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Two-speed construction market now building up, according to Housing Industry Association
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Two-speed construction market now building up, according to Housing Industry Association
Australia’s building industry is facing a period of divergence as smaller markets weather the economic storm better than larger counterparts.
Builders rewrite contract terms as failures hit sector
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Builders rewrite contract terms as failures hit sector
New contract conditions to cope with fluctuating prices and weather delays are being used more widely as builders fend off tough times.
Housing diversification and better planning to make housing more affordable and abundant: industry
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Housing diversification and better planning to make housing more affordable and abundant: industry
Australia’s housing market is troubledwith a dearth of homes creating an affordability challenge across sales and rental markets. Developers want a co-ordinated effort to deliver more properties.
Call for homes to get energy ratings as fossil fuels face the axe
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Call for homes to get energy ratings as fossil fuels face the axe
With people used to knowing the energy performance of their dryer or fridge, there’s now a push for a similar rating system on homes.
Stockland to build offices in St Leonards after dumping residential project
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Stockland to build offices in St Leonards after dumping residential project
Stockland has abandoned its residential project in Sydney’s St Leonards and will instead develop a commercial skyscraper.
Labour shortage construction sector’s biggest pressure for 2023
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Labour shortage construction sector’s biggest pressure for 2023
Construction faces a difficult year ahead after rapidly rising interest rates put additional pressure on an industry already facing materials and labour shortages.
Hotel construction across the Asia-Pacific among the world’s least active
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Hotel construction across the Asia-Pacific among the world’s least active
The building of new rooms has plummeted in the Asia-Pacific, while two other global markets have continued to grow.
Sunland Group wind-down sails by building crisis
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Sunland Group wind-down sails by building crisis
Queensland developer Sunland Group’s plans to wrap up operations next year remain on track as the father and son team work on their own new projects.
Delays and rising costs reduce pipeline of industrial and logistics space significantly, CBRE reveals
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Delays and rising costs reduce pipeline of industrial and logistics space significantly, CBRE reveals
Construction delays and rising costs will slash the nation’s supply pipeline of new industrial and logistics space by about a quarter, CBRE predicts.
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