New Fremantle Traffic Bridge funded in State Budget
The Fremantle Traffic Bridge over the Swan River, originally built in 1938 as a temporary structure, is finally set to be rebuilt, creating 1,500 jobs.
Category: Building
Built environment can drive energy efficiency gains
Greater energy efficiency gains in the built environment is the big opportunity hiding in plain sight to help Australia meet its emissions reduction targets and cut energy costs for households and businesses.
Melbourne dominates hotspots in cooling housing market
“Melbourne has once again dominated this year’s (2019) HIA Hotspots Report, with 12 of Australia’s Top 20 building growth areas all located around Victoria’s capital,” said HIA’s Chief Economist, Tim Reardon.
Construction downturn shows some signs of easing in March 2019
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 1.8 points to 45.6 in March 2019, indicating a slight easing in the construction industry’s aggregate rate of contraction (readings below 50 indicate contraction in activity, with the distance from…
ANZ Property Council industry confidence survey June 2019 quarter
A six-year low in property industry confidence levels underscores Treasury’s budget warnings about the risks to the economic outlook from a further deterioration in the housing sector.
Increasing speed & precision in bricklaying using augmented reality
Does the future of intricate architectural bricklaying sit with augmented reality?
Pipeline of building work continues to shrink
“Access to finance continues to constrain lending for the purchase of a new home,” said Tim Reardon, HIA’s Chief Economist.
Labor’s Budget Reply
“Master Builders welcomes Labor’s commitment to help train 150,000 extra apprenticeships in areas of skill shortage (as is the case in building and construction) and 10,000 young Australians to do a pre-apprenticeship program but seeks more of a focus and investment in not for profit…
Leave capital gains tax and negative gearing alone
A report released by the Housing Industry Association shows that the majority of Australian voters do not understand Labor’s proposed changes to capital gains tax and negative gearing. It also shows that the majority of people want a proper review before any changes take place.
Positive impact on housing affordability
“For the past five years the building industry has driven economic growth in Australia. In contrast, the Budget assumes that dwelling investment will cool 7 per cent next year (2020).
Work underway on Melbourne Park redevelopment
Major demolition work is underway as part of Stage 3 of the Victorian Government’s redevelopment of Melbourne Park, the home of the Australian Open.
House approvals continue to cool in February 2019
“Building approvals for detached houses declined again in February (2019), consistent with the trend of the past year,” said HIA’s Chief Economist Tim Reardon.