Industry News
 Construction Down Again in February
February marked the 21st consecutive month the national construction industry has contracted 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 was 4.2 points weaker at 35.6 in the month (readings below 50 indicate a contraction in activity).
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Steady Rates a Risky Decision
In a widely anticipated decision the Reserve Bank Board decided to keep official interest rates on hold at 4.25 per cent in March, said the Housing Industry Association (HIA), the voice of Australia’s residential building industry.
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Housing Industry Welcomes New Minister
The Housing Industry Association (HIA) has welcomed the appointment of the Hon Brendan O’Connor to the position of Minister for Housing and Homelessness, in today’s ministerial reshuffle. Mr O’Connor also takes on the role of Minister for Small Business.
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Solar industry still supported despite rebate closure: govt
The federal government says the solar energy industry will continue to be supported following the closure of the solar ...
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Recruiter allowed to act as sponsor for foreign workers
Australia will source more labour via temporary visas after the rules were relaxed recently to allow recruitment agencies ...
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Govt help has role in manufacturing: treasury secretary
Treasury secretary Martin Parkinson says government assistance has a role to play in supporting Australian manufacturing ...
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Economy has been crawling below trend pace: expert
The Australian economy has been crawling along below trend pace for a number of years, a leading economist says.
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