A Japanese company has unveiled a plan to build a $250 million commercial tower on Ann Street... »
Construction
Japanese to build new Brisbane ‘icon’
A Japanese company has unveiled a plan to build a $250 million commercial tower on Ann Street... »
Big construction projects on ice, non-residential construction still rising
According to Emporis, a provider of global building data, work on skyscrapers across the globe has slowed significantly The firm states that regarding skyscrapers—defined as buildings 100 meters tall or higher—work has stopped on 8.7% (124 of 1,431) of tall buildings already underway worldwide. While slowing conditions in the U.S. real estate market is... »
Australian construction activity slumps in Nov
Activity in Australia’s construction industry shrank for a ninth consecutive month in November as collapsing confidence and tightening lending standards strangled the industry, a survey showed on Friday. The Australian Industry Group/Housing Industry Association performance of construction index (PCI) dropped 4.4 points to 32.0, the second-lowest reading since the survey began in 2005 and... »
Concrete convoy converges for massive Gateway pour in Queensland
A convoy of trucks carrying enough concrete to fill two Olympic-sized swimming pools converged on the Gateway Upgrade Project as part of a massive 15 hour continuous concrete pour. The pour – the largest to be undertaken on the congestion-busting $1.88 billion project – would form a part of a new interchange linking the... »
Construction strength set to fade
Construction work done bounced back in the September quarter but the strong growth phase that has been experienced by the industry over the past five years is predicted to moderate, according to Master Builders Australia (MBA). Peter Jones, MBA’s chief economist said, “The key to the outlook for the construction industry over the next... »
Construction work rebounds sharply in Australia
Canberra (ANTARA News/Asia Pulse) – Construction work has rebounded sharply, buoyed by significant growth in engineering. In the three months to September, completed construction work rose by a seasonally-adjusted 4.4 per cent, compared with the previous quarter, to A$34.2 billion (US$22.26 billion), according to the Australian Bureau of Statistics. »
Construction workers pressure Rudd govt
Labor is under pressure from its own to abolish the construction industry watchdog. Protesting construction workers, who have gathered at the front of Parliament House in Canberra, have won the support of the ACT’s Labor Attorney-General Simon Corbell. Mr Corbell said the federal Labor government should abolish the controversial Australian Building and Construction Commission... »
Union leader Kevin Reynolds taunts building watchdog
MILITANT construction union boss Kevin Reynolds yesterday taunted the Australian Building and Construction Commission over its “toothless” response to large-scale industrial action, saying it only chased individuals as easy targets. The powerful West Australian secretary of the Construction Forestry Mining and Energy Union said he doubted the commission would take any action against workers... »
Construction increases in September
STRONGER than expected construction activity has raised the prospect that the economy continued to record robust growth in the September quarter, economists say. Total construction work done in Australia rose by 4.4 per cent in the September quarter in volume terms, seasonally adjusted, well above the median market forecast of a 1.5 per cent... »
Australia Keeps Building
Construction work was much stronger than anticipated, increasing by 4.4% in the September quarter versus market expectations for an increase of 1.5%. The latest read also saw the June quarter revised up, with the previous decline of 2.6% improved to a slide of just 0.4%. Construction activity accounts for about 15% of the Australian... »