Construction Sector Records Another Expansion
Having recorded its first expansion in more than three years last month, the building and construction industry in Australia recorded even stronger gains last month, with a key index soaring to its highest level in more than three and a half year highs.In November, the Performance of...
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Victoria Set to Become 'State of Cities'
Victoria is set to become a ‘state of cities’ over the next four decades as large increases in population drive demand for housing and commercial property not just in the city but also in towns surrounding the Melbourne Metropolitan area, according to a planning and transport...
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Victoria flying high on third airport plan
OPTIONS for a third airport to service Melbourne’s southeast are being investigated by the Victorian government. A new long-term planning blueprint launched today – Plan Melbourne - reveals the state is considering a new airport to serve Gippsland and population growth in...
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Construction Hits 3 ½ Year High
The construction industry in Australia recorded its slowest pace of decline in almost three and a half years last month, according to the latest report.Driven by a strong improvement in housing and apartment building, the Australian Performance of Construction Index (Australian PCI®) lifted...
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