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Costs News

Thursday July 19, 2018

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Australian Construction Costs Under Massive Pressure
Business
Tuesday March 13 2018

Australian Construction Costs Under Massive Pressure

Developers and builders throughout Australia are being warned to allow for cost blowouts on major construction projects the likes of which we have not seen in...

NZ:Building Costs Set to Moderate from Highs
Residential
Tuesday October 24 2017

NZ:Building Costs Set to Moderate from Highs

New Zealand building costs are expected to moderate given the low inflation environment, an inability to pass on rising costs, and as migrants help fill building...

Value of NZ Construction Work higher in Q2
Business
Wednesday September 6 2017

Value of NZ Construction Work higher in Q2

The value of New Zealand building work rose in the June quarter as both non-residential and residential activity ticked up, even as volumes eased as construction...

How to Bust Creeping Cost “Ghosts” on Construction Projects
Commercial
Tuesday May 2 2017

How to Bust Creeping Cost “Ghosts” on Construction Projects

It seems that in every building or construction project, there are hidden items that end up costing someone on the project more than they had planned.

US Construction Spending Rises to 11-year High
Business
Wednesday April 5 2017

US Construction Spending Rises to 11-year High

U.S. developers ramped up construction spending in February to the largest amount in nearly 11 years, led by more building of homes, highways and schools.

Capacity Constraints Raise New Zealand Building Costs
Business
Wednesday March 22 2017

Capacity Constraints Raise New Zealand Building Costs

Capacity constraints in Auckland's construction sector have been driving up building costs by more than four times the rate of inflation in recent years, eroding margins...

Where is the Discord in Construction Technology Uptake?
Technology
Friday March 3 2017

Where is the Discord in Construction Technology Uptake?

From BIM to prefabrication to drones to big data, areas in which technology either is delivering or has the potential to deliver benefits in design and...

Are Taxpayers Being Conned on Transport Construction Costs?
Infrastructure
Tuesday February 14 2017

Are Taxpayers Being Conned on Transport Construction Costs?

When the Western Australian Liberal government promised to build the Forrest Highway during the state election campaign of 2001, voters were told that a $136 million...

Civil
Apr 10 2018
NSW Won't be Held to Ransom on Light Rail

NSW Premier Gladys Berejiklian says her government won't be held to ransom by a Spanish subcontractor building the delayed Sydney light rail project to the eastern...

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Residential
Mar 13 2018
Unexpected Costs for New Homeowners

Buying a house certainly is a great milestone in life. You can finally move out of a rental or your parents’ place and start your own...

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Residential
Feb 7 2018
Residential Construction Costs Accelerate 5% in Victoria

In Victoria, the cost of constructing a house accelerated by 5% in 2017 according to the CoreLogic CHIP index December quarter results. According to the measure,...

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