 Expert Jugement in the Process of Commercial Property Management
Forecast
Briansnax from the University of Reading investigating the role of judgement
in the formation of forecasts in commercial real estate markets.
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Construction
Forecasting Council media release
The Construction Forecasting Council Forecasts released today show that
non-residential and engineering construction activity will continue to grow but
at a slower pace through to 2006/07 before resuming a stronger growth phase in
2007/08.
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Regulation Reforms to Drive Productivitiy
Master Builders Australia, the peak body for the building and construction
industry, today called on all governments to back the recommendations of the
Productivity Commission (PC) report to further enhance the effectiveness of
Australia's Building Code of Australia (BCA).
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Residential
Sector Slowdown Continues
The fall in building approvals in October provides further evidence that the
downturn in the residential building sector continues to gather pace and
justifies recent decisions by the Reserve Bank of Australia to put rates on
hold, according to Master Builders Australia, the peak body for the building and
construction industry.
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Residential
Sector Buoyant - But Skills Shortages Point to Future
Bottlenecks
Today's building approvals data, released by the Australian
Bureau of Statistics, shows an upswing in Victorian
housing market volatility but cannot hide the long
term decline in future activity, according to the
Master Builders Association of Victoria.
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Report Fails the Housing Industry
The Housing Industry Association believes the Productivity Commission's
report into the reform of building industry regulation does not go far
enough.
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Seventh Monthly Fall for Dwelling
Approvals
The approval of new houses and units has
fallen for the seventh consecutive month in October
to be at their lowest level since June 2001.
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Economy Slows as Housing Cools
Australia's economic growth rate has eased
in the September quarter with weak exports and a
softer housing market more than offsetting growth
in household consumption and investment in machinery
and equipment. The approval of new houses and units
has fallen for the seventh consecutive month in
October to be at their lowest level since June 2001.
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