Major expansion approved for Westfield Doncaster
The Victorian Government is ensuring Melbourne remains Australia’s capital for fashion, food and retail with the approval of the masterplan for a $500 million redevelopment at Westfield Doncaster.
Tag: building
1 William Street wins Queensland’s top property honour
A skyscraper that has reshaped the Brisbane skyline has taken out Queensland’s top property award.
Intervention to encourage housing investment necessary
“Lending for the purchase or construction of a new home has fallen to its lowest level since September 2013,” stated HIA’s Chief Economist, Tim Reardon.
Infrastructure investment a highlight of WA budget
The Australian Industry Group WA congratulates the State Government on the work it has done to assist in returning the WA budget to surplus.
Negative gearing changes put $1.8 billion at risk
More than $1.8 billion per year in repair and maintenance work on negatively geared homes will be under threat from Labor’s policy to impose restrictions on negative gearing.
International House wins NSW’s top property honour
Australia’s first engineered timber office, International House Sydney, has picked up the state’s top property award.
Rate cut not the only way to curb housing downturn
“The contraction in the housing market over the past six months has occurred faster and is larger in scale than the contraction experienced after the GFC,” said Geordan Murray, HIA Senior Economist.
Construction underway on new Esperance Indoor Sports Stadium
Local builder Sime Construction started work on the new Esperance Indoor Sports Stadium, with WA Sport and Recreation Minister Mick Murray turning the first sod on the joint WA Government-Shire of Esperance project.
New job-creating development set for Elizabeth Quay
The WA Government has welcomed the partnership between Chevron Australia and Brookfield to develop a new 29-storey multi-use tower at Elizabeth Quay.
Australian PCI®: Construction falls at steeper rate in April 2019
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 3.0 points to 42.6 in April 2019, with a return to growth in engineering construction failing to offset continued declines in housing activity, commercial construction and apartment building work…
Construction starting on new Smith and Bennett Street covered walkways
Construction is starting on the new covered walkways at the Smith and Bennet Street intersections on Tuesday 7 May 2019, as part of the Territory Government’s commitment to cooling and shading Darwin’s CBD.
March 2019 house approvals at five year low
“March (2019) building approvals marked the weakest month for detached house approvals since 2013,” said HIA’s Senior Economist Geordan Murray.