Construction to Add to Australia’s Growth
The Reserve Bank of Australia says the construction of non-residential buildings will likely provide a boost to economic growth by the end of 2018.
Is Construction Volume the First Sign of Building Industry Downturn?
The construction boom in Australia may have passed its peak in its ability to act as a driver of economic growth, the latest figures suggest.
Billions Wiped from Australia’s Construction Outlook
Almost $10 billion has been wiped off a key construction sector forecast over the next four years amid growing signs that the slowdown in engineering construction...
Rate Cut to Further Boost Housing Construction
It was not exactly needed, but the latest cut in interest rates will provide a welcome boost to residential construction in Australia.
For the last decade, Australia has produced 150,000 homes each and every year.
Construction Boom Won’t Save Australian Economy: BIS
The current boom in housing construction and a likely uptick in commercial building and infrastructure investment are unlikely to save the Australian economy from its weakest...
Housing Construction Finance Remains Strong
Financing activity regarding the building of new homes in Australia has eased back but remains at high levels, the latest data shows.
Northern Territory Tops Construction League Table
Work on the massive Ichthys LNG Project has propelled the Northern Territory to the top of the table in a ranking of states and territories within...
Australian Housing Starts Rise Above 163,000
In further confirmation of the recovery in residential construction throughout Australia, the latest data shows a further surge in housing starts throughout the nation.
Interest Rates Cut to Record Lows
The Australian economy and residential sector will receive a boost following a Reserve Bank decision to cut rates to new record lows – albeit with not...