The market for new housing construction has rebounded slightly as the HomeBuilder Grant spurred demand for new homes, according to the latest building approval data from the Australian Bureau of Statistics (ABS).
Modern Slavery: Your Critical Questions Answered
With the introduction of Australia’s Modern Slavery Act 2018, many organisations are starting to measure social impacts, evaluate human rights commitments, and assess the risks of modern slavery across operations and supply chains. This, of course, generates multiple questions as well as frequent requests for the ‘right’ resources. ‘Modern slavery’ describes situations where offenders use […]
How Planning Will Boost Economic Recovery
Australia is the Lucky Country but sometimes even the fortunate have to deal with Bad Luck.
COVID Wipes $2.699 Billion from Construction Economic Contribution
Almost $2.7 billion has been wiped from the construction sector’s contribution toward Australia’s economic output, the latest data shows.
Queensland Lays Down Law on Walkable Neighbourhoods
Grid-like street patterns to promote connectivity, maximum block lengths, provision of footpaths, provisions of parks or open spaces and provision of street trees are amongst new requirements for residential subdivisions throughout Queensland as the Government in that state seeks to make neighbourhoods more friendly for active transport modes such as walking and cycling.
When Will we Get it Right?
Over two years after the release of the Shergold/Weir Report (BCR) into the building industry the Building Ministers Forum (BMF) who commissioned the report have now decided to adopt its 24 recommendations in full or so it appears.
Victorian Cladding Victims Will Have Two More Years to Sue
Owners of apartments whose buildings are clad in flammable material will have up to twelve years to sue for compensation for a limited time if new legislation being introduced into Parliament becomes law.
Recession demands Leadership to Drive the Economy
The economic data published yesterday is a wake-up call for the NSW Planning System. A 7% decline in GDP is not just an economic recession, it’s a human disaster. Australian Gross Domestic Product (GDP) fell 7.0 per cent in the June quarter, the largest quarterly fall on record, according to figures released by the Australian Bureau of Statistics.
Are Contingent Payment Clauses Enforceable in Florida Construction Subcontracts?
Contingent payment clauses can be found in almost all Florida subcontracts. These clauses require an owner to make payment to a contractor before the contractor has any obligation to pay … Read More
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Surprising Universality to Stock Market Enthusiasm
High Tech Stocks Ride to the Rescue
Table 1 below shows several of the key metrics for four major U.S. and Canadian stock market indices. In August, two of the four indices managed to soar to new all-time highs, the S&P 500 and NASDAQ. Furthermore, they reached those summits during trading on the final day of the month, indicating that further upward movement might be expected in early September at least.