The Government of Western Australia has approved the preparation of new regulations to register building engineers as part of a reform package to improve regulation of the state’s building industry. WA’s first ever engineer registration scheme is expected to involve around 900 building engineers. Registration will provide greater accountability and consistency […]
Despite growing concern around the industry and the collapse of multiple construction businesses across Australia, eight in ten (81%) senior business leaders in construction surveyed, agree that the construction industry in Australia is stable. The inaugural Kennards Hire Construction Confidence Check, suggests that senior business leaders in the construction sector surveyed […]
Australia has become the fourth most expensive region for construction labour globally, reaching an average of USD$75.5 per hour. Switzerland (USD$118.1) is the most expensive followed by Austria (USD$77.7) and the USA is placed third (USD$77.1). The International Construction Market Survey (ICMS) from global professional services consultancy Turner & Townsend ranks […]
Australian builders are bearing the brunt of the fastest annual growth in construction costs since the introduction of the goods and services tax in 2001. New data from CoreLogic shows that in the 12 months to March 2022, construction costs increased by nine per cent. Outside the period when the GST was introduced, that [...]
Bunnings operates three sites of this nature in Australia, including Hallam in Victoria and Warnervale and Unanderra in New South Wales. Now the retailer said it plans to open more centres over the next 18 months as it corners the market for small to medium builders. Bunnings' chief operating officer for [...]
A new addition to Perth's skyline is in the pipeline. Western Australian Premier Mark McGowan has announced additional funding for the construction of a new pedestrian and cycle bridge across the Swan River. The project, which was originally announced in August 2020, was estimated to cost about $50 million. Mr McGowan and Prime Minister [...]