New housing starts hit two-year low
Housing starts of apartments fell to their lowest level in two and a half years in the June quarter as developers held off projects.
Housing starts of apartments fell to their lowest level in two and a half years in the June quarter as developers held off projects.
It's all hands on deck for interested parties circling Inrail Rail, the lucrative $10 billion project from Melbourne to Brisbane.
Boral is the best bet for ASX investors eyeing the $100 billion infrastructure boom and the looming housing slowdown, according to Bank of America Merrill Lynch.
Chevron has finally reported the start-up of production at its $US34 billion Wheatstone LNG project on the WA mainland.
WorleyParsons will expand into the North Sea for the first time after buying Amec Foster Wheeler's UK oil and gas business.
Aluminium panels of the sort that exacerbated a fire at Melbourne's Lacrosse residential tower will no longer be used on high-rise buildings.
The figures support the picture of a housing construction sector that is slowing as apartments come off the boil.
CEO departure two weeks after chairman praised his 'fantastic' job suggest founding family takeover by stealth is progressing.
Timing of the announcement before Friday's gathering of state and territory building ministers increases pressure on the Coalition to act.
The 123ha Holden manufacturing plant site in northern Adelaide will be transformed into a ''business park'' when the factory shuts.
The $4 billion plumbing and bathroom products firm Reece Group has brushed aside fears about buying businesses from private equity owners.
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