
Building, trade prices keep Aust economy in good shape
Cheaper imports and a building boom that refuses to end are keeping
Australia's economy in good shape, new figures revealed on Friday.
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Cautious Optimism
Among Australias Home Builders
After 6 months of falling sales
and rising trade and material prices, there is an
air of cautious optimism among Australia's new home
builders.
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Home
Building Activity Stable as Pipeline Grows
Residential building activity stabilised
in the third quarter of 2004, adding slightly to
the already record pipeline of work yet to be done.
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Housing
Finance Continues to Underpin Housing Activity
Housing finance remained at an elevated
levels toward the end of last year as Victorian's
continued to plough their money into the property
market, today's housing finance statistics revealed,
Executive Director of MBAV, Brian Welch said today.
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New Design and Construct Contract Now Available
The design and construct method of construction, where all material tasks,
including the design element, are given to the contractor, is increasing in
popularity and Master Builders Australia has reacted to that trend by releasing
a revised version of its national Design and Construct contract.
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Manufacturing
Forecast 2005: Moderate growth to underpin investment buildup
The annual Australian Industry Group (Ai Group) forecast for manufacturing
activity predicts moderate growth for the year ahead with a strong focus on
domestic demand.
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ABS
Building Activity Statistics
Construction Activity Statistics from
the Australian Bureau of Statistics for the September
2004 quarter.
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