Construction Industry News

  • Foreign Worker Plan to Boost Aussie Jobs

    3 September 2014

    A new program allowing foreign workers to fill regional skill shortages will boost rather than undercut jobs for Australians, the government insists. The post Foreign Worker Plan to Boost Aussie Jobs appeared first on Sourceable Industry News. more

  • Construction Boom Won’t Save Australian Economy: BIS

    3 September 2014

    The current boom in housing construction and a likely uptick in commercial building and infrastructure investment are unlikely to save the Australian economy from its weakest four year period of domestic activity since the 1990s recession, a new forecast says. The post Construction Boom Won’t Save Australian Economy: BIS appeared first on Sourceable Industry News. more

  • Fall in Mining Investment Impacting Construction

    2 September 2014

    Falling mining investment is likely to be a considerable drag on economic growth in the June quarter. The post Fall in Mining Investment Impacting Construction appeared first on Sourceable Industry News. more

  • 30 New Dams Shortlisted for Australia

    2 September 2014

    Tony Abbott has received a shortlist of 30 potential dam projects from a ministerial task force headed by Agriculture Minister Barnaby Joyce, as part of efforts to make good on the Coalition's infrastructure campaigning during the last federal election. The post 30 New Dams Shortlisted for Australia appeared first on Sourceable Industry News. more

  • Australia Construction Trends

    1 September 2014

    Construction figures on Wednesday summed up the economy's "rebalancing" pretty well, with activity fading in the sector dominated by mining, and picking up elsewhere, especially in home building. The post Australia Construction Trends appeared first on Sourceable Industry News. more

  • Australian Construction Apprenticeship System in Crisis: Report

    1 September 2014

    The apprenticeship system within the Australian construction industry is in a state of crisis, according to a report prepared for the nation’s peak building union. The post Australian Construction Apprenticeship System in Crisis: Report appeared first on Sourceable Industry News. more

  • Victoria Stamp Duty Cut to Help First Home Buyers

    1 September 2014

    Victorian first home buyers will receive a 50 per cent discount on stamp duty as of Monday. The post Victoria Stamp Duty Cut to Help First Home Buyers appeared first on Sourceable Industry News. 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

  • Adelaide Brighton Suffers 15% Profit Drop

    29 August 2014

    Building materials maker Adelaide Brighton's half year profit has fallen and it expects demand for cement to remain subdued. The post Adelaide Brighton Suffers 15% Profit Drop appeared first on Sourceable Industry News. more

  • US Building Materials in Plentiful Supply Despite Housing Surge

    29 August 2014

    A new survey suggests that building materials in the United States remain in plentiful supply despite the fact that land and labour are becoming more difficult to find. The post US Building Materials in Plentiful Supply Despite Housing Surge 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

  • 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

  • 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

  • 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

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