and mercantile liberty. Nevertheless, we’ve always recognised that free markets don’t mean a free-for-all. more

  • This week's top stories from Building On Air

    15 May 2014

    This week's Building on Air top stories: Removing Silos Boosts Construction Productivity Recycled Cathode Ray Tubes Transformed into Tiles Sydney Shopping Centre First in Country to Sign Up for Green Star Performance Rating more

  • Peter Barda: policy and investment uncertainty affecting construction outlook

    14 May 2014

    The latest Australian Construction Industry Forum market report shows an upswing in activity across many states, however according to ACIF executive director Peter Barda, the industry remains volatile in response to shifts in government policy and wider business trends. more

  • Budget Must Boost Home-Buyer’s Confidence To Safeguard Residential Building Recovery

    7 May 2014

    “Building Approvals data highlight the importance of the Federal Budget boosting business confidence as a key priority, in addition to providing a pathway to structural budget repair,” Peter Jones Chief Economist of Master Builders Australia said.  “The recovery in residential building remains on track and the 3.5 per cent, seasonally adjusted fall in approvals is in line with expectations,” he said. more

  • CommSec: construction is the next sector set to boom

    19 April 2014

    FORGET mining, the next boom industry in the Australian economy will be much closer to home. That’s according to CommSec chief economist Craig James, who said construction will pick up the baton from mining to become the driving force behind Australia’s economy in the next few years. more

  • Property industry confidence moderates from record high

    17 April 2014

    Australia’s property industry confidence has moderated as the industry awaits the Federal Government’s economic strategy. The Property Council/ANZ Property Industry Confidence Index to June 2014 shows property industry confidence dropped eight points to 132 from a record high of 140 points. more

  • Latest Housing Finance Data Confirms Positive Trend

    17 April 2014

    “The latest home lending statistics remain positive and shows that confidence in the residential building recovery remains strong,” Wilhelm Harnisch CEO of Master Builders Australia said. “The latest data released by the ABS today records a 2.3 per cent rise, seasonally adjusted in February 2014. While the total numbers of home lending and home lending for new housing were not as strong at just under 1 per cent seasonally adjusted, the trend remains positive with a  20 per cent increase over the year,” he said. more

  • CFMEU Contempt Judgement Reinforces Need For ABCC

    31 March 2014

    The $1.25 million penalty imposed on the CFMEU for contempt of court over its violent blockade of the Grocon Myer Emporium site highlights that the union’s officials do not behave like normal people or see themselves bound by the rule of law like everyone else,” Wilhelm Harnisch CEO of Master Builders Australia said. “The Victorian Supreme Court judgement also reinforces the urgent need for the restoration of the Australian Building and Construction Commission (ABCC) to suppress acts of industrial thuggery,” he said. more

  • Not enough building blocks

    6 March 2014

    The construction industry is expected to need an extra 45,000 workers in the course of the next three years but there are questions about whether current training schemes and redeployment from the resources sector will be enough to meet this need. The construction industry has had it tough over the past five years. Following the 2008–9 financial crisis, construction slowed dramatically and workers in the industry sought employment elsewhere, many in the resources sector. Now, with signs of a property recovery, analysts and industry groups are concerned a skills shortage is looming. more

  • Property Chief Retires

    6 March 2014

    Longstanding Property Council CEO, Peter Verwer, has announced his retirement from the nation’s leading property investment advocacy body. Mr Verwer, who took over the Property Council reins in 1992, is leaving the trade organisation to explore international opportunities. more

members

  • Australian Institute of Building
  • Property Council of Australia
  • Australian Constructors Association
  • Engineers Australia
  • Australian Institute of Building Surveyors