After declining or remaining stable for 9 months, Australia’s construction industry expanded during the month of August. The Australian Performance of Construction Index (Australian PCI) increased by 6.7 points to 53.8. Readings above 50 indicate an expansion in activity. The expansion has been driven by improvements in the new orders and activity sub-indexes, as well […]
The value of turnover to be sourced from major construction work is forecast to drop by 4.3 per cent by the end of 2015, with a further decline of 1.7 per cent expected to be seen in 2016.
Small time builders operating in regional areas stand to benefit from changes to the tender process for construction projects fully or partly funded by the government.
The Fair Work Ombudsman (FWO) has today announced a new national campaign focusing on Australian construction businesses.
Own or operate a building or construction business that pays contractors? Under new taxation legislation you’re required to submit a Taxable Payments Annual Report to the ATO in late July.
ICON Engineering has won a $5.5 million contract from Chevron Australia for the Western Australian company to build a Compensated Tension Lift Frame (CTLF) for use during the upcoming drilling and completion programme for the Gorgon Project.
Home prices across Australia remain stagnant, increasing by 0.4 percent in July after falling by 1 percent in June, compounding the lowest new home sales volumes seen in 18 months.
Housing affordability in Australia is close to record lows according to the HIA-CBA Housing Affordability Report for the June quarter 2010.
New South Wales is the first state government in Australia to introduce zero percent stamp duty, but with limitations and a two year trial period.
Growth in the construction industry continues to slow concludes the Australian Industry Group/Housing Industry Association Performance of Construction Index for May.
