Industry News
Building Approvals Hold Steady in November
ABS building approvals ticked up in November 2012 regaining some of the ground lost in October, said
the Housing Industry Association, the voice of Australia’s residential building industry.
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Detached Homes Drive a Lift New Home Sales
New home sales posted a second consecutive monthly improvement in November 2012 driven by an
encouraging lift in sales of detached houses, said the Housing Industry Association, the voice of
Australia’s residential building industry.
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Construction Downturn Eases Further in December
Despite some encouraging signs, the national construction sector finished 2012 in negative territory according to the latest Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®). The seasonally adjusted index was 1.8 points stronger at 38.8 in December (readings below 50 indicate a contraction in the industry with the distance from 50 indicative of the strength of the decline).
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Australia ranked 'third most free' world economy: report
JAustralia is ranked the third most free economy in the world despite its score falling slightly in the past year, a new ...
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Housing construction sector 'finally picking up': figures
Australia's housing construction sector appears to be finally picking up — but economists and industry groups warn further ...
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Multi-dwellings dominate residential building industry
Australia's residential building industry is becoming increasingly dominated by multi-unit developments.
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Construction activity slows for 31st consecutive month
Activity in Australia's construction industry has slowed for the 31st consecutive month — with the home and apartment ...
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