Insurance issue flagged before Porter Davis collapse
A Victorian working group identified a number of short-term measures to fix the construction industry months before Porter Davis went into liquidation.
construction and property
Call for ‘no deforestation’ conditions on bank loans
To mark World Environment Day, Australian conservationists are calling for banks to stop funding the clearing of wildlife habitats by agriculture businesses.
Report pushes case for higher Sydney housing density
The NSW productivity commission's latest report suggests building higher and more densely in Sydney's inner suburbs, including along public transport lines.
Apartment dwellers face electric car-charging dilemma
New apartment buildings must feature electric vehicle charging later this year but older complexes face a potentially tricky yet vital upgrade, experts say.
Porter Davis collapse paves way for builder crackdown
Construction firms would be charged with failing to arrange insurance for customers under Victorian law changes prompted by the Porter Davis collapse.
business (general)
construction and property
consumer confidence
economy, business and finance
house building
Porter Davis owes Commonwealth Bank $33m: documents
Documents filed with the corporate watchdog show the Commonwealth Bank of Australia is owed millions by home builder Porter Davis, which collapsed last month.
Government ‘ignored’ home builders’ warning: opposition
Victoria's housing minister was briefed about reducing the risk to construction customers months ahead of the Porter Davis collapse, the state opposition says.
Jail for promoter promising high returns to pensioners
An investment promoter on the Gold Coast has been jailed for a scheme involving cold-calling pensioners and other victims with promises of 20 per cent returns.
construction and property
economy, business and finance
house building
manufacturing and engineering
New builder to complete hundreds of Porter Davis homes
Nostra Property Group will complete up to 375 of the houses left in limbo after home builder Porter Davis collapsed, liquidators Grant Thornton has confirmed.
Porter Davis owners stuck in never ending nightmare
Families impacted by the collapse of builder Porter Davis have staged a protest calling for state and federal governments to intervene to help them.
Builders and energy groups clash over construction code
The Housing Industry Association is pushing for new energy efficiency requirements for builders to be deferred, triggering fierce backlash from some experts.
Collapsed east coast builder’s debt soars past $60m
Collapsed construction group PBS Building's debts have soared beyond $60m as administrators are granted a special court extension.
Near-finished Porter Davis homes will be completed
Porter Davis liquidators have been working to find solutions for staff and clients since the home building company collapsed a week ago.
Premier backs call to not bail out beleaguered builder
Authorities are probing whether one of Australia's largest home builders illegally took deposits from customers before securing their insurance policies.
Anxious wait ahead for customers of collapsed builder
Property owners caught up in the Porter Davis collapse say a meeting held online by the company's liquidator left them with more questions than answers.
Union boss’ estranged wife in court on kill plot charge
The estranged wife of construction union boss John Sekta has faced court over allegations she conspired to murder him.
Deposits lost as Porter Davis liquidators urge patience
Porter Davis customers have been told they will lose their deposits as talks to secure access to their home building plans continue.
Queensland moves to slow pace of residential rent hikes
The Queensland government's move to reduce the frequency of rent increases has been welcomed by social service advocates but panned by the real estate sector.
HomeBuilder paperwork deadline extended
The deadline to submit supporting documentation for HomeBuilder applications will be extended for those affected by supply constraints and construction delays.
First sod turned on Queensland’s biggest road project
The opening stage of Queensland's Second M1 has been launched with work to begin on the 16-kilometre first stage on the Gold Coast.
Planes, trains and transport chaos could shape NSW poll
Voters will have the chance to determine NSW's transport future at Saturday's election, with the major parties promising billions of dollars in investment.
Mayor given sex for promoting land plan, jury told
Jurors heard audio of Brisbane lawyer Sam Di Carlo arranging a "girlfriend experience" for Ipswich mayor Paul Pisasale, allegedly to aid a planning approval.
Qld to make it easier to end community title schemes
Queensland wants to allow community title schemes to be wound up with the nod of 75 per cent of owners, and to let bodies corporate ban smoking, but not pets.
Complete Gabba rebuild in $7b Brisbane Olympics deal
A complete rebuild of Brisbane's Gabba stadium and a new 17,000 seat arena in the city will form the cornerstone's of Queensland's Olympic infrastructure.
RBA boss says it’s unlikely interest rates have peaked
It's unlikely the cash rate has peaked at 3.35 per cent, the Reserve Bank boss has warned, without offering any indication of how many more to expect.
Housing advocates call for Queensland rent hike limits
Queensland housing advocates are calling for the state government to limit the number and size of rent rises allowed each year to protect tenants.
Qld looks to market for affordable housing fix
The Queensland government is calling for more private and social sector proposals for affordable homes with the offer of grants from a $130 million pool.
Gabba funding for Olympic makeover unclear
The Queensland government says it's still working on a funding deal for Olympic infrastructure amid reports the Commonwealth no longer wants to fund the Gabba.
construction and property
economy, business and finance
housing and urban planning
politics
real estate
National housing accord needs renovation
Federal laws are in the works as more Aussies slide into housing stress and homelessness, but critics are urging immediate measures as rents and mortgages rise.
Qld govt defends health building blowouts
Queensland's acting premier says just like home renovators, the government is facing budget blowouts on projects due to high building material costs.
Mortgage cliff looms as cheap loans expire
Housing affordability has taken a hit from rising mortgage rates and spiralling inflation, bringing an end to the property boom, but buyers are more prepared.