Jobs boost as construction begins on new Chevron headquarters
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.
Tag: building
Property industry support for bushfire relief and recovery
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.
New home starts hit 7-year low as infrastructure finally grinds into action
“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.
Get back to work like a boss with the Blundstone work and safety range
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 increase in November 2019
“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.
Australian PCI®: Year ends with weakest construction performance since May 2013
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…
Moreau Kusunoki and Genton win Powerhouse Parramatta international design competition
Australia’s New South Wales (NSW) Minister for the Arts, Don Harwin, today [17/16 December 2019] announced that the team led by Moreau Kusunoki (lead design architect) and Genton (local design architect) has won the international design competition for the new Powerhouse Parramatta, Sydney.
Construction begins on $88 million Western Sydney Community and Conference Centre with adjoining 4.5 Star Hotel
After three years of planning, construction has started on the $88 million state of the art, Western Sydney Community and Conference Centre, that will service and support the continued growth of Western Sydney.
New home sales steady
“New Home Sales and Housing Finance data indicate that the housing market has stabilised over the past 6 months,” stated HIA Economist, Angela Lillicrap.
Where and when is the infrastructure spending coming online?
“The impact of the credit squeeze that caused the rapid deterioration in building conditions over the past 18 months is evident in today’s construction data,” stated Angela Lillicrap, HIA Economist.
Rocky recovery for building approvals
“Building approvals fell by 3.7 per cent in the three months to October 2019 after several months of positive growth,” stated HIA Economist Angela Lillicrap.
Outlook for housing market
“New home sales, approvals and housing financing data all suggest that the demand for detached homes has stabilised, albeit, well below levels of the past five years,” stated HIA’s Chief Economist, Tim Reardon.