
Action Needed to Stop CBD Running out of Space
The Property Council of Australia has today called for an overhaul of key city
planning controls to ensure jobs are not turned away from the Sydney CBD, with
research indicating capacity for new commercial development will be exhausted in
a decade. Lord Mayor Clover Moore welcomed the release of the paper and pledged
to work with industry to resolve the issue.
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Building
Industry Records $1 Billion April
A jump in public building permit
approvals has driven the Victorian building industry
to a $1 billion April, Building Commission figures
have revealed.
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Building Industry Faces an Uncertain Future
It's 2015 and you have decided to renovate your home. But the builder will tell
you there is a two month wait for a carpenter, a four month wait for a
bricklayer, a four month wait for a cabinetmaker and the entire project will
cost you much more than it did a decade ago.
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Building Approvals Flatline
The rise in April building approvals is the result of a partial bounceback in
other dwelling approvals, whereas the trend in total dwelling approvals remains
flat, according to Master Builders Australia, the peak body for the building and
construction industry.
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Economy
Mounts Modest Recovery
The Australian economy recovered
from the weak end to 2004, but not to any spectacular
extent.
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Approvals
Continue To Support 'Soft Landing'
A mild recovery
in approvals for multi-units led to a small rise
in building approvals in April.
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Hundreds walk off job at $2 bln Alcan expansion project
Hundreds of workers have walked off the job over fears of potential water
contamination at one of Australia's biggest industrial projects. More information >>
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