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In a collaboration with Dexus, one of Singapore's largest mall owners has gained a foothold in the Australian market by purchasing Cbus Property's 33.33 percent stake in 1 Bligh Street, Sydney for $37
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As part of the next step of the state's digital transformation, the NSW government is adding trade licenses to the digital wallet inside the Service NSW app. Kevin Anderson, the NSW Minister for Bette
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According to plans unveiled this week, the century-old White Bay Power Station will be the centerpiece of a 77-hectare precinct that aims to reinvent a portion of Sydney's unused harbour foreshore. Th
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After receiving approval from the Sydney planning panel and taking advantage of changes to the local environment plan, Kassis Homes will proceed with a 196-apartment project in Castle Hill. The 13- an
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Plans for a 40-storey office tower on the corner of Lonsdale and King streets in the west end of Melbourne’s CBD are moving ahead. The $500-million building—set to comprise a hotel and A-grade office
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Hong Kong-listed developer Far East Consortium is pressing ahead with two towers in the developer’s West Side Place project at 250 Spencer Street on the former site of The Age newspaper. The 81-storey
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The deadline for starting construction under the HomeBuilder grants program has been extended by another 12 months by the federal government. Many who were eligible for the grant before it expired on
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The Queensland Government has approved Acciona's development of the $1.96 billion MacIntyre Wind Farm Precinct, which will employ up to 400 people during construction. Construction at Cement Mills, ab
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The $1.5 billion 555 Collins Street precinct of Charter Hall Group (Charter Hall or the Group) has begun construction. This groundbreaking commercial precinct is the largest commercial development in
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Cbus Property has begun construction of a new $1-billion-plus office tower after receiving approval in mid-2020. The 58,000sq m office tower will reach 49 storeys and will straddle four addresses arou
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Australia’s Sydney Metro has shortlisted two companies for executing construction work on a new metro railway line under the Sydney Metro-Western Sydney Airport project. The new metro line will connec
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Australia is experiencing a critical timber shortage as a result of an increase in demand caused by the COVID-19 pandemic and destructive bushfires. Timber prices are skyrocketing as a result of the s
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The NSW Government is exploring the potential for a new 11km tunnel as a critical component of an upgraded Great Western Highway between Katoomba and Lithgow, which would be the longest road tunnel in
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The much anticipated 2021 Budget has seen a great deal of further investment in the Australian construction, infrastructure and jobs market. Outlined below are the key takeaways from the recent announ
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There have been calls for half-empty office blocks, especially second- and third-tier assets in the Sydney CBD, to be turned into residential or mixed-use accommodation. But some experts have warned a
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The NSW government will push ahead with a $2.5 billion motorway tunnel between Kogarah and Arncliffe but doubt remains over a future extension south towards the Sutherland shire. NSW Transport Ministe
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Creditors have determined collapsed construction group Grocon will not be placed in liquidation after voting in favour of a revised rescue deal. Administrators KordaMentha were appointed in November,
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Winter Sports World is an Australian first world class $300 million indoor snow resort development planned for Western Sydney. A major demand generator for tourism and winter sports, helping put Weste
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Locations of two further metro stations have been confirmed in the central business district (CBD) of Sydney, Australia. The stations will be for the Sydney Metro West project, which will connect Parr
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The contract for the construction of the terminal at Western Sydney International (Nancy-Bird Walton) Airport has been awarded to Multiplex Construction Pty Ltd. Multiplex is an established global con
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Supermarket giant Woolworths has started construction on the first of two state-of-the-art distribution centres in Sydney’s south-west to strengthen its national supply chain to more than 1000 of its
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A CIMIC Group (CIM) entity, CPB Contractors, has been confirmed as the builder of Sydney's first build-to-rent residential tower in the CBD. Pitt Street Developer South granted the design and construc
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According to the Australian Bureau of Statistics (ABS), the value of new residential construction increased by 5.1 percent in the March quarter, highlighting the tremendous demand for new homes in a h
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A new platform for build-to-rent, Novus, has recently announced a $2 billion development pipeline as the sector continues to draw institutional investment. Novus is a joint venture between ex-Mirvac w
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