News
The Australian federal budget’s changes to the migrant intake have drawn sharp criticism from the construction sector, with industry leaders warning the measures fall short of addressing severe worker shortages ahead of the Brisbane 2032 Olympics. While the budget introduces reforms to accelerate occupational licensing and fast-track skills assessments, aiming…
New report finds office development will decline as margins tighten
Australia’s new office development pipeline is expected to decline further from its multi-decade lows as elevated construction costs and tighter feasibility conditions halt new builds, according to new research from Cushman & Wakefield. The report, The Cost to Build: Rising Economic Rents are Constraining New Office Supply, reveals that building…
City of Sydney unveils $1B budget for infrastructure and services
The City of Sydney will invest more than AU$1 billion investment in infrastructure, services, and city-shaping projects over the next 12 months to support its 242,000 residents. The 2026/27 budget allocates AU$671 million to operational expenditure, funding essential public cleaning, local business support, and the maintenance of roads, parks, and…
South Australia revives medium‑density housing to boost supply and affordability
The South Australian government is set to bring back ‘missing middle’ housing, aimed at plugging the gap between traditional detached suburban homes and high-rise apartment blocks. The initiative reintroduces low-rise, medium-density home types, such as duplexes, manor homes, and boutique apartment buildings, into established suburbs. In recent decades, national building…
New $11M TAFE Centre of Excellence set to grow construction workforce in Sydney
The federal and New South Wales state governments have announced an AU$11 million joint investment to build a new Construction TAFE Centre of Excellence in Sydney’s west, designed to fast-track training and boost Australia’s housing supply. The existing Institute of Applied Technology – Construction at the TAFE NSW Kingswood campus…
Australia: Construction sector coming under increasing pressure as Middle East conflict continues
RICS has released the Q1 2026 Global Construction Monitor, which confirms that headline construction activity is remaining relatively steady, with the Construction Sentiment Index moving from +7 to +8. Importantly, however, the sector is also recording material cost pressures rising markedly with 12-month cost projections rising sharply across the board.…
Budget cuts threaten Australia’s apprenticeship pipeline
Australia's peak national employer body has warned that a decision in last week's Federal Budget to strip many employers of apprenticeship incentives will deepen the country's skills shortage and cut off pathways to training for thousands of Australians. Innes Willox, chief executive of the Australian Industry Group, said financial incentives…
Queensland and federal governments invest $2.4B in new homes across the state
The Australian federal and Queensland governments have locked in a AU$2.4 billion agreement to build more than 51,000 homes across Queensland, including more than 20,000 exclusively for first home buyers. The deal is a key component of federal government’s commitment to construct 100,000 first-time buyer homes in partnership with the…











