COMMERCIAL AND INDUSTRIAL NEWS AND ARTICLES

Steel bollards to protect Victorian sporting events

  • January 17, 2020
  • FENCiT
Tennis fans heading to this year’s Australian Open will be better protected with the completion of the Victorian Government’s CBD security upgrades around the famous sporting precinct. Work to install...

Building approvals increase in November 2019

  • January 8, 2020
  • FENCiT
“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...

Australian PCI®: Year ends with weakest construction performance since May…

  • January 8, 2020
  • FENCiT
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...

SACOME welcomes $60 million investment in SA

  • December 29, 2019
  • FENCiT
The South Australian Chamber of Mines and Energy (SACOME) has welcomed BP and Chevron’s commitment to invest almost $60 million in oil and gas exploration projects in South Australia. BP...

GDP headline conceals declining housing construction

  • December 5, 2019
  • FENCiT
The lift in GDP for the September 2019 quarter is welcome, but conceals a worrying decline in housing construction which will undermine housing supply and affordability for our growing population....

Where and when is the infrastructure spending coming online?

  • December 3, 2019
  • FENCiT
“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....

Falling housing approvals demand government focus

  • December 2, 2019
  • FENCiT
An eight per cent fall in national dwelling approvals in October 2019 demands a response from all levels of government. “While a lot of attention is being paid to the...

Rio Tinto approves $749 million investment in Pilbara Iron Ore…

  • November 28, 2019
  • FENCiT
Rio Tinto has approved a $749 million (A$1 billion) investment in its existing Greater Tom Price operations (100% owned) to help sustain the production capacity of its world-class iron ore...

Infrastructure fast-track welcomed

  • November 27, 2019
  • FENCiT
The Property Council of Australia has welcomed the Federal Government’s plan to bring forward of spending on infrastructure projects around the country. “Accelerated spending on infrastructure will deliver a double...

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