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The nation’s inflation-fighting focus should be trained on price-gouging corporations like banks, and not productivity-boosting infrastructure, the CFMEU has warned. The Reserve Bank raised rates yet again today, with the major banks expected to follow suit. Yesterday, Westpac announced a $7.2 billion profit with the other big banks due to announce similar results. CFMEU … Continued
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NSW Fair Trading issued a stop work order to the developer of a Forster apartment building complex last Friday, following their visit to more than 70 building sites on the mid-north coast in October. Construction at 29-33 Wallis Street, Forster was ordered to cease as of 5pm, Friday 3 November 2023. The developer is ‘The … Continued
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OPINION PIECE BY JON DAVIES, CEO, AUSTRALIAN CONSTRUCTORS ASSOCIATION – 6 November 2023 “Last week, economists at ANZ Bank looked at the country’s big plans for building things like roads and bridges. They changed their definition of what counts as a ‘major project’ from anything above $100m to anything above $500m because there are so … Continued
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A new fire-retardant paint, formulated by engineers at UNSW Sydney, has become the first to pass a stringent Australian standard test that simulates a bushfire attack. The paint, which is now on sale at selected Bunnings stores, achieved the Bushfire Attack Level (BAL) 40 standard which assesses the bushfire resistance of buildings and construction materials. … Continued
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The CFMEU ACT is calling on the Territory Government to urgently introduce its long-mooted property developer licensing scheme, in light of ASIC disqualifying Canberra developer Paul Hamilton for two years for his involvement in five failed companies. The ACT Government signalled its intention to introduce a developer licensing scheme for several years, but the laws … Continued
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Property leader Dexus has upgraded the Gateway building in Sydney’s Circular Quay, to feature entry security measures that are increasingly demanded by tenants seeking protection of employees, visitors, and valuable data. Gateway is Australia’s first office tower to use fully integrated touchless fingerprint scanning to allow authorised office workers and guests into the building. … Continued
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Master Builders Australia, the peak building and construction industry association, has today released its analysis into the state of new home building times. “During 2022-23, the average build time for detached houses increased from 10.3 months to 11.7 months,” Master Builders Australia CEO Denita Wawn said. “For new townhouses, it now takes a … Continued
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CIMIC Group’s Broad Construction has been selected to deliver TAFE Queensland’s new Robotics and Advanced Manufacturing Centre at the Eagle Farm TAFE campus for the Department of Youth Justice, Employment, Small Business and Training. The project is a part of the $100 million Equipping TAFE for our Future (ETFoF) program of works to invest, build … Continued
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Hassall Developments Pty Ltd (receivers and managers appointed) has signed an Enforceable Undertaking with the Office of the Building Commissioner to remediate all serious defects in the Parramatta building development. Since November 2020, NSW Fair Trading completed various inspections and audits on the apartments at 9 Hassall Street, issuing building work Rectification Orders and a … Continued
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MEDIA RELEASE 31/10/2023 Aussie invention tops the world ———————————————————————————————————————- An Australian Steel Institute (ASI)-nominated invention for propping up structures during construction or maintenance has topped the world at the World Steel Association (WSA) constructsteel Awards 2023. The project Quadshore: The world-leading lightweight propping solution for temporary construction works was voted Innovation of the … Continued
