construction

Big home builders warn that thee crunch from higher levies and taxes are adding to costs and choking new supply.

The housing estate developer is confident it can navigate challenging construction conditions as green shoots begin to appear in the market.

We need to stop thinking about building more houses and instead get on with manufacturing them, because technological advances mean that they can be mass produced to meet demand.

Commercial property construction accounts for the majority of cranes dotting the skylines of Australia’s largest cities as residential projects struggle to get out of the ground.

Australia will fall hundreds of thousands of homes short of the Albanese government’s housing targets as buyer appetite to build remains dampened by interest rates and builder insolvencies.

Development and building giant Lendlease, under pressure from activist investors and with a sliding share price, will refocus from abroad to its Australian operations, says CEO Tony Lombardo.

Slower builds and cost blowouts will be the biggest challenges of 2024 for the construction sector, says Hutchinson Builders director Jack Hutchinson, as data shows a pick-up in the amount of work ahead.

The famed building company is turning funds manager as it searches for the next leg of growth amid tough times for traditional offices and malls.

The Housing Industry Association’s outlook for the next few years paints a bleak picture for the Sydney and Melbourne home building market, with little left in construction pipelines.