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Construction

Today

Hitting it for six: The minimum standard of six star thermal efficiency ratings set in 2010 was upgraded to 7 stars last year.

Older, ‘cheaper’ houses hide costs that bite owners

More than 80 per cent of Australia’s houses have half the energy efficiency of the latest standards – and that’s going to make them less valuable.

  • Michael Bleby

Yesterday

Bundles of steel tubes at a trading market in the outskirts of Shanghai. A glut of Chinese steel has meant more exports.

Westview plans $750m steel mill for Brisbane as Gupta woes worsen

The privately owned supplier of reinforced steel rods is concerned about being too reliant on Chinese imports, and wants the new plant to be operating by 2027.

  • Simon Evans

This Month

George Alex was convicted of tax fraud and money laundering.

Construction boss jailed over ‘rape and pillage’ fraud

Organised crime figure George Alex also had help in claiming millions of dollars of debts from an unnamed CFMEU official, a NSW Supreme Court judge said.

  • David Marin-Guzman
Master Builders Victoria board directors say the employer group is reliant on Incolink for solvency.

How builders got captured by the CFMEU’s $1.2b redundancy fund

Master Builders Victoria’s solvency relies on millions of dollars in grants from the John Setka-backed Incolink fund, which whistleblowers say has created a huge conflict of interest.

  • David Marin-Guzman
SGH’s Ryan Stokes has deleted the “Seven” from the group’s name, reflecting just how small its media business is relative to its mining, infrastructure and construction materials interests.

Ryan Stokes out-works, out-earns rivals to take SGH to new highs

The SGH chief, one of The Australian Financial Review Business People of the Year for 2024, is renowned as one of the hardest-working CEOs in Australian big business.

  • Anthony Macdonald
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Damon Hanlin, MD of Titan Group, and Domus House 30 Derriwong Road Dural.

The football club boss, drug-dealing director and $100m scam

A liquidator claims crane company boss Damon Hanlin may have controlled a tax fraud scheme that involved shadow directors and dishonest dealings.

  • David Marin-Guzman
Going up: Large contractor earnings are increasing, but insolvencies among smaller subcontractors are also growing.

Big builders enjoy recovery as insolvencies hammer small players

Even as large contractors report stronger earnings, the loss of smaller subcontractors cuts capacity and creates risks for the whole sector.

  • Michael Bleby
Construction workers, including for the housing sector, will be added to the new list.

Tradies to join yoga instructors on core migration skills list

Home Affairs Minister Tony Burke said the federal government was moving to address critical shortages, including in new home construction.

  • Tom McIlroy and Michael Read
The submission cited reports of bikie associates acting as CFMEU health and safety representatives.

Labor created loophole for CFMEU to delay projects: builders

Builders have accused the union of exploiting Labor’s new laws for safety delegates to get around “fit and proper” restrictions on entering building sites, disrupting projects.

  • David Marin-Guzman
Pointing up: New housing approvals are increasing.

Worst has passed for new home building: economists

Bad times “are starting to end” as developers now have a handle on costs and the prices they can get for apartments.

  • Michael Bleby

November

Gavin Sas, the owner of G Effect Painting in Traralgon, wants to hire an apprentice but says he cannot afford to do so.

The big trend working against the PM’s 1.2m homes target

Painter Gavin Sas wants to hire an apprentice to expand his business, but the initial cost is too high. It’s a small part of a bigger problem.

  • Euan Black
Avid Property Group CEO Cameron Holt.

AVJennings to go private after mega private equity bid

The takeover offer from Proprium, which is backed by the company’s board, values the major home builder at $374 million, double its market capitalisation.

  • Michael Bleby
Going up: The value of residential construction work increased for a third quarter in the three months to September.

Housing construction rises to a three-year high

There are some signs of a pick-up in home-building, but higher costs and a risky environment for contractors are holding back development.

  • Michael Bleby
hiring

Trust is the key for this mining recruiter

Launched in the depths of the pandemic, recruitment firm Mergent has grown by 348 per cent to make the Fast Starters List.

  • Sian Powell
Retention of staff with attractive benefits and competitive salaries is key to the success of HTS Constructions.

Why this FIFO construction firm ‘never loses a client’

Fostering long-term relationships with clients such as gold miner Newmont has helped this business more than double revenue to $80m in a year.

  • Larry Schlesinger
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Many Australian suburbs are capitalising on existing homes rather than increasing the stock of housing.

Renovations boom while new builds stall

Australia’s trade and subcontractor shortages could be eased if policies and regulations tilted resources towards new home-building.

  • Michael Bleby
Builder Tahi Merrilees with prefab lodges in Bundanoon.  

Plug-and-play homes can be cheap, but are not for everyone

Ingenia Communities’ John Carfi welcomes federal government plans to make it easier to finance prefabricated homes, but warns against going beyond that.

  • Campbell Kwan
Workplace correspondent David Marin-Guzman.

AFR’s Marin-Guzman wins Gold Walkley for Building Bad report

Reporter David Marin-Guzman was part of a team that uncovered construction companies’ dirty dealings with bikies and underworld identities.

  • Updated
The deal covered workers that manufacture and install heating, air conditioning or ventilation on construction sites.

Union strikes ‘sham’ agreement to dodge Labor’s multi-employer laws

The plumbers’ union agreement voted on by just two people secretly deprived the vast majority of the workforce of a say over their conditions, a full bench ruled.

  • David Marin-Guzman
Gold Coast, where sands are shifting in the apartment development market.

Risks rise in Gold Coast apartment development

As banks focus on smaller and more secure projects, developers of bigger projects are turning to riskier and more expensive sources of credit.

  • Michael Bleby