Tag Archives: buildingindustry

Housing outlook improving

Posted on September 3, 2013 by Gene Tunny

Yesterday’s building approvals data from the ABS should be encouraging for the Queensland building industry because they signal a recovery in housing construction, just as approvals of new apartment stock are declining. Approvals of private houses are trending upwards (first … Continue reading →

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Good signs for building industry, but conditions will remain weak this quarter

Posted on August 8, 2013 by Gene Tunny

Yesterday’s new ABS data on housing loans were a good sign for the Queensland building industry, as they confirmed strong growth through the year (at 5.8%) in lending for the construction and purchase of new dwellings (also see the HIA media … Continue reading →

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RBA says SEQ builders see signs of improvement in sector

Posted on March 14, 2013 by Gene Tunny

Christopher Kent of the RBA has given an informative speech on Recent Developments in the Housing Market, in which he noted there are signs of improvement in the SEQ building industry: Approvals in Queensland have been subdued, particularly on the … Continue reading →

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HIA still worried about Qld housing industry

Posted on February 19, 2013 by Gene Tunny

Building approvals are a reasonably good leading indicator of economic activity across the economy because the construction industry employs nearly 10% of the workforce (see this OESR table) and it buys a lot of products from other parts of the … Continue reading →

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Qld building industry recovery postponed

Posted on January 10, 2013 by Gene Tunny

In a post last month I observed that of the so-called four pillars of the Queensland economy – agriculture, construction, resources and tourism –  the resources sector has been the only one with employment growth in recent years. Unfortunately, new … Continue reading →

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Ipswich to lead building industry recovery

Posted on November 1, 2012 by Gene Tunny

There is more encouraging news for the building industry today, with a report that Queensland’s biggest housing development, at Ripley Valley 5km south-west of Ipswich CBD, has commenced, as reported in the Queensland Times: AFTER more than five years of … Continue reading →

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