LGNSW welcomes long-awaited appointment of NSW Building Commissioner
The NSW Government’s appointment of David Chandler OAM as NSW Building Commissioner was welcomed by the local government sector.
Sharp and shallow downturn in building approvals
“Building approvals in 2018/19 were 19.5 per cent lower than in the preceding year, making this the most significant market correction since the introduction of the GST,” stated HIA Chief Economist Tim Reardon.
Better approvals coming to more councils near you
Faster permits are on track to be the norm for Victorian businesses with more than half of all councils engaged in the Victorian Government’s Better Approvals Project cutting business permit processing times.
More households renting as home ownership falls
The proportion of Australian households renting their home increased to 32 per cent in 2017–18, according to new figures released by the Australian Bureau of Statistics (ABS). This is an increase from 27 per cent in 1997–98.
New home sales stabilise
“New home sales in the June (2019) quarter were up by just 0.8 per cent on the preceding quarter. This is the first quarterly improvement since the December quarter in 2017,” stated HIA’s Chief Economist, Tim Reardon.
The power is in the collective: BVN appoints three new partners
Each day architects and designers make decisions that impact our cities, the environment, and the way we interact. As one of the most influential practices in Australia and with studios in New York and London, BVN takes seriously the responsibility to amplify positive impact. BVN…
Demand for residential land fell in first quarter
“Residential lot sales across Australia fell in the first three months of this year (2019) to set a new record low for land sales,” said HIA Chief Economist Tim Reardon.
Australia’s richest man, Harry Triguboff opens his 19th Australian hotel and fifth in Sydney’s CBD
Meriton Suites, owned by Harry Triguboff and one of Australia’s best-recognised hotel brands has opened the doors to Sydney’s newest hotel – Meriton Suites Sussex Street, Sydney. The opening of the hotel group’s fifth Sydney CBD property continues to strength their brand presence as the…
New Gerflor collection fuses fashion and practicality
Stunning wide plank timber designs pair with trendy geometrics and layers of lacy intrigue in the latest waterproof Texline Collection by Gerflor. Beautiful colours and textures, realistic natural wood looks sit alongside trendy takes on authentic mosaic and parquetry options.
GURNER sets Collingwood record with $7.5m and $6.75m penthouse sales in two weeks
Luxury developer GURNERTM has set another Melbourne price record, this time at its New York-inspired Victoria and Vine project where the developer has achieved Collingwood’s highest ever property sale twice within a two week period, transacting a 4-bedroom, 375sqm penthouse with a large terrace for…
Builders back national agreement on urgent national regulatory reforms
Master Builders welcomes the agreement by State and Territory Building Ministers to work with the Federal Government on a consistent Australia-wide approach to implementation of the Shergold-Weir Report recommendations.
ASI calls on government and industry to work together to resolve Australia’s construction industry regulatory woes
With Australia’s construction industry regulatory environment reaching a critical tipping point, the Australian Steel Institute (ASI) believes that government and industry must work together to implement the viable, cost-effective solutions available.