The long-suffering building construction industry might finally find it easier to maintain a profit with lower construction costs providing hope for the future.
Global supply chain chaos means rise and fall clauses are all the rage in building development contracts
It’s hard to remember a time when building costs were less stable than they are currently, which makes the rise and fall clause in building contracts red hot right now.
Building a new home is all rage in Australia right now while government grants and record low interest rates provide fertile ground.
Australians are increasingly moving towards apartments, now nearly half of all homes being built according to the Australian Bureau of Statistics.
If you’re using builders to help renovate your property or put in extensions, it can be daunting to open quality communication with them.
New BIS Oxford Economics figures say Australia’s residential building boom is long gone and housing construction will fall 30 per cent from peak to trough over a two-year correction.
Commercial construction is forecast to surge 15 per cent this year after three years of decline.