Tag: Building and Construction
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]
Stockland back in black, rates biggest threat
Property developer Stockland Group has announced a full-year net profit of $478.4 million.[MORE]
Groundwork begins for Valley development
The next housing development for Alice Springs will move a step closer today with the start of site preparations at Mount Johns Valley.[MORE]
Business confidence slides further
Business confidence has continued sliding towards negative levels, while trading conditions also worsened in July.[MORE]
WA builders 'tarnished' by NSW counterparts
The Master Builders Association says the interim report on the Federal Government's building program shows WA builders have acted more responsibly than their eastern states counterparts. [MORE]
