RBA concedes rates too high
In a slowing economy, the RBA’s decision not to lower official interest rates is disappointing.
Soft Home Lending Highlights Rate Cut Imperative
HIA, Australia’s largest building industry association, said that home lending for both owner occupiers and investors continued to slide in June.
HIA commends Regional Planning MOU sign off
HIA has today welcomed the milestone signing of a memorandum of Understanding on the part of the Northern Tasmanian Councils which follows on from the $1.5 million funding support provided for local council planning reform, announced in the 2007 State Budget.
Construction industry contracts although strong support from engineering construction
The national construction industry contracted for a fifth consecutive month in July, although it had strong support from an increase in engineering construction activity and some encouraging, albeit modest, improvement in commercial construction.
Rates relief needed to arrest steep decline in home lending
Another fall in home lending in June is the fifth consecutive monthly decline and only lower interest rates will turn the situation around, according to peak building and construction industry organisation Master Builders Australia.
Productivity gain is posted across construction industry
The economy is drawing significant benefits from the building and construction industry having posted sharp productivity gains over the past few years, a new report says.
Australian-designed Olympic venues go for gold
Australian architecture is about to get its biggest international exposure of all time - with at least seven of the most important venues at the 2008 Beijing Olympics being designed by Australian architectural practices.
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