Residential property prices rose 6.7 per cent in the June quarter 2021, the strongest quarterly growth since the Residential Property Price Index series began in the September quarter 2003, according to the Australian Bureau of Statistics (ABS).
Entries for the 36th Dulux Colour Awards are now open, and the prestigious annual program is inviting design professionals to submit their most innovative projects demonstrating creative colour use in the built environment.
Victoria’s Big Build will heat up over summer with more than ten thousand construction workers focused on transforming road and rail infrastructure across Victoria in the coming months.
“Demand for new detached and multi-unit housing has remained strong, suggesting that the current boom in home building will be sustained throughout 2022,” stated HIA Chief Economist, Tim Reardon.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 4.3 points to 57.6 in October, indicating a strong pace of recovery following the sharp fall in August due to COVID-19 restrictions (readings above 50 indicate expansion in activity, with…
“The reopening of renovations in occupied homes ahead of schedule will provide a much needed boost to the residential building industry and help many families who have been waiting for their home renovations projects to either commence or resume,” said HIA’s Victorian Executive Director, Fiona…
“Today’s (October 13 2021) data from the Australian Bureau of Statistics confirms the size of the HomeBuilder boom, with more detached house commencements than in any previous quarter or year on record,” stated HIA Economist Tom Devitt.
Labor’s Buy Australian Plan proposes to grow small to mid-sized Australian construction businesses through changes to government buying practices to “maximise opportunities for Aussie businesses in major infrastructure projects,” but the plan fails to recognise that these projects are already largely built by Australian contractors…
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) improved by 14.9 points to 53.3 in September, indicating a return to modest expansion in activity across the construction sector (readings above 50 indicate expansion in activity, with higher results indicating a…