construction

An iconic Aussie builder will be taken over by a foreign raider after slumping to the brink of collapse.

Builder Roberts Co’s Victorian arm has shut down its big jobs but administrator McGrathNicol says it can get projects back on track and it will have to break them up for the best result.

Tough conditions in building have seen the construction giant sink to a loss after years of profits. But it has been winning new work.

Administrators have taken control of the Victorian sites controlled by Roberts Co.

Despite some price relief, Australia’s construction industry faces mounting insolvencies as productivity declines and wage pressures rise.

Dexus has come through the worst of the downturn and says that the market for large towers is stabilising, and it can stay on track for Waterfront Brisbane.

ASX-listed property group Mirvac has seen its new home building profit margins squeezed over the past financial year, but is also seeing an uptick in market activity.  The company made $212 million in earnings before …

Increased hurdles in getting approvals are driving up construction costs, which threatens the viability of affordable housing, despite a further easing in building materials costs.

Homeowners looking to boost their household income or help out loved ones are increasingly building granny flats and dual occupancies in their backyards. While many homeowners would prefer to keep their backyards as they are, …