construction

Building activity has been booming, even despite rising interest rates, the latest ABS figures have shown.

Recent analysis of Interim Finance’s portfolio has revealed a 220 per cent increase in construction loans from the previous financial year. This significant jump can be attributed to a ...

The industry association has called for the construction commencement of more apartments for the government to achieve its housing target.

The community housing body has released its 2022 election platform, announcing a need for all federal parties to focus further on affordable housing.

The building sector has been pumped up from the backlog of construction work, but demand is beginning to ease as the cost of mortgages increases.

Construction costs for residential dwellings rose over the September quarter, likely adding more pressure on the Albanese government’s ambitious new homes target.

Costs for construction continue to be the main constraint for new housing development in Australia, NAB’s latest property survey highlighted.

There’s “no reprieve in sight” as home construction — and waste disposal — costs boom, according to CoreLogic’s latest data.

Construction costs across Australia have had the highest annual growth rate since March 2005, with a researcher warning supply-chain issues may further boost house prices.

As labour shortages and rising costs continue to put constraints on the construction industry, the property sector remains hopeful.

Australian business turnover has seen slight lift in September, largely driven by the construction industry; however, sentiment among commercial investors remains subdued.

Building activity has continued to decline amid rising construction collapses.

The number of owner-occupiers taking out loans to build a home has fallen to record-low levels, new data has revealed.

Lending to build or purchase a new home remains at two-decade lows, signalling a more persistent downturn, HIA’s chief economist has said.

There were record-high numbers of dwellings under construction in the June quarter 2022, the ABS has revealed.

A drop in apartment, unit and town house projects dragged the number of dwellings approved to build by 18.5 per cent over March.

The number of new dwellings approved for building fell by 4.3 per cent in September, dragged mostly by a “large fall” in house construction.

The reputations of construction companies have impacted loan approvals, a new report from Stamford Capital has said.

The building association has called for action from the government with the construction industry currently the weakest link in the economy.

National home sales fell during May following the changes to the National Construction Code.