“This is great news for the hundreds of thousands of small businesses in the building industry. It will allow them to invest back in their business and expand the number of people they employ. Said HIA Acting Chief Executive of Industry Policy Tim Reardon.
“The Australian Industry Group (Ai Group) has issued advice to its members about the ACTU “change the rules” protest rallies. Ai Group has advised that employees who fail to attend work so as to participate in one of the ACTU rallies starting would in most circumstances be engaging in unlawful industrial action. We have also […]
“ABS dwelling commencement figures recently released show that Tasmania’s new home building industry outperformed all other states and territories in 2017/18, noted HIA Executive Director, Rick Sassin.
“First Home Buyer participation in Australia’s mortgage market is now at its healthiest since 2012,” said Shane Garrett, Chief Economist for Master Builders Australia.
“The value of lending to investors declined by more than 20 per cent over the last twelve months while lending to owner- occupiers was down by 7.7 per cent. Given such a large drop, we should expect the market to continue to cool,” said HIA Acting Principal Economist, Geordan Murray.
The Victorian Government will put local jobs and businesses first when building the Geelong Convention and Exhibition Centre.
The first step in the process to award a contract for major works on the Warrnambool and Geelong line upgrades is under way, with a call for Expressions of Interest from contractors.
“Australia’s home building industry beat expectations in commencing construction of 228,480 homes in the 2017/18 financial year. This represents a 3.3 per cent increase on home starts in the previous financial year,” said HIA Economist, Diwa Hopkins.
The Federal Government’s plan for dealing with urban congestion and managing population growth is a pragmatic package which acknowledges the importance of supporting the vibrancy and economic growth of our our big and small cities.
The Green Building Council of Australia (GBCA) has welcomed a new report by the Intergovernmental Panel on Climate Change, which calls for immediate action from all sectors of the economy to stop global warming climbing above the critical 1.5 degree-threshold by 2050.