COMMERCIAL AND INDUSTRIAL NEWS AND ARTICLES

Fall in overseas migration begins to stabilise

  • March 21, 2019
  • FENCiT
“The fall in overseas migration that we have seen for the past 18 months has eased in the most recent quarter,” stated Tim Reardon, HIA’s Chief Economist. ABS data shows...

Struggle to keep up with wood demand

  • March 21, 2019
  • FENCiT
The demand for wood products is forecast to continue to rise towards 2050, based on a report by the Australian Bureau of Agricultural and Resource Economics and Sciences. The report...

Mitchell Freeway extension to Romeo Road to start in 2020

  • March 20, 2019
  • FENCiT
Work will start on the new Mitchell Freeway extension to Alkimos in 2020. The $215 million project will create 1,200 new jobs and see the freeway extended 5.6 kilometres from...

Price of land rises as demand falls

  • March 19, 2019
  • FENCiT
“The price of land for new residential building has continued to rise despite a fall in demand,” said HIA Chief Economist Tim Reardon. The March 2019 edition of the HIA-CoreLogic...

Rio Tinto completes commissioning of Amrun bauxite mine

  • March 14, 2019
  • FENCiT
Rio Tinto has completed commissioning of the $1.9 billion ($A2.6 billion) Amrun bauxite mine on the Cape York Peninsula in Queensland, Australia. The mine and associated processing and port facilities...

Industry backs women in building

  • March 8, 2019
  • FENCiT
“Today’s (March 8 2019) commitment by the Hon Kelly O’Dwyer, Minister for Jobs and Industrial Relations and Minister for Women to provide $675,000 in funding for mentoring and promoting the...

Modest easing in construction downturn

  • March 7, 2019
  • FENCiT
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 0.7 points to 43.8 in February 2019, indicating a slightly slower rate of decline for...

All gas options needed to support local industry

  • March 6, 2019
  • FENCiT
“The extreme price of gas and future risks to supply are dire portents for the future of gas intensive manufacturers, particularly those who use gas as feedstock for basic chemicals,...

$50 million NAIF investment to see Townsville Airport soar into…

  • March 6, 2019
  • FENCiT
More than 200 local jobs, extra flights and greater tourism activity are expected to flow from a $50 million investment in Townsville Airport by the Australian Government. The Northern Australia...

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