The challenges leading to the collapse of two big companies - and the rumoured struggles of a third - are among the greatest experienced by the construction industry.
Last week week Metricon, arguably Australia’s largest builder which was left reeling...
The costs of materials is rapidly increasing in the construction industry. This is giving rise to various cost and time challenges for construction projects. Construction industry participants need to take immediate action to ensure they are adequately managing (and...
23 May 2022Jeremy Rockliff, PremierThe Mersey Community Hospital plays a critical role in the delivery of healthcare to the North-West community, and the Tasmanian Liberal Government is investing in its future.I’m excited to report that works are now underway...
"The Elective Day Surgery Centre will be supported by increased capacity in the Outpatients Clinic, which will include 13 new consulting rooms, six specialist treatment rooms, six dedicated Paediatric rooms, a waiting area, as well as audiology and physiotherapy.
Source
Potential price gouging in the construction industry could be investigated after the South Australian government called on the consumer watchdog to intervene.
Key points:
SA Labor has asked the ACCC to investigate potential price gouging
The ABS has reported building costs rose...
Potential price gouging in the construction industry could be investigated after the South Australian government called on the consumer watchdog to intervene.
Key points:
SA Labor has asked the ACCC to investigate potential price gouging
The ABS has reported building costs rose...
About a year ago, Chinese billionaire Sun Hongbin was certain that his luxury real estate company Sunac China would never "bomb".
Last week, his firm — China's third-largest developer — defaulted, missing the deadline for coupon payments on a $US742 million ($1.1 billion)...
Home builders are being warned to expect higher costs and lengthy delays until at least 2023 as a perfect storm of financial headwinds sends shockwaves through Australia’s residential construction industry.
Rising interest rates, shortages of materials like timber and steel,...
Princeton has announced the completion of its $98 million Villawood residential project ‘One Place’, designed by Tony Owen Partners.
Located at 1 Villawood Place in the heart of the Western Sydney suburb, One Place comprises 161 residential apartments and a...
“While the building and construction pipeline of work is growing, so are the risks,” Mr Barwise said.
“Materials costs are literally going through the roof. Skilled trades are becoming hard to find and labour costs are rising. Interest rate increases...
- Advertisement -
