 Highest
Month Ever For Building Permits
Victoria's
building industry has broken another record, with
building activity hitting $1.55 billion in July
- making it the highest month for building permit
approvals ever.
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Master Builders Election 2004 Policy
Priorities
Responsible
economic management and workplace reform are the
top policy priorities of the building and construction
industry for the next term of Government, according
to Master Builders Australia, the peak building
and construction industry association.
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Further Strength In Apartment Approvals
Is Cause For Concern
The
fall in building approvals in July is consistent
with other evidence of a mild downturn in the overall
housing market, according to Master Builders Australia,
the peak body for the building and construction
industry.
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HIA - Trades Report
Just
as activity levels are volatile, the entry and exit
of labour in and out of the residential construction
industry is of great importance to smoothing out
dwelling cycles.
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Falls in building approvals and house
prices stabilising
Falls
in Australian building approvals and house prices
showed the market was stabilising, but those declines
were only modest, economists said Thursday.
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NSW builders protest compulsory
high insurance costs
About
100 builders protested outside Parliament House
in Sydney Thursday over high compulsory insurance
they say is crippling the industry.
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Builders rally against home renovation
cover
The
State Government is aiming at making it easier for
licensed builders to afford the insurance they need
to undertake home renovations. As of September 1,
insurers will have to publish premium rates and
disclose reasons for refusing or limiting building
cover. The Government has also confirmed that another
insurer, which may be Lumley Insurance, is considering
offering the speciality insurance cover that is
compulsory in NSW and compensates consumers when
a builder fails to complete building work or performs
defective work. More premium rate falls and greater
protection for builders has failed to satisfy builders'
lobby groups, who will push ahead with the rally
outside Parliament on Thursday. (Sydney Morning
Herald 31/8/04)
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