Housing Recovery – Is It Sustainable?
The Housing Industry Association, Australia’s largest building industry organisation, said that final figures released today by the Australian Bureau of Statistics confirm that new residential building activity began to recover in the September 2009 quarter, as did work commenced.
Six-Stars on New Homes Fail on Emissions
The decision by the Building Ministers’ Forum to mandate 6-star energy efficiency requirements in new dwellings will have next to no effect on curbing Greenhouse Gas Emissions, but will make new homes more expensive and less affordable.
ASX-Listed Office Trusts: Does "Green" Pay?: "Green" Demand Looks Convincing; Awaiting Financial Proof
Drivers for "green" buildings are moves to reduce carbon emissions and energy use, improve resource efficiency and improve employees' working conditions. The five ASX-listed REITs studied here (Commonwealth Office (CPA); Dexus (DXS); GPT; Macquarie Office (MOF); and Stockland (SGP)) are all focused on improving "green" attributes, partly as "risk management". We haven't found major differences among this group, though GPT and MOF may lead, and DXS slightly lag its peers. We await hard data that substantiates our expectation that "green pays" for Australian office buildings, due to lower energy costs, higher rentals and lower vacancies.
Construction stimulus is cushioning downturn: builders
Builders' own activity and expectations for industry activity both fell back in the December quarter but Government stimulus spending continues to cushion the downturn, according to the results of Master Builders Australia's National Survey of Building and Construction.
New building construction loans down again after boost
Housing finance commitments fell again in November in line with the phasing down of the Government's First Home Owner 'Boost' Scheme, according to peak building and construction organisation Master Builders Australia.
Architects hail integrated design commission as visionary
Architects hail integrated design commission as visionary
The Australian Institute of Architects has hailed SA Premier Mike Rann’s announcement today of an Integrated Design Commission (IDC), and a government architect for SA, as visionary.
November Forecasts Out Now
The health of the construction industry is good in parts, according to the latest forecasts from the Construction Forecasting Council.
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