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Latest news: Construction and Property

Promise of 'light at end of the tunnel' for inflation

Promise of 'light at end of the tunnel' for inflation

Labor is determined to inject optimism into Australia's gloomy consumers as another interest rate hike appears all but certain.

Property developer rescue talks collapse, funds dry up

Property developer rescue talks collapse, funds dry up

Property developer rescue talks collapse, funds dry up

Property developer rescue talks collapse, funds dry up

Scores of construction workers have been laid off after administrators of a major property developer announced rescue funding talks had failed.

Dick and Jack remembered 200 years after their hangings

Dick and Jack remembered 200 years after their hangings

Dick and Jack remembered 200 years after their hangings

Dick and Jack remembered 200 years after their hangings

Questions are being raised about land under a prominent building belonging to First Nations people, during commemorations for Aboriginal men who were hanged.

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Former premier to front Big Build royal commission

Former premier to front Big Build royal commission

A recently deposed premier will be called to give evidence at a royal commission into alleged corruption on taxpayer-funded building sites.

Labor bets house on migration figure that won't behave

Labor bets house on migration figure that won't behave

Bringing migration down will disarm those who have weaponised one statistic against the government, but it's not clear that will happen, experts say.

Court grants embattled developer 12-month extension

Court grants embattled developer 12-month extension

The extension will allow administrators to finalise construction projects already underway, but is subject to securing additional funding.

Mortgage applications for first homebuyers drop sharply

Mortgage applications for first homebuyers drop sharply

Mortgage applications were down 14 per cent in August, compared to August 2025, with applications by first-time homebuyers down 20.1 per cent.

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Sellers flee auctions as housing downturn deepens

Sellers flee auctions as housing downturn deepens

Sellers flee auctions as housing downturn deepens

Sellers flee auctions as housing downturn deepens

More than three in five homes listed for auction converted to private treaty in July, the highest rate since the 2022 downturn, property site Domain has found.

Rising sea levels threaten more than 267,000 properties

Rising sea levels threaten more than 267,000 properties

Rising sea levels threaten more than 267,000 properties

Rising sea levels threaten more than 267,000 properties

Rising seas and storm surges could cost Australia more than $855 billion, endangering homes, businesses, infrastructure and land.

AI boom forecast as Australia's biggest bonanza yet

AI boom forecast as Australia's biggest bonanza yet

AI boom forecast as Australia's biggest bonanza yet

AI boom forecast as Australia's biggest bonanza yet

The economic benefits of AI adoption are beginning to flow in Australia, with about 15 per cent of tasks and occupations set to be replaced by 2060.

Developer hammered as staff stood down, projects paused

Developer hammered as staff stood down, projects paused

Developer hammered as staff stood down, projects paused

Developer hammered as staff stood down, projects paused

The business model of a crumbling development firm has been labelled strange and opaque, after workers were stood down and construction projects halted.

Time running out to keep housing developer afloat

Time running out to keep housing developer afloat

Time running out to keep housing developer afloat

Time running out to keep housing developer afloat

Administrators of embattled housing developer Bathla Group hope to secure a short-term funding package to keep the group afloat, but time is running out.

'Woke': ex-union boss slams charges over emails, posts

'Woke': ex-union boss slams charges over emails, posts

'Woke': ex-union boss slams charges over emails, posts

'Woke': ex-union boss slams charges over emails, posts

A former union leader has defended his actions after fronting court over a series of allegedly offensive emails and online posts to the union's administrators.

Federal police swoop on former CFMEU powerbroker's home

Federal police swoop on former CFMEU powerbroker's home

Federal police swoop on former CFMEU powerbroker's home

Federal police swoop on former CFMEU powerbroker's home

Federal police have raided the Melbourne house of a former CFMEU heavyweight as part of an investigation into alleged corruption in Victoria’s building sector.

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Funding deadline looms for embattled home developer

Administrators of a major residential developer have given themselves 24 hours to secure a make-or-break cash injection to keep the group afloat.

Property market to face 'deeper correction', bank warns

Property prices in major capitals are set to fall even further, one of the big four banks has cautioned, following a further downturn in the last month.

Why natural disasters are impacting the housing crisis

Natural disasters are diverting builders and resources from new housing, while soaring rebuild costs worsen Australia’s housing shortage.

Home buyers in 'driver's seat' but owners holding fire

Home owners are looking to wait out Australia's property market downturn as listing data points to a sluggish spring season.

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'Nowhere to go': developer collapse sparks buyer fears

A major residential property developer has entered voluntary administration, sparking fears off-the-plan buyers might be swept up in the fallout.

'Perfect storm': builder collapses, buyers in lurch

Insolvency experts have been called in to help rescue a major property developer which has thousands of homes to build across three states.

PM vows to take data centre policy to United Nations

Data centre regulation could be like the social media ban and become the next area of technology Australia leads the world in, the prime minister says.

Modular homes rollout to hasten build times, cut costs

The National Reconstruction Fund's latest investment promises to build apartments 20 per cent cheaper and 50 per cent faster than traditional methods.

Real estate group in the red after messy offshore exit

Real estate and construction group Lendlease continues to struggle against a heavy share price, leadership departures and its exit from global operations.

Colombia asks Trump for tariff relief post-quake

Colombia's President Abelardo de la Espriella has asked US President Donald Trump to suspend tariffs to help Colombia recover from a devastating earthquake.

Ex-union boss bailed after social media threats charges

A former union leader has been granted bail after facing court on charges over a social media post that prosecutors allege was a "targeted, calculated attack".

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