Why COLORBOND® steel
Here in Australia, our buildings certainly face some pretty challenging weather conditions from extremes of heat and cold, to dust, rain, wind and hail.
Category: Building
Australian PCI®: Construction boom interrupted by COVID lockdowns
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by a further 6.8 points to 48.7 in July 2021, recording the first fall into contraction since September 2020 (readings below 50 indicate contraction in activity, with lower results indicating a…
Land shortages constrain building activity
“The number of land sales in the March 2021 quarter declined by 31.2 per cent compared to the previous quarter, to be 42.5 per cent lower than the previous peak in the September 2020 quarter,” said HIA Economist, Angela Lillicrap.
Sights set on reopening Sydney construction
Construction industry leaders have now set their sights firmly on supporting the supply chain and gearing the industry up for the reopening of construction sites.
Record number of detached starts in the March quarter
“The number of new houses that commenced construction in the March 2021 quarter was more than 40 per cent higher than the same time last year,” stated HIA Economist, Angela Lillicrap.
Strong new home sales in June quarter
“New Homes Sales in June 2021 jumped 15.3 per cent to be 11.2 per cent higher in the quarter than the same time in 2019,” stated HIA Economist Angela Lillicrap.
Loans for new home building remain elevated but below peak
“The number of loans for the construction of a new dwelling continued to fall in May, but remain elevated compared to pre-COVID levels,” stated HIA Economist, Angela Lillicrap.
Loans for new home building decline in April 2021
“The number of loans for the construction of a new dwelling fell in April for the second consecutive month,” stated HIA Economist, Angela Lillicrap.
Australian PCI®: Strong construction activity in May 2021
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 0.8 points to 58.3 in May, largely maintaining the strong pace of post-2020 recovery following on from a record high in March (readings above 50 indicate expansion in activity, with…
Detached dwelling approvals break another record in April
“Detached building approvals reached a record level for the third consecutive month in April 2021,” stated HIA Economist, Angela Lillicrap.
Industry welcomes additional home ownership measures
Australia’s property industry has welcomed the Federal Government’s announcement of additional home ownership measures in the 2021-22 Budget.
Detached housing and renovations surge in March quarter
“Figures released by the ABS today (May 26 2021) show work done on detached houses and renovations surged in the March quarter,” said Angela Lillicrap, HIA Economist.