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Tag: Residential Construction

Melbourne Replaces Sydney as Centre of Housing Construction Boom

Photo source: Pixabay

The housing construction industry in Melbourne is now the epicentre of the nation’s residential building boom replacing Sydney with 12 of the top 20 housing construction “hotspots” located in Melbourne.

According to research by the Housing Industry Association, over the last financial year Melbourne had the majority of  “hotspots” in the top 20 “hotspots” with the remaining 8 being located in Sydney and Southeast Queensland.

A “hotspot” is a region where at least $150 million worth of residential construction work was approved over a 12 month period and the rate of population growth is faster than the national average (1.6%).

The HIA said solid employment and population growth in Victoria will result in it continuing to dominate the “hotspots” list for the current financial year and even longer.

In the 12 months to June 2017, Melbourne’s population grew by 125,400.

As the demand for housing continues, the housing construction sector in the state will continue to flourish and tradies will benefit. If you’re interested in capitalising on the Victorian construction boom and getting involved in this industry for the first time, or if you plan on returning to it,  you need to complete the White Card course (Work Safely in the Construction Industry). You can complete the Victorian White Card course online and get your nationally recognised accreditation to start earning in the construction sector anywhere in Australia today.

Read more at https://www.businessinsider.com.au/australia-housing-construction-hotspots-population-growth-sydney-melbourne-queensland-2018-6

Australia’s Crane Capital

Sydney has 350 cranes on construction sites around the city, and it’s mostly thanks to residential construction.

In second place is Melbourne with a record 150 cranes but it still doesn’t compare to Sydney’s 350, according to the RLB Crane index, published biannually by Rider Levett Bucknall.

Sydney’s cranes aren’t concentrated in the CBD alone. They are spread across 109 suburbs in Sydney as well. Epping is the suburb with the highest number of cranes at 16 followed by Wolli Creek with 13.

This is significant because cranes are an indication of construction activity, which is booming in Sydney, particularly residential construction. Read more at http://www.news.com.au/finance/real-estate/sydney-nsw/sydney-the-crane-capital-of-australia-rlb-crane-index/news-story/99d722f498fcc5b976e2829c05d639ee

Construction at A Ten Month High

modular cons

Good news for builders, the construction sector is enjoying its highest level of activity in 10 months in June. The sector swung from contraction in May to expansion in June 2016.

The Australian Industry Group’s Performance of Construction Index (PCI) rose 6.5 points to 53.2 points, anything over 50 points indicates expansion.

The growth in the index was reportedly  driven by the first increase in new orders in 8 months. Current activty and employment figures are also higher.

All 4 sub-sectors of the PCI recorded growth – even the previously struggling engineering sector.

 

For more go to: http://www.abc.net.au/news/2016-07-07/construction-sector-growth-hits-10-month-high/7575980

How To Move Between Construction Sectors

apprentice training 2

Construction workers that are highly skilled and can transition easily between construction sectors will enjoy more consistent work than those that are specialised in one specific sector and this is important as we move away from a strong market sentiment in residential construction.

According to an article on Sourceable.net.au  around $1 billion worth of recently approved apartment developments will be postponed because of concerns about oversupply, financing, construction costs and government regulations.

The slowing down of residential construction projects will mean less jobs and candidates who are able to transition between sectors will benefit.

More Good News For Residential Construction

bricklaying
Source: DailyMail.co.uk

New home construction has hit a record high according to recent data from The Australian Bureau of Statistics (ABS).

The figures released by the ABS show a record number of new homes were built in the year to June, a rise of 16.9 per cent.

The ABS figures show that the number of new homes was 211,976.

In fact experts say Australia’s residential construction industry is enjoying its strongest period in more than 50 years.

Read more at http://www.yourinvestmentpropertymag.com.au/news/new-home-construction-hits-record-mark-206798.aspx

Shortages in Industry Send Construction Worker Pay Soaring

construction
Source: GoBigProjects.co.za

Now is a better time than ever to be a construction worker, with pay soaring both here and overseas in countries like The US and UK.

An article on soaring construction pay in The USA highlighted how shortages in construction trades are resulting in high pay for workers.

In the USA, slowing migration and the fact that many workers left the construction industry during the 2008 recession means that skilled workers are hard to come by. This demand has given rise to the highest wages experienced by construction workers across the USA.

Find out more at http://fortune.com/2015/09/17/construction-worker-pay/

 

You Won’t Believe What’s Driving Non-Residential Construction

church construction
Source: www.patheos.com

Two surprising areas of strength in the non-residential construction ndustry are aged care and religious buildings.

The surprising result was revealed by the latest ACI Construction Monitor Report.

In an article on www.theurbandeveloper.com  ACI economist Geordan Murray said there is a strong pipeline of work evident for the aged care sector and for religious buildings.

Other sectors that are also doing fairly well are agricultural and aquaculture buildings, health, entertainment and recreation and short term accommodation construction.

Read more at: http://www.theurbandeveloper.com/aci-construction-survey-report/

What the Residential Construction Increase means to you

I couldn’t help but notice reports in the media recently about how the construction sector in Oz has been steadily increasingly. Both the residential and commercial construction industries have seen a slight but stable increase in the last month according to reports by the Australian Industry Group-Housing Industry Association Performance of Construction Index figures.

Even slow growth is still growth and with this usually comes new opportunities for members of the industry. In fact it has been estimated that within the next 3 years the construction sector would have grown so much that the current rate at which new workers are entering the industry will be insufficient to support this growth. This skills shortage may result in more migrant labourers being brought into Oz on457 VISAs because the talent pool in Oz will not be sufficient to accommodate this growth in the construction sector.

Read what this post from Abc.net.au reported on the growth:

1093926-3x2-340x227The sector has not expanded for more than three years, and Housing Industry Association chief economist Harley Dale says while the improvement is welcome, the recovery is “fragile”.

Mr Dale says residential construction in particular strengthened last month, with both house and apartment building increasing.

“It’s pleasing to see three of the four elements of construction – the fourth being engineering, which was weaker this month – have actually moved in the right direction,” he said.

But Mr Dale believes consumers and businesses are delaying spending until they know the timing of this year’s federal election, and this uncertainty is hampering the recovery.

“The sooner we can know of an election date the better,” he said.

“And I think the sooner we get some more certainty back out there, the sooner we’ve got the prospect of some further recovery coming through in areas like residential construction.”

Source: http://www.abc.net.au/news/2013-07-05/construction-slump-wanes/4801336

Obviously growth in the industry will mean that those workers already in the industry will have more opportunities, more growth potential and career advancement. Basically workers will be in high demand and so will be able to find work on sites anywhere in the country.

The government has even made it easier for workers to expand their horizons by seeking work on sites in any state without having to undergo additional safety training.

Workers who have completed the White Card Construction Induction Training will be able to work in any state because this qualification is now nationally recognised.

One of the issues that must be mentioned when we speak of the growth expected in the construction industry is the need to place safety ahead of productivity every time. No matter how busy construction companies become, safety should always be the first priority. Neglecting safety is not the way to improve productivity!

For young people looking for a rewarding and fulfilling career, both male and female, the construction sector offers a wealth of opportunities and a multitude of different jobs to choose from, each with their own merits. However workers who enter the construction must first and foremost complete their basic safety training to enable them to work on a construction site in Oz.

This training in the form of the White Card is easy to obtain and can be completed right here on our site, from the comfort of your home. Visit our homepage now for more information or to register.