Soft Sales and Credit Crunch Put New Homes on Hold
Soft sales and credit rationing have put an estimated 34,000 new homes on hold, according to HIA, Australia’s largest building industry association .
2009/10 Dwelling Starts To Rebound
The 2009/10 year is forecast to be a recovery year with housing commencements set to rise.
Guarding Your Business for the Future
As building business owners in the current economic environment we all need to be aware of the many external factors that threaten the viability of an ongoing operation.
First Home Buyers Boost New Home Sales
New home sales surged by more than 8 per cent in January according to the latest survey by the Housing Industry Association (HIA), Australia’s largest building industry association.
Construction Strength Set to Fade
Construction work done increased in the December quarter but the strong growth phase that has been experienced by the industry over the past five years is set to change, according to Master Builders Australia, the peak body for the building and construction industry.
Home building stalled by weak demand, lack of finance
A lack of available finance and weak demand are behind the delays for approved residential construction projects proceeding to commencement, a survey says.
Strong construction data points to postive Q4 GDP :rpt
Stronger than expected construction activity has dampened the prospect that the Australian economy contracted in the December quarter, economists say.
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