Construction Industry News

  • Australia Building 30,000 Fewer Homes than Needed Each Year

    23 October 2014

    Despite the current boom in housing construction, new projections suggest Australia’s long-run average annual rate of new home building could be almost 30,000 dwellings short of what is needed to meet future demand. The post Australia Building 30,000 Fewer Homes than Needed Each Year appeared first on Sourceable Industry News. more

  • Views on Commercial Building Disclosure sought

    23 October 2014

    The Department of Industry is calling for input into the review of the Commercial Building Disclosure program. Two workshops with reviewer ACIL Allen Consulting will occur in Sydney and Melbourne… more

  • Product non-compliance endemic in construction industry

    23 October 2014

    The percentage of waste on all construction projects is around 30 per cent, according to experts, and a major contributor is the poor quality and non-compliant construction products and materials… more

  • Property Council restructure loses Caryn Kakas and opens two new roles

    23 October 2014

    The Property Council has restructured to bump up its efforts in media and government. But the cost has been the role of  Caryn Kakas, head of external and government affairs.… more

  • Tonsley Park and Kingston Foreshore show the power of regenerative landscapes

    23 October 2014

    At Tonsley Park in Adelaide and at the Kingston Foreshore in the ACT James Hayter of landscape architecture and urban design practice Oxigen shows the degree of transformation that is… more

  • Don’t Expect Payment, if You Don’t Expect Payment

    22 October 2014

    Before you try to work out what I mean by that title, I shall explain. The post Don’t Expect Payment, if You Don’t Expect Payment appeared first on Sourceable Industry News. more

  • Construction Credit Demand Blooms

    22 October 2014

    The economy may be growing at a faster clip than many are predicting. The post Construction Credit Demand Blooms appeared first on Sourceable Industry News. more

  • Fletcher Aims to Triple NZ Home Building

    21 October 2014

    Fletcher Building wants to triple its home building in New Zealand to capitalise on strong demand for housing, particularly in Auckland and Christchurch. The post Fletcher Aims to Triple NZ Home Building appeared first on Sourceable Industry News. more

  • Don’t Kill Australia’s Housing Recovery by Pulling the Wrong Levers

    21 October 2014

    There is a lot of talk about housing property bubbles and the risk of a major pricing correction. The post Don’t Kill Australia’s Housing Recovery by Pulling the Wrong Levers appeared first on Sourceable Industry News. more

  • First Green Star ratings awarded for rail stations under custom tool

    21 October 2014

    Five Victorian rail stations have been awarded 4 Star Green Star Custom Design certification by the Green Building Council of Australia. The GBCA worked with the Regional Rail Link Authority… more

  • Esther Bailey: behind the scenes with the terra-formers

    21 October 2014

    City of Sydney’s Esther Bailey recently won the Acoustic Logic Award for Contribution to Sustainability at the annual National Association of Women in Construction NSW Awards for Excellence. Ms Bailey… more

  • Here comes politics-free green property bonds to lend a big hand

    21 October 2014

    The Climate Bond Initiative’s Green Property Working Group has finalised its consultation on the criteria for the Climate Bond Standard for Green Property, and the appetite including commercial buildings, residential… more

  • Victorian government proposing rule change for commercial property sales and leasing

    21 October 2014

    The Victorian government is proposing to remove the requirement for the sale or leasing of large commercial properties to be carried out by a licensed real estate agent. The reforms… more

  • Qld:Girl’s Fall no Shock to Safety Group

    20 October 2014

    A children's safety group says a four-year-old girl's fall from a Gold Coast high-rise building should act as a wake-up call over the safety of many balconies and balustrades. The post Qld:Girl’s Fall no Shock to Safety Group appeared first on Sourceable Industry News. more

  • GBCA releases new Design and As Built tool

    20 October 2014

    The Green Building Council of Australia has released the new Green Star Design & As Built tool, which it says is the most significant update to Green Star since its… more

  • Advances in Paint Good for Buildings and People

    17 October 2014

    Paint is both a functional and aesthetic element of the built environment. Improved paint technology offers a variety of functional advances, including structural reinforcement and better indoor air quality. The post Advances in Paint Good for Buildings and People appeared first on Sourceable Industry News. 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

  • Huge Opportunities for Modular Building Industry

    16 October 2014

    Significant opportunities lay before the modular building and off-site construction sector in Australia, according to the director of an international project management firm for the offsite manufacturing and modular bathroom industry. The post Huge Opportunities for Modular Building Industry appeared first on Sourceable Industry News. more

  • Foreigners Buy One in Six Australian Homes

    16 October 2014

    Foreign buyers are flocking to buy Australian property, snapping up one out of every six new homes - and that number is set to get higher. The post Foreigners Buy One in Six Australian Homes appeared first on Sourceable Industry News. 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

  • Strong housing activity and strong financial system not mutually exclusive

    30 September 2014

    The RBA needs to exercise caution before introducing macro-prudential reforms which may give rise to unintended outcomes according to the Property Council of Australia. Prudent management of Australia’s financial system need not dampen strong levels of activity in the residential market if the right policy levers are chosen. more

  • Australian economy battels on

    5 September 2014

    ABS figures for economic growth released today show that the economy continues to defy more pessimistic forecasts, said the Housing Industry Association, the voice of Australia’s residential building industry. During the June 2014 quarter, the economy grew by 0.5 per cent and was 3.1 per cent higher than the same quarter of 2013. The largest single contribution to growth came from the volatile inventories component, with stock accumulation by firms adding significantly to the growth figure. In contrast to recent quarters, international trade sliced a considerable chunk off the economic growth rate. “The fact that today’s… more

  • Foreshore crucial to Sydney: PCA

    31 August 2014

    The prospect of more integrated planning around Sydney Harbour’s foreshore will benefit the entire city, according to the Property Council of Australia. The Property Council’s members the vast bulk of commercial office, retail and hotel assets in the CBD and fringing the waterfront. "Sydney’s capacity to effectively manage sensible development and public domain outcomes is crucial to the city’s success," NSW Executive Director Glenn Byres said today. more

  • New sustainability giant for Australia

    31 August 2014

    The largest sustainability service provider in Australia is set to be created with a move by Ernst & Young Australia (EY) to acquire sustainability consulting firm Net Balance. Net Balance will be added to the Climate Changes and Sustainability Services wing of EY’s Assurance practice. Net Balance founder and director, environmental engineer Terence Jeyaretnam said the combined EY and Net Balance team would be the largest sustainability service provider in Australia. “We see the combined team as being a leader in the sector, both in Australia and as we expand into the Asia Pacific region,” Jeyaretnam said. more

  • Senate Must Seize Chance To Back Sensible IR Reform

    31 August 2014

    The passing of the Government’s Fair Work Amendment Bill through the House of Representatives gives the Senate the opportunity to demonstrate that it is in support of sensible and balanced industrial relations reforms that will help boost economic and jobs growth. “Master Builders urges the cross bench Senators to seize this chance to back the Bill’s balanced productivity reforms which for the building and construction industry means it can increase its productivity and create jobs,” Wilhelm Harnisch, CEO of Master Builders Australia said. 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

  • 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

  • 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

  • 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

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