Construction Industry News

  • Fletcher Dumps Two Executives in Restructure

    30 October 2014

    Fletcher Building chief executive Mark Adamson has continued with his management team overhaul, dumping two executives in a restructuring of the company's building products and infrastructure products division. more

  • New Home Sales Run Flat

    30 October 2014

    New home sales were flat in September, weighed down by a 2.3 per cent fall in the sale of detached houses. more

  • Why is the Construction Industry OK with Fatalities?

    30 October 2014

    Some 20 years ago the mining industry set a zero target for fatalities and went from being the worst industry to the ‘most improved-performing’ industry when it came to safety. more

  • Stockland’s green bond stirs appetite for more

    30 October 2014

    Stockland stunned the property and capital markets on Friday by announcing Australia’s first green bond, for EUR300 million. According to UBS, which underwrote the sale along with HSBC, the move… more

  • Housing Shortage Good News for Stockland

    29 October 2014

    A flood of foreign investors and a housing supply shortage will combine to deliver a strong real estate market for years to come, property developer Stockland says. more

  • 1000 Homes in ACT Set for Demolition: Asbestos

    29 October 2014

    The owners of more than 1000 asbestos-ridden Canberra homes will be all but forced to sell up and move after the federal government agreed to loan the ACT $1 billion for buybacks and demolitions. more

  • CBD program amendments tabled in Parliament

    29 October 2014

    Amendments to the Building Energy Efficiency Disclosure Amendment Bill 2014 were tabled in Parliament last week as part of a package of amendments to the original BEED legislation – Act,… more

  • Tracking Bridge Health Using BIM

    28 October 2014

    In addition to facilitating the design and coordination of complex building projects, BIM is also being used by engineers to better monitor the heath of vital pieces of infrastructure such as bridges. more

  • Enhancing Roads with Intelligent Compaction

    28 October 2014

    Arizona's Department of Transportation (ADOT) is trialling the use of a new construction technique to improve both the efficiency and durability of the state's roads. more

  • Ultralight Arches Made from Packaging Foam

    28 October 2014

    Researchers from the National University of Singapore (NUS) have developed a new form of ultralight arch that could make it far easier to build large-scale column-free structures such as airport hangars, factories, stadiums, and concert halls. more

  • Carbon disclosure: Who made the A list?

    28 October 2014

    Five Australian property companies and banks have made the Carbon Disclosure Project’s A List: Climate Performance Leadership Index 2014. The list was created at the request of 767 institutional investors… more

  • Forecasts Show Not Enough Classrooms, Hospital Beds

    27 October 2014

    From birth to starting school to working to ageing, our community needs the built environment to support people through many stages of life. 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

  • 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

  • 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

  • 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

  • Govt building site reforms 'will mean' better safety

    22 October 2014

    Reforms announced by the government to rebalance and fine-tune safety regulations in the building and construction industry will lead to better safety outcomes, Master Builders Australia has said in a statement. 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

  • Demand 'seriously' exceeds supply for key building assets

    13 October 2014

    Serious shortfalls or oversupply are expected for key building assets – including hospital beds, office, retail and industrial space plus housing – in communities around Australia, according to new forecasts released by the Australian Construction Industry Forum (ACIF). 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

  • Construction growth hits '9-year high'

    7 October 2014

    The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) increased by 4.1 points to 59.1 in September. more

  • Services sector drops further in September: Aust PSI

    7 October 2014

    A continued decline in engineering construction and manufacturing activity compounded another mediocre month for the services sector. 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

  • Asbestos training funding a 'win-win' for building industry workers

    26 September 2014

    Asbestos Worker Program funding, which can save building and construction industry workers $225 and help them meet the end of year deadline for updating their asbestos qualifications, has been further secured by Master Builders. 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

  • 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

  • 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

  • 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

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