Tag: Building and Construction
Quake-hit Christchurch tightens building code
Christchurch City Council has toughened the building regulations for properties deemed to be earthquake-prone.[MORE]
Construction falls for fourth straight month
The construction sector's health waned for a fourth consecutive month in August, as fiscal stimulus continued to pull back.[MORE]
New Zealand gets an economic shake-up
The Christchurch earthquake reveals the unfortunate reality that tragedy can be good for economic growth. [MORE]
Govt red tape blamed for cheap housing group's demise
A developer is blaming a lack of support from the Tasmanian Government for the demise of an affordable housing group.[MORE]
Affordable housing numbers will improve, conference told
A national conference on homelessness has heard there should be significant progress on the issue in the next two years as homes built with stimulus money are finished.[MORE]
Hardie loses appeal, faces $370m tax bill
James Hardie has lost an appeal against the Australian Tax Office, meaning it could be forced to pay about $370 million in tax liabilities. [MORE]
Qld housing and construction 'in trouble'
A property development group says new housing approval figures for July show the building and construction industry is in trouble in Queensland.[MORE]
Bligh cops criticism over public transport plan
The Qld Government has come under fire from experts and the Opposition over its 20-year plan for a world-class public transport system.[MORE]
Retail and building bounce offset stagnant lending
A surprise bounce in retail sales and building approvals has boosted optimism about Australia's economy on financial markets.[MORE]
Major highway deviation a step closer
Engineers are finalising geotechnical investigations for a multi-million highway deviation on the New South Wales far south coast.[MORE]
Profits surge bodes well for economy
Economists say a surge in company profits over the June quarter bodes well for this week's economic growth figures.[MORE]
Injured construction worker still critical
A 25-year old sub-contractor remains in a critical condition in hospital after a workplace accident in Brisbane yesterday. He was crushed between a lift and a concrete beam on a construction site in Albert Street. [MORE]
Private sector boosts building work done
There has been a better than expected improvement in the amount of work done by the construction sector in the second quarter.[MORE]
Glut of empty units stalls construction in Darwin
The Master Builders Association says an oversupply of apartments in Darwin is affecting the local construction industry.[MORE]
Mining, media conglomerate Seven posts profit
Seven Group Holdings has announced a profit of $718 million for the two month period from late April to the end of June.[MORE]
System working well, despite Frankston evacuation: Commissioner
The Building Commissioner has defended Victoria's building inspection system, despite an emergency evacuation at Frankston last week.[MORE]
Evacuation order 'knee-jerk': Commissioner
Victoria's Building Commissioner Tony Arnel says a decision to evacuate a block of apartments at Frankston was an "over-reaction."[MORE]
GPT returns to profit
Property development firm GPT Group has managed to reverse its fortunes, turning in a half-year-profit of $145.2 million.[MORE]
What a Downer - profits slide on train costs
Engineering services company Downer EDI has reported a 98 per cent plunge in its full-year net profit.[MORE]
Boral slips to $91m loss
Building materials group Boral has posted a full year loss, after struggling with the US and Australian housing downturn and restructuring costs.[MORE]
Coalition infrastructure plan 'a drop in the ocean'
A leading economist says the Coalition's infrastructure proposal will do nothing to help worthwhile, but unprofitable, projects get up.[MORE]
Leighton posts record profit
The construction firm Leighton Holdings has announced a record full-year profit of $612 million, boosted by growth in mining services and infrastructure projects.[MORE]
Lend Lease returns to profit despite revenue slump
Property development group Lend Lease has turned around its fortunes to report a full-year profit of just over $345 million.[MORE]
James Hardie's profit turnaround
The building materials company James Hardie has announced a big turnaround in its earnings, with a profit of $117 million for the June quarter.[MORE]
Mid-north coast committees plan for the future
A strong network of infrastructure and technology is seen as crucial to the future development of the region stretching from Newcastle to the Northern Rivers.[MORE]
