WA Premier Mark McGowan turned the first sod signalling the start of construction on Chevron Australia’s new headquarters at One The Esplanade in Elizabeth Quay, Perth.
Australia’s property industry is supporting emergency relief efforts and is also preparing to provide practical support for the long process of recovery and reconstruction for bushfire-affected communities.
The ARC Future Timber Hub are proud to advise that Adam Faircloth, a Timber Engineer with the Queensland Government Department of Agriculture & Fisheries (DAF) Forestry Research team at the Salisbury Research Facility, has been announced the winner and Australian representative for his research within…
The latest monthly data from the Commonwealth Bank Household Spending Intentions (HSI) Series indicates that home buying spending intentions are running at a record rate with early signs suggesting a positive wealth effect is starting to re-emerge. CBA Chief Economist Michael Blythe says the data…
“Lending to households building and purchasing new homes remained soft in November (2019) despite the steady improvement in the broader housing market during the latter half of 2019,” said Geordan Murray, HIA Senior Economist.
“The number of new homes started during the September 2019 quarter has dropped to its lowest point since early 2013, although the news on infrastructure work was a little better,” Master Builders Chief Economist Shane Garrett said.
As the holiday period wraps up for another year, iconic Australian footwear brand, Blundstone, is helping Australia’s tradies start the new year with health and safety top of mind. With many tradies operating in hazardous conditions where risks to their health are part of the…
“Building approvals in November (2019) reached their highest level since March 2019, up by 11.8 per cent due predominantly to a surge in approvals in New South Wales,” stated HIA Economist Tom Devitt.
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…