Industry News
Risk to Economy too High to Abolish ABCC
The risk to the Australian economy of a return to the industrial lawlessness of decades past, is too great to abolish the Australian Building and Construction Commission (ABCC), said the Housing Industry Association (HIA), the voice of Australia’s residential building industry.
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Construction Decline Continues as New Orders Weaken
Further drops in activity and new orders saw the national construction industry spend another month in the red according to the latest Australian Industry Group Australian Performance of Construction Index (Australian PCI®), in conjunction with the Housing Industry Association. The seasonally adjusted index fell by 1.2 points to 39.8 in January, marking the 20th consecutive month that the sector has contracted (readings below 50 indicate a contraction in activity).
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Economy is solid despite Europe headwinds, says Swan
The central bank's decision to lower its forecasts for inflation and growth shows the nation's economy is rock solid ...
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Greens plan to give employees right to flexible hours
The Australian Greens plan to introduce legislation that would give workers the right to more flexible hours.
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Fed govt to spend $340m on energy efficiency programs
The federal government will spend $340 million on a package of new energy efficiency programs for business, local government ...
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Construction activity decline rate starting to slow: report
Australian construction activity contracted in January for the 20th consecutive month, but the rate of decline is beginning ....
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Reserve Bank signed death warrant on jobs: AWU boss
Australian Workers' Union boss Paul Howes says the Reserve Bank of Australia (RBA) has signed a "death warrant" for ...
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