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Point anti-inflation guns at corporate profits, not public infrastructure

By API User

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

Stop work order issued to Forster apartment building site

By API User

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

Review productivity not big build – opinion piece

By API User

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

Fire-retardant paint, developed at Australian university, is first to protect homes from extreme fire conditions

By API User

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

Touchless Dexus security upgrade integrates a perfect jigsaw of solutions to meet tenant needs

By API User

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