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Category: Building Construction

GS Engineering & Construction signs contract with Victorian Government for Suburban Rail Loop East tunnelling package

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GS Engineering & Construction (E&C) Australia, as part of the Terra Verde joint venture, has signed a contract with the Victorian Government to deliver the Tunnels North contract for Suburban Rail Loop (SRL) East in Melbourne, Australia. The contract, valued at AU$1.7 billion, involves design and construction of nearly 10 kilometres of two parallel tunnels … Continued

Güntner Appoints Michael Bauer as Global Vice President for Growth and Success

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FÜRSTENFELDBRUCK, Germany–BUSINESS WIRE– Güntner, a global leader in refrigeration and heat exchange technology, today welcomes Michael Bauer as Global Vice President for Growth and Success. In this role, Bauer will oversee the strategic direction of A-HEAT—Güntner Group’s holding company, a leader in heat exchange technology—focused on enhancing sales, marketing, and service initiatives to drive worldwide … Continued

It shouldn’t take this long to build a home

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Master Builders Australia has today released new analysis of Australian Bureau of Statistics data which shows detached home and apartment building times continue to blow out.   Fifteen years ago, it took on average 9 months to build a stand-a-alone house. Fast forward to today and it now takes 12.7 months – an increase of … Continued

Home building approvals hit 15-month high

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31 October 2024   Building approvals rose by 4.4 per cent in September and 6.3 per cent over the quarter, indicating a recovery in the home building market, according to new ABS figures.   However, Master Builders Australia’s Chief Economist Shane Garrett said there’s still a long way to go to meet the Housing Accord’s … Continued

Inflation moves towards target but builders caution against complacency

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30 October 2024   While annual inflation is back within the Reserve Bank of Australia’s target band for the first time since 2021, Master Builders Australia has warned temporary energy relief and rent assistance measures are masking systemic housing inflationary issues.   The housing crisis continues to put a strain on Australians with new data … Continued

New research confirms flexibility key to achieving work-life balance

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30 October 2024 A new study into the work-life balance of building and construction industry participants has found workplace flexibility is needed over a 5-day week to achieve a healthy work-life balance.   Master Builders Association of New South Wales in partnership with the School of the Built Environment at the University of Technology Sydney … Continued

Response to COVID-19 inquiry report on HomeBuilder

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Following the release of the COVID-19 inquiry report handed down today, Master Builders Australia CEO Denita Wawn said HomeBuilder was the right policy for the time and should not become the scapegoat for systemic housing challenges.   “The Federal Government had a difficult job of keeping the economy afloat with targeted stimulus measures while keeping … Continued

Breaking Barriers: How Women Are Leading a Quiet Revolution in the Australian Construction Industry

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Sydney, Australia – October 2024: Australia’s construction industry, long dominated by men, is undergoing a quiet revolution. According to Construction Skills Queensland (CSQ), female participation reached a record high in May 2024, but women still represent only 17% of the workforce and just 5% in construction trades. As the country grapples with skilled labour shortages, … Continued

Ioneer’s Rhyolite Ridge Lithium-Boron Project Receives Final Permit Approval from U.S. Federal Government; Construction Planned for 2025

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Project will quadruple U.S. lithium output, create hundreds of high paying jobs in rural Nevada SYDNEY–BUSINESS WIRE– Ioneer Ltd (“Ioneer”) (ASX: INR, NASDAQ: IONR) received its federal permit for the Rhyolite Ridge Lithium-Boron Project from the Bureau of Land Management. With the positive decision, Rhyolite Ridge becomes the first U.S. lithium project approved by the … Continued