Tag Archives: buildingindustry

Trouble in Qld construction industry & worse may be to come

Referring to the recent failures of building companies such as CMF Projects, CKP, and Cullen, the Courier-Mail this morning observed: …we hear that even the higher profile builders (household names actually) are getting nervous with soaring costs cutting into profits, … Continue reading

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Unit approvals plummet in rest of Aus. with Qld likely to follow

The Brisbane Times reported the other day that Brisbane renters were being offered inducements such as iPads, suggesting that supply growth has got ahead of demand growth in Brisbane recently. This should reduce the enthusiasm of investors for the Brisbane … Continue reading

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Building construction rebounded in September quarter, but still below previous highs

All the cranes on the Brisbane skyline, from the Valley and Newstead, to West End, Milton and Toowong, might suggest there is a building boom underway. Certainly activity is increasing in the building industry. Building construction work done in Queensland … Continue reading

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Qld economy propped up by residential building as business investment slumps

The Brisbane Times has a report this morning on the well-known slump in business investment in Queensland, due partly to the completion or near completion of the LNG projects at Gladstone and partly to relatively low business confidence (see Qld … Continue reading

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Apartment & townhouse approvals double in January – catch up or over-shoot in supply?

The massive surge in apartment and townhouse approvals in January reported by the ABS today (chart above) is welcome news for the Queensland building industry and people looking to buy or rent an apartment in inner city Brisbane, where much … Continue reading

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Residential building activity recovering nicely, but still below levels of mid-2000s

Builders across Queensland should have noticed higher levels of residential building activity lately, although they may still be disappointed activity remains below the levels of the mid-2000s (see chart based on ABS building activity data released yesterday below). The new … Continue reading

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Ipswich set for building boom

I wrote last year about how Ipswich will play an important role in the eventual recovery of the Queensland building industry. The outlook for the building industry in Ipswich now appears even better than it did then, with a huge … Continue reading

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