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Latest news: Construction and Property

Insurers demand action on risks to stay above water

Insurers demand action on risks to stay above water

The financial hit from catastrophes may have dropped over the past 12 months but insurance premiums keep rising, an industry report shows.

Two hundred homes in limbo as another builder collapses

Two hundred homes in limbo as another builder collapses

Two hundred homes in limbo as another builder collapses

Two hundred homes in limbo as another builder collapses

There are concerns for 200 prospective homeowners and the construction sector more broadly after another builder collapsed, citing rising construction costs.

Founder draws on seeds of change with hemp construction

Founder draws on seeds of change with hemp construction

Founder draws on seeds of change with hemp construction

Founder draws on seeds of change with hemp construction

At a processing mill in northern Tasmania, a women-only start-up with bold expansion plans is using an unlikely material to shake up the construction sector.

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Greens tag low investor appetite for building new homes

Greens tag low investor appetite for building new homes

New analysis shows the majority of housing investment is pumped into existing dwellings, sparking calls for rental reform with new supply stalling.

Property market blooms on first weekend of spring

Property market blooms on first weekend of spring

The weather is hotting up and so is the property market, with a surge in the number of auctions set to be held over the first weekend of spring.

Business investment jumps 2.8pct as supply chains ease

Business investment jumps 2.8pct as supply chains ease

Business investment has picked up because of solid growth across buildings, machinery and equipment, the Australian Bureau of Statistics says.

'Bizarre' position over home for Tasmanian AFL team

'Bizarre' position over home for Tasmanian AFL team

The Hobart City Council has indicated it doesn't want a high-performance centre, to be the home of a Tasmanian AFL team, to be built at two parkland locations.

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No penalties for areas that resist high-density housing

No penalties for areas that resist high-density housing

No penalties for areas that resist high-density housing

No penalties for areas that resist high-density housing

The NSW government is pushing for inner-Sydney areas to take more new homes as a report highlights the cost to taxpayers of building in outer suburbs.

Crunching the numbers on climate risk without greenwash

Crunching the numbers on climate risk without greenwash

Crunching the numbers on climate risk without greenwash

Crunching the numbers on climate risk without greenwash

Australian companies face mandatory climate reporting as consumers and investors demand information they can trust and action to prevent even higher costs.

Builder sues $3.6 billion resort for cost 'breaches'

Builder sues $3.6 billion resort for cost 'breaches'

Builder sues $3.6 billion resort for cost 'breaches'

Builder sues $3.6 billion resort for cost 'breaches'

The builder delivering Brisbane's new Queen's Wharf resort and casino has sued the project's backers claiming more than $400 million in additional costs.

Skills week an olive branch to change in career pace

Skills week an olive branch to change in career pace

Skills week an olive branch to change in career pace

Skills week an olive branch to change in career pace

If work has got you down and the daily grind is feeling bleak, an olive branch and new profession is being offered ahead of national skills week.

Home insurance out of reach as climate disasters surge

Home insurance out of reach as climate disasters surge

Home insurance out of reach as climate disasters surge

Home insurance out of reach as climate disasters surge

The biggest rise in premiums in 20 years has raised concerns households may forego insurance and be even harder hit when the next disaster strikes.

James Hardie soars on strong first-quarter earnings

James Hardie soars on strong first-quarter earnings

James Hardie soars on strong first-quarter earnings

James Hardie soars on strong first-quarter earnings

Fibre cement building tile manufacturer James Hardie says its operating cash flow was up 64 per cent to a record $US252.3 million in the first quarter.

Home prices to keep rising despite higher rates: REA

Home prices to keep rising despite higher rates: REA

Home prices to keep rising despite higher rates: REA

Home prices to keep rising despite higher rates: REA

Property prices across Australia are predicted to increase by up to five per cent in 2023, with some capital cities forecast for an even higher growth rate.

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Construction union urges speedy ban of stone benchtops

While a union ban on engineered stone benchtops is set to kick in within months, the head of the CFMEU wants the federal government to act sooner.

Union wants super profits tax to pay for social housing

A union boss is challenging the federal government to think big and slap a super profits tax on big businesses to pay for social housing.

Call to help coal, oil and gas workers cope with change

Workers made obsolete in the push from coal, oil and gas to clean energy should receive individual career support packages, a business-backed think tank says.

Brutal reality of Australia's housing crisis laid bare

More Australians are missing out on the dream of a home with four in five renters in housing stress, a national housing campaign report reveals.

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Sydney going backwards on housing: NSW premier

Sydney is falling behind on building new homes compared with elsewhere in the country, despite being the most acutely affected by shortages and price hikes.

Clean energy gets dirty as politics of transition flare

Federal Climate Minister Chris Bowen has taken a swing at his political opponents, claiming a "cabal of climate denial" runs policy in the federal opposition.

Property giant Lendlease to lay off 740 employees

ASX-listed real estate company Lendlease says it will trim its workforce globally by 10 per cent, with five per cent of its Australian staff to lose their jobs.

Construction costs slow to lowest rate since pandemic

The cost of building a home has slowed for the first time since the COVID-19 pandemic, taking pressure off the industry following several company collapses.

Fugitive developer's property empire in administration

An administrator has been appointed to Toplace, the development firm of accused fraudster Jean Nassif, leaving a cloud hanging over major property developments.

Victorians to pay the country's most property taxes

An independent report has laid bare the extent to which both the Victorian and NSW state budgets depend on property taxes.

Sydney developer stripped of licence amid police hunt

Property developer Jean Nassif who is accused of fraudulently taking out a $150 million loan has lost his licence after police issued a warrant for his arrest.

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Politics Australia Crime, Law and Justice New South Wales Queensland Australian Rules Football Economy, Business and Finance Environmental Issue South Australia Tasmania Energy Transport Energy and Resource Housing and Urban Planning Agriculture Mining Global Warming Economy State Budget and Tax Electricity Production and Distribution

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