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.
Tag: construction
A record year of house building is underway
“A record number of detached housing starts will occur in the 12 months to September 2021 with more than 146,000 detached houses commencing construction. This is more than 20 per cent higher than the peak of the previous boom in 2018,” stated HIA Economist, Angela…
Construction needs collaboration not conflict
The Grattan Institute’s latest report Megabang for megabucks finds Australia’s transport infrastructure is overpriced and suggests government should drive harder bargains and stop worrying about the profitability of the industry.
Budget shifts gear to the longer term
“From an industry perspective, the Government’s second budget in a year locks in the recovery from recession and shifts gears from emergency measures to investing in the economy for the longer term,” Innes Willox, Chief Executive of the national employer association Ai Group said.
Budget 2021 asserts the value of infrastructure investment
The Australian Constructors Association (ACA) welcomes the 2021-22 Federal Budget which affirms the critical role of the construction industry in rebuilding the Australian economy.
Construction tender released for Katherine flood mitigation works
Properties in Katherine North will be better protected from flooding as the Territory Government releases the first stage of tender for the construction of the flood mitigation embankment and wall levees.
Australian PCI®: Construction industry stays close to historic high in April 2021
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 2.7 points to 59.1 in April 2021, continuing to indicate a strong pace of post-2020 recovery in the wake of March’s record high (readings above 50 indicate expansion in activity,…