“New Home Sales increased by a further 15.2 per in November to reach a decade high,” stated HIA’s Economist, Angela Lillicrap.
The NSW Environment Protection Authority (EPA) is calling for innovative and new projects looking for ways to re-use discarded materials to make new products or for new uses, and for construction projects that want to re-use materials like construction waste, glass or plastic, to apply for new grants to help create a circular economy.
“The detached housing market continues to perform strongly and as it accelerates will pull the rest of the Australian economy forward into 2021,” stated HIA’s Chief Economist, Tim Reardon.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) improved by a further 7.5 points to 52.7 in October 2020, with the return to mild expansion driven by housing construction (readings above 50 indicate expansion in activity, with higher results indicating a faster expansion).
Green Building Council of Australia (GBCA) is pushing to eliminate natural gas in buildings with the biggest overhaul of its Green Star rating system in 18 years.
The WA Government will give more Western Australians the opportunity to access the highly successful Building Bonus program, by giving homebuilders more time to commence site works to qualify for the $20,000 grant.
Construction is now underway on Stage 1 of the much anticipated Bussell Highway dual carriageway in the state’s South West.
The Australian Constructors Association (ACA) has launched a ground-breaking Australian Construction Industry Charter to spearhead much-needed industry reform to help ensure stimulus projects are delivered efficiently and their benefits shared and maximised.
The Budget will boost confidence in the building and construction sector, protect the viability of thousands of building and construction businesses and save the jobs of the more than one million people that they employ.
Master Builders Australia commends the Federal Government for its Budget measures to support women during the pandemic, including in the building and construction industry.