News
The Retirement Living Council (RLC) is calling for government action to address declining confidence in retirement construction activity, as revealed by the latest Procore/Property Council Survey. The survey indicates that sentiment in the retirement construction sector has fallen to its lowest point since December 2022, with capital growth expectations also…
Steel and concrete industry poised for green transformation, new report reveals
A groundbreaking report released at Climate Week NYC by Climate Group and Ramboll unveils a significant shift in the global business landscape towards sustainable construction materials. Nearly half of the surveyed companies expressed willingness to pay a premium for lower-emission steel and concrete, signalling a robust demand for eco-friendly alternatives…
RMIT engineers develop innovative flat-pack building material
Engineers at RMIT University have unveiled a groundbreaking tubular structural system that can be packed flat for easy transport and pop up into robust building materials. This innovative design, inspired by curved-crease origami techniques, incorporates a self-locking mechanism that transforms the flat-pack tubes into strong, self-locked structures. The tube design…
John Kinsella AM named Urban Taskforce Property Person of the Year 2024
John Kinsella AM, Managing Director and co-founder of Billbergia, has been named the Urban Taskforce Property Person of the Year for 2024. The prestigious award, announced by Urban Taskforce Executive Committee Chair David Ghannoum, recognises Kinsella's outstanding contributions to the property development sector over the past 36 years. Kinsella, who…
MBA calls for urgent action to address construction industry workforce shortage
Master Builders Australia has released a comprehensive report highlighting the critical workforce shortage facing the nation's building and construction industry. The Future of the Workforce report reveals that the sector requires an additional 130,000 workers this year to overcome current shortages. The report emphasises that this shortfall is in addition…
Construction firms partner with Robotics Australia Group to transform industry
Laing O'Rourke and John Holland, two of Australia's premier construction companies, have announced their sponsorship of Robotics Australia Group (RAG) in a move set to revolutionise the construction industry through robotics and automation. This partnership aims to enhance productivity, safety, and sustainability in the sector by collaborating with local robotics…
Australia’s logistics and industrial market shows strong recovery signs
Australia's logistics and industrial (L&I) investment market is experiencing a robust recovery after a prolonged period of pricing dislocation. Year-to-date transaction volumes and deal values have significantly outpaced the same period last year, indicating growing confidence among domestic private investors and global investors re-entering the market. In the year leading…
Australia leads world in banning engineered stone, but silica risks remain
Australia’s ban on the importation of engineered stone — effective July 1, 2024 — positions the country as a global leader in protecting workers from silicosis, a deadly lung disease caused by inhaling respirable crystalline silica (RCS) dust. However, experts warn that significant health risks persist for workers in various…