Business News The federal government’s $54 million budget pledge to support modern construction methods may have felt like déjà vu for many Western Australians. Just 21 days earlier, the state government made a similar commitment, allocating $50 million to alternative building methodologies. Both levels of government noted that the funding was designed to help accelerate […]
Business News Housing completions in Western Australia are steadily increasing, but still have a long way to go to catch up to the targets set by the federal government. Data from the Australian Bureau of Statistics shows that 5,769 dwelling were completed in the recent December quarter, and over the entire year 20,457 homes were […]
ABC News When it comes to housing, Australia loves a taskforce. More than 50 years ago, the federal government established one to “investigate modern housing techniques” to boost Australia’s “large, unsatisfied demand for housing”. It published a 114-page report in 1974, describing, in minute detail, the benefits and challenges of shifting housing construction in Australia […]
Business News Henning Larsen is a household name in Scandinavian architecture. The Copenhagen design firm, bearing the name of its late founder, is a leader in mass timber design. It has designed buildings using wood materials for several years, with its first large-scale timber project the World of Volvo in Sweden. Conceived in 2018 and […]
The West Australian When COVID-19 disruptions caused inflation to shoot up, so did the cost of building new homes. So, as inflation returns to normal, why are construction costs accelerating again? It’s a dilemma that is throttling the industry and preventing it from delivering the new supply needed to ease housing affordability. When COVID-19 disruptions […]
The West Australian Building mogul Dale Alcock says the industry needs a freeze on red tape and a big inflow of workers to fight the housing crisis. The Federal Government wants 1.2 million properties finished within five years but the boss of Australia’s second biggest home builder has warned growing regulation is adding to construction […]
WA Today The cost of building a new home in Perth has continued to climb, pushing the city’s depleted established residential property market to new highs. CoreLogic’s latest Cordell Construction Cost Index, which tracks the cost to build a typical new dwelling, showed residential construction costs grew 1 per cent over the September quarter, in […]
Domain Demand for housing is booming across Perth, with new figures from the Urban Development Institute of Australia in WA revealing a 92 per cent increase in the number of new land sales over the past 12 months. According to the institute’s Urban Development Index for the December quarter 2023, new land sales in the […]
The West Australian Despite a crisis of confidence in the building sector, the house-and-land package dream is being revived, with Perth recording its largest number of land sales in more than three years. The rise follows a period of poor sales, as buyers shied away from the troubled industry amid a raft of company collapses and tardy […]