Contract awarded for Port Hedland Berth 3 works
Work is underway on the $33.5 million replacement of the Berth 3 deck and fender at the Port of Port Hedland, a project that will create almost 50 local jobs.
Category: Building
Cranes in the sky as Wollongong booms
Wollongong is in the midst of its own construction boom, in parallel to Greater Sydney, as 2019 marks a big year for the expansion of the city’s residential and commercial property stock.
Building boom still bearing fruit for housing affordability
“Australia’s record home building boom continues to improve housing affordability,” said Geordan Murray, HIA Senior Economist.
HIA New Home Sales drop to lowest level since 2012
“HIA New Home Sales continued the declining trend that we saw throughout most of 2018,” said Geordan Murray, HIA Senior Economist.
Sydney design mistakes
As city populations increase and summer temperatures rise, growing attention is on the topic of urban heat islands and what can be done to cool our cities.
New home starts ease in September 2018 quarter
“Strong levels of new home starts underpinned one of the strongest years of residential building activity on record. Results for the second half of the year reflect the softening that have been evident in the broader housing market,” said HIA Senior Economist, Geordan Murray.
Victorian housing continues to cool
“After a sustained boom over recent years, residential building activity in Victoria continues to cool” said Fiona Nield, HIA Executive Director, Victoria.
Local firm wins Albany student accommodation tender
Stage two of Albany’s affordable student accommodation development is set to kick-off, providing a much-needed boost to the local construction industry.
Construction ends 2018 in the red amid weaker demand
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 1.9 points to 42.6 in December 2018, indicating a fourth consecutive month of decline and the sharpest rate of contraction in five and a half years (readings below 50…
Victoria’s construction sector leads a strong economy
Victoria’s building industry is among the strongest in the nation, with the Victorian Government’s sound financial management creating jobs and ensuring the state’s economy continues to grow.
Property industry confidence drop demands good policy decisions in 2019
Confidence in the Australian property industry has dropped to its lowest level in more than five years, highlighting the importance of good policy decisions in 2019 to sustain the growth of one of the main drivers for the Australian economy.
New home approvals fall to 5-year low
“New home approvals fell by 9.1 per cent in November 2017 to reach their lowest level since August 2013,” commented Diwa Hopkins, HIA Economist.