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Australian Economy News

Saturday July 21, 2018

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Construction to Add to Australia’s Growth
Business
Wednesday February 22 2017

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?
Business
Tuesday December 13 2016

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
Business
Tuesday December 1 2015

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
Residential
Tuesday May 5 2015

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.

Beyond ‘Banana-Nomics’
Residential
Thursday October 2 2014

Beyond ‘Banana-Nomics’

For the last decade, Australia has produced 150,000 homes each and every year. 

Construction Boom Won’t Save Australian Economy: BIS
Construction
Wednesday September 3 2014

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
Residential
Tuesday February 11 2014

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
Business
Tuesday January 21 2014

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
Residential
Tuesday January 21 2014

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.