Home Lending Continues Modest Softening
Loans for owner occupied housing continues to ease but only moderately, an encouraging sign for Australia's residential sector. More information >>

Lending To Investors Suffers Mild Fall
Demand among Australia's property investors fell for the sixth time in seven months in May. The decline was quite mild, a drop of 3.9 per cent. Investment lending for is 23.5 per cent lower than the peak of last October. More information >>

Lend Lease begins building of $155 mln Dock 5 project
Property group Lend Lease Corp Ltd has started construction of a $155 million residential project called Dock 5 in Melbourne's Docklands region.
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Asbestos victims angered by James Hardie funding offer
A proposal by James Hardie Industries to pay more money for asbestos compensation through a new scheme was Wednesday rejected by disease victims as a cynical attempt by the building products company to avoid its responsibilities.
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Melb's Spencer Street Station redevelopment in trouble
The revamp of Melbourne's Spencer Street Station has become embroiled in controversy, with builder Leighton Holdings reportedly threatening to sue the Victorian government over project delays. More information >>

Interstate migration fuels 50% increase in residential construction
Residential and commercial construction activity is yet to reach its peak with demand set to continue into 2006, with a slowdown forecast for 2007, according to Master Builders Queensland. More information >>

Leighton contractors wins $100m contract
Leighton Contractors will upgrade facilities at CBH’s Albany Grain Terminal in a $100m contract. More information >>