construction Archives - Get Building

Australian PCI®: Year ends with weakest construction performance since May 2013

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell 1.1 points to 38.9 in December, 2019 with deteriorating indices for activity, new orders and supplier deliveries contributing to the lowest Australian PCI® result in six and a half years (readings…

Jan 8, 2020

News

Bringing People into the CBD & Creating Jobs: Milestone at Manunda Place

Works continue to progress at Manunda Place, with the job creating project now at 60% complete having reaching its top out, or maximum height.

Dec 30, 2019

News

Peak constructors body elects new-look executive team

The Australian Constructors Association (ACA) has announced the appointment of Annabel Crookes (Laing O’Rourke) as a Director of the Board and the first female Vice President on the national association’s executive team.

Dec 18, 2019

GDP headline conceals declining housing construction

The lift in GDP for the September 2019 quarter is welcome, but conceals a worrying decline in housing construction which will undermine housing supply and affordability for our growing population.

Dec 5, 2019

Where and when is the infrastructure spending coming online?

“The impact of the credit squeeze that caused the rapid deterioration in building conditions over the past 18 months is evident in today’s construction data,” stated Angela Lillicrap, HIA Economist.

Dec 3, 2019

News

Boost to infrastructure spending will create jobs and stimulate activity across the economy

“Ai Group welcomes reports that the federal government will boost infrastructure spending over the next few years. Extra infrastructure work will create new jobs and will lift demand for the wide range of products and services supplied to the engineering construction industry. These impacts can…

Nov 27, 2019

fencing construction temporary fencing stock image

Australian PCI®: Construction decline eases as house building approaches stability

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) climbed 1.3 points to 43.9 in October (2019), indicating a slight easing in the construction industry’s overall rate of contraction (readings below 50 indicate contraction in activity, with the distance from 50…

Nov 7, 2019

Smashing all records

“The amount of commercial building approval surged during August (2019) to record its strongest ever monthly performance,” Master Builders Chief Economist Shane Garrett said.

Oct 18, 2019

Prefabricated & tilt-up safety guide

Safe Work Australia has developed a guide on the safe use of prefabricated, tilt-up and concrete elements.

Oct 18, 2019

Interest rate cuts starting to support home building

“We could be seeing the early signs of the positive impacts from recent policy stimulus with lending for both new and existing homes up for the month and the quarter,” stated HIA Economist, Tom Devitt.

Oct 10, 2019

Australian PCI®: Construction continues to decline in September 2019

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped 2.0 points to 42.6 in September (2019), indicating a sharper rate of decline as the construction industry recorded a 13th consecutive month in contraction (readings below 50 indicate contraction in activity,…

Oct 8, 2019

Housing market warms up but home building still cooling

“There may have been positive developments in the broader housing market since mid-year but both the HIA New Home Sales Report and ABS building approvals figures show that new home builders were still feeling the winter chill in August (2019) ,” stated HIA Senior Economist…

Oct 2, 2019