Omicron slowed housing approvals process
Building approvals slumped 27.9 per cent in January, but there was a marked improvement in the trade surplus due to a jump in exports.
Building approvals slumped 27.9 per cent in January, but there was a marked improvement in the trade surplus due to a jump in exports.
Probuild is merely the latest construction-sector casualty, with reform urgently needed before more tradies lose their jobs, industry bodies warn.
Victoria's premier says the state government may provide support to Probuild, as its parent company places the building firm into administration.
Prime Minister Scott Morrison says the highly-infectious Omicron variant is impacting both Australia's workforce and consumer spending.